Bitcoin’s 3-Week Consolidation Under $38K Has Bullish Undertone
The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.Source
Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
The Monetary Authority of Singapore (MAS) has released the final tranche of its responses to feedback on a consultation paper of proposed regulations for crypto service providers.Source
Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History
Someone paid $3.1 million in transaction fees for a bitcoin [BTC] transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block, it received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows.Source
First Mover Americas: Uniswap’s UNI Rallies and Bitcoin Holds $37K
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Binance’s Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant
The move appears to be in anticipation of the approval of spot bitcoin ETFs.Source
Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact
Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical.Source
South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.Source
South Korea to Pilot CBDC With 100K Citizens in 2024
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers.Source
Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January
The bank will start its crypto services to customers in Vienna, in partnership with Bitpanda.Source
Bitcoin Supply Inactive for a Year Hits Record High of 70%
It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.Source