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Weekly overview

Read more about the article 5 data points suggest a crypto bull market began in 2023 — What’s next for 2024

5 data points suggest a crypto bull market began in 2023 — What’s next for 2024

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

Data suggests that a crypto bull market started in 2023 and is set to continue throughout 2024. Increasing optimism for the approval of a spot Bitcoin ETF, the upcoming BTC…

Continue Reading5 data points suggest a crypto bull market began in 2023 — What’s next for 2024
Read more about the article Celsius scraps Fahrenheit consortium, gets court approval for Bitcoin mining company

Celsius scraps Fahrenheit consortium, gets court approval for Bitcoin mining company

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

According to bankruptcy Judge Martin Glenn, the deviation from the previously approved plan is permissible since creditors will not be adversely affected. Celsius Network has been approved for a second…

Continue ReadingCelsius scraps Fahrenheit consortium, gets court approval for Bitcoin mining company
Read more about the article Binance says it’s ‘truly compliance-led’ in positive year-end report

Binance says it’s ‘truly compliance-led’ in positive year-end report

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

The world’s largest crypto exchange made progress on a number of fronts in 2023 and only has one U.S. regulator still pursuing it. Binance dwelled on the positive in its…

Continue ReadingBinance says it’s ‘truly compliance-led’ in positive year-end report
Read more about the article Decentralized storage platform CESS raises $8M from 13 VC funds

Decentralized storage platform CESS raises $8M from 13 VC funds

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

HTX Ventures, Infinity Ventures Crypto, DWF Labs and other investment firms took part in the fundraise for a company aiming to improve data storage methods. Decentralized storage platform Cumulus Encrypted…

Continue ReadingDecentralized storage platform CESS raises $8M from 13 VC funds
Read more about the article FTX debtors propose $16,871 Bitcoin price for creditor claims

FTX debtors propose $16,871 Bitcoin price for creditor claims

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

Many online objected to the proposed pricing, based on the U.S. dollar value of cryptocurrencies when FTX filed for bankruptcy in November 2022. The debtors for FTX have released estimates…

Continue ReadingFTX debtors propose $16,871 Bitcoin price for creditor claims
Read more about the article Canadian Bitcoin miner Hive Digital completes $22M financing deal

Canadian Bitcoin miner Hive Digital completes $22M financing deal

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

The company’s stock has recovered from the crypto winter with a gain of 244% year-to-date. Hive Digital, a Bitcoin (BTC) miner based in Vancouver, Canada, has closed a $22-million private…

Continue ReadingCanadian Bitcoin miner Hive Digital completes $22M financing deal
Read more about the article Coinbase International Exchange caps perpetual futures leverage at 10x

Coinbase International Exchange caps perpetual futures leverage at 10x

  • Post author:admin
  • Post published:December 29, 2023
  • Post category:Weekly overview

In addition, users are capped at a notional value of $90,000 for all 10x contracts. Coinbase International Exchange, the overseas arm of the United States-based Coinbase crypto exchange, will cap…

Continue ReadingCoinbase International Exchange caps perpetual futures leverage at 10x
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