Ethereum's ENS Identity System Set to Launch Own Layer-2 Blockchain
Namechain, as the layer-2 blockcain is called, will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.
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Solana Joins $100B Club, Hitting Nearly a Three-Year High Above $210
The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted.
Dogecoin Flips XRP as Elon Musk-Linked Trade Keeps on Giving
DOGE prices zoomed a further 14% on Sunday, pushing the token above XRP to make it the seventh-largest by market capitalization.
Cardano’s ADA Rockets 35% as Hoskinson Says He’s Helping U.S. Crypto Policy
ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S.
Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated
Weekend pumps are considered bullish because they indicate broad interest and participation from smaller investors rather than just institutional players.
Bitcoin Aims For $80K as Futures Premium Soars and Whopping $1.6B in Open Options Bet Hints Price Swings
Why Bitcoin Will Soar Above Its Fresh Record: Van Straten
Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues.
The Unique Way the Solana Trading Ecosystem Is Making Bank
Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido.
Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday
Polygon joined Cardano as a top performer, gaining 7.9%.
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.
First Mover Americas: BTC in Price Discovery Mode Following Record High
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk's Strong Ties to President-Elect Trump
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts
BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product.
CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report
WonderFi CEO was forced into a vehicle but released after a ransom was paid.
Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets
The U.S.'s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.
Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture
The company's shares fell after reporting third quarter sales that missed estimates by 4%.
Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury.
Intense Competition — Not Technology — Will Fuel Blockchain's Rise to Dominance
Like the internet itself, decentralized networks aren't always the most efficient tools for some tasks. However, the open, permissionless nature of these networks creates intense competition that often serves customers better than technical…
In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and…
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win
Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election.
Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
Bitcoin just made a new all-time high, but ether is the real winner here.
Here's How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump
With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.
We’ve Been Thinking About Blockchains Wrong. They’re About Time, Not Money
There is almost no limit to the things we can build if we understand what blockchains are really for, says Ethereum researcher Vlad Zamfir.