Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation
The U.S. central bank confirmed expectations of raising the rate by 25 basis points.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
@coindesk_bitcoin_ethereum_crypto_news_and_price_data
News Feed
Posts published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data 361/366
Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar
The putative presidential candidate’s plan to ban a CBDC at state-level is unworkable constitutionally. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras.
Tron Network’s TRX Drops 13% Following SEC Charges Against Justin Sun
Other Sun-related tokens such as SUN, JUST and HT also took hits amid the SEC allegations.
SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos
The securities regulator said Paul participated in a scheme to illegally promote TRX and/or BTT.
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges
The U.S. Securities and Exchange Commission sued Justin Sun Wednesday on allegations of selling and airdropping unregistered securities, fraud and market manipulation.
SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert
The holding company needs access to the FDIC-locked funds in order to pay back its creditors and support its two external operations, says Kleinberg, Kaplan partner, Dov Kleiner.
Straith Schreder: The Future of Content Is Collaborative
In a CoinDesk interview Straith Schreder, Executive Creative Director at Palm NFT Studio, shares why participatory artwork might actually work for your Web3 brand.
Crypto Exchange Coinbase Suspends Algorand Staking Rewards
Coinbase did not give a specific reason for terminating the rewards.
Federal Reserve Hikes Rates by 25 Basis Points
Recent bank failures had market participants questioning if the U.S. central bank would follow through with its previous intention to further tighten monetary policy.
Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil
Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.
The Reality Behind the Crypto Banking Crackdown: ‘Operation Choke Point 2.0’ Is Here
Banking enforcement targeting legal crypto businesses appears to violate the FDIC's mandate. It may also be amplifying financial contagion.
‘Smart Money’ Tools Reveal Where Crypto Capital Is Moving
Tools that track “whale activity” can provide real-time insight into how capital is moving in digital assets such as bitcoin and liquid staked ether and can inform investing decisions.
Unstoppable Domains to Roll Out Web3 Messaging Service on Polygon
The domain provider will allow users to send encrypted messages to one another, helping Web3 projects foster community.
Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology
Gotchichain is a permissioned version of Polygon optimized for Aavegotchi-themed games and dapps.
GOP Sen. Ted Cruz Proposes Ban on a CBDC
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Governor Ron DeSantis.
Telegram Users Can Now Transfer USDT Through Chats
USDT has been added to Telegram's @wallet bot, expanding the messaging app's facility for buying and selling crypto.
French Lawmakers Agree to Effectively Ban Crypto Influencer Promotions
Social media stars wouldn’t be allowed to shill unlicensed crypto under anti-scam plans voted on by the National Assembly’s Economics Committee Wednesday
European Crypto Startups Raised Record $5.7B in VC Funding in 2022
A new report from crypto VC firm RockawayX and startup data provider Dealroom showed strength in the region despite the crypto winter.
Web3 Community Management Platform TYB Joins Shopify App Store
TYB (Try Your Best) is built on the Avalanche blockchain and provides brands with tools to expand their customer loyalty programs.
ConsenSys’s MetaMask Institutional Starts Staking Marketplace With Allnodes, Blockdaemon, Kiln
The unveiling of the new marketplace comes just weeks before Ethereum’s much-anticipated Shanghai hard fork that should spur growth in staking services.
Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology.
Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for 'Qualified' Customers
The Navier platform is intended to give users more control over their acquired hashrate, and enable them to sell it on.
First Mover Americas: Bitcoin Traders Await Fed's Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
The number of eNaira wallets has jumped more than 12-fold to 13 million since October.
Crypto Exchange Bitget Invests $30M in Digital Wallet BitKeep
Singapore-based crypto exchange Bitget has invested $30 million in decentralized multi-chain wallet BitKeep to become its controlling stakeholder, according to a press release.
EU Banking Authority to Hire Crypto Experts as It Prepares for MiCA Law
The Paris-based agency will have to supervise large stablecoins and make rules under the landmark licensing legislation
Crypto Finance and Apex Group to Offer Institutional Crypto Products
Crypto Finance will provide Apex with the digital infrastructure needed to issue structured investment products.
Latest Ethereum Blocks Suggest Validators Are Reversing Censorship
Non-censoring relays such as Agnostic and ultra sound are delivering more data blocks on Ethereum than Flashbots, the one-time king of MEV-delivering relays.
XRP Token Surges on Positive Outlook in Ripple vs. SEC Case
XRP tokens have jumped 20% in the past 24 hours as Ripple defendants heralded a positive view in its ongoing case with the U.S. Securities and Exchange Commission.
Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement
The process is just getting under way and the company, which employs just over 300 staff, said it cannot put an exact number on job losses.