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A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu

[Aug 11, 2023 11:22 PM]

U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit

[Aug 11, 2023 8:18 PM] U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.

BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor

[Aug 11, 2023 5:30 PM] The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El…

Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments

[Aug 11, 2023 4:30 PM] Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and…

FTX Boss Sam Bankman-Fried in Custody, Bail Revoked, Remanded to Jail

[Aug 11, 2023 2:37 PM] FTX co-founder Sam Bankman-Fried was taken into custody and his bail was rescinded on Friday, in anticipation of his trial scheduled for October. Matthew Russell Lee of the Inner City Press disclosed a synopsis of the August 11 hearing on the…

Spot Bitcoin ETF Applications Face More Delays

[Aug 11, 2023 1:30 PM] The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public…

Sam Bankman-Fried Jailed Ahead of Trial

[Aug 11, 2023 1:18 PM] FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond.

Cameron Winklevoss to DCG Amid Their Crypto Lending Fight: 'Good Luck' Convincing a Jury

[Aug 11, 2023 11:43 AM] His Gemini crypto exchange and conglomerate Digital Currency Group are battling – in and out of court – over the failure of Gemini's Earn lending service.

Visa Tests Way to Make Paying Ethereum Gas Fees Easier

[Aug 11, 2023 11:22 AM] Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post.

SEC Delays ARK Invest And 21 Shares Spot Bitcoin ETF Application

[Aug 11, 2023 9:57 AM] Friday morning, the Securities and Exchange Commission (SEC) solicited comments on 21 Shares and Cathie Wood's ARK Invest's spot Bitcoin exchange-traded fund (ETF) application, further delaying the process.This is the second delay in the listing…

Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say

[Aug 11, 2023 9:45 AM] Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.

Ark 21Shares Bitcoin ETF Application Decision Pushed by SEC

[Aug 11, 2023 8:13 AM] The U.S. Securities and Exchange Commission (SEC) extended its review of the Ark 21Shares Bitcoin ETF application, as it continues to look at applications from traditional finance heavyweights like BlackRock and Fidelity.

Mysterious Crypto Trader Burns Over $4.6 Million in Ethereum and Premium NFTs

[Aug 11, 2023 7:30 AM] In the latest wave of onchain mystery, enthusiasts of the crypto world have been abuzz with talks about an enigmatic address that has been annihilating millions of dollars in crypto assets, as well as blue chip non-fungible tokens (NFTs)…

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

[Aug 11, 2023 6:30 AM] A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins

[Aug 11, 2023 6:26 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America

[Aug 11, 2023 5:02 AM] Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

'Altcoin Season' Is Coming, Technical Analysis Suggests

[Aug 11, 2023 4:27 AM] An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

Bank of Russia Reports 13 Banks Will Participate in Digital Ruble Pilot

[Aug 11, 2023 2:30 AM] The Bank of Russia has announced that all 13 banks intending to participate in the digital ruble pilot have already completed their preparations to join the upcoming test. Olga Skorobogatova, first deputy governor of the Bank of Russia, stated that…

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment

[Aug 11, 2023 1:42 AM] The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

[Aug 11, 2023 1:05 AM] Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

Matrixport's Bitcoin Greed & Fear Index Indicates Upswing Ahead

[Aug 11, 2023 12:14 AM] The index has a solid track record of shifts in the bitcoin market trend.

First Mover Asia: Bitcoin is CPI Resistant

[Aug 10, 2023 7:48 PM] Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday's $133M Token Unlock

[Aug 10, 2023 3:45 PM] As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.

Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

[Aug 10, 2023 2:53 PM] The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

[Aug 10, 2023 12:47 PM] The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.

Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging

[Aug 10, 2023 12:09 PM] The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.

CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

[Aug 10, 2023 11:37 AM] Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.

Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis

[Aug 10, 2023 11:22 AM] The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.

Bitcoin Rallies Keep Getting Quickly Sold — What's Up?

[Aug 10, 2023 11:17 AM] The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.

Embattled Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows

[Aug 10, 2023 11:12 AM] One of the biggest crypto projects building tools to support decentralized governance is trying to get out of its own governance pickle.