Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop
Starknet distributed 728 million tokens to around 1.3 million addresses in what is being dubbed as the largest airdrop of the year.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
@coindesk_bitcoin_ethereum_crypto_news_and_price_data
News Feed
Posts published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data 148/366
Liquid Restaking Tokens or 'LRTs' Revived Ethereum DeFi. Can the Hype Last?
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.
DeFi Platform Earning Yield by Shorting Ether Attracts $300M
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.
Bitcoin Order Books Are Most Liquid Since October as Market Depth Nears $540M
Order book liquidity indicates how easy it is to buy and sell large quantity at stable prices.
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX.
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.
Where Coinbase Canada Goes, so Does the World
Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial
Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto.
'The Goal Is Number Go Up': Inside a DAO’s Radical Governance Experiment
In Meta-DAO's conception of governance, every decision is based on what the market believes is the best outcome for its token, META.
Bitcoin ETFs See Record $2.4B Weekly Inflows; BlackRock's IBIT Leads: CoinShares
Inflows significantly accelerated last week, indicating increasing demand for new spot-based ETFs, CoinShares' head of research James Butterfill said.
First Mover Americas: All Eyes on Ether
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX
However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
Ether's Fundamental Supply Outlook Better Than Bitcoin's, Analyst Says as ETH Tops $2.9K
Ether has rallied 16% in seven days, outperforming bitcoin's 8.5% rise.
Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission
The money is set to cover the costs associated with having meetings including travel expenses.
Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
Japan's cabinet approved a bill adding crypto to the list of assets the nation's investment funds and venture capital firms can acquire.
Y Combinator, Startup Incubator Behind Airbnb, Coinbase, and Stripe, Looks to Invest in Stablecoin Finance
Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in.
Ether Could Be the Next 'Institutional Darling,' Bernstein Says
Ether is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said.
AI Tokens Rally as OpenAI’s Sora Brings Renewed Hope to the Sector
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.
Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days
Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL).
Cathie Wood’s ARK Offloads $90M Coinbase Shares Amid Slew of Analyst Upgrades
ARK offloaded Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving
Data from past cycles entered around halvings, and a key technical analysis tool suggested that the path of least resistance is higher.
Bitcoin Steady Over $52K;Traders Target $55K in Short-Term
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.
Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock
Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said.
What the Warren/Satoshi Flag Moment Means
The prank was believable because even bitcoin critics like Warren might have to embrace crypto voters in the wake of ETF approvals, says Daniel Kuhn.
JPMorgan Analyst Criticizes Coinbase's Lack of Insights Into Its ETF Business
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
Revolut to Introduce Crypto Exchange Targeting 'Advanced Traders'
Digital bank Revolut is set to release a cryptocurrency exchange targeting "advanced traders," according to an email sent to customers that was seen by CoinDesk.
Craig Wright Trial Includes Ninja Anecdote Cited as Proof He's Bitcoin Creator Satoshi
On Friday, Craig Wright's sister Danielle DeMorgan recounted how she once saw him dressed as a ninja and working in a room full of computers, evidence, she says, he created Bitcoin.
Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.
Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public
Ethena's USDe "synthetic dollar" is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.