A Wall Street (Crypto) Analyst’s Take on ChainLink: Crypto Long & Short
If the LINK token were a stock, here’s what an analyst might say.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Pacific Island Group of Palau Starts Stablecoin Trial on XRP Ledger
The country has been distributing PSC (Palau stablecoin) for three weeks and the test will run through August.
Once a Pioneer, Cosmos Blockchain Project Faces 'Existential' Crisis
After the collapse of Terra, and with new competition on Ethereum, a network built for interoperability may be at risk of becoming obsolete.
Canada Unveils New Bank Capital Rules for Crypto Holdings
New rules for banks and insurers are based on international norms, regulators said
Bitcoin Miners Buy Up Rigs as Prices Near All-Time Lows
Despite mining’s doldrums, miners are prioritizing the inclusion of next-generation mining rigs in their operations to prepare for the next Bitcoin halving.
Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.
Bitcoin Mining Machine Efficiency Doubled in Five Years
A recent report by Coin Metrics has news for fans of energy efficiency: ASIC miners overall are reducing their energy consumption per coin produced. But which are the most efficient? For Mining Week, CoinDesk dug deeper to determine which of 11…
It’s Time for Miners to Stop With the Gimmicks
Publicly-traded miners are prone to pursue marketing stunts as a way to raise their stock prices. Press releases about AI and HPC initiatives are the latest examples. This op-ed is part of CoinDesk's Mining Week.
Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield
Decentralized finance platform Credix opens a trade receivables lending pool with Solana Foundation among investors.
Crypto Robo-Advisor Hedgehog Partners With CoinDesk Indices on Automated Investing Services
The SEC-registered robo-adviser will offer several crypto sector investment solutions, in addition an offering that follows all of the sectors tracked by CDI.
DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
The decentralized finance (DeFi) sector has endured a turbulent month, as transaction volume plummeting alongside a series of hacks and exploits.
First Mover Americas: Dogecoin Takes Center Stage
The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Craig Wright’s ‘Lies and Deception’ Justify Minimal Damages Claim, UK Judges Say
Wright says he is the true identity of Bitcoin founder Satoshi Nakamoto, and took a libel case against crypto podcaster Peter McCormack
Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion
A month ago, the company added the Brazilian real and other Latin American currencies to its portfolio.
Binance Withdraws German Crypto License Application
The move follows reports had been rejected by financial regulators, and a pullback from markets including Austria, Belgium and the Netherlands
Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts
A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.
Binance to Reenter Japan in August 2 Years After Regulator's Warning
Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.
Bitcoin Whale Moves $37M BTC After 11 Years of Dormancy
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank
For many citizens, the central bank digital currency isn't easy to use.
Craig Wright Must Pay $516K to Pursue Case Against Kraken, Coinbase: UK Judge
Wright claims he’s Bitcoin White Paper author Satoshi Nakamoto and holds intellectual property rights on numerous cryptocurrencies
Singapore High Court Declares Crypto as Property in Case Involving Bybit
The ruling held that a crypto asset is a “thing in action” enforceable via court orders.
Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M
DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.
First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO
PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."
Bitcoin Stuck Below $30K Before Likely Fed Rate Hike, While DOGE Spikes 7%
Except for the popular meme coin, which was recently up more than 10%, the largest cryptos by market cap were largely unchanged over the past 24 hours as investors awaited a likely 25 basis point increase from the U.S. central bank.
Mashinsky's Arrest, Ripple Ruling, Etc.
I was on vacation for the last week-and-a-half but before I left, I sent a list of things to watch for to my colleagues that in hindsight, was wholly inadequate. Anyway, here's my effort to catch up.
Bitcoin Mining Has a Superpower
It's the blockchain's electricity consumption patterns, Texas Blockchain Council President Lee Bratcher writes.
Is It Finally Time to ‘X-it’ Twitter For Threads?
Threads hopes to swoop in and capture Web3 users that are looking for social media alternatives. But does the app have what crypto natives are looking for?
From Vintage to MNTGE: Digital Fashion Brand to Release NFT Patches Linked to IRL Rewards
The patches were designed by 11 artists, including Jen Stark, Nyan Cat creator Christopher Torres and Bored Ape Yacht Club artist Seneca, and are embedded with NFC chips.