CoinDesk 20 Performance Update: LTC Gains 3%, Leading Index Higher
Bitcoin Cash also joined Litecoin as a top performer, gaining 2.8% since Tuesday.
Posts published on October 16, 2024 go to media archive 3/5
Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’
An analyst has explained how this Bitcoin on-chain indicator has been one of the best in terms of short-term trading during the past month. Bitcoin Short-Term Holder Realized Price Has Proven To Be Reliable Recently In a new post on X, CryptoQuant…
Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses
Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded…
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
EU markets watchdog urges amendments to MiCA crypto regulations
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.
Dogecoin 'god candle' coming? DOGE price jumps 10%
The price of DOGE staged a double-digit rally over the past week as memecoin traders took new positions, expecting more upside.
Bitcoin’s False Dichotomy between SoV and MoE
This post is long overdue. I talk about Bitcoin a lot. In any given week, I’ll have dozens of conversations about bitcoin with various people across different sectors. And like a pendulum oscillating every other year, the narrative of bitcoin not…
TON selects Axelar to link 68 blockchains in Web3 ecosystem
Axelar’s Interchain Amplifier and Mobius Development Stack can bring blockchain interoperability to TON’s ecosystem.
P2P.org touts revenue share as EigenLayer operators vie for restakers
P2P.org aims to retain its lead among EigenLayer validators ahead of the protocol’s expected boost to restaking rewards.
Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High
Bitcoin dominance climbs to 58.91%, the highest level in 3.5 years, last reached in April 2021.
Trump pump? Bitcoin climbs to 2.5-month high as Trump widens lead
Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.
Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target
Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this…
First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Elon Musk and crypto: 6 times ‘Dogecoin’s CEO’ rocked markets
When Musk tweets, the crypto market listens — and often pays the price.
MicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period.
Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20?
Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. Polkadot Breaks…
Italy to raise capital gains tax on Bitcoin from 26% to 42%
Italy plans to raise the withholding tax on Bitcoin capital gains to 42% and remove the 750 million euro minimum revenue requirement for the Digital Services Tax.
Russia Mulls Commodity Trading Centers to Bolster BRICS Economic Sovereignty
Russia has just unveiled a plan to reduce its reliance on the US-dominated global financial system. The plan is seen as a response to crippling Western sanctions. The plan involves setting up mutual centers for trading commodity resources, which…
LBank Unveils Future Compliance Strategy, Accelerating Global Expansion in the Crypto Market
CoinDesk Buys Crypto Data Provider CCData and CryptoCompare
CoinDesk plans to integrate CCData's platform into its existing products
Network State Praxis Secures $525M Financing to Launch New City Meant to Attract Crypto Entrepreneurs and Promote ‘Western Civilization’
Praxis has announced a significant milestone, securing $525 million in financing to establish a new city designed to draw in crypto entrepreneurs and champion the ideals of Western Civilization. With a robust community of over 14,000 members across…
Dogecoin Sees Sharp Decline: Over 106,000 Wallets Abandon The Memecoin
The memecoin landscape has seen dramatic fluctuations throughout the year, with Dogecoin (DOGE) securing its position as the leader in terms of market capitalization. However, DOGE’s recent performance has prompted a wave of investor discontent…
First major step taken toward XRP ETFs: CME director
After the launch of spot Bitcoin and Ether ETFs, investors await the potential debuts of XRP and Solana ETFs, which could significantly impact crypto markets.
Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness
CME Bitcoin Futures Open Interest Hits All-Time High with Third-Largest Five-Day Increase, Following Two Price Surges.
Bitcoin profit-taking nears $74K peak as speculators send Binance $500M
Bitcoin short-term holders waste no time in sending coins to exchanges for mass profit-taking.
Mercy Corps CIO explains how NGOs can integrate blockchain to amplify their efforts
Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how.
What is Neiro, and why is it trending?
Neiro is a cryptocurrency gaining attention for its DeFi capabilities and potential high rewards, driving its recent trend in the market.
How a Crypto 'REIT' Misled Investors With Family Deals and 'Unjustified' Real-Estate Markups
The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.
Hong Kong Police Bust Group Running $46M Crypto Investment Scam Using Deepfakes
A total of 27 people between the ages of 21 and 34 were taken into custody suspected of conspiracy to defraud following a raid on a Hong Kong office.
Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility?
Data shows the Ethereum Open Interest has witnessed some sharp growth recently, a sign that more volatility could be coming for the asset’s price. Ethereum Open Interest Has Now Risen To $9.7 Billion As explained by an analyst in a…