Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed

The world’s largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.Source

The Protocol: CZ’s out, Altman’s in, and Kraken’s Sued

In this week’s edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain.Source

Why On-Chain Transaction Is the Key Blockchain Indicator

The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.Source

Tokenization and Real-World Assets Take Center Stage

Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies.Source

1 Way to Revive Dead NFT Wallets

Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.Source

First Mover Americas: Binance, Binance, Binance

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Justin Sun Confirms HTX, Heco Chain Exploited After $100M in Suspicious Transfers

HTX withdrawals and deposits have been temporarily suspended, and all losses will be covered by the exchange, Sun said.Source

Crypto Banking Firm BCB Group CEO Quits 5 Months After His Deputy

Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.Source

KPMG Canada Teams Up With Chainalysis to Fight Crypto Frauds and Exploits

The duo will help companies adhere to crypto regulations and advance anti-money laundering compliance programs.Source

Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%

Order book liquidity refers to the capacity to trade quickly at quoted prices.Source