The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Powell accused the SEC of extortion after the regulator leveled new charges at the crypto exchange, including commingling customer funds.
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.
Bitcoin whale entities are bringing back the status quo from Bitcoin’s Q1 breakout, with the BTC price battleground now clearly defined.
AI has the potential to improve productivity and enhance bank returns, the report said.
With 90% of OpenAI staff threatening to follow ousted CEO Sam Altman to Microsoft, investors are reportedly exploring legal options.
The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024.
Ether (ETH) lost 0.5%, while dogecoin (DOGE) and solana (SOL) slumped as much as 5% as traders likely took profits.
Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.
The country hopes to align local requirements with those proposed by international banking regulators.
All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations.
Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.
24 hours ago, prediction markets were almost certain that Altman wouldn't be back as OpenAI's CEO. Now the market's answer to that question has changed twice.
FTX-backed artificial intelligence company Anthropic's CEO and co-founder Dario Amodei declined an offer from OpenAI's board of directors to merge, according to a news report.
The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven't dampened investor enthusiasm for the tokens.
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets.
Evinova aims to use AI to design studies, automate cost calculations, and determine feasibility for drug testing.
Ads are reportedly being placed next to antisemitic posts on Twitter, and some of the biggest entertainment and tech firms—like Ubisoft—want out.
Granted, BONK promptly fell 29% after hitting that peak, but the Solana meme coin has still doubled in price over the past week.
As the Altman and OpenAI drama unfolds, Worldcoin remains quiet.
Alex O’Donnell spoke to us about his career as a financial journalist — and how it led to his involvement in crypto and Umami DAO.
Upstart crypto exchange Backpack also airdropped the Solana-based PYTH token to tens of thousands of new users as a reward.
As calls to slow development of artificial intelligence to ensure safety grow louder, Meta is broadening its efforts.
Crypto exchange Kraken commingled customer and corporate funds while operating as an unregistered broker, clearing agency and dealer, the U.S. Securities and Exchange Commission (SEC) alleged in a new lawsuit Monday.
The United States regulator has filed fresh charges against Kraken, just nine months after settling previous charges.
Another crypto business has bit the dust. Bittrex Global is winding down operations following the closure of its U.S. exchange in March.
Pyth Network's speed-focused oracle service aims to challenge Chainlink as the go-to data source for blockchain finance.
Bitcoin maximalists and crypto industry leaders are celebrating the rise of Javier Milei, in the hopes the controversial politician will benefit crypto.
Will crypto be the currency of choice for the AI of the future? Crypto investors are betting on it.