chewbsllc

[chewbsllc]

Crypto News 11.20.2023

Here are the top Cryptocurrency and Bitcoin news stories from the last 72 hours.

Tether Freezes $225 Million Linked to Human Trafficking: The cryptocurrency firm Tether has taken a significant step in combating illegal activities by freezing $225 million worth of its digital currency. This action was taken after discovering that these funds were linked to human trafficking, demonstrating the company's commitment to ethical practices in the crypto space.

https://finance.yahoo.com/news/crypto-firm-tether-says-frozen-162003214.html

 Record Lows in Active Supply of Bitcoin and Ethereum: The active supply of Bitcoin and Ethereum has hit record lows, with only 30% of Bitcoin and 39% of Ethereum changing hands in the past year. This indicates a trend of long-term holding among investors, possibly suggesting a growing confidence in the stability and future potential of these cryptocurrencies.

https://www.theblock.co/post/263647/the-active-supply-of-bitcoin-and-ethereum-is-at-record-lows

 Santander Private Bank Introduces Bitcoin, Ethereum Trading in Switzerland: Santander Private Banking International has expanded its services to include Bitcoin and Ethereum trading for its clients in Switzerland. This move signifies a significant step by a major bank in embracing cryptocurrencies, allowing clients to buy, sell, and hold these digital assets.

https://www.coindesk.com/business/2023/11/20/santander-private-bank-introduces-bitcoin-ethereum-trading-for-swiss-clients/

 CoinDesk Acquired by Crypto Exchange Bullish: CoinDesk, a leading cryptocurrency news outlet, has been acquired by Bullish, a cryptocurrency exchange. This acquisition, led by former New York Stock Exchange president Tom Farley, marks a significant consolidation in the crypto media landscape and reflects the growing influence of major players in the industry.

https://www.theverge.com/2023/11/20/23968952/coindesk-bullish-crypto-exchange-acquisition

 Canada Seeks Feedback on Crypto Disclosures: The Canadian financial regulator is actively seeking public feedback on how cryptocurrency assets should be disclosed by federally regulated entities. This move indicates a proactive approach by Canadian authorities in creating a transparent and regulated environment for cryptocurrency operations, aiming to balance innovation with investor protection.

https://www.reuters.com/technology/canada-financial-regulator-seeks-feedback-crypto-disclosures-2023-11-20/

[chewbsllc]

It's almost time to celebrate the New Year - bring it in right with a 2024 Bitcoin shirt full of fireworks!

#bitcoin #BTC #newyear #newyearseve #fireworks #celebrate #holidaysarecoming #holidays

[chewbsllc]

Crypto News 11.6.2023

Here are the Top Cryptocurrency and Bitcoin news stories from the last 48 hours:

Crypto Market Surge:

Cryptocurrencies, including Bitcoin, Ethereum, and XRP, have seen a significant increase in value, stirring the market with a surge that could lead to a $300 billion valuation shift. This uptrend comes amid global economic uncertainties and what some fear could be wartime economic conditions, affecting investor sentiment and market dynamics.

Read more on Forbes

Price Analysis:

Bitcoin's stability at the $35,000 mark and positive signs from altcoins have kept trader sentiment in the green, suggesting a bullish outlook in the crypto market. The analysis provides insights into the current market trends and potential future movements of key cryptocurrencies.

Read more on Cointelegraph

Warren Buffett's Crypto Profit:

Warren Buffett, historically a skeptic of cryptocurrency, has profited $250 million from his investment in Nubank, a financial institution involved with cryptocurrencies. This gain comes despite his previous remarks that cryptocurrencies "basically have no value," showing the unpredictable nature of crypto investments.

Read more on Yahoo Finance

SEC Scrutiny Over XRP:

The SEC is currently facing public scrutiny regarding its regulatory actions against Ripple's XRP, with the broader implications for cryptocurrency regulation also being questioned. Meanwhile, Bitcoin has shown a resilient price performance amidst the regulatory uncertainties.

Read more on Coinpedia

Bitcoin Price Prediction Pre-Halving:

A prominent figure in the bitcoin mining industry has suggested that Bitcoin's price could soar to $40,000 before the next halving event, based on current market trends and historical patterns. This prediction indicates a bullish outlook for Bitcoin in the short term, potentially leading to significant market movements.

Read more on The Street