Bitcoin Round-Trips Its Way Back Under $35K as Fidelity’s Timmer Calls It ‘Exponential Gold’
The world’s largest crypto remains higher over the past 24 hours, but has slumped nearly 4% from its overnight high.
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MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3
MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday.
Privacy Technology Firm Nym Plans Early 2024 Rollout of ‘Decentralized VPN’
The privacy-focused infrastructure project says that the new NymVPN will disperse traffic across a network of nodes rather than running data through single servers as centralized VPNs do.
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
The 280 Kilowatt (kW) pilot project in Utah is already operational.
Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong’s recently accelerated ambitions to become a virtual asset hub.
First Mover Americas: SEC Subpoenas PayPal About USD Stablecoin
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.
UK’s National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.
‘Santa Rally’ Could Propel Bitcoin to $56K by Year-End, Matrixport Says
“Bitcoin continues to offer upside potential, and a +65% year-end rally would lift prices back to $56,000,” Thielen added.
PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin
Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.