Bitcoin News

ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said that the city's evolving approach to digital asset licensing could shift attitudes in mainland…
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The largest cryptocurrency by market capitalization was recently trading at $23,481, roughly flat over the past 24 hours, but down from its highs a week ago over $25,000 – before surprisingly strong jobs and price data had markets…
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ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts;…
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ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates' 10-day, positive streak; bitcoin rebounds above $24K. Source link
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PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest…
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Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation…
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Its Thursday retreat notwithstanding, bitcoin has surged about 13% over the past seven days. The spike reflects investor optimism, although macroeconomic concerns remain. Source link
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ALSO: The SEC's move on Kraken's staking program last week shouldn't be seen as an indictment of staking as a whole. Bitcoin dropped below $21.7K at one point over the weekend. Source link
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Ether, the second largest crypto by market cap, behaved similarly, dropping from its previous support comfortably above $1,600 to about $1,546, a 6.6% decline from Wednesday same time, that was part of a wider market downswing. The…
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Perhaps a fair question is, does the VC world want another Alameda? Although the firm closed 38 deals it wasn’t the biggest investor. That goes to Coinbase Ventures, as Pitchbook puts their deal count at 121. Despite this, Coinbase…
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