ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%
The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022.
news
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.
It May Be Time for Bitcoin Traders to Focus on John Bollinger’s Price Bands Again
Bitcoin’s monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.
Hounded by Lawyers and Short on Cash, Ben ‘Bitboy’ Armstrong Nixes Daily Crypto Show
Ben Armstrong, the brash crypto influencer whose precipitous rise as the “Bitboy” vlogger came crashing down under corporate and personal scandal, is stopping his daily livestream after three years.
Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
The distribution will be made through PayPal and Coinbase.
Bitcoin Dips to $42.4K as Fed’s Powell Pours Cold Water on March Rate Cut
Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana’s SOL tumbling over 6%.
The Protocol: Bitcoin NFT Debacle, Vitalik’s 30th, Farcaster Frames, ‘Private Mempools’
In this week’s issue of The Protocol newsletter, our Sam Kessler writes about the “private mempools” that Ethereum users are increasingly relying on to avoid front-running MEV bots. PLUS: Margaux Nijkerk explores the growing use of “councils” to oversee adolescent networks.
CoinDesk Brings Back ‘Microcosms’ NFT Consensus Ticket
Minting is live for the 1,000-run collection, whose additional perks will let holders get the most out of Consensus 2024 in Austin, Texas.
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.
Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading
The new hire happens as digital asset markets are maturing and have become increasingly intertwined with traditional finance.