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Showing posts from February, 2024Show all
Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Trading Platform Robinhood, Layer-2 Arbitrum Team Up To Offer Swaps To Users Users of Robinhood’s self-custody wallet will have access to Arbitrum swaps in the next coming months. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. House Panel Seems Poised to Disapprove of Controversial SEC Custody Guidance The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Uniswap's 38% Advance Leads CoinDesk 20 Gainers Over the Past Week: CoinDesk Indices Chart Pack Just four cryptos in the index outperformed Bitcoin's 5.2% gain. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
It’s Time to Scrap AML/KYC Entirely  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
BlackRock Bitcoin ETF Heads for Second Consecutive Day of Over $1B Volume Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ether is Now the Largest Institutional Crypto Asset: Bybit Research Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright's Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up The emails were disclosed by Wright's counsel after COPA's expert witness Patrick Madden spent a tense day on the stand. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K “Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Blast Ecosystem Sees First Apparent Scam as 'RiskOnBlast' Rug Pulls $1.3M Ether Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
OANDA Opens FCA-Registered Crypto Trading Platform in the UK OANDA Crypto is the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What Reddit’s IPO Filing Says About Crypto Regulation  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright Admits to Editing Bitcoin White Paper Presented in COPA Trial COPA's trial to find out whether or not Craig Wright is the pseudonymous creator of bitcoin Satoshi Nakamoto has completed its third week. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto for Advisors: Bitcoin’s 4th Halving Is Approaching The upcoming Bitcoin halving is going to have a significant impact on the number of bitcoin entering circulation. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live  In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Former Fidelity Digital Assets Head Joins Advisory Board of Ethereum L2 Layer N Luc Froehlich will help guide Layer N's Real World Asset, TradFi, and tokenization strategies. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Avalanche's AVAX Underperforms Ahead of $365M Token Unlock Avalanche's AVAX was one of the few crypto assets that dipped in price over the past week as the token will undergo a $365 million unlocking event scheduled this week. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Crypto Vibe Shift Surveying the small, telltale signs that the market is back. But what’s different this time? CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Stellar Starts Phased Rollout of 'Soroban' Smart Contracts  The "Protocol 20" upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Where Coinbase Canada Goes, so Does the World Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
'The Goal Is Number Go Up': Inside a DAO’s Radical Governance Experiment In Meta-DAO's conception of governance, every decision is based on what the market believes is the best outcome for its token, META. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving Data from past cycles entered around halvings, and a key technical analysis tool suggested that the path of least resistance is higher. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Steady Over $52K;Traders Target $55K in Short-Term However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What the Warren/Satoshi Flag Moment Means The prank was believable because even bitcoin critics like Warren might have to embrace crypto voters in the wake of ETF approvals, says Daniel Kuhn. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
JPMorgan Analyst Criticizes Coinbase's Lack of Insights Into Its ETF Business Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs). CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs While the new spot bitcoin ETFs have received billions in net inflows since opening for business on Jan. 11, a sizable amount of money has been exiting gold ETFs. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Apple Vision Pros Are Practically Dress Code at This Crypto Hacker House Airdrop riches and FOMO are fueling a run on Apple's pricey VR headset at mtnDAO, the Solana blockchain's largest community-run coworking meetup, in Salt Lake City. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Protocol: Bitcoin's OP_CAT, Fake Ethereum Tokens, Starknet's Airdrop CoinDesk's Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin's historic "OP_CAT" function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial "ERC-404" tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright Cross Examination Ends as COPA Trial Closes for Day Wright who has been battling it out against COPA counsel in a trial for the past couple of days is trying to prove he is Satoshi Nakamoto. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
As EtherRocks Hit Sotheby’s, Who Is Laughing Hardest? Literally clipart of rocks, the NFTs are a popular joke on digital art. Now the storied auction house is selling them, they may become even more collectible, says Daniel Kuhn. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright Blasts 'Experts' Who 'Cannot Verify Their Work' at Trial Over Satoshi Claims On Tuesday, he once again faced questions about a public blog post he'd signed cryptographically to prove he was Bitcoin inventor Satoshi Nakamoto that experts have since debunked. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETFs' First Month Is in the Books: How It Went and What Comes Next Excitement was high about one month ago, when TradFi once again got the regulatory go-ahead to launch an entirely new investment vehicle for crypto. The process of bringing to the U.S. market a spot bitcoin ETF took more than a decade, but on Jan. 11, 10 such products finally began trading. It’s been a hell of a ride since. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse  The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Pushes Through $50K for First Time Since Late 2021 The world's largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry's long bear market. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETFs Flows Could Propel BTC Prices to $112K This Year: CryptoQuant Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ripple-Owned Crypto Custody Firm Metaco's CEO and Head of Product Depart Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ethereum Has Gatekeepers (for Good Reason) A new, non-standard token standard called ERC-404 circumvented the usual token approval process and is capitalizing on a term with an actual definition. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
New York Expands Fraud Case Against Digital Currency Group to $3 Billion New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum itself,” Polygon said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy The recently launched spot bitcoin ETFs, excluding Grayscale's GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Diversifying Stability: Stablecoins Finding Home Beyond the Greenback Following the success of Tether and USDC, a generation of stablecoins are offering new features for investors and holders, says Scott Sunshine, Managing Partner of Blue Dot Advisors. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex Miner reserves saw continued net outflows since bitcoin ETF debut, falling to its lowest level since June 2021, CryptoQuant data shows. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bankruptcy Was Crypto Winter’s Circuit Breaker Societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust. But, in the wake of 2022's scandals, the process helped relaunch the crypto industry, says Michael Casey. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
WisdomTree Bets On Advisor Adoption For Bitcoin ETF Success WisdomTree, one of the ten issuers of spot bitcoin exchange-traded funds (ETFs), expects its product to be more successful towards the second half of the year thanks to adoption by financial advisor platforms. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin To Reach $70K By Year End: Markus Thielen The macro environment, monetary tailwinds, U.S. election cycle and increasing TradFi demand all point to higher prices. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF). CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Donald Trump Calls CBDCs and Artificial Intelligence 'Dangerous'  The Republican frontrunner also said that AI-powered deepfakes were a "tremendous problem." CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Flat as Traders Look Forward to the 'Year of the Dragon' Market enthusiasts expect the year of the dragon to bring good fortune for the crypto market, but more traditional analysts advice caution. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election The country in 2021 became the first nation to adopt bitcoin as legal tender. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Real World Asset Tokenization Is Fake News  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The U.S. Government Seems to Be Closing in on Bitcoin Mining  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR The app is set to be released in the second qaurter and the token VR has already surged 60% in last 24 hours. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. Sen. Lummis Says 'Delicate' Talks Underway Over U.S. Crypto Legislation Speaking to CoinDesk TV, Lummis says she is hopeful a stablecoin bill could move forward in the first half of 2024, before elections increase political pressures in Washington. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
That FTX Super Bowl Ad? 'Like an Idiot, I Did It,' Larry David Says Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data