VanEck expects a U.S. recession to arrive in 2024, but still anticipates spot Bitcoin ETFs and the halving spurring Bitcoin to all-time highs.
VanEck’s ticker symbol for its spot bitcoin ETF will be HODL, a common abbreviation in crypto circles for “hold on for dear life.”
Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning’s numbers.
El Salvador has launched a “Freedom Visa” for investors, offering citizenship in the country for a $1 million investment in Bitcoin or USDT.
The governance token of the Solana-based liquid staking protocol Jito crossed a trading volume of $1.1 billion within a day of going live.
Tools For Humanity, the main developer of Worldcoin, is in talks with investors about raising more capital through the sale of WLD tokens.
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The Starknet Foundation plans to distribute 1.8 billion tokens as user rewards and network rebates, with precise details still to come.
Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates.
Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.
