Category: CoinDesk
Previous instances of renewed upticks in China’s credit impulse portended major bullish trends in bitcoin. Source: https://www.coindesk.com/markets/2023/04/12/chinas-credit-impulse-is-picking-up-heres-why-it-matters-to-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
FTX’s sister company Alameda Research had previously acquired Ren to provide long-term funding before shutting down. Source: https://www.coindesk.com/business/2023/04/12/ftx-will-receive-all-of-ren-protocols-pegged-assets-including-bitcoin-and-dogecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Traders are likely taking profits ahead of Wednesday’s CPI report and Ethereum’s Shapella upgrade. Source: https://www.coindesk.com/markets/2023/04/12/bitcoin-slips-under-30k-ether-staking-tokens-take-a-beating-ahead-of-shapella-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the United States and unethical behavior. Source: https://www.coindesk.com/markets/2023/04/12/trons-trx-down-6-as-binanceus-delists-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ALSO: Crypto exchange Bitget’s $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto. Source: https://www.coindesk.com/markets/2023/04/12/first-mover-asia-does-bitcoin-at-30k-really-matter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Metalpha’s Hong Kong-licensed fund will give investors exposure to Grayscale’s products, but also allow for withdrawals which is something currently missing for U.S. investors. Source: https://www.coindesk.com/business/2023/04/12/metalpha-launches-grayscale-based-digital-asset-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and …
Investors will be eyeing Wednesday’s U.S. Consumer Price Index for the latest reading on inflation and the Shanghai “hard fork.” Source: https://www.coindesk.com/markets/2023/04/11/bitcoin-holds-firm-above-30k-ether-hovers-near-19k-ahead-of-cpi-shapella-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Various factions of the Ethereum community are planning watch parties to witness the first-ever withdrawals of staked ether, with the blockchain’s Shanghai upgrade (aka “Shapella”) set for Wednesday at …
Crypto hosting and mining company Core Scientific (CORZ) has appointed crypto veteran Adam Sullivan as its new president, a court filing shows. Source: https://www.coindesk.com/business/2023/04/11/crypto-miner-core-scientific-appoints-new-president/?utm_medium=referral&utm_source=rss&utm_campaign=headlines