Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report
In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial…
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to…
Dogecoin Miners In Accumulation Mode, But Is This Really Bullish?
On-chain data shows the Dogecoin miners have been accumulating recently. Here’s what this could mean for the memecoin, based on past pattern. Dogecoin Miner Supply Has Been Going Up For A While Now In a new insight post, the on-chain…
The Protocol: How Winklevii Taught Dad BTC, Wild Flight to Singapore
Forget the Federal Reserve. The Bitcoin and crypto project news flow is ample (and fascinating) enough to keep us busy. We've got the rundown plus $80M of fundraisings. In CoinDesk's weekly newsletter on blockchain tech.
NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles
Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both…
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.
Inside the Pig Butchering Scam: Real Stories from Victims
The latest Cointelegraph video discusses one of the most dangerous crypto scams, 'Pig Butchering,' where victims are lured into fake investment schemes.
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened…
Borderless Capital announces $100M for third DePIN fund
Borderless’ third fund targeting DePIN projects is backed by Peaq, the Solana Foundation, Jump Crypto and IoTeX. The DePIN market is expected to reach $3.5 trillion by 2028.
Nervos (CKB) Stuns Crypto Market With 120% Rally—Is This Growth Sustainable?
As of September 18, the broader crypto market has risen a percent as major cryptocurrencies like Bitcoin and Ethereum featured their return to pre-September levels. This bullishness bled to the altcoin market, prompting many tokens to follow the…
CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms
Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious…
Fair AI: Why Everyone Should Profit From the AI Boom
Google, OpenAI, Microsoft, Meta, and Nvidia currently dominate AI development, including the data that drives it. Blockchain and crypto tech can compensate users, making for more equitable AI networks, says Calanthia Mei, Co-Founder of Masa.
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The…
Partner of ex-FTX exec pleads not guilty to campaign finance charges
Michelle Bond was free on a $1-million bond and restricted from traveling outside the continental US, while her partner, Ryan Salame, is expected to report to prison on Oct. 11.
Bridging the Skills Gap: Preparing the Workforce for a Web3 Future
Companies have invested so much on education with a focus on trading, but have not turned their attention to the portion of the workforce that remains unfamiliar with the technology that will be responsible for creating, facilitating, communicating…
Layer-2 Meme Coin Pepe Unchained Hits $13.5M in Presale, Analyst Says it’s the Next Crypto to Explode
Pepe Unchained (PEPU) has quickly become the crypto community’s latest focus, with its presale passing the $13.5 million mark. This meme-themed Layer-2 coin combines Pepe branding with advanced blockchain tech. And one expert believes it…
Fantom To $2: Here’s What’s Driving The FTM Price Recovery
Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom’s fundamentals, which have sparked a positive sentiment among investors. What…
Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal…
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