TopBuzz

First Mover Americas: Bitcoin Price Bounces as Halving Nears The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.

Tether Is Expanding Its USDT Stablecoin to TON Network, Transparency Page Shows The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.

Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark Bitcoin’s rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.

Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving GBTC again led the outflows, while inflows into BlackRock’s IBIT continued to slow, provision data from Farside show.

Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.

Bitcoin Dips Below $60K as Israel Launches Strike on Iran Iran’s first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.

Chia Network Makes Progress Toward an IPO, CEO Says The cryptocurrency company founded by BitTorrent’s inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse.

This Bitcoin Halving Is Different. But Is It ‘Priced In’? Institutions launching Bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — will be relatively muted this time, as any pontential bump is “priced in”?

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

Cryptocurrency Exchange Kraken Acquires TradeStation Crypto The takeover, which hasn’t been previously disclosed publicly, expands the cryptocurrency exchange’s regulatory licensing in the U.S.

Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.

Sen. Lummis: It’ll Pay to ‘Choose Circle Over Tether’ Under U.S. Stablecoin Proposal Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill’s authors, Sen. Cynthia Lummis (R-Wyo.).

‘It Can Be Said With Confidence the SEC Is Investigating Ethereum’: Consensys’ Bill Hughes Talks Crypto Law Consensys Senior Counsel and Director of Global Regulatory talks about ETH’s legal status and Ethereum’s future.

Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation NEW YORK – A Manhattan jury has found crypto trader Avi Eisenberg guilty on fraud and market manipulation for his $110 million heist from decentralized finance protocol Mango Markets in October 2022.

Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts, and regulatory changes, the report said.

Crypto for Advisors: Bitcoin’s Supply Reduction What does Bitcoin’s fourth halving mean, and why does it matter?

Protecting Crypto Users Is More Important Than Faster UK Registration: FCA Executive Members of the industry have complained that the regulator takes too long to approve crypto applications.

Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody’s There aren’t enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.

Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November.