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With spot Bitcoin ETFs set to be approved, and a halving on the way in April, everyone expects bitcoin to rise in 2024. But history suggests that might not be the case, says Frank Corva.

#defi newsletter

China’s central bank urged regulators across jurisdictions to regulate decentralized finance jointly.

NFTs are poised to be a major driver of Web3 adoption in 2024 – but the successful projects will look very different from what’s come before.

The protocol’s governing body has agreed to pay a $1.4 million disgorgement to the U.S. Treasury, and its two founders will each pay a civil penalty of $125,000.

Solana Labs apologized for overselling the Saga, which saw surging demand after customers realized the incentives outvalued the phone itself.

#united states #sec #regulation #law #court

The commission acknowledged it had not been “accurate and candid” in earlier filings but said sanctions were not warranted, as its staff didn’t engage “in any bad faith conduct.”

#gaming #bitcoin

Sony PlayStation studio Insomniac Games has finally responded to the devastating Bitcoin ransom attack that leaked game and employee data.

#ethereum #markets #bitcoin #solana #binance coin #ripple #cardano #dogecoin #price analysis #avalanche #polkadot #chainlink

Bitcoin is expected to face stiff resistance at $45,000, but the possibility of a rally above the key price level remains high.

The reimbursement of liquidity providers affected by a $61 million hack in July was approved by Curvey's community on Dec. 21.

#ethereum #markets

The second-largest cryptocurrency by market cap is up today as developers prepare for the DenCun testnet rollout in January.

#news #policy #regulations #sec #dao #securities law

BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.

#ethereum #news #bitcoin #technology #blockchain #the protocol #tech #blockchain technology #evm #protocol village

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!)

Bitcoin is not in the mood for another breakout attempt, and even five-month lows in the U.S. dollar index can't budge a flat BTC price.

The New York Department of Financial Services (DFS) has approved Paxos' expansion to the Solana blockchain.

Unveil the threat of crypto malware and learn effective detection methods to safeguard your digital assets and transactions.

Earlier this month, I had the opportunity to speak with U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, recognized by CoinDesk as one of the most influential figures in the crypto industry over the past year, about how he views his agency's role in the digital asset world.

Ripple CEO Brad Garlinghouse called SEC chair Gary Gensler a “political liability” whose actions destroyed the agency’s integrity.

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

#hong kong #cryptocurrencies #etf #law #tokens

Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions.

The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens.

#government #china #smart contracts #peoples bank of china

The People's Bank of China has addressed issues related to regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report.

Bitcoin, Ether and altcoins have just weeks to go until the market flips fully bearish, Il Capo of Crypto insists.

#coins #bitcoin

The trial was scheduled to begin on January 15, 2024, but the ruling has pushed the start date back at least a year.

The U.S. SEC might not be comfortable with BlackRock’s “prime execution agent” change in its new spot Bitcoin ETF update, but analysts still expect approvals in early January.

A rising wedge pattern is developing on Ether's daily chart versus Bitcoin, increasing the likelihood of a breakout move by New Year's.

#news #hong kong #policy #spot bitcoin etf #securities and futures commission #regulation #sfc #etfs #hkma #hong kong monetary authority

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

Bitfinex analysts said the number of users could jump to between 850 and 950 million next year if bullish market conditions continue in 2024.

#spain #taxes

Thirty companies were granted virtual asset service provider licenses in the country during the year.