Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 21:59

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S.

Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 16:45

Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK Rootstock verified the SNARK using BitVMX, which is Rootstock's modified version of BitVM

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says

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2024. Jul. 26. 15:29

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.

Ledger Unveils Second New Wallet of 2024

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 15:15

Ledger Unveils Second New Wallet of 2024 "Ledger Flex", like the Stax wallet which launched in May, incorporates touchscreen technology to "redefine the experience of self-custody," CEO Pascal Gauthier said.

CoinDesk 20 Performance Update: RNDR's 12% Gain Leads as Index Rebounds

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 13:38

CoinDesk 20 Performance Update: RNDR's 12% Gain Leads as Index Rebounds CoinDesk 20 Index jumped 4.4% fueled by RNDR's 12.6% rise and NEAR's 7.7% gain."

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 12:06

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore Singapore's government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.

First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 12:01

First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 10:54

Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet.

Bitcoin Analysts Express Optimism as Price Nears Resistance Level That Stymied It in May

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 10:54

Bitcoin Analysts Express Optimism as Price Nears Resistance Level That Stymied It in May The Bitcoin mining hashrate, a leading indicator for bitcoin rallies, has improved, one observer said, explaining the bullish outlook.

U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 26. 08:01

U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin The presidential candidate said he has most of his wealth in the digital asset.

Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 21:16

Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First

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2024. Jul. 25. 19:55

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck's Matthew Sigel said in an interview.

How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 18:51

How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation She may not be appearing at Bitcoin Nashville this year alongside Donald Trump. But, if elected president, Kamala Harris could reshape the U.S.'s policy on digital assets. Penn State Dickinson Law professor Tonya Evans sketches out what could (and should) be her agenda.

Staking in Ethereum ETFs Might Be a Question of When, Not If

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 17:53

Staking in Ethereum ETFs Might Be a Question of When, Not If The eight spot ether exchange-traded funds had a successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.

Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 16:03

Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 15:21

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide Billions of dollars worth of ether have been withdrawn from restaking protocols over the past month as the once-trendy sector starts to be hit by the fickle nature of crypto investors.

Protocol Village: ZK Proofs Arrive on Bitcoin, Roxom Launches Bitcoin-Based Stock, Commodities and Futures Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 15:18

Protocol Village: ZK Proofs Arrive on Bitcoin, Roxom Launches Bitcoin-Based Stock, Commodities and Futures Exchange The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.

Protocol Village: ZK Proofs Arrive on Bitcoin, Former Dark Web Drug Kingpin Launches Crypto Startup

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 15:18

Protocol Village: ZK Proofs Arrive on Bitcoin, Former Dark Web Drug Kingpin Launches Crypto Startup The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.

Jito Releases Open-Source Restaking Service for Solana

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 15:00

Jito Releases Open-Source Restaking Service for Solana The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

Crypto for Advisors: Making Sense of Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 15:00

Crypto for Advisors: Making Sense of Crypto As the momentum of the crypto and blockchain industry continues to grow, securities advisors are undoubtedly facing a greater number of questions from clients about specific crypto assets and the projects which underlie them. Evaluating these projects requires a thorough understanding of several crucial factors to ensure informed investment decisions.

CoinDesk 20 Performance Update: Broad-Based Decline Hits All 20 Assets, Sending Index Lower by 4.4%

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 13:52

CoinDesk 20 Performance Update: Broad-Based Decline Hits All 20 Assets, Sending Index Lower by 4.4% The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6% drop in ETH.

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 12:57

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy The miner holds over 20,000 bitcoin and plans to buy more in the open market.

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 12:01

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 12:00

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.

Coinbase's CBPL Fined $4.5M by UK Regulator for Money Laundering Lapses

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 11:40

Coinbase's CBPL Fined $4.5M by UK Regulator for Money Laundering Lapses Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 11:40

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 11:06

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.

Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 09:48

Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 09:42

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation's junior Home Minister Nityanand Rai said to parliament on Wednesday.

Crypto-Friendly Revolut Finally Earns UK Banking License

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 08:58

Crypto-Friendly Revolut Finally Earns UK Banking License Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions.

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 08:31

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B Renewed expansion in stablecoins is bullish for the broader crypto market.

India to Release its Crypto Policy Stance By September After Stakeholder Consultations: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 07:29

India to Release its Crypto Policy Stance By September After Stakeholder Consultations: Report India plans to put out a discussion paper outlining its policy stance on cryptocurrencies before September, according to Indian news outlet Moneycontrol citing an interview with Senior Finance Ministry Official Ajay Seth.

Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 07:00

Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push The company already runs nodes on multiple blockchain networks and is considering bitcoin mining plans, its web3 head revealed last month at a conference.

Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 06:42

Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.

Ether Down Over 7.5% as ETHE Outflows Ramp Up

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 06:02

Ether Down Over 7.5% as ETHE Outflows Ramp Up Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale's converted Ethereum Trust ETF posted a net outflow of over $800 million.

CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 25. 05:54

CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 22:01

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500% The surging trading volumes helped the bank reach profitability for the first time.

Is Donald Trump Insulating Bitcoin’s Price From The Tech Stock Slide?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 17:39

Is Donald Trump Insulating Bitcoin’s Price From The Tech Stock Slide? With bitcoin steady and tech stocks tanking, is this BTC’s decoupling moment? If so, former president Trump may be the reason, says CoinDesk’s senior analyst George Kaloudis.

The Evolving Efficiency of Bitcoin Markets

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2024. Jul. 24. 17:30

The Evolving Efficiency of Bitcoin Markets Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head of investment solutions at AMINA Bank.

Dispersion Is Defining the Current Crypto Market

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 17:00

Dispersion Is Defining the Current Crypto Market The range of returns available across digital asset markets offers unique opportunities for investors, says Alex Botte, Partner at Hack VC, a crypto-native venture capital firm.

The Protocol: Ethereum ETFs Aren't Blockchain, but Buyers Ape In

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 16:43

The Protocol: Ethereum ETFs Aren't Blockchain, but Buyers Ape In As Bitcoiners descend on Nashville for a big annual conference, we're covering robust demand for new Ethereum spot exchange-traded funds (ETFs) and recapping the $230 million WazirX hack.

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday.

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 15:33

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday. Customers of the defunct crypto exchange lost their funds in a 2014 hack.

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 15:33

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday Customers of the defunct crypto exchange lost their funds in a 2014 hack.

CoinDesk 20 Performance Update: XRP and NEAR Help Push Index Upward

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 13:54

CoinDesk 20 Performance Update: XRP and NEAR Help Push Index Upward XRP and NEAR lead today's CoinDesk 20 gains with 5.6% and 3.3% increases

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 13:00

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks.

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 13:00

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.

Crypto Exchange D8X to Bring Tool for Trading Polymarket Contracts With Leverage

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 12:42

Crypto Exchange D8X to Bring Tool for Trading Polymarket Contracts With Leverage D8X Co-Founder Caspar Sauter explained in an interview that leverage is the missing part of the prediction markets economy, as it allows for higher market efficiency.

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 12:03

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot

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2024. Jul. 24. 12:00

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot The cross-chain service is popularly used to transfer funds between Ethereum, Base and Solana blockchains.

AgriDex Settles First Agricultural Trade on Solana Blockchain

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 12:00

AgriDex Settles First Agricultural Trade on Solana Blockchain AgriDex, a Solana-based marketplace aiming to bring the global agricultural market on-chain by tokenizing various crops has settled its first agricultural trade on the Solana blockchain, it told CoinDesk on Wednesday.

First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 11:58

First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists The latest price moves in bitcoin (BTC) and crypto markets in context for July 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 11:10

Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis The trendline connecting 2016 and 2017 lows has consistently offered support since January.

Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 09:22

Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.

Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 08:54

Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 08:21

Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange The defunct exchange has moved billions of dollars worth of bitcoin over two days.

What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 04:35

What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election? Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration might differ from the Biden Administration's approach to crypto.

Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 24. 01:00

Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.

Ether ETF Volumes Top $1B on Day One

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 21:06

Ether ETF Volumes Top $1B on Day One Investors traded over $1 billion worth of shares - or ether {{ETH}} - of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows.

Ether ETFs See $107M Inflows on Day One as Trading Volume Tops $1B

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 21:06

Ether ETFs See $107M Inflows on Day One as Trading Volume Tops $1B Investors traded over $1 billion worth of shares - or ether {{ETH}} - of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows.

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 21:01

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan; ENA Rallies 22%

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 21:01

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan; ENA Rallies 22% Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.

Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 20:57

Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications – but the scope of its latest request filed on Tuesday has been dialed back after resistance from a federal judge.

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 20:33

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.

Spot Ether ETFs See $600M in Volume In First Half Day of Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 19:34

Spot Ether ETFs See $600M in Volume In First Half Day of Trading The eight recently launched spot ethereum {{ETH}} exchange-traded funds (ETFs) posted nearly $600 million worth of volume in the first half of their first day of availability, according to data from Bloomberg.

2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 16:20

2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme.

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 15:54

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO.

ETH ETFs: What We’re Watching For

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 15:28

ETH ETFs: What We’re Watching For ETH ETFs finally make their debut in the U.S. this week. How will the market react and will Ethereum as a development ecosystem benefit? George Kaloudis raises the questions we’re looking forward to answering.

CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 14:13

CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.

Ether Rises Above $3.5K Ahead of ETH ETF Trading, But Inflow Concerns Remain

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 12:42

Ether Rises Above $3.5K Ahead of ETH ETF Trading, But Inflow Concerns Remain Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem.

First Mover Americas: Ether Little Changed After Spot ETF Approval

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 12:01

First Mover Americas: Ether Little Changed After Spot ETF Approval The latest price moves in bitcoin (BTC) and crypto markets in context for July 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 12:00

Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.

Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 12:00

Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 11:31

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 11:00

Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 10:58

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.

Crypto Exchange Gate.io Exits Japan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 10:53

Crypto Exchange Gate.io Exits Japan Crypto exchange Gate.io has terminated its services in Japan, it announced on Monday, suggesting a lack of compliance in the nation.

Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90%

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 10:48

Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90% Harris has been endorsed by incumbent Joe Biden for the upcoming U.S. presidential elections, and some traders are betting on her ascent with meme tokens and prediction markets.

Avail, Long-Awaited Blockchain Project for 'Data Availability,' Launches Main Network

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 08:00

Avail, Long-Awaited Blockchain Project for 'Data Availability,' Launches Main Network The project, spun out of Polygon in 2023, has raised $75 million of funding and claims unique technologies as a provider of "data availability," or DA – the speciality of storing reams of transactional data produced by Ethereum layer-2 networks.

Avail, Long-Awaited 'Data Availability' Blockchain Project, Launches Main Network

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 08:00

Avail, Long-Awaited 'Data Availability' Blockchain Project, Launches Main Network The project, spun out of Polygon in 2023, has raised $75 million of funding and claims unique technologies as a provider of "data availability," or DA – the speciality of storing reams of transactional data produced by Ethereum layer-2 networks.

Bitcoin Nears $66K as Mt. Gox Moves $130M to Bitstamp

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 07:30

Bitcoin Nears $66K as Mt. Gox Moves $130M to Bitstamp The defunct crypto exchange shuffled over $2.5 billion between wallets, some of which was sent to crypto exchange Bitstamp.

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 07:08

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%

BlackRock's Spot Bitcoin ETF Draws $526M in Net Inflows

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 06:12

BlackRock's Spot Bitcoin ETF Draws $526M in Net Inflows BTC failed to take out key price resistance despite huge inflows into BlackRock's IBIT.

BlockFi Administrator Submits Plan in Court to Make Customers Whole

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 05:56

BlockFi Administrator Submits Plan in Court to Make Customers Whole "This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc.

U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 23. 05:27

U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show An address labeled "U.S. Government: Ryan Farace Seized Funds" moved BTC worth nearly $4 million to Coinbase 10 hours ago.

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Jul. 22. 21:52

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to become a law as-is.

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