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Stablecoin USDC Is Making a Comeback: Coinbase

[Feb 27, 2024 5:22 AM] Total market cap of the dollar-linked coin has increased faster than larger rival USDT's in recent months.

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again

[Feb 27, 2024 2:51 AM] Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.

OKX Expands to Turkey as Part of Global Expansion Plan

[Feb 27, 2024 2:48 AM] OKX President Hong Fang says there is a high demand for crypto in the country.

Chart Expert Peter Brandt Raises Bitcoin's 2025 Target to $200K on Channel Breakout

[Feb 27, 2024 1:10 AM] Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.

Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’

[Feb 26, 2024 10:58 PM] A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.

Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders

[Feb 26, 2024 10:57 PM]

Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour

[Feb 26, 2024 8:55 PM] Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since…

HTX Withdraws Hong Kong Crypto Exchange Application

[Feb 26, 2024 8:43 PM] Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.

Bitcoin Tops $57K as Rally Picks Up Steam

[Feb 26, 2024 8:27 PM] The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.

Seeking Yield on $37M Ether Treasury, JPEG'd DAO Mulls Airdrop Farming

[Feb 26, 2024 3:08 PM] "There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk.

Ether Tops Bitcoin as the Largest Crypto Asset for Institutions: Bybit Research

[Feb 26, 2024 2:43 PM] Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade.

BlackRock Spot Bitcoin ETF Trades over $1 Billion So Far Today In New Milestone

[Feb 26, 2024 2:15 PM] In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock's spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the…

Bitcoin ETF High Volume Doesn't Always Mean Heavy Buying: NYDIG

[Feb 26, 2024 12:57 PM] The "turnover ratio" offers an indication of the proportion of a fund's assets traded each day.

Craig Wright's Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up

[Feb 26, 2024 12:37 PM] The emails were disclosed by Wright's counsel after COPA's expert witness Patrick Madden spent a tense day on the stand.

Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein

[Feb 26, 2024 11:29 AM] The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.

Braiins Becomes First Mining Pool To Introduce Lightning Payouts

[Feb 26, 2024 10:57 AM] Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network…

Bitcoin Tops $54K, May Run Towards $58K as Crypto Rally Resumes

[Feb 26, 2024 10:35 AM] Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.

Microstrategy Augments Bitcoin Portfolio by 3,000, Reaching 193,000 BTC Worth $9.88 Billion

[Feb 26, 2024 10:30 AM] On Monday, Feb. 26, 2024, Microstrategy’s Executive Chairman, Michael Saylor, shared that his company has expanded its bitcoin holdings by 3,000, elevating its total to 193,000 bitcoins valued at $9.88 billion at the current market rates…

Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk

[Feb 26, 2024 9:08 AM] User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol's back end, according to a Medium post by community member Gas404.

Early Uniswap Whale Sold $1M Worth of UNI as Price Surged

[Feb 26, 2024 9:06 AM] A wallet that received 5.44 million uniswap {{UNI}} tokens in 2020 sold 90,000 UNI worth $1.03 million during Friday's price surge to $12.80.

Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round

[Feb 26, 2024 7:45 AM] The funds will be used to build out its three core products, "Avail DA," "Nexus," and "Fusion Security."

Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth

[Feb 26, 2024 7:37 AM] MicroStrategy has purchased an additional 3,000 bitcoin {{BTC}} for $155 milllion, bringing the company's total BTC holdings up to $6.09 billion.

Bitcoin Investment Products Saw Inflows of $570M Last Week: CoinShares

[Feb 26, 2024 7:01 AM] Crypto-focused investment products saw the fourth consecutive week of inflows, data shows.

First Mover Americas: Bitcoin Correction Could Be Approaching

[Feb 26, 2024 7:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

BitForex Website Goes Dark Amid Reported $57M Outflow

[Feb 26, 2024 6:28 AM] Users of cryptocurrency exchange BitForex have been blocked from accessing the website. Blockchain sleuth ZachXBT reported that $57 million has been drained out of the exchange's hot wallets.

Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting

[Feb 26, 2024 6:27 AM] The Financial Stability Board plans to publish a status report on its crypto roadmap and a report on the financial stability implications of tokenization.

Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers

[Feb 26, 2024 3:05 AM] "We are going to follow Uniswap's lead in proposing it. It will be up to the community to pass it," Frax's CEO Sam Kazemian told CoinDesk.

MicroStrategy’s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT

[Feb 26, 2024 1:32 AM] The phishing attempt has already led to $440,000 worth of crypto being stolen.

Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K

[Feb 26, 2024 1:03 AM] “Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said.

Blast Ecosystem Sees First Apparent Scam as 'RiskOnBlast' Rug Pulls $1.3M Ether

[Feb 26, 2024 12:09 AM] Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors.