Category: Breaking

U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121.

A recent slew of tokens issued on Pump Fun by fairly well-known and local celebrities has gotten the crypto community divided on their purpose.

The 50-day simple moving average marks major support at $64,870.

Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said.

Cryptocurrency exchange Bybit has confirmed reports that several executives have “changed roles” after a botched notcoin (NOT) launch resulted in $23 million in compensation being sent to 320,000 users.

Measures have been taken to prevent further unauthorized outflows, the exchange said.

The price action has been highly muted this week after plenty of volatility surrounding the previous week’s surprising regulatory turnaround for the spot ether ETFs.

Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.