Category: News

The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.

Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.

Taiwan’s crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.

There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.

The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.

Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.

The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.