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Showing posts from March, 2024Show all
Crypto Market in Zen Mode as Bitcoin Remains Stable at $70K Ahead of Halving All eyes are on the upcoming Bitcoin halving event. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn't entitled to membership in the Federal Reserve or to a Fed master account. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week The price surge implied that the token could debut with a market cap of over $500 million. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Is This the End of Bitcoin's 4-Year Bull/Bear Market Cycle?  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ethereum Hit by 'Blobscriptions' in First Stress Test of Blockchain's New Data System Ethereum fees for "blobs" – the blockchain's new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.” CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev The judge will deliver the verdict on May 14, the court said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live   The rally in the MNT token pushed the market cap of the blockchain to over $4 billion. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens , the industry's friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this first U.S. special purpose broker-dealer (SPBD) for digital assets. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Insurance Broker Marsh Introduces $825M Crypto Custody Coverage The new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC). CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Is Nigeria Strong-Arming Binance? Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria's legal battle with Binance. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How to Improve Transparency and Public Trust in Crypto Markets Proof-of-reserves and off-chain transaction reporting are key to improving trust in trading platforms following the scandals of the last 18 months, say Bruce Tupper and Tyler Williams. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28 The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14% Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase There were $836 million in net outflows between March 18 and March 21, the report said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Nigeria Charges Binance With Tax Evasion: Reports One of two senior Binance executives in government custody has escaped, local media reported over the weekend. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin, Ether in the Green as Global Easing Cycle Begins Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Remembering ‘True Names’ Author Vernor Vinge Known for popularizing the term “singularity,” the cypherpunk writer, who died this week, was prophetic about the age of artificial intelligence and cryptocurrency. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over' Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Pixels Crypto Game Fuels Resurgent Ronin Blockchain This year's bull market has seen a resurgence of many crypto narratives from yonder cycles, including crypto gaming. In that sector the Ronin network – whose game Axie Infinity reigned over the last gaming moment – is back again. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
BlackRock Creates Tokenized Asset Fund, SEC Filing Shows The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Lorraine Marcel: Bringing Bitcoin to African Women The founder of Bitcoin Dada, a virtual education program and sisterhood started in Kenya, on how she’s getting African women involved in the Bitcoin space. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024 Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9 billion since its introduction on Jan. 12, according to data from Bloomberg Intelligence. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag Increased crowd chatter may be a sign of an impending retail investor frenzy. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February The country's registered crypto investors also surged to 19 million users last month. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX Memecoins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars) The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge The Crypto Open Patent Alliance is seeking several court injunctions from Wright. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Trump is Clear Favorite Among Crypto-Owning Voters in U.S. Presidential Race: Poll U.S. presidential candidate Donald Trump is the prevailing favorite of voters who own cryptocurrencies, according to a poll commissioned by crypto investment firm Paradigm and released on Thursday. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Solana-Based Crypto Exchange Drift Plans Pre-Launch Market for New Tokens Drift Protocol – a crypto spot and futures exchange that operates on the Solana blockchain – plans to expand into "pre-launch markets," too, with a service that lets traders bet on the price of tokens before they start officially trading. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Justice James Mellor's Ruling on Craig Wright, COPA Trial, in His Own Words The judge's remarks, as shared by the U.K. Judicial Office. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Why Prime Brokers Could Be a Source of Crypto Contagion Prime brokers are a new source of liquidity in this cycle, which could be good and bad in the long-run, says Phillip Moran, CEO of the Digital Opportunities Group. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How a Bitcoin Mixer Laundering Conviction Might Be Appealed  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Craig Wright's Counsel Hits Back at COPA's Fraud Allegations in Closing Argument Anthony Grabiner, Wright's attorney, hit back at COPA's argument that private signing sessions Wright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Why Diversification Matters for Crypto, Too The rise of Bitcoin may tempt investors to ask “Why Not 100% Bitcoin?” Here’s why. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Fog Founder Convicted of Money Laundering Roman Sterlingov, the founder of long-running cryptocurrency mixer Bitcoin Fog, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins – worth about $860 million at today’s prices – tied to darknet marketplaces. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Shoots Above $73K, Tumbles to $69K, Rebounds to $71K, Triggering $360M in Crypto Liquidations Momentum behind bitcoin's rally has waned so expect a period of consolidation, Matrixport analysts noted. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
XRP Jumps 20% After Mysterious Binance Transfers as Crypto Rally Expands to Laggards The rally could be a sign of traders rotating some of their capital to tokens that haven't moved yet. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
‘Greater Fools Are Watching’: Bitcoin Is Here to Stay, Elites Admit  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
VanEck Temporarily Cuts Bitcoin ETF Fee to Zero After Lagging in Assets HODL, VanEck’s spot bitcoin exchange-traded fund (ETF), has so far attracted a little over $305 million in assets, which is far below most of its competitors. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market Products would be available to professional investors while retail consumers remain banned, the regulator said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Dogwifhat Community Plan to Put the Meme on the Vegas Sphere Social media users wonder if the display marks “cycle top” behavior. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin  than the largest corporate holder, MicroStrategy (MSTR). CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Billionaire Hedge Funder Bill Ackman Mulls Bitcoin The activist investor has previously mostly steered clear of any involvement in crypto. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Robert Alice Made NFT History, Now He’s Writing About It  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
SHIB's 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Digital Assets Innovation Needs to Balance Decentralization and Security The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts Bitcoin  reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have happened so soon if the ETFs hadn’t launched? CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What Happens if Bitcoin Reaches an All-Time High? What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Tether's USDT Stablecoin Touches $100B Market Cap, Benefiting From Crypto Trading Frenzy USDT, a stablecoin issued by Tether, hit the $100 billion market value for the first time in its history, according to CoinGecko data, as the rally on crypto markets expanded. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Pepecoin Becomes Biggest Meme Coin Gainer as DOGE, SHIB Rally Eases Futures products tied to PEPE saw unusually large liquidations since Friday, suggesting short covering. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Shiba Inu Rings Greed Alarm As Bitcoin Eyes Record High Open interest in SHIB futures has crossed above $100 million, hinting at a speculative froth. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales are Securities Transactions  In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What's at the Intersection of Crypto and AI? Perhaps Murder  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts All 20 of the CD20 assets were positive on the week, with fourteen posting returns greater than 10%. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock Outflows from Grayscale's bitcoin fund GBTC spiked Thursday, but inflows into U.S.-listed spot bitcoin ETFs remained positive, led by another strong day for BlackRock's ETF. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data