HashKey Becomes Crypto Unicorn After Closing $100M Raise
Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Will the Next Bitcoin Halving Be Another Hype Cycle?
Following the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.
Circle Highlights Surge in USDC Use for Asia Remittances in New Report
Since its introduction in 2018, USDC has been used to settle over $12 trillion in blockchain transactions.
First Mover Americas: Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Google Cloud Joins Flare Network as Validator, FLR Jumps 5%
Flare, which calls itself "the blockchain for data," gives developers access to decentralized data via its Oracle system..
Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says
Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk.
Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right
The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.
JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs
The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), the report said.
Tokenized Fund Adoption Grows but Brings Technology Risks: Moody's
Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.
Venezuela Ends Controversial Petro Cryptocurrency: Reports
Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports.
In Failed Bitfinex Exploit Attempt, Billions in XRP Moved
The failed token transfers spooked some market watchers as they amounted to nearly half of XRP’s $30 billion market capitalization.
Bitcoin's Technicals Suggests Deeper Pullback to $38K: Analyst
Bitcoin's RSI divergence signals correction, 10x Research said.
SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement
SEC Comments on Hack of Its X Account and Resulting Fake Bitcoin ETF Approval Announcement
The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.
What Other Crypto Firms Could Go Public This Year
After Circle’s SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.
BTC Tumbles Below $42K, Coinbase and Miners Plunge as Bitcoin ETF Mania Becomes 'Sell the News' Rout
Bitcoin dropped below $42,000 on Friday, plunging almost 10%, as the euphoria over the bitcoin ETFs approved this week gave way to a massive rout.
Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally
Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.
Genesis Global Trading Pays $8M to Settle New York Lawsuit
Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a…
Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell 'Quantum Cats' Collection
The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.
White Supremacists Lean On Crypto, Says Anti-Defamation League Report on Extremists
White supremacist groups in the U.S. have sometimes been funded by crypto, according to a report from the Anti-Defamation League (ADL) that analyzed about $140,000 in transactions connected to 15 extremist groups or individuals last year.
First Mover Americas: Franklin Templeton's Bitcoin ETF Becomes the Cheapest
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock CEO Larry Fink Backs Ether ETF
"I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
Franklin Templeton's Bitcoin ETF Now the Cheapest After 10 Basis Point Reduction
After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved.
Bitcoin Miner Outflows Hit Six-Year Highs Ahead of Halving, Sparking Mixed Signals
CryptoQuant data shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures.
CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm
CoinShares said the decision is a direct result of the SEC's approval of the listing of a spot bitcoin ETF.
Telcoin Restores User Balances After Exploit, Records 400% Increase in Deposits
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.
Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
Several firms have filed applications for spot ether ETFs, including BlackRock.
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law
Further review and consideration regarding crypto ETFs is planned, the regulator says.