PEPE Leads Meme Coin Rally as Ether Nears $4K
Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.
Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
Optimism Sells $89M OP Tokens in Private Transaction
The tokens have been sold to an undisclosed buyer and will be vested for two years.
Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.
U.S. Will Appeal Do Kwon's Extradition to South Korea: Report
The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.
Crypto for Advisors: Ethereum Staking
The Ethereum blockchain has nearly one million validators today. The combination of protocol rewards and priority transaction fees against a stable monetary supply backdrop results in a compelling [real] yield for investors.
CoinDesk Brings Consensus to Hong Kong
The announcement comes as Hong Kong works to brand itself as Asia's digital assets trading hub.
Ether Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company.
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.
Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April
Kamino is the latest Solana-based DeFi protocol to airdrop a token.
Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.
Fireblocks Prepares for Bull Market by Adding New Executive After New CFO Hire
Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde.
First Mover Americas: AI Tokens Reclaim the Spotlight
The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption
Adoption of the central bank digital currency pales in comparison to the use of cash in the country.
Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
Crypto AI Tokens in Focus as DOGE, SHIB Rally Starts to Ease
Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.
Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg
Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.
Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.
Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.
Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea
Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.
Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data…
BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.
Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.
How the SEC's Recent Win May Play in Its Coinbase, Binance Cases
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and…
Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock
Bitcoin's sharp rebound from Tuesday's plunge indicates a start of a new rally targeting $76,000, Swissblock said.