CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading
The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%.
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Crypto Exchange Bybit Withdraws From France in Response to Regulations
It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.
First Mover Americas: BTC Warnings Finger Drop to $55K
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Kujira Foundation's Tokens Stung by Its Own Leveraged Positions as Bets Backfire
The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols.
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.
Kamala Harris Can't Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could "make a difference in key battleground states," OMFIF wrote.
ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange's Earnings Report
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus.
Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk" indicator.
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.
Indian Survey Reveals Impact of Crypto Taxes and Anti-Money Laundering Rules on Investors
India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed.
Bitcoin as a Strategic Reserve
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis'…
Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit.
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
Coinbase (COIN) reported second-quarter earnings on Thursday.
MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
MicroStrategy reported second-quarter earnings on Thursday.
Protocol Village: Injective Starts 'Altaris' Upgrade, Switchboard Releases 'Oracle Aggregator'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.
EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA
The European Securities and Markets Authority released an opinion report to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.
Crypto Exec Pushing for Industry Support of Kamala Harris for President
The former CEO of crypto platform Uphold, J.P. Thieriot, is trying to drum up crypto support for Vice President Kamala Harris as she pursues the Democratic nomination in the presidential election, arguing that former President Donald Trump is…
Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request
Terraform Labs co-founder and fraudster Do Kwon is once again set to be extradited from Montenegro to his native South Korea, after a ruling from the Balkan nation’s court of appeals Thursday.
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago
The bullish news continued on Thursday morning, but sellers remained in control of the market.
Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The crypto market pulled back from the first-quarter's record highs during the three-month period.
Crypto for Advisors: Crypto and Politics in the U.S.
The combination of political support, institutional adoption and favorable economic policies sets the stage for a potentially significant upward trajectory.
'Golden Boys' Move on CompoundDAO Wasn't a Governance Attack: Tally Protocol CEO
Sitting on the sidelines during the democratic process means you can't complain about the result, the CEO and co-founder of a DAO vote-counting protocol argued in an interview.
Crypto Lending Firm Morpho Bags $50M in Funding Round Led by Ribbit Capital
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
CoinDesk 20 Performance Update: ICP and RNDR Lead Losses as Index Slips 2.2%
ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading.
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters.
First Mover Americas: Crypto Markets Reel on Geopolitical Risk
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.