BTC price taps $58K as vital Bitcoin bull market trendline reemerges
Bitcoin shrugs off the latest round of German government onchain transactions, but BTC price resistance trendlines stay out of reach.
Posts published on July 9, 2024 go to media archive 3/4
Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress
Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.
Sentencing for ex-FTX execs set for October, November
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year.
Move Over Hollywood: Why Gaming Is the New King of Entertainment
To stay relevant in this dynamic environment, the entertainment industry must integrate emerging technologies like blockchain, or be satisfied with increasingly reduced engagement, says Yemel Jardi, co-founder of Decentraland.
Bonk Price Surges as New Meme Coin PlayDoge Hits $5.5M Milestone in ICO
Looks like the meme coin party isn’t over just yet. Solana-based token Bonk (BONK) is leading the comeback with a sharp rally in the past 24 hours. Meanwhile, a new project called PlayDoge (PLAY) is turning heads with its own success…
TON Blockchain Will Release New Layer-2 Based On Polygon’s Technology
The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer.
Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year
Former FTX Director of Engineering Nishad Singh and former Chief Technology Officer Gary Wang are set to be sentenced this fall in the ongoing criminal case against what was once a global crypto exchange before it collapsed in historic fashion near…
US Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows…
Earn Bitcoin for eating tickets, Immutable says ‘big studios are showing up’ — Web3 Gamer
Immutable co-founder Robbie Ferguson says the Web3 ecosystem is at a “critical inflection point,” and Notcoin’s price jumps 17% as other gaming tokens tumble.
If History Repeats, Bitcoin Price Could Crash 33% Again: Here’s Why
The Bitcoin price is already down more than -22% since the mid-March high over $73,000. While BTC is currently stabilizing above $57,000 following the recent price crash, there could be even more downside ahead if history repeats, according to…
CoinDesk 20 Performance Update: ICP and ETH Lead Gains as Index Climbs 1.9%
All 20 assets within the CoinDesk 20 are trading higher today.
Meet Maya Parbhoe: The Pro-Bitcoin Presidential Candidate Who Wants to Save Suriname
On September 4, 2001, Winod Parbhoe was murdered in cold blood.The entrepreneur, who was the founder of the Suriname Palace Casino, an establishment he co-owned with CCA Companies Incorporated (Conserver Corporation of America), was shot two times…
Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK “a global leader in tokenization.”
Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK “a global leader in tokenization.”
DePIN 2.0: What the Next Generation of DePINs Is Doing Differently
The “second-mover advantage” phenomenon is playing out in real-time in the DePIN sector.
Crypto Rankings Shift Over Year: New Entrants and Price Surges
Every few months, the rankings of the top ten crypto assets shift, and a year ago, the leading digital currencies were different from today. Some assets have moved to new positions, new entrants have emerged, and some have dropped out of the top…
China leads the world in gen AI adoption but falls behind in full implementation
A recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader in fully implementing the technology.
Mpeppe (MPEPE) Shakes Up Meme Coin Market Attracting New Cryptocurrency Investors
The meme coin market continues to capture the imagination of cryptocurrency enthusiasts worldwide, with two standout tokens at the center of attention: Mpeppe (MPEPE) and Bonk (BONK). Mpeppe (MPEPE) is making significant waves with its innovative…
Why Crypto Donations Are Surging in 2024
After a decade of tax incentives and transparency attracting philanthropists to crypto, Web3 innovation is adding fuel to the fire.
Worldcoin invites devs to build ahead of mainnet launch in 2024
With the World Chain developer preview, devs can deploy infrastructure on a “gated mainnet,” as World Chain is skipping a testnet.
Sam Altman’s Layer-2 Blockchain Project, World Chain, Opens to Developers
This means that select developers can apply to build, test, and give feedback to Tools For Humanity, the developer firm behind Worldcoin, according to a press release shared with CoinDesk.
Senator Marsha Blackburn Now Accepts Bitcoin And Crypto Donations
U.S. Senator Marsha Blackburn (R-TN) has announced, in a press release sent to Bitcoin Magazine, that her re-election campaign now accepts cryptocurrency donations. This move comes as Blackburn's campaign recently launched a page dedicated to…
Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges
The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.
German Triggers Bitcoin Crash With Rapid Selling: Here’s How Much BTC They Have Left
The price of Bitcoin has crashed again as the German government continues its BTC selling spree. The government has already sold millions of dollars worth of Bitcoin, putting immense pressure on the pioneer cryptocurrency amidst broader market…
Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed
Valdi allows customers to use available GPU compute cycles in data centers across the world.
Crypto adoption in Argentina soars amid 276% inflation spike
Argentina has emerged as the top market by numbers of visitors on Binance, one of the world’s largest crypto exchanges.
Paxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison
A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the…
First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
The latest price moves in bitcoin (BTC) and crypto markets in context for July 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Wallet Provider Exodus Aims to Solve Web3's User-Friendly Issue With 'Passkeys Wallet'
The new wallet is able to bypass need for seed phrases, browser extensions or email verifications to use decentralized apps.