Ether ICO Whale Moves 5K ETH to Exchanges, Bringing Monthly Total to $154M
The whale has deposited 48,500 ETH, worth over $154 million, to OKX at an average price of $3,176 in the past 35 days.
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CoinDesk 20 Performance Update: APT Soars 17.3% as Index Declines Slightly
DOT's 3.5% drop and SOL's 2.8% decline pull the index lower.
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.
Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying
The notes will pay interest every six months and mature Sept. 1, 2031.
First Mover Americas: BTC Slides Ahead of Busy Data Week
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 12 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating
American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being "denied adequate access to his legal team and his health is deteriorating rapidly," his family said in an emailed statement.
XRP Bullish Options' Popularity Jump May Be Due to ETF Speculation, Observers Say
Traders have locked in over $2 million in XRP's $1.10 call option listed on Deribit, the highest across all available maturities.
Tether to Fight Celsius' $3.3 Billion 'Shakedown' Litigation
Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday.
Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
Layer-1 blockchain Canto has been offline since Saturday following a "consensus issue." The CANTO token initially dropped by 21% before recovering over the course of the weekend.
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
IRS Shares New Crypto Tax Form, Invites Industry Input
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.
Crypto Needs to Radically Rethink Token Distribution
The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc.
What the NYT and Washington Post Op-Eds Get Wrong About Crypto
It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter.
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
CoinDesk 20 Performance Update: XRP's 7.8% Decline Weighs on Index
APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses.
Bitcoin's 12% Price Rally on Thursday Was the Biggest Since February 2022
Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns.
First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
XRP's order book on U.S. exchanges is 30% more liquid than offshore platforms.
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim.
Careers in Crypto: 5 Insights for 2024
In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your…
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients
Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients.