Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
Bitcoin miners’ reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows.
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First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160%
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.
Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange’s listing criteria.
Avalanche Foundation to Purchase Meme Coins as Part of Culture Drive
“These coins, often inspired by internet culture and humor, go beyond mere utility assets,” the foundation said.
Bitcoin Worth $1B Leaves Exchanges in Largest Single-Day Outflow in 12 Months
Net outflows from exchanges are often taken to represent investors’ intention to hold coins for long-term.
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
A federal judge issued summary judgements siding with the SEC’s arguments that Terraform had illegally sold unregistered crypto securities.
Crypto Exchange Catalyx Suspends Trading, Withdrawals Following ‘Security Breach’
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
Solana’s SOL Dips Below $100, Slips Back Behind BNB in Crypto Ranking
Traders were moving capital from SOL to stablecoins suggesting profit taking, one analyst said in an interview.
Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements
The largest cryptocurrency trading venue added 40 million accounts to 170 million.