Crypto Coinfessions ✖️

The Financial Accounting Standards Board (#FASB) issued standards that will require companies to report their crypto holdings at fair value. #Bitcoin price per the fair value model is set at $36,000, 14% below the market price. #Grayscale Bitcoin Trust (#GBTC), on the other... Click here to read more

#Coinbase International Exchange to launch spot markets. This latest development is designed to address the unique needs and demands of our global user base while reinforcing our strategic mission to expand international access to trusted products and services. More details... Click here to read more

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#Bitcoin miner revenue reshaped by #Inscriptions, transaction fees hit $500M in 2023. Emerging trends in Bitcoin transaction fees highlight miners' growing dependence on new technologies like Inscriptions amid declining block rewards. Bitcoin whales diverge from smaller hol... Click here to read more

We officially enter a holiday period for the trade signals service. We will be back next year. Happy holidays to all. Click here to read more

#Bitcoin's hashrate—a measure of the computational resources being allocated to mining—surged in 2023. Hashrate has leaped to 480 EH/s from 250 EH/s at the start of the year, boosted by publicly traded mining companies who took no rest in expanding operations throughout the... Click here to read more

#Bitcoin Fluctuates Amid Rise in Institutional Acceptance. Bitcoin's volatile nature has seen it take a step of around 5%. The biggest victims have been overleveraged derivative positions, as the core momentum appears completely intact. Bitcoin has seen a slight reversal in ... Click here to read more

#BlackRock files revised #Bitcoin #ETF plan to get Wall Street banks on board 🚀. #KuCoin pays $22M settlement and cuts off NY users ⚖️. #Polygon partners with #Celestia for a major L2 boost 🤝. IRS spotlights crypto crimes in top cases 🔎. Trump launches mugshot #NFT col... Click here to read more

Total #crypto market cap reached $1.42 trillion at the end of November, representing a 13.28% MoM. The market activities and the spot market trade volume have both increased to a healthy level, similar to April/May this year. The CMC Crypto Fear and Greed Index, which repres... Click here to read more

#Bitcoin hash rate slips 8% from all-time high as miners catch a difficulty adjustment break. After six upward revisions, Bitcoin's mining difficulty drops as hash rate wanes. Short-term holders trigger Bitcoin’s largest sell-off in 18 months with $2B transferred to exchang... Click here to read more

#BNB price has climbed over 4% in the past week, despite legal challenges faced by #Binance. Open interest in Binance Coin climbed 31% in the past month, indicating that new buyers are interested in BNB. BNB price rally past the $260 level could confirm a bullish breakout... Click here to read more

#Synthetix puts an end to the inflation of its cryptocurrency. The price of $SNX rose 30% in the last week due to this development. So far, SNX is an inflationary digital asset with unlimited maximum supply. The SIP 2043 proposal was approved by a vote of the Synthetix DAO. Click here to read more

FIFA launching the #NFT collection around the 2023 Club World Cup ⚽. Senator Warren pushes bill to extend anti-money laundering rules to #crypto 👮‍♂️. El Salvador passes legislation for #Bitcoin backed bonds to fund Bitcoin City ₿. Saudi Aramco partners with SBI Holdings ... Click here to read more

Until finally #Bitcoin breathes! Some will say, and after the surprising play of the bulls. The truth is that in recent days Bitcoin has behaved in a surreal way, which makes many short-term investors think that the game is positive and that is precisely what we want to talk about. Read the complete article here: https://www.publish0x.com/rubikkav/positive-and-not-so-true-steps-of-bitcoin-for-the-last-days-xpxzrzo

Positive funding rates challenge Bitcoin’s 5% market slump narrative. #Bitcoin's price has crashed on an upward run but funding rates suggest traders are holding their ground. Click here to read more

Last week, #bitcoin options open interest hit a new high, again, of around $17.9 billion. It had previously climbed to a new high ahead of November contract expiration. While activity on many networks has been on the rise recently, one blockchain that has not seen such explo... Click here to read more

The number of large $AVAX transactions is on the rise, peaking at nearly 1000 transactions bigger than $100k last week. While this is still not close to levels of the last bull market, it is a positive sign for the bulls. The number of active #Litecoin addresses is spiking s... Click here to read more

#Bitcoin open interest drops 5% within a 24-hour timeframe. #Binance and #CME continue divergent paths as Bitcoin volatility leads to $400M in liquidations. Bitcoin’s 10% drop aligns with historical bullish trend patterns Analysts see Bitcoin's latest setback as an ebb in ... Click here to read more

#Bitcoin supply held on centralised exchanges dropped to its lowest level in six years in the past week. This decline in exchange-held $BTC has been ongoing for an extended period, now reaching the 45th consecutive month of diminishing supply. Number of transactions involv... Click here to read more