Bitcoin Breaks $30K Amid TradFi Push Into Crypto
The world's largest cryptocurrency by market value, bitcoin, has not reached levels above $30,000 since April.
Posts published on June 21, 2023 go to media archive 3/4
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.
Starknet Foundation Appoints Meta Veteran Oliva as First CEO
The executive will help the non-profit promote growth within the Starknet ecosystem.
Polygon Introduces AI Interface Powered by ChatGPT to Aid App Developers
The interface, called Polygon Copilot, will help developers obtain analytics and insights for their applications on the Polygon blockchain.
Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins
Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.
Struct Finance Rolls Out Customizable Interest Rate Product for DeFi Users
The product will allow for traders to invest with both low and high risk appetites.
MATIC Price Gains Momentum, But Bulls Face Uncertainty Without Breaking Vital Resistance
The price of MATIC has experienced an increase in recent trading sessions, surpassing its important support level. In the past 24 hours, the MATIC price has risen by approximately 6%. However, when considering the weekly chart, the altcoin has not…
Bitcoin Custody Firm Casa Rolls out Ethereum Support
Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts.
Ledger releases white paper for hardware wallet seed recovery tool
Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023.
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China’s commitment to procure liquefied natural gas…
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
Singapore MAS proposes digital money standards with major industry players
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.
Binance Labs, CoinFund Lead $10M Round for Smart Contract Infrastructure Firm Neutron
The startup provides smart contract infrastructure for the Cosmos ecosystem.
CleanSpark Acquires Two Bitcoin Mining Campuses, Allowing For Expansion Of Hash Rate And Mining Capacity
CleanSpark Inc., a prominent Bitcoin mining company, has announced its plans to acquire two turnkey bitcoin mining campuses in Dalton, Georgia, for $9.3 million in an all-cash deal. The facilities are expected to contribute nearly 1 exahash per…
Binance Will Expand Zero-Fee Trading on TrueUSD after Minting $1B of TUSD
Binance crypto wallets hold some 90% of TUSD’s $3.1 billion market cap, according to blockchain data by Arkham Intelligence.
Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant
“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph.
Bitcoin 2023 in Miami comes to grips with ‘shitcoins on Bitcoin’
Shitcoins and NFTs invaded Bitcoin 2023, but most attendees didn’t seem to mind. Can Ordinals usher in a new era of Magic Internet Money?
Binance launches regulated platform in Kazakhstan amid troubles in the West`
Amid growing regulatory uncertainty in the West several crypto platforms have shifted their focus toward the Asia Pacific region.
US Bitcoin Investor Trading Volume Rises, Stage Set For Another Massive Rally?
The crypto market has been thrown into a euphoric state over the last 24 hours as the price of Bitcoin has surged once more. In its latest run, the digital asset was able to retest the $29,000 resistance before being rejected but continues to hold…
Bitcoin hits $28,000 after BlackRock files for BTC ETF
On this week’s episode of The Market Report, Cointelegraph looks at the probable causes of recent Bitcoin price action, and its market dominance reaching 50% of the total crypto market cap.
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark's hashrate.
Galaxy-Backed Investment Platform Truvius Taps CoinDesk Indices for Digital Asset Portfolios
The sectors Truvius will offer on its platform include currency, DeFi, smart contracts, and others based on CDI's Digital Asset Classification Standard.
Crypto Exchange BIT Unveils Options Market for Cardano's ADA Token
BIT's unified margin system allows ADA holders to trade options at a discount.
Bitcoin Crosses $29K for First Time in Over a Month
The world’s largest cryptocurrency has rallied over 8% in the last 24-hours on the back of various traditional finance players jumping into crypto.
Binance SEC lawsuit could dent crypto exchange’s global plans
The U.S. SEC is issuing a spate of regulatory actions against major exchanges, including the world’s largest digital asset exchange, Binance.
Bitcoin, Ethereum Technical Analysis: BTC Bulls Recover SEC Related Losses, as Price Moves Near $29,000
Bitcoin rallied to a six-week high on Wednesday, as price moved to the cusp of a breakout above the $29,000 level. Today’s surge sees bulls recover almost all of the losses that came after the Security and Exchange Commission (SEC) sued…
First Mover Americas: Bitcoin Rallies as TradFi Players Jump Into Crypto
The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
US Senator Chuck Schumer calls for ‘comprehensive’ AI legislation
The U.S. Senate leader plans to call for urgent bipartisan action from Congress to create “comprehensive legislation” for upcoming AI systems.
Nansen Forecast For Bitcoin Bull Run: Regulatory Clarity And Lower Inflation
The dynamics of the crypto market never cease to enthrall, with bullish rallies and bearish downturns coloring the landscape. Yet, deciphering the key factors to ignite the next Bitcoin (BTC) bull run is no easy task. However, Nansen, a leading…