DCG cannot be sold or its ownership reduced until Genesis’ bankruptcy proceedings are completed | CoinDesk JAPAN
Bankrupt crypto financier Genesis has blocked its parent company, Digital Currency Group (DCG), from selling or reducing its ownership until the Chapter 11 bankruptcy process is completed. succeeded in doing so. According to a court order issued Dec. 18, Genesis…
U.S. NASDAQ hits new year-to-date high, 10% higher than previous day in Bitcoin mining company marathon | 20th Financial Tankan
Market price trends in the morning of 12/20 (Wednesday) (compared to the previous day) traditional finance NY Dow: 37,557 +0.7% Nasdaq: 15,003 +0.6% Nikkei average: 33,219 +1.4% USD/JPY: 143.8 +0.7% Gold futures: 2,053 +0.6% NVIDIA: $496 -0.9% Apple: $196.9 +0.5%…
Buying a total of 121 billion yen worth of Bitcoin in one day “IntoTheBlock†reports whale buying line
whale buying line IntoTheBlock, a crypto asset (virtual currency) analysis company, reported that multiple large holders of Bitcoin (BTC) collectively bought around 20,000 BTC (equivalent to 121 billion yen) on the 16th. At this time, the Bitcoin price rose to…
Singapore becomes ‘top priority market’ as Coinbase expands US dollar services
Positioning Singapore as a priority market Coinbase, a major US cryptocurrency exchange, announced on the 18th that it has enabled US dollar remittance service for individual users in Singapore. Users can now deposit and withdraw USD from their Coinbase accounts…
Bitcoin spot ETFs are the biggest development on Wall Street in the past 30 years: Michael Saylor | CoinDesk JAPAN
Michael Saylor, executive chairman of MicroStrategy, said on Bloomberg TV on the 19th that the market is underestimating the importance of the upcoming Bitcoin (BTC) spot ETF. He said it should not be evaluated. “It’s not unreasonable to suggest that…
Bitcoin fees reach the highest level since April 2021, and alto market prices such as Polygon (MATIC) fall
Macroeconomics and financial markets On the US New York stock market on the 19th, the Dow Jones Industrial Average closed 251.9 points (0.68%) higher than the previous day, and the Nasdaq Index closed 98 points (0.66%) higher. In the Tokyo…
U.S. Rep. Warren criticizes lobbying activities of major crypto-related companies, demands explanation from Coinbase, etc.
Cryptocurrency industry lobbying U.S. Senator Elizabeth Warren wrote in a letter to key crypto-assets (virtual currency) industry groups on Wednesday that lobbying of the U.S. Congress by the industry is undermining efforts to address the use of cryptocurrencies in the…
Prolific Ransomware Groups Intentionally Switch On Remote Encryption for Attacks, Sophos Finds
Attackers Increase Their Use of Remote Ransomware 62% Annually, Based on Attacks Detected and Stopped by Sophos CryptoGuard Technology OXFORD, United Kingdom, Dec. 20, 2023 (GLOBE NEWSWIRE) — Sophos, a global leader in innovating and delivering cybersecurity as a service,…
JPMorgan Says Ethereum Will Outperform Bitcoin In 2024
Despite recent hype surrounding Bitcoin and spot exchange-traded funds (ETFs_, JPMorgan believes that Ethereum will outperform Bitcoin in 2024. In a Dec. 13 report, JPMorgan analysts wrote, “We believe that next year Ethereum will reassert itself and recapture market share…
“Under Attack”: TX Law Targets Immigrants as Trump Cites Hitler, GOP Pushes Biden for Border Crackdown
As Senate leaders say President Biden will have to wait until next year to negotiate a deal with Republicans on immigration as part of an emergency funding package, the leading GOP presidential candidate doubled down on his hateful comments about…