De-banking Deserves Urgent Attention

Until last week, the issue of de-banking remained largely an open secret, something known primarily to insiders like myself. As I work to protect people and entities affected by de-banking both in the U.S. and globally, I have witnessed firsthand the devastating economic and social impact this has had on businesspeople, nonprofit organizations and “politically […]

De-banking Deserves Urgent Attention Read More »

Memecoin MOODENG Surges 67% After Coinbase Listing

A Solana-based memecoin themed on viral Thai zoo hippo Moo Deng surged by more than 67% after <a href=”https://x.com/CoinbaseAssets/status/1863600476077347065″ target=”_blank”>it was listed on cryptocurrency exchange Coinbase</a> on Monday. Its market cap is now pushing back towards $500 million after a two-week lull that saw the token’s price drop from $0.67 to $0.30. It is currently

Memecoin MOODENG Surges 67% After Coinbase Listing Read More »

Bitcoin Mining Profitability Improved in November, JPMorgan Says

Bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) daily mining revenue and gross profit rose in November as the world’s largest cryptocurrency hit record highs, but it is still about 50% below <a href=”https://www.coindesk.com/tech/2024/04/20/bitcoin-blockchain-has-fourth-halving-in-15-year-history-in-show-of-monetary-policy-set-by-code” target=”_blank”>pre-halving</a> levels, JPMorgan (JPM) said in a research report Monday. “We estimate that bitcoin miners earned an average of $52,000 per EH/s in daily

Bitcoin Mining Profitability Improved in November, JPMorgan Says Read More »

BitGo Unveils Retail Crypto Custody Platform

BitGo, a cryptocurrency custodian that has been meeting companies’ safekeeping needs since 2013, said it is introducing a dedicated retail platform for everyday crypto investors. The retail custody offering is live for all global investors and provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with, CEO Mike

BitGo Unveils Retail Crypto Custody Platform Read More »

Bitcoin’s ‘Illiquid’ Supply Soars to New All-Time High Near 15M Tokens

The so-called $100,000 <a href=”https://www.coindesk.com/markets/2024/12/02/xrp-replaces-tether-as-3rd-largest-cryptocurrency-while-btc-faces-384-m-sell-wall” target=”_blank”>sell wall</a> for bitcoin (BTC} is becoming a hard nut to crack, with $384 million available for sale between the current price and that six-figure milestone. A look at the supply data, though, suggests building pressure for an upward move. “Illiquid supply” refers to the amount of bitcoin that is

Bitcoin’s ‘Illiquid’ Supply Soars to New All-Time High Near 15M Tokens Read More »

CoinDesk 20 Performance Update: HBAR Surges 42.3% as Index Climbs Higher from Friday

<a href=”https://www.coindesk.com/indices/” target=”_blank”>CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href=”https://www.coindesk.com/indices/cd20/” target=”_blank”>CoinDesk 20 Index</a>. The CoinDesk 20 is currently trading at 3696.8, up 5.6% (+195.83) since 4 pm ET on Friday. Three of 13 assets are trading higher. Leaders: HBAR (+42.3%) and XRP (+38.5%). Laggards: SOL

CoinDesk 20 Performance Update: HBAR Surges 42.3% as Index Climbs Higher from Friday Read More »

MicroStrategy Added 15.4K Bitcoin for $1.5B as Saylor Pitches BTC to Microsoft

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Bitcoin Development Company MicroStrategy (MSTR) is now the owner of nearly 2% of all the bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) that will ever be created after adding to its holdings of the token. The firm <a href=”https://www.sec.gov/Archives/edgar/data/1050446/000119312524268429/d898104d8k.htm” target=”_blank”>disclosed the purchase</a> of 15,400 bitcoin

MicroStrategy Added 15.4K Bitcoin for $1.5B as Saylor Pitches BTC to Microsoft Read More »

XRP Replaces Tether as 3rd-Largest Cryptocurrency While BTC Faces $384M Sell Wall

XRP (XRP) is on a tear as bitcoin (BTC) struggles to approach $100,000 amid talk of a large “sell wall” near the six-digit price mark. XRP, the payments-focused cryptocurrency, has skyrocketed 375% to $2.40 in 30 days. The price has surged more than 20% in the past 24 hours alone, <a href=”https://www.coindesk.com/price/xrp” target=”_blank”>CoinDesk</a> data show.

XRP Replaces Tether as 3rd-Largest Cryptocurrency While BTC Faces $384M Sell Wall Read More »