Key Metrics Show Crypto Traders Turning to Ether From Bitcoin
Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.
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Bitcoin Inscriptions Divide BTC Community Amid Network Congestion, but Are 'Unstoppable'
As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a 'bug' that will be fixed.
The Most Influential Folks in Crypto Regulations
CoinDesk published its annual Most Influential list (it's not a ranking, except for the top 10 being maybe more influential than the other 40). I wrote a few pieces (I had nothing to do with the art and didn't know about it when I wrote the…
This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back
BTC just hit $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are buying.
Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'
The AEUR-USDT trading pair hit a $3.25 high Tuesday afternoon before Binance suspended trading with the token.
Fresh Money Flows to Crypto as Stablecoin Market Expands After 1.5 Years Downtrend
Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.
The Funniest Anon on Crypto Twitter
Gwart has the ear of DeFi’s elite. What they don’t know is that crypto’s truth-telling, funnyman is secretly a Bitcoiner.
Why Are People Spreading Falsehoods About Bitcoin’s Water Use?
No, despite what you might have heard recently, Bitcoin transactions do not consume a swimming pool of water. Noelle Acheson dives into the fallacy, and points out that poor research is not the only culprit here.
New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
In his first public interview since getting the job last month after founder Changpeng "CZ" Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the…
Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering
The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.
Bitcoin Blasts to $44K on Coinbase, Could Run Towards $48K Resistance: LMAX Analyst
The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices.
IBM Introduces New Cold Storage Tech for Crypto Assets
The new Offline Signing Orchestrator tech is being used by IBM’s long standing partner in the crypto space, Ripple-owned custody firm Metaco.
Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too
The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.
House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.
BlackRock, Bitwise File Updated Applications for Spot Bitcoin ETF
Asset manager BlackRock and crypto investment firm Bitwise both filed amended S1 forms with the Securities and Exchange Commission (SEC) on Monday, answering further questions likely asked by the regulator in earlier conversations.
Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson
Johnson clarified that the agency sued the crypto exchange because it "simply failed to comply with regulation."
Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut
The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed.
Pyth Oracle Network Brings Industry Heavyweights Into Governance Post-Airdrop
The low-latency oracle network's new "strategic partners" include Castle Island Ventures, Multicoin Capital and Wintermute Ventures. They could play a major role in shaping how the platform evolves.
Flowdesk Picked by Forge to Become Marker Marker for Euro-Based Stablecoin
EURCV isn't the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution.
First Mover Americas: BlackRock Received $100K Seed Funding for Its Spot BTC ETF
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says
The regulator has brought enforcement actions against Coinbase and Robinhood.
U.S. Crypto Lobbying on Course for Record Spend This Year
Crypto companies spent almost $19 million on lobbying by the end of the third quarter compared with $16 million in the same period last year.
DeFi Market Rebounds to $50B as Speculators Hunt for Yield
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.
Coinbase's Rally Still Has Legs, Chart Analyst Says
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.
Early Ether Investor Moves Nearly $90M ETH to Kraken
Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.
BlackRock Received $100K Seed Funding for Spot Bitcoin ETF
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T
Bitcoin hit a fresh yearly high of $42,000, pushing the market capitalization of all cryptocurrencies over $1.5 trillion for the first since May 2022.
Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen's Green Bonds on Ethereum
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.