Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
[Aug 9, 2024 4:53 PM] The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
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City of Santa Monica Bitcoin Office to Host Open-Source Bitcoin Festival In October
[Aug 9, 2024 4:02 PM] The City of Santa Monica's Bitcoin Office has announced a one-day Bitcoin open-source festival scheduled for October 18th, with the date subject to change. The event, held in partnership with the Proof of Workforce Foundation, aims to provide…
CoinDesk 20 Performance Update: XRP's 7.8% Decline Weighs on Index
[Aug 9, 2024 1:30 PM] APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses.
Bitcoin's 12% Price Rally on Thursday Was the Biggest Since February 2022
[Aug 9, 2024 12:13 PM] Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns.
First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
[Aug 9, 2024 12:06 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Spot Bitcoin ETFs Saw Largest Inflows in Two Weeks
[Aug 9, 2024 9:55 AM] Bitcoin spot ETFs recorded their largest inflows in over two weeks on Thursday, totalling $192.5 million. This comes after Bitcoin dipped below $50,000 earlier this week amid a global market selloff.NEW: 
#Bitcoin ETFs saw $192 million in…
#Bitcoin ETFs saw $192 million in… Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
[Aug 9, 2024 8:38 AM] XRP's order book on U.S. exchanges is 30% more liquid than offshore platforms.
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
[Aug 9, 2024 5:49 AM] “Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
[Aug 9, 2024 4:57 AM] Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
[Aug 8, 2024 9:36 PM] Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim.
Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
[Aug 8, 2024 8:11 PM] The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
[Aug 8, 2024 7:55 PM] OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.
Jay-Z and Jack Dorsey-Backed Bitcoin Non-Profit ₿trust Appoints Bitcoin Core Developer As Interim CEO
[Aug 8, 2024 7:13 PM] ₿trust, a non-profit focused on training and funding developers from The Global South for Bitcoin open-source development, recently announced Bitcoin Core contributor and one of its board members, Abubakar Nur Khalil, as Interim CEO.1/ 
Exciting…
Exciting… Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
[Aug 8, 2024 5:33 PM] While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours
[Aug 8, 2024 5:30 PM] Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value…
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
[Aug 8, 2024 5:19 PM] Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients
[Aug 8, 2024 5:03 PM] Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients.
Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets
[Aug 8, 2024 3:30 PM] Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long-term holder addresses…
Do Kwon’s Extradition from Montenegro Postponed Yet Again
[Aug 8, 2024 3:08 PM] Do Kwon’s extradition from Montenegro has been delayed yet again.
Putin Signs Law Legalizing Cryptocurrency Mining in Russia
[Aug 8, 2024 2:49 PM] Russian President Vladimir Putin has officially signed a law that legalizes cryptocurrency mining in Russia. According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency mining, mining…
Polymarket Bets Predict a Nail-Biter: Trump and Harris Dead Even in 2024 Race
[Aug 8, 2024 2:10 PM] According to prediction market Polymarket, former President Donald Trump and current Vice President Kamala Harris are now evenly matched in the 2024 election race. Initially, Trump led Harris following the announcement by President Joe Biden that…
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
[Aug 8, 2024 2:00 PM] The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin.
CoinDesk 20 Performance Update: Index Rallies 7.1%, Led by XRP's 17.5% Gains
[Aug 8, 2024 1:36 PM] Ripple soared 17.5% while Solana climbed 8.9%, leading the index higher.
Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
[Aug 8, 2024 1:00 PM] Algoz will use Zodia's Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency.
NEAR Pushes 'Signatures' on Mainnet, in Growing Trend of Chain Abstraction
[Aug 8, 2024 1:00 PM] The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges.
Franklin Templeton's Tokenized Money Market Fund Expands to Arbitrum
[Aug 8, 2024 1:00 PM] The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon.
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
[Aug 8, 2024 1:00 PM] A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
First Mover Americas: Crypto Prices Little Changed, XRP Surges
[Aug 8, 2024 12:02 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
[Aug 8, 2024 11:23 AM] A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield.