Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
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SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’
Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”…
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CPI Growth Is Set to Slow Even More
And that’s good news for risk assets like bitcoin and ether, says Scott Garliss.
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Prosecutors Charge Two Crypto ‘Market Makers’, Employees With Market Manipulation, Fraud
Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege.…
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The Protocol: Peter Todd Wants to Fix Satoshi’s Bitcoin Bugs
The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin's original code.…
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How Crypto Reacted to HBO’s Big Satoshi ‘Reveal’
HBO's Satoshi documentary Tuesday got plenty of attention. But experienced hands were not convinced by the show's conclusion.
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LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows
Avalanche's low transaction fees and consistency were cited as reasons for picking that chain.
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The Shopification of Wealth
Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the financial advisory business, says Miguel Kudry.…
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For Millennials, Bitcoin Is the New Real Estate
Bitcoin represents a new frontier for wealth accumulation among younger generations. Instead of pursuing increasingly expensive real estate, younger investors might consider allocating funds to bitcoin, says Cyrus Ip, head of content, Bybit.…
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State Street Works on Tokenized Bond and Money Market Fund; No ‘Current Plans’ for Stablecoin Project
Tokenized collateral could have helped avoid or lessen the 2022 "liability-driven" crisis, Donna Milrod, chief product officer said in the interview with Financial News.…
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CoinDesk 20 Performance Update: APT Drops 2.4%, Leading Index Lower
Chainlink also underperformed, falling 2.1%.
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India’s Crypto Discussion Paper on Hold Due to Other Priorities
India's planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.…
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VanEck to Invest in Early Stage Ventures Including Crypto With New $30M Fund
Global investment management firm VanEck is expanding its venture capital presence with the launch of a new fund focused on fintech, digital asset or artificial intelligence (AI) companies in pre-seed or seed stages, it announced Wednesday.…
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First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.…
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Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range
The long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday.
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Cathie Wood’s ARK Invest Buys $2.2M of Coinbase Shares
ARK added 12,994 COIN shares to its Fintech Innovation ETF in its first purchase of Coinbase stock since Sept. 11.
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Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge
Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.…
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Crypto Majors BTC, ETH, XRP Little Changed as HBO Calls Peter Todd the Bitcoin Creator
A compelling expose could have impacted bitcoin and the broader market’s prices, but the crypto community is largely brushing off HBO’s hyped documentary.…
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Bitcoin Trapped Between 50 and 200-Day Averages as Bond Market Volatility Spikes, China Stocks Slide
The MOVE index, which measures expected volatility in U.S. Treasury notes, spiked to the highest since January, hinting at tighter financial conditions ahead.…
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The DPRK’s Deep Roots in Crypto
Last week, CoinDesk's Sam Kessler reported that developers and IT workers employed by the Democratic People's Republic of Korea – i.e.…
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Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo.
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Former Bitcoin Dev Peter Todd Denies He’s Satoshi Hours Before HBO Documentary Airs
Clips circulating on social media purportedly show filmmaker Cullen Hoback accusing Peter Todd, a former Bitcoin developer, of being Satoshi – much to Todd's amusement.…
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Crypto’s Token Lockup Orthodoxy Is a Scam
Today’s prevailing token distribution model is fundamentally broken, says Christopher Goes, co-creator of Anoma and Namada.
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Solana Is ‘Richly Valued’ Versus Ether, but Could Still Outperform If Trump Gets Elected: Standard Chartered
The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.
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Crypto Investors Mostly DCA Into Their Coins, Finds Kraken
Dollar-cost averaging can help remove emotion from decisions and focus on long-term outlook, a Kraken executive told CoinDesk.
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Layer-2 Scroll Shares Plans for SCR Token Airdrop
The team said that the SCR token would be the first step in its roadmap to decentralization.
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