CoinDesk 20 Performance Update: AVAX and SOL Surge Lead Weekend Advance
AVAX led the CoinDesk 20 with a 14.5% increase in over the weekend trading, while SOL climbed 6.0%
External news feeds 897/2360
$235M WazirX exchange hack has implications for India’s crypto industry
North Korean hackers are suspected to be involved in the $235 million hack of Indian cryptocurrency exchange WazirX.
Mt. Gox prepares for repayments on Bitstamp, executes test transactions
Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?
Paraguay miners urge state electricity board to reconsider upcoming price hike
Capamad spokesperson Jimmy Kim claims that the electricity price increase set for Aug. 1 may force 70% of legal crypto miners out of business.
Real Bedford FC boosts Bitcoin stash with $4.5M acquisition
Real Bedford FC expands its Bitcoin holdings with a strategic purchase of 66.9 BTC at an average price of approximately $67,220 per Bitcoin, reinforcing its commitment to cryptocurrency.
Infinity Hash: Innovating Passive Income With Bitcoin Mining
Bitcoin Mining Today: Challenges and Investment Choices Despite renewed interest in Bitcoin mining investments, substantial barriers still limit accessibility for the average person. High electricity costs, combined with capital and knowledge…
Breez Lightning SDK Integrating Support For Liquid Network
The Breez SDK is launching integration of the Liquid Network in addition to their support for the Lightning Network. Breez SDK has been a great success in making integration of Lightning support easier for developers. Used by Relai, Cake Wallet…
NPC Labs Raises $18M to Scale Gaming on Base Network
Round brings total raise to $21 million and includes participation from Makers Fund, Hashed, amongst others.
Crypto community marks 10-year Ethereum ICO anniversary with global events
The Ethereum initial coin offering launched on July 22, 2014, marking the beginning of the blockchain’s journey.
Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It
On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000. While this decline did not…
Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark
The broker raised its price target for the bitcoin miner to $16 from $13 while reiterating its buy rating on the stock.
Ether’s ‘most obvious bullish setup’ is set for H2 2024, says former Wall Street trader
Other analysts also expect a new Ether all-time high after the spot ETFs launch, but the price is struggling to break through the $3,500 mark decisively.
First Mover Americas: Bitcoin Settles Above $67K After Biden Drops Out
The latest price moves in bitcoin (BTC) and crypto markets in context for July 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Solana ETF Hopes, Rising Fundamentals Are Driving SOL Prices Higher, Traders Say
The total value of tokens locked on Solana has increased over 25% in a month, crossing the $5.28 billion mark to levels not seen since April 2022, data tracked by DefiLlama show.
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
On Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion…
Memecoin frenzy intensifies as US election nears
Political memecoins are running rampant ahead of the US 2024 presidential election, reflecting both the excitement and turmoil of the race.
US leads $1.35B weekly surge in digital asset inflows — CoinShares
CoinShares reports an unprecedented inflow into digital asset investment products, signaling growing investor confidence and positive market sentiment.
Payment platform Mercuryo integrates crypto on-ramp with Indonesian banks
Mercuryo integrates crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian Rupiah into 40 digital tokens, including BTC, ETH, and USDT.
Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure…
Slot.org Launches With Bold Plans for Blockchain Integration and Crypto-Themed Games
Slot.org has officially launched, unveiling an ambitious vision to integrate blockchain technology and offer a suite of cryptocurrency-themed slot games. This move aims to redefine the online slot experience by merging cutting-edge technology with…
Bitcoin Price Retraces To $66,736: Can Bulls Stage A Recovery?
Vitalik Buterin Applauds Polymarket’s Predictive Power and Influence
Ethereum co-founder, Vitalik Buterin, has publicly praised the prediction market Polymarket for their impressive performance. He commended the platform not only for accurately predicting outcomes well in advance but also for actively contributing…
HNT Token Beats Bitcoin With 40% Surge as Helium Mobile's Subscriber Count Tops 100K
HNT is the second-best performing token of the past seven days.
Popcat Crosses $1B, Mog Rallies as Solana, Ethereum Beta Bets Gain Favor
POPCAT become the first cat-themed meme coin to hit $1 billion market capitalization, a resolved Polymarket bet shows.
Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan
The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.
India Unlikely to See Crypto Tax Reduction in Tuesday's Budget
India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted.
Singapore commits $74.3M for quantum and AI in finance
MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.
Hong Kong’s Boyaa Interactive Announces Strategic Bitcoin Ecosystem Cooperation, Plans to Purchase $100 Million in BTC
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development…
WazirX hacker consolidates $57M ETH into new wallets
The hacker behind the $230 million WazirX hack has moved another $57 million of the stolen funds, as the exchange is doubling down on its bug bounty efforts.
Asia’s first inverse