As bitcoin stabilizes near $43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for investors.
Bitcoin
Presently, bitcoin’s price steadies at $43,654, fluctuating between $43,049 and $43,840. This stability suggests a balanced market…
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether’s market cap of $283 billion, accompanied by a strong…
This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market
December 9, 2023
In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day…
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him.
Former Binance Boss CZ Restricted to U.S. Soil
As the pivotal figure of Binance, CZ admitted guilt for not establishing anti-money laundering measures and breaching U.S.
Tether's Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
December 8, 2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion.
Since 2015, Tether’s Market Cap Has Swelled by 35,912,812%
Since the dawn of 2023, tether (USDT) has…
JPMorgan CEO Jamie Dimon Says He’d Close Crypto Down if He Were the Government – Featured Bitcoin News
December 8, 2023
JPMorgan Chase CEO Jamie Dimon told U.S. senators in a congressional hearing that he would close down crypto if he were the government. Emphasizing that he has always been “deeply opposed” to crypto and bitcoin, the executive stressed that the true use case of crypto is…
Iris-Scanning Crypto Project Worldcoin Launches Community Grants Program – Altcoins Bitcoin News
December 8, 2023
Recently, the Worldcoin Foundation unveiled the launch of its community grants program, beginning with its first phase, Wave0. In the crypto economy, Worldcoin’s WLD token has not experienced the growth that other crypto assets have enjoyed, declining over 3% in the past fortnight. This downturn followed the departure of CEO Sam Altman from Openai, a notable Worldcoin backer.
Worldcoin Debuts…
New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities – Regulation Bitcoin News
December 7, 2023
A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security…
US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler's Personal Agenda
December 7, 2023
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he…
Warren Buffett-Backed Nubank Collaborates With Circle and Talos to Increase Crypto Access in Brazil – Featured Bitcoin News
December 7, 2023
Warren Buffett-backed Nubank is collaborating with crypto firms Circle and Talos to increase crypto access and adoption in Brazil. Nubank Cripto has added 11 new cryptocurrency options to the platform this year. “We continue to see strong demand across Latin America for access to dollars, specifically in Brazil, which has emerged as a driving force for digital currency use and adoption in the…
