The Catch-22 of U.S. Crypto Regulation
The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that.
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U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal
The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.
Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts
All 20 of the CD20 assets were positive on the week, with fourteen posting returns greater than 10%.
Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock
Outflows from Grayscale's bitcoin fund GBTC spiked Thursday, but inflows into U.S.-listed spot bitcoin ETFs remained positive, led by another strong day for BlackRock's ETF.
Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court
Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.
BlackRock's Spot Bitcoin ETF Starts Trading in Brazil
BlackRock's iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said. The asset manager announced the expansion on Thursday.
Nigeria Government Demands $10B From Crypto Exchange Binance: BBC
The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows.
Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.
First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?
The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Worldcoin’s WLD Drops as Elon Musk Sues OpenAI
WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.
Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says
Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.
StarkWare Unveils New 'Stwo' Cryptographic Prover That's 'Blazingly Fast'
The upgraded prover should lead to faster and cheaper transactions, according to StarkWare. The news comes just a week after StarkWare and Polygon announced Circle STARKS, a new type of cryptographic proof.
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
The cryptocurrency has more room to run, analysts say.
Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?
The question some are now asking is whether the famously conservative firm will pivot on crypto.
Bitcoin Is Hitting All-Time Highs Around the World
Bitcoin is trading at a premium in many of the world's currencies because of their relative weakness to the USD
Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg
Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people familiar with the matter.
Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record
BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.
Trading Platform Robinhood, Layer-2 Arbitrum Team Up To Offer Swaps To Users
Users of Robinhood’s self-custody wallet will have access to Arbitrum swaps in the next coming months.
U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance
The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.
Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO
The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way.
Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.
Crypto for Advisors: Private Credit Meets the Blockchain
In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain.
Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.
Coinbase Adds 'Smart Wallet' Feature, So Lengthy Seed Phrases Aren't Needed
The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by "wallet as a service."
Digital Asset Manager Onramp Invest Integrates CoinDesk 20 Index for RIAs
Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index.