FreeCryptoCurrency.Me

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The company now holds over $4.68 billion worth of the asset on its books.

It’s easy to get carried away with staking on PoS networks like Ethereum. But in the long-term, it pays to be cautious. Pick underlying projects with good prospects, don’t over-leverage, and, above all, embrace boredom over quick thrills, says Jeff Wilser.

Ethereum’s switch to proof-of-stake fixed some problems, like environmental damage linked to PoW mining. But it raised new issues, including worries about centralization, MEV and censorship, say Margaux Nijkerk and Sam Kessler.

If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison.

Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.

TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.

While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.

Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.

Securities and Futures Commission says decision was made in light of public demand