By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: June 09, 2023 at 01:23PM
First Mover Americas: Binance.US Suspends Dollar Deposits
Bitcoin Trades at Narrow Discount on Binance.US
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data News of a possible halt in U.S. dollar withdrawals sparked an increase in bitcoin trading as customers looked to remove their assets from the exchange, one observer said.Publish at: June 09, 2023 at 01:00PM
Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The delays are impairing the miner’s hashrate and bitcoin production.Publish at: June 09, 2023 at 12:14PM
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA’s Matthew Long.Publish at: June 09, 2023 at 11:49AM
EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.Publish at: June 09, 2023 at 11:38AM
Hong Kong Monetary Authority to Prepare for Retail CBDC
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD.Publish at: June 09, 2023 at 11:26AM
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market.Publish at: June 09, 2023 at 10:10AM
Cardano Developer Rejects SEC Claim Its ADA Token Is a Security
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data “Under no circumstances is ADA a security under U.S. securities laws,” IOG said.Publish at: June 09, 2023 at 09:51AM
Vitalik Buterin’s Shiba Inu Donations to Power New Round of India Covid Relief Funds
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Buterin said the new donation would work toward reducing the long-term impact of coronavirus.Publish at: June 09, 2023 at 07:51AM
EU’s Landmark Crypto Law MiCA Published in Official Journal
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The procedural move means landmark licensing, stablecoin and anti-money laundering rules apply as of December 30, 2024.Publish at: June 09, 2023 at 07:34AM