EigenLayer’s EIGEN cracks top 100 market rank in trading debut
EigenLayer’s native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5 billion fully diluted value.
Posts published on October 1, 2024 go to media archive 2/4
Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September
Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday. Although it fell short of its all-time peak of $73,700 in March, the strong…
Crypto Winter-Era Seed Startups Mostly Persist Despite Tumult and Crisis
But fundraising difficulties and product-market-fit issues may imperil their future, according to a report from Lattice VC.
Is This the Best Meme Coin to Buy? Newly Launched Flockerz Off to Strong Start in Presale
Meme coin traders are getting hyped as Flockerz (FLOCK) enters the scene. This Vote-to-Earn project is gaining momentum fast – already pulling in over $330,000 in presale. Flockerz Focuses on Community with Unique DAO Model So, what is…
Hamster Kombat tappers evolve with Swipe-to-Earn + Axie Pals Tamagotchis: Web3 Gamer
Hamster Kombat is “lighthearted and fun” but tap-to-earn gameplay is evolving; gamers playing 80-hrs a week to win a $100K prize: Web3 Gamer.
Bitcoin Tumbles to $61K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Stop panicking about Wrapped Bitcoin — Mint Coinbase’s cbBTC instead
Concerns about wBTC’s planned custody shakeup are overblown. For added safety, cbBTC is the best alternative.
WIF Bulls In Control As RSI Signals Strong Upside Potential
WIF is showing impressive strength as bullish momentum takes control, with the Relative Strength Index (RSI) pointing to even greater upside potential. The current RSI reading suggests that buying pressure remains strong, fueling optimism for…
Dormant Bitcoin Wallets Moved $257M in Vintage BTC in September
With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin…
How the Crypto Retail Market Has Changed
Retail investors may not be as plentiful in the current cycle, but they've become increasingly sophisticated, says CoinDesk analyst James Van Straten.
Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410K
Approximately 200,000 bitcoin have been transferred to OTC desks in the past five months.
Kamala Harris knows crypto voters are up for grabs: New polls confirm
New polling suggests crypto voters could have a meaningful impact on the outcome of the election, and they're still divided on who to vote for.
Binance ‘fully available’ in Argentina after VASP registration
Binance becomes fully operational in Argentina after securing registration with the country’s securities regulator.
3 signs that Bitcoin’s Q3 close was bullish
Bitcoin may not be embracing "Uptober" with a bang, but there are plenty of reasons to be bullish on BTC price performance.
CoinDesk 20 Performance Update: APT Gains 5%, With Most Index Constituents Rising
Uniswap was also a top performer, gaining 2.9%.
Europe gathers global experts to draft ‘Code of Practice’ for AI
The EU is bringing together top global experts to draft the first “Code of Practice” for general-purpose AI models, setting new standards for transparency and risk management under its AI Act.
'Is Daddy on the Airplane?' Jailed Binance Exec Gambaryan Family’s Ordeal in New Podcast
“Is Daddy on the airplane?” my son asked. Yuki Gambaryan, the wife of Binance executive Tigran Gambaryan, who is jailed in Nigeria tells of her family’s ordeal in a new podcast, “Designated.”
Digital Collectibles Market Struggles as September NFT Sales Slide by 47.9%
Over the last two weeks, non-fungible token (NFT) sales have enjoyed steady week-over-week increases. However, when we compare the numbers from September to August, the story takes a different turn. Data from Cryptoslam.io reveals that September…
Gemini’s exit from Canada: What’s driving crypto exchanges out?
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins.
How DAO Crowdfunding Could Revolutionize Sports
Crowdsourced strategies can introduce a diversity of perspectives, leading to more innovative and adaptable game plans, writes a high school senior and sports fanatic.
Crypto Researcher Reveals Why XRP Price Reaching $1,000 Is Not A Pipe Dream
The XRP price has struggled for the last three years, staying down even when Bitcoin and other altcoins rallied to possible new all-time highs. However, even through this, the XRP community has remained steadfast in their belief that the altcoin’s…
Astra Nova Partners with Hawk Gaming Group: Saudi Arabian Endorsement and Global Alliances Drive Innovation Forward
Astra Nova, a leading web3 gaming project, is proud to announce a significant partnership with Hawk Gaming Group, a Saudi company that assists international companies entering the kingdom by providing market entry strategies, cultural adaptation…
Bank of England and FCA launch Digital Securities Sandbox
The regulatory sandbox aims to strengthen the United Kingdom’s position as a global financial hub.
Bitcoin ETFs Surge Ahead With $61.3M Inflows, Ethereum ETFs Struggle
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session…
First Mover Americas: BTC Is Little Changed Following Muted Asia Trading
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
European Blockchain Sandbox onboards 41 regulators in second cohort
The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration.
Bitcoin Price Could Skyrocket To $118,000 By Year-End: Here’s Why
In an analysis shared on X, Kelly Greer, Vice President of Trading at Galaxy Digital, presents a compelling argument for why the Bitcoin price could surge to as high as $118,000 by the end of the year. Greer’s insights are grounded in a…
Bitcoin Mining Profitability Fell for Third Straight Month in September: JPMorgan
Daily block reward gross profit fell to the lowest "on recent record" last month, the report said.
Börse Stuttgart, ECB cut settlement time in blockchain test
Börse Stuttgart Group’s blockchain test, in collaboration with the European Central Bank, aims to revolutionize securities transactions by reducing settlement times to minutes.
Crypto Billionaire Flees London Over Offshore Tax Concerns
Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy…