Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.
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 202/366
The Handover Begins: TradFi Takes Center Stage in Crypto’s Next Phase
Not only are institutions here, but they’re starting to eat the crypto-natives’ lunches. This is a catalyst for further development and innovation in the digital assets space, say Mark Arasaratnam and Ilan Solot at Marex.
The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying
The blockchain indexing protocol released a new roadmap to add features, in one of the project's biggest upgrades since a $50 million fundraising in 2022.
U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud
Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency.
Avail, Data Availability Solution to Rival Celestia, Unveils 'Incentivized Testnet'
The announcement comes as Celestia's recent launch and airdrop has kindled interest in "modular" blockchain projects that can relieve the burden on primary networks like Ethereum.
Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Why Institutional Allocation to Crypto Is on the Rise
Financial insitutions have been slow to get into digital asset markets. But, as regulatory clarity improves, that’s about to change, says Erik Anderson, Global X’s Senior Digital Assets Research Analyst.
Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.
Sol, Memes, BTC: Digital Assets That Currently Outperform the Market
While the overall crypto market remains down from its highs during the bull run of 2021 and 2022, there are several bright spots. Here, according to CoinDesk Indices, are the ones to watch.
Crypto Broker sFOX Offers Commission-Free Blockchain Staking from Regulated Custody
“We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said.
First Mover Americas: Bitcoin Ordinals Protocol Token Jumps 50%
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Coinbase Adds 4 National Security Experts to Its Global Advisory Council
Coinbase has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
What's Next for Sam Bankman-Fried's Legal Case?
The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen.
SHIB, DOGE Top Open Futures Rankings as Bitcoin Rally Spurs Risk-Taking
SHIB and DOGE have seen highest percentage growth in futures open interest since Nov. 1, outshining bitcoin and ether in a sign of increased investor risk appetite in the crypto market.
Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say
Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst.
Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing
The infleuncer formerly known as Bitboy has filed a lawsuit against several executives at his former employer alleging threats and coercion, and is asking for his Lamborghini back.
Bitcoin Ordinals Protocol Token ORDI Rockets 50% on Binance Listing
The Ordinals protocol lets users issue tokens, artwork, text, audio and video on the Bitcoin blockchain.
Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode
The "multi-million dollar" acquisition gives Austria-based Blockpit a footprint in the U.K.
Crypto Traders Are Earning 165% Yields by Staking a Token Named After Elon Musk’s Pet
Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.
Coinbase Ending Support for Bitcoin SV
The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token.
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the…
XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K
Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge.
Sam Bankman-Fried Will Not Be Crypto’s Albatross
FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on.
Indian Police Arrest 8 More in $300M Crypto Scam: Report
As many as 18 people, including four cops, have been arrested so far, while the alleged kingpin, Subhash Sharma, remains at large.
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.