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First Mover Americas: Bitcoin Consolidates After Encountering Resistance at $90K

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 13, 2024. First Mover is CoinDeskโ€™s daily newsletter that contextualizes the latest actions in the crypto markets.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

South Korean police arrest YouTuber, 11 others in $231M crypto fraud case

South Korean police have arrested 12 suspects, including a prominent YouTuber, in connection with a $231 million crypto fraud that affected more than 15,000 investors, local media outlet Yna reported. The report stated that this arrest is part of an extensive investigation, initially leading to the apprehension of 215 individuals, with 12 ultimately detained for [โ€ฆ] The post South Korean police arrest YouTuber, 11...

Published on: November 13, 2024 | Source: CryptoSlate favicon CryptoSlate

SEC approves Coincheck as first Japanese crypto exchange on Nasdaq

Coincheck is set to make history as the first Japanese crypto exchange to list on Nasdaq, following SEC approval.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Ether ETFs in the Black for the First Time After 5 Days of Inflows

Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Tezos Co-Founder: U.S. โ€˜Consecrationโ€™ of Crypto Means Less Regulatory Ambiguity

Bitcoinโ€™s โ€œparabolicโ€ price rise reflects the new lack of ambiguity around cryptoโ€™s status, said Kathleen Breitman.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

Cardano Foundation held $478M in assets in 2023: Report

Of the funds, 82.5% were held in ADA tokens, 10.1% in Bitcoin, and the rest were in US dollars.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Cardano Foundation Spent $23.7M in 2023: Financial Insights Report

Cardano Foundation, a not-for-profit organization that develops and supports the Cardano network, launched its first Financial Insights Report on Wednesday detailing spending across operations, education and adoption for 2023.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Improbable 'Reluctantly' Entered Infrastructure Space With Somnia Layer-1: CEO

Herman Narula, CEO of gaming technology startup Improbable, joined Decrypt's Stephen Graves at Web Summit to talk about its new Somnia layer-1 blockchain, the roadmap for Bored Ape metaverse Otherside, and crypto's "resurgence" following the U.S. election.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher: Van Straten

Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

XRP Holders Still Trading as Though ETF Is Sure Thing, Say Analysts

"The market is putting all its chips on the table for an XRP ETF approval and a less hostile SEC," one analyst told Decrypt.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

Revolut expands crypto exchange to 30 new markets in Europe

Revolut Xโ€™s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Roninโ€™s Katana DEX to launch v3 upgrade with reduced rewards

Roninโ€™s Katana DEX will undergo a v3 upgrade, enhancing liquidity efficiency and reducing RON emissions as rewards adjust for better capital utilization.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. Prison

Daren Li oversaw the transfer of more than $73 million away from crypto scam victims to wallets he and his co-conspirators controlled.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Revolut Expands Crypto Exchange Across EU After Successful Launch in UK

Tens of thousands of traders have been using the bankโ€™s crypto exchange in the UK, a spokesperson said.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Bitcoin Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Bull Run

All we would say here is not to fight this emerging dollar uptrend, ING said.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Trump taps Elon Musk and Vivek Ramaswamy to slash govโ€™t with โ€˜DOGEโ€™

The newly created Department of Government Efficiency will work to cut โ€œwaste and fraudโ€ from $6.5 trillion in US government spending.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitwise to expand business with ETH staking service acquisition

Bitwise acquired the institutional Ether staking service provider Attestant for an undisclosed amount.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

What is impermanent loss and how to avoid it?

Learn about impermanent loss in DeFi and strategies to mitigate risks. Discover practical tips, tools and the potential rewards of providing liquidity.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

South Korean Police Arrest 215 in Suspected $232M Crypto Investment Scam Investigation: Yonhap

The scheme promised 20x returns through investing in tokens that in reality had little value.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Ethereum Developer Consensys Plots Token Issuance in Sign of Trump Thaw

The long-anticipated LINEA token comes as the next U.S. president is expected to usher in a more favorable regulatory environment for cryptocurrency.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Consensys decentralizes Linea with new Swiss nonprofit association

The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Immunefi suspends TrustSec amid bug bounty dispute

Immunefi suspended Trust Security over accusations of manipulating issues, sparking debate about fairness in Web3 bug bounty platforms.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

TV, not TikTok, will educate the world about blockchain

Television's long-form format and widespread reach make it a superior medium for educating the masses about blockchain and Web3 technologies.

Published on: November 13, 2024 | Source: Cointelegraph favicon Cointelegraph

Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb

DOGE's price has surged 78% since Trump's election win a week ago.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E

In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

Metaplanet Discloses $28 Million Gain on Bitcoin Holdings, Stock Slides

Tokyo-based Metaplanet has more than doubled its Bitcoin while the value of its holdings has soared amid a renewed bull market.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

Ethereum Pioneer's New 'Time Machine' Makes Transactions Conditional on Future Events

The new platform, called the โ€œEthereum time machine,โ€ extends Ethereumโ€™s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.

Published on: November 13, 2024 | Source: CoinDesk favicon CoinDesk

DOJ Seeks Seizure of $16 Million in FTX-Linked Crypto Following Year-Long Probe

Prosecutors are working to recover FTX-related crypto assets that have doubled in value since December 2023.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

Trump Taps Dogecoin Fan Elon Musk to Lead DOGE Agency With Vivek Ramaswamy

The agency aims to streamline the U.S. government by cutting bureaucracy, reducing costs, and creating a leaner, more accountable structure.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

Solanaโ€™s Value Stuck in Fourth Gear as Network Growth Races Ahead of Ethereum

Solana has continued to peck away at Ethereum, beating out the number two blockchain in key metrics along the way.

Published on: November 13, 2024 | Source: Decrypt favicon Decrypt

โ€˜Just Donโ€™t Breakโ€™ Bitcoin: Devs Debate Tech Upgrades to Top Crypto

The bitcoiners gathered at OP_Next were decidedly in favor of progress โ€“ but not too much progress, and certainly not too fast.

Published on: November 12, 2024 | Source: CoinDesk favicon CoinDesk

Bitcoin Price Breaks Above $90,000 as 'Trump Trade' Continues to Spur Markets

Bitwise Chief Investment Officer Matt Hougan expects Bitcoin to breach $100,000 by yearโ€™s end and $200,000 by the end of 2025.

Published on: November 12, 2024 | Source: Decrypt favicon Decrypt

Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets

Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.

Published on: November 12, 2024 | Source: CoinDesk favicon CoinDesk

Dogecoin ETFs Arenโ€™t as Crazy as They Sound, Analysts Say

The meme coin was created as a joke in 2013, but analysts say Dogecoin has a serious chance at making a Wall Street debut.

Published on: November 12, 2024 | Source: Decrypt favicon Decrypt

Bitcoin Hash Ribbons Indicator: Miners Show Unwavering Optimism as Hash Rate Hits New Highs

Bitcoin's hash rate is surging to new all-time highs, signaling strong miner confidence in the network's future. Discover how the Hash Ribbons Indicator helps decode miner sentiment and why this bullish crossover could hint at upcoming price momentum.

Published on: November 12, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine