SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network
Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace.
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SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February
The country's registered crypto investors also surged to 19 million users last month.
Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX
Memecoins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI
Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)
The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets.
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the…
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Meme Coins Going Legit Is the Worst Thing for Meme Coins
Institutions like Franklin Templeton are taking meme coins increasingly seriously this cycle. But will these joke-y projects run afoul of regulators?
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
The Crypto Open Patent Alliance is seeking several court injunctions from Wright.
Blockchains Will Upend Economies of Scale
The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY.
Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
The bank raised its price target for the crypto exchange to $150 from $95.
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.
Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.
Binance Spun Off Venture Capital Arm Earlier This Year
Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."
Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.
Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Says
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs
Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies.
Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment
The Foundation first said in December it would invest in meme coin as part of a digital culture drive.
Bitcoin's Correlation to Nvidia Strongest in Over a Year
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.
Bitcoin Tumbles to $67K as Asia Begins Trading Day
Bitcoin's price has begun a recovery, trading above $68,5K as the day continues.
El Salvador Has Thousands More Bitcoins Than Previously Known
The Central American nation moved $400 million in BTC into a cold storage wallet this week.
Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.
Craig Wright Was Finally Called Out in Court and Hodlonaut Is Celebrating
“It hasn't always been easy, but I'm very happy that I stood my ground,” says Hodlonaut of his long legal fight with Craig Wright, who claimed, falsely, to be Satoshi Nakamoto.
A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.
Bitcoin Slumps 4%, Falling Below $70K; Solana Outperforms
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.
Trump is Clear Favorite Among Crypto-Owning Voters in U.S. Presidential Race: Poll
U.S. presidential candidate Donald Trump is the prevailing favorite of voters who own cryptocurrencies, according to a poll commissioned by crypto investment firm Paradigm and released on Thursday.