Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance
[Sep 1, 2024 9:45 PM] The highly anticipated upgrade markes the ecosystem's long-planned shift towards decentralized governance.
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Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
[Sep 1, 2024 5:35 PM] The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since…
Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador
[Aug 31, 2024 6:40 PM] President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected…
Ethereum’s Gas Fees Remain Low While Network Turns Inflationary
[Aug 31, 2024 4:10 PM] According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting…
Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling
[Aug 30, 2024 9:28 PM]
800 ETH Transferred: Vitalik Buterin’s Latest Wallet Activity Draws Attention
[Aug 30, 2024 6:41 PM] Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin…
Crypto Holders Disproportionately Favor Trump for U.S. President, New Academic Poll Shows
[Aug 30, 2024 4:45 PM] Former U.S. President Donald Trump’s efforts to court the cryptocurrency industry this election cycle seem to be paying off, according to the results of a new poll from Fairleigh Dickinson University.
Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M
[Aug 30, 2024 4:40 PM] After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday…
Trump Maintains Slight Advantage in Election Odds on Polymarket After Harris Interview
Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement
[Aug 30, 2024 3:54 PM] It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss.
CoinDesk 20 Performance Update: LTC and BCH Lead as Index Gains 0.4%
[Aug 30, 2024 1:51 PM] Litecoin gained 2.4% while Bitcoin Cash rose 2% in overnight trading.
First Mover Americas: BTC Little Changed, on Course to End August Down 8%
[Aug 30, 2024 12:12 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
[Aug 30, 2024 10:53 AM] Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
[Aug 30, 2024 9:17 AM] In 2022, a group of investors alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts.
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
[Aug 30, 2024 7:46 AM] U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
Russia Is About to Try Using Crypto to Get Around Sanctions
[Aug 30, 2024 7:20 AM] Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk.
U.S. House Committee Plans for Heap of Crypto Hearings in September
[Aug 29, 2024 9:48 PM] The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets…
Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal
[Aug 29, 2024 9:38 PM] Ryan Salame, the former FTX executive sentenced to 7.5 years in prison in May, has withdrawn a legal request to a New York court asking that the conditions of his plea deal with prosecutors be enforced or that his plea be thrown out and his…
Solo Bitcoin Miner Earns $199,098 After Successfully Mining Block
[Aug 29, 2024 9:15 PM] A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to…
Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses
[Aug 29, 2024 7:17 PM]
Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says
[Aug 29, 2024 7:08 PM] World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.
Trump Keeps Teasing His New Crypto Project, but Details Remain Scant
[Aug 29, 2024 4:34 PM] The Trump family has for weeks loudly – but coyly – said they're getting into crypto. More information might finally be coming soon.
El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags
[Aug 29, 2024 4:27 PM] El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME.
Trump Set to Share Bold Vision: Turning the US Into the ‘Crypto Capital of the Planet’
Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff
[Aug 29, 2024 3:00 PM] Company officials told CoinDesk this was its biggest acquisition to date, bringing on 42 developers and engineers from the Bware team and increasing Alchemy's headcount to 210.
Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak
[Aug 29, 2024 2:30 PM] On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot Bitcoin ETFs Face $105M Outflow…
Australian Spot Bitcoin ETF Keeps on Buying
[Aug 29, 2024 1:37 PM] Australia's two spot Bitcoin ETFs—the VanEck Bitcoin ETF and Monochrome's IBTC—have steadily accumulated Bitcoin holdings since launching earlier this year. The sustained inflows highlight growing Bitcoin demand in the region.The VanEck Bitcoin ETF…
CoinDesk 20 Performance Update: UNI and ICP Lead Gains as Index Climbs 1.1%
[Aug 29, 2024 1:29 PM] Uniswap gained 3.4% and Internet Computer rose 2.8% in overnight trading.
Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables
[Aug 29, 2024 1:01 PM] Genesis Digital Assets (GDA), one of the world's largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two scaling highlights GDA's commitment to Texas as a…
First Mover Americas: BTC Regains $60K Following Slide This Week
[Aug 29, 2024 12:23 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.