Category: CoinDesk
Bitcoin hit a fresh yearly high of $42,000, pushing the market capitalization of all cryptocurrencies over $1.5 trillion for the first since May 2022. Source: https://www.coindesk.com/markets/2023/12/04/bitcoin-rally-to-42k-fueled-by-panic-buying-pushes-crypto-market-cap-over-15t/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements. Source: https://www.coindesk.com/business/2023/12/04/tokenization-of-rwas-gets-push-in-europe-as-axa-generali-buys-socgens-green-bonds-on-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/consensus-magazine/2023/12/04/introducing-most-influential-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
With upgrades to the Aave lending/borrowing protocol and Lens, an open-source social media protocol, the Estonian native kept BUIDLing in a down-market. Source: https://www.coindesk.com/consensus-magazine/2023/12/04/stani-kulechov-defied-crypto-winter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The CoinDesk reporter belongs in the journalism hall of fame since there’s little, if any, precedent for the waves his story on Alameda Research and FTX stirred up. Source: …
As many as 28 Virtual Digital Assets (VDA) or crypto service providers have registered themselves with India’s Financial Intelligence Unit (FIU-IND). Source: https://www.coindesk.com/policy/2023/12/04/28-indian-crypto-service-providers-have-registered-with-countrys-anti-money-laundering-unit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
They also want the government to tweak plans to make sure the CBDC’s design won’t preclude the possibility of paying interest on the digital pound. Source: https://www.coindesk.com/policy/2023/12/04/uk-lawmakers-urge-lower-digital-pound-holding-limits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Numbers from the exchange show institutional traders largely ignored altcoins in favor of perceived “safe” assets. Source: https://www.coindesk.com/markets/2023/12/04/institutional-traders-split-between-bitcoin-ether-bybit-research/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The “basis trade,” a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium. Source: https://www.coindesk.com/markets/2023/12/04/bitcoin-market-neutral-bets-offer-10-return-as-btc-tops-41k-analysts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/business/2023/12/04/standard-chartered-backed-zodia-custody-joins-ripple-owned-metacos-global-crypto-storage-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines