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Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported.
The U.S. Government May Begin Hoarding Bitcoin, But How and Why?
Proposed legislation regarding a strategic reserve of bitcoin for the U.S. government poses far more questions than answers at the moment.
Women in Crypto Earn More Than Men
Pantera Capital’s compensation survey finds that, based on median base salaries, women earn 15% more than men. One possible explanation: they often have more experience than their male counterparts.
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges "are going to be crucial," as it remains open to "everything that is possible to help solve this situation."
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates.
DraftKings Dumps NFT Business, Citing Legal Developments
The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
BitClout Founder Charged With Wire Fraud, Civil Securities Charge
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities.
Move Language Developer Movement Labs Joins AggLayer
The collaboration will enable unified liquidity across MoveVM-based layer-2 blockchains.
Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.
Polychain, Lightspeed Lead $7M Fundraise for Math Olympian's Blockchain-Based AI Platform
Hyperbolic's blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.
Router Launches Mainnet, as More Projects 'Abstract' Away Blockchains
Router Chain is supposed to reduce the complexities of cross-chain interactions and make the development of dapps easier to use.
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bank of England to Carry Out CBDC, Digital Ledger Experiments
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.
Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies
Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.
COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound
A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed.
Dogecoin Pup Owner’s New Shiba Inu Ends Up in NEIRO Memecoin Drama
A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup - despite her officially distancing from all such tokens.
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning.
Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.
Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details
Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and…
Ether ETFs Saw $340M of Negative Outflows in Their First Week
More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.
Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens
The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release.
Bitcoin Pulls Back Sharply After Touching $70K
In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling.
Polymarket Whales Favor Trump as Election Betting Surges Past $400M
Traders also are skeptical about China 'unbanning' bitcoin
CoinDesk 20 Performance Update: BCH's 21% Surge Leads Index Gain
Bitcoin Cash and Litecoin lead the charge as the CoinDesk 20 Index climbs 3.0% since Friday's close.
WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45% of its user funds, it suffered earlier this month.