Archive for month: March, 2024
Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau’s Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime.Source
SHIB’s 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.Source
‘Groundhog Day’ in Crypto as Bitcoin Again Plunges Following New Record
Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday’s action.Source
Ether Hits $4K for First Time in More Than Two Years
The second-largest cryptocurrency last surpassed that level in December 2021.Source
U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%
So far in 2024, bitcoin’s concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.Source
First Mover Americas: Ether Approaches $4K
The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.Source
Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.Source
PEPE Leads Meme Coin Rally as Ether Nears $4K
Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains.Source