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Ether and Uniswap Advance on Regulatory Actions: CoinDesk Indices Market Update

[May 24, 2024 8:08 AM] Bitcoin relinquished early gains above $70,000 to close the week only marginally higher.

Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens

[May 24, 2024 7:00 AM] The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money.

Crypto Exchange OKX Withdraws Hong Kong License Application

[May 24, 2024 6:42 AM] The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.

Spot Bitcoin ETFs See Straight 9 Days of Inflows

[May 24, 2024 6:22 AM] U.S. spot bitcoin ETFs continue their hot streak, recording $107.91 million in inflows on Thursday for their 9th straight day of gains. This marks the longest inflows since mid-March, when the products saw 10 consecutive positive days.The appetite…

First Mover Americas: Crypto Extends Slide Despite SEC Ether ETF Filings Approval

[May 24, 2024 6:04 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 24 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

XRP Declares War On Uncertainty: Analyst Predicts Breakout Fueled By Regulation

[May 24, 2024 3:30 AM] XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators…

Bitcoin, Ether Rally Cools Following U.S. Ether ETF Listing Approval

[May 24, 2024 3:11 AM] One trader said ether’s sell-off on positive news is a typical speculator's "buy the rumours, sell the facts" reaction.

Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness

[May 24, 2024 2:53 AM] Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.

Kabosu, Dog Who Inspired Dogecoin and Shiba Inu, Is No More

[May 24, 2024 12:09 AM] A farewell party for the popular dog will be held on Sunday in a Narita city park.

Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data

[May 23, 2024 9:28 PM] The “Economic Well-Being of U.S. Households in 2023” survey, prepared by the Federal Reserve and executed by Ipsos, has revealed that only 7% of the people polled held or used cryptocurrency in the U.S. The survey, which included 11,400…

Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Triggers $350M Liquidations

[May 23, 2024 4:29 PM] U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.

Ether ETFs Clear Major Hurdle, Though SEC Hasn't Cleared Them for Trading Yet

[May 23, 2024 3:16 PM] The Securities and Exchanges Commission (SEC) on Thursday approved 19b-4 forms filed by issuers looking to launch a spot ether exchange-traded fund (ETF), marking a key step forward in bringing the fund on the market.

SEC Approves Spot Ethereum ETFs

[May 23, 2024 3:09 PM] The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin…

U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC

[May 23, 2024 12:37 PM]

U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record

[May 23, 2024 11:43 AM] The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was…

Protocol Village: Cysic, ZK Hardware Acceleration Project, Raises $12M

[May 23, 2024 11:03 AM] The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see…

Combating Financial Repression With Bitcoin: Human Rights Activists to Gather at The 2024 Oslo Freedom Forum

[May 23, 2024 10:59 AM] The Oslo Freedom Forum (OFF) is set to return to the Norwegian capital June 3-5 for its 16th installment since 2009. The conference series, hosted by the New York-based non-profit Human Rights Foundation (HRF), will bring together humanitarians…

Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison

[May 23, 2024 10:16 AM] According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal…

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

[May 23, 2024 10:00 AM] Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy

[May 23, 2024 10:00 AM] Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

[May 23, 2024 8:36 AM] The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

Gensler Says 'Stay Tuned' on U.S. SEC's Decision on ETH ETF

[May 23, 2024 8:31 AM] U.S. Securities and Exchange Commission Chair Gary Gensler declined on Thursday to preview his agency's decision on ether exchange traded funds (ETFs), though he advised observers to "'stay tuned."

Déjà Vu? Bitcoin Price Eyes Repeat Performance, Could Hit $140,000 By August – Analyst

[May 23, 2024 7:00 AM] Recent bitcoin analysis and predictions from leading experts shed light on the potential trajectory of the top crypto asset’s price in the coming months, with a focus on 2024 and beyond. Market Insights And Price Forecasts For Bitcoin As the…

Crypto Infrastructure Firm Ramp Network Secures Ireland Registration

[May 23, 2024 7:00 AM] It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider.

U.S. Bitcoin ETF Holdings Hit New High of More Than 850K Tokens

[May 23, 2024 6:24 AM] Among ETFs, Grayscale’s GBTC remains the biggest holder of bitcoin with over $20 billion worth of the asset, followed closely by BlackRock’s IBIT at $19.6 billion.

Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024

[May 23, 2024 6:16 AM] Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of…

First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision

[May 23, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein

[May 23, 2024 5:22 AM] Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.

PEPE’s Surge to Top 20 Tokens Turns Early $460 Purchase to $3.4M

[May 23, 2024 5:18 AM] Pepe is valued at just over $6 billion as of Thursday over a year after launch.

Ether Sees Strongest Bull Momentum in 3 Years as ETF Deadline Nears

[May 23, 2024 4:21 AM] Ether's price has jumped 18% in six days in hopes the U.S. SEC would approve a spot ETH exchange-traded fund (ETF).