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Showing posts from November, 2024Show all
Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in January,  leaving the agency with a Republican majority as it weighs a likely course shift under the new administration of President-elect Donald Trump. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain Phantom, a crypto wallet with a steeper learning curve, is way ahead of exchange giant Coinbase in the Apple App Store rankings. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Gary Gensler, We Won’t Miss You But, let’s face it, crypto’s regulatory uncertainty isn’t all your fault. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto Foe and SEC Chair Gary Gensler Will Quit When Trump Takes Office  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Retail Investor Selling Signals Coming Pullback, but There Might be a Catch Dubbed "smart money" of late, retail bitcoiners are starting to sell, but exchange balances are falling, suggesting plenty of buyers. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Rumble Stock Rises as CEO Teases Bitcoin Adoption The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields The protocol's rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Makes New All-Time High of $93,750 as ETF Options Go Live Spot bitcoin exchange-traded funds options are making solid volume on their first day. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Dueling 'Eliza' AI Tokens Boom and Zoom in Frenzied Trading Power and profits took center stage in a confusing morning. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree It’s unclear whether the U.S. government has the authority to use seized bitcoin to constitute a strategic reserve. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Frenzy Alert: JPMorgan's Bitcoin Retail Sentiment Score Hits Record High, MSTR's Call Skew Soars MSTR's options market exhibited extreme upside fear or bullish speculative frenzy. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
CAT Token Expands to Solana, Setting Up Long-Term Bullish Move The vault has been filled in excess of an initial $100,000 target as of Asian morning hours, with $240,000 worth of stablecoins deposited for CAT on Solana, data shows. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
XRP Sees Record Futures Bets Amid Price Surge Above $1.20 An increase in both OI and prices typically indicates that new money is entering the market — indicative of a bullish trend. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
BONK Jumps 16% to Record Highs as Traders Eye Even More Gains Ahead Low-unit bias, demand on Coinbase, frenzied community trading activity and BONK’s standing within the Solana ecosystem are positioning it for more growth ahead, traders say. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’ The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
XRP Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms The price surge is consistent with the recent bullish positioning in the options market. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What Does Trump's Win Mean for Crypto? Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become law sometime in the next two years. It also heralds a potentially softer approach from regulators toward the sector. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America, Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin via the spot bitcoin exchange-traded funds. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Many Ways Crypto Won in This Election The dust is starting to clear on the election and no one won bigger than crypto. Aubrey Strobel looks at how the new Trump Administration could help the industry moving forward. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How Tokenized Money Market Funds Dulled the Stablecoin Star Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan is the co-CEO of Prometheum. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Senior Federal Reserve Official Who Blasted Bitcoin Now Says He'll Have an Open Mind Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry "worthless" and "nonsense," still isn't an uber-bull, though. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How Escape Hatches Can Boost Crypto’s Reputation Liquidation, hacks and thefts have plagued the industry. It’s time for a hard-wired cheat-proof feature that pays on-chain creditors in an orderly way, says StarkWare CEO Eli Ben-Sasson. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K BTC's breakout has the market in a state of euphoria, QCP Capital said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Decentralized Social Media Firm Lens Eyes Massive Scale-Up The latest version introduces application building blocks that allow users to create decentralized newspapers with thousands of contributors. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally Bitcoin clinched another all-time high of $88,448 on Monday, surging 11% over the past 24 hours. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham Trustees transferred over 30,000 BTC from “1FG2C…Rveoy” to  “1Fhod…LFRT,” a new wallet, and $200 million to a Mt. Gox cold wallet. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Nears $82K in Bullish Start to Week; Dogecoin Flips USDC The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ethereum's ENS Identity System Set to Launch Own Layer-2 Blockchain Namechain, as the layer-2 blockcain is called, will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Solana Joins $100B Club, Hitting Nearly a Three-Year High Above $210 The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Cardano’s ADA Rockets 35% as Hoskinson Says He’s Helping U.S. Crypto Policy ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated Weekend pumps are considered bullish because they indicate broad interest and participation from smaller investors rather than just institutional players. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
As Bitcoin Eyes $80K, Futures Premium Soars and $1.6B Locked in Options Bet Points to Big Moves  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Unique Way the Solana Trading Ecosystem Is Making Bank Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
We’ve Been Thinking About Blockchains Wrong. They’re About Time, Not Money There is almost no limit to the things we can build if we understand what blockchains are really for, says Ethereum researcher Vlad Zamfir. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Polymarket Projects a GOP House, Clinching Trump Trifecta If the prediction market's traders are right – and lately, they've been right – the election results are even more bullish for crypto than they appear. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How Trump Could Change Crypto Analysts expect a broad market rally and changes in SEC leadership. Trump’s crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Uniswap's UNI Token Soars 28% as Altcoins Outperform Following U.S. Presidential Election The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin's 6% advance following Donald Trump's victory. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Live Updates: Crypto and the 2024 U.S. Election Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After? Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto Voters Are the Key to Victory in 2024 “In this election, the crypto vote could be the difference between winning and losing,” says Logan Dobson, Executive Director of Stand With Crypto, an industry-funded non-profit. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. Election Betting: Polymarket 'Manipulation' Claims Miss the Mark The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
First UK Pension Fund Invests in Bitcoin British pension specialist has guided the U.K.'s first pension to make an allocation into bitcoin. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Set for $6K-$8K Seesaw as U.S. Elections Enters Final Stretch: Analyst While volatility is price-agnostic, recent flows in the options market suggest bullish expectations. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Singapore Pushes for Commercialization of Tokenization The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Harris and Trump Bets Near Even Odds Ahead of U.S. Election Day as 'Voter Fraud' Rumors Swirl The most popular Polymarket bet has seen a flurry in trades ahead of Election Day, contributing to a surge of Harris’ winning shares on the betting platform. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Volatility Jumps to 3-Month High Ahead of U.S. Election Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Pulls Under $68K as Crypto Markets Falter Ahead of Election At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus an easy Trump victory just days ago. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now. Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data