The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline
Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, co-founder of Swarm Markets.
Posts published on September 18, 2024 go to media archive 3/5
“PickleBit”: Proof of Workforce, Fold, and Pickle Pop Partner on Pickleball Tournament, Offer Bitcoin Prize Pool
The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners.The…
River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve
River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency standard for the industry after recent failures of…
Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of those surveyed said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC, the bank's survey showed.
ICP-Based Bitcoin Token 'ckBTC' Will Bridge to Cosmos Through Osmosis
Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos.
Bitcoin's Rise Over $61K Could Signal Local Top, Binance Volume Indicates
Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.
CoinDesk 20 Performance Update: UNI Drops 4.7%, Leading Index Lower
All but two assets were trading lower as the index dropped 1.6%
Bitcoin ETFs Boosted by $186.76M; Grayscale’s Ether Fund Struggles
On Tuesday, 12 bitcoin exchange-traded funds (ETFs) pulled in a hefty $186.76 million in inflows, while nine ether ETFs saw yet another round of outflows. The primary source of the ether losses? Grayscale’s ETHE, which has experienced a $2.75…
Chainlink Signals Deeper Losses: Can Bulls Stage A Comeback?
Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the…
What Solana’s critics get right… and what they get wrong
Is Solana printing too many tokens? Separating myths from facts about bots and subsidies.
Crypto and iGaming: The Next Big Thing in Affiliate Marketing with AffPapa
Cryptocurrency and iGaming are creating some exciting opportunities for affiliates, so whether you are already there or just contemplating getting into these skyrocketing sectors, there’s no denying that crypto is shaking things up in iGaming, and…
Ex-Coinbase execs to launch exchange using PayPal stablecoin for settlement
Founders who used to work at Coinbase, Circle and Goldman Sachs teamed up to create an exchange that will use PayPal USD as its main settlement currency.
Hemi Labs Raises $15M to Launch Modular Blockchain in Round Led by Binance Labs
The Hemi testnet is now live, with a mainnet launch planned for the fourth quarter.
The (Zero-Knowledge Proof) Singularity Is Near
This month may well be remembered as an inflection point in the acceleration toward real-time proving of transaction validity for blockchains.
Infinex NFTs top $40M sales in first four days, despite NFT bear market
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
Ethereum fractal hints at $3.3K as analyst says its 'go time' for ETH price
Ethereum’s bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024.
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the…
First Mover Americas: Bitcoin Price Drops Below $60K Ahead of Expected Fed Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitget and Foresight Ventures invest $30M in TON blockchain
With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans.
Shiba Inu Eyes Explosive 430% Climb As Momentum Builds —Analyst
Analysts have taken notice of Shiba Inu (SHIB) recently, which sees an unusual strength even when the greater crypto market gets into chaos. Optimism for the massive upswing in price came after a recent breakout from a falling wedge pattern. This…
Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX
TrueX says it caters to rising client demand for truly secure segregation between execution and custody.
Borderless Capital Introduces $100M DePIN Fund Backed by Peaq, Solana Foundation
DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.
Fintech Giant Revolut Said to Be Planning Stablecoin
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.
Memecoins, P2P and TON drove 1,614% user growth in Africa — Bitget
Bitget CEO Gracy Chen said that as millions of Africans use Telegram, the rise of TON contributed to Bitget's user growth in the region.
AI faces ‘Immense’ risks without blockchain: 0G Labs CEO
Michael Heinrich warns against centralized AI systems evolving without human input, advocating for blockchain-based decentralized governance to ensure transparency.
Microsoft, G42 Open 2 AI Centers in Abu Dhabi
Microsoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and the Global South. They will identify best practices, support AI projects…
Bitget, Foresight Ventures Buy $30M TON Tokens From Whales
Deal was with a number of TON whales directly, and not a fundraising round with the TON Foundation
Ethereum Devs Poised to Split Blockchain's Next Big Upgrade, 'Pectra,' in Two
On Thursday, Ethereum developers will decide if Pectra will be split into two forks. If developers agree on the split, the first package could come in 2025, as early as February.
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters.
Can Berachain’s new token challenge Solana and Ether dominance?
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.