ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped
ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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These Two Bitcoin Indicators Offer Light in a Gloomy Marke
BTC has dropped over 13% this month, but all is not lost, according to key indicators.
Binance Has Challenged India's $86M Tax Showcause Notice: Source
Binance, the world's largest cryptocurrency exchange, has "challenged" a nearly $86 million tax notice from India's Directorate General of Goods and Services Tax Intelligence (DGGI), a person directly involved with the matter told CoinDesk.
Bitcoin Jumps Above $56K, Solana Leads Recovery From Monday's Rout
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.”
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.
Is Bitcoin Still a Store of Value?
It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.
DePIN and Machine Data Can Change Web3
DePIN enables the tokenization of machines, opening up RWA investments and spreading benefits to owners and users, says Leroy Hofer, CEO and co-founder of Teneo Protocol.
Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren's Headwinds
A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix City Council member who faced a candidate backed by Sen. Elizabeth Warren (D-Mass.)
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors.
CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline
The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit.
First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off.
Crypto Stocks Slump as Bitcoin, Ether Tumble
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide.
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.
Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes
Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.
Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Slumps Most Since 2021
A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.
Ether Slides 20% as Trading Firm Moves $46M in ETH
A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.
Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets
Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%.
Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10%
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
On-Device Proofs Solve DePIN Verification Challenges
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.
As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks
Former President Donald Trump heaped more praise on the "very, very smart people" of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national…
How DePINs Address AI's GPU Gap and Ethics Problems
The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.
Coinbase's 'Solid' Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
The broker raised its year-end price target for the software company to $2,150 from $1,875.
France Opens for MiCA Applications, First Among Biggest EU Economies
France's Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
Make America Mine Again: How Donald Trump's Plan for U.S. Bitcoin Dominance Could Trigger a New Digital Gold Rush
The U.S.'s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90% of the global market.