Tether is ‘best friend’ of US, says CEO Paolo Ardoino
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
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Coinbase to Delist Unauthorized Stablecoins in EU by December
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.
Unspent transaction outputs distort BTC fungibility — Litecoin founder
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.
Bitcoin gets US employment boost as BTC price eyes $300M ask liquidity
BTC price gains allow Bitcoin bulls to zero in on $300 million in ask liquidity located above $62,000.
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin…
RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return
Hackers got away with $440M in 28 exploits in Q3: Report
The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.
Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively
The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs…
CoinDesk 20 Performance Update: APT Jumps 6.9% as the Index Rallies
Render joined Aptos as a top performer, gaining 6.3%.
Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.
Web3 game asset ownership is worthless without interoperability
There’s no point in owning game assets if you can’t use them on other platforms.
Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
Dogizen, the First-Ever Telegram ICO, Lands Today: Will it Surpass Catizen?
Dogizen launches its presale today, 4th October, at 8am UTC, bringing a brand new token—DOGIZ—to the viral Telegram gaming sector. The new upstart challenges the niche’s current leaders, namely Catizen and Hamster Kombat, for primacy in what is…
Coinbase to delist noncompliant stablecoins under EU MiCA rules
Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.
Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important
Crypto analyst Ali Martinez has suggested that the Bitcoin crash might not be over despite the relief rally to $61,000. The analyst highlighted the $60,365 price level as being important to avoid a potential crash to as low as $57,000. Bitcoin…
Vietnam police bust crypto scam ring linked to offshore actors
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.
First Mover Americas: Bitcoin Bounces From $60K
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum inflation rises, threatens ‘ultrasound money’ status: Report
Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report.
From $37B to $24.5B: DAO Treasuries Experience Significant Downturn
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its…
XRP’s ETF hopes after SEC appeal depend on US election: Analysts
XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF.
Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
XRP Crashes 14% As Whales Send Deposits To Exchanges
The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish…
Brazil tests DeFi elements, compatibility in Drex CBDC pilot
Brazil’s central bank is developing a synthetic central bank digital currency that blends decentralization, privacy and programmability.
Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette
Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs’ acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization. Aptos To Expand Its…
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses…
Bitcoin ETFs Register Net Outflows for Third Straight Day
Bitcoin and ether outflows from ETFs contribute to this week's weak crypto price action.
Bitcoin analysis sees BTC price gains on Coinbase premium golden cross
Bitcoin demand in the US is "strong," but can the Coinbase premium save BTC price action from further downside?
Polymarket Bettors Say HBO Documentary Will Name Len Sassaman as Satoshi Nakamoto
But bettors are also confident that this won't be the smoking gun
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.