Bitcoin News

Bitcoin News

Märkte

What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?

Bitcoin cratered almost 10% below $41,000 early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.

Bitcoin price (CoinDesk)

Märkte

USDC Stablecoin Momentarily Depegs to $0.74 on Binance

The stablecoin immediately snapped back to its $1 peg on Binance.

USDC momentarily trades at $0.74 (Piret Ilver/Unsplash)

Technologie

Protocol Village: KuCoin Labs Invests in ISSP for Sui-Based Inscription Protocol

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Märkte

First Mover Americas: Bitcoin's Strong Start to January May Falter

The latest price moves in crypto markets in context for Jan. 3, 2024.

BTC monthly chart (TradingView)

Richtlinien

Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport

"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said

Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)

Märkte

Bitcoin Slumps as $400M Liquidated in Two Hours

Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.

Bitcoin chart (CoinDesk data)

Finanzen

Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Shares

Saylor said earlier that he would use the proceedings from the sales to address personal obligations and buy more bitcoin to his personal account.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Märkte

Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K

Michael Saylor's MicroStrategy was a rare crypto name moving higher on Tuesday.

Coinbase share price (TradingView)