114 / 425 Relevant items tagged with #News

Posts

US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank

[May 17, 2024 2:36 PM] Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the…

Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs

[May 17, 2024 1:59 PM] Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.

Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says

[May 17, 2024 12:34 PM] The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.

Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains

[May 17, 2024 10:56 AM] The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues.

NEAR Token's 10% Gain Tops CoinDesk 20 Last Week: CoinDesk Indices Market Update

[May 17, 2024 10:11 AM] All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.

ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

[May 17, 2024 10:11 AM] Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June.

Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients

[May 17, 2024 9:26 AM] Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed.

Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

[May 17, 2024 8:44 AM] The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector's associations and top businesses are encouraging…

Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics

[May 17, 2024 7:06 AM] The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.

$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption

[May 17, 2024 7:00 AM] Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin…

Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes

[May 17, 2024 7:00 AM] The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes.

Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court

[May 17, 2024 6:48 AM] The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.

Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country

[May 17, 2024 6:40 AM] The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope.

Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg

[May 17, 2024 6:20 AM] A lawsuit filed on Thursday alleges Dolce & Gabbana USA messed up their delivery resulting in NFTs bought by a customer for $6,000 losing 97% of their value, Bloomberg reports.

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

[May 17, 2024 6:13 AM] The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data

[May 17, 2024 6:05 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF

[May 17, 2024 5:34 AM] Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated.After the SEC…

Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows

[May 17, 2024 5:23 AM] One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.

Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline

[May 17, 2024 4:43 AM] Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.

Ether Could Surprise to the Upside in the Coming Months, Coinbase Says

[May 17, 2024 4:04 AM] The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.

Fantom Outperforms CoinDesk 20 Over Past Week as TVL Jumps

[May 17, 2024 1:43 AM] FTM has gained 13% in the last week, and total value locked in Fantom briefly hit $200 million.

Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it

[May 16, 2024 3:08 PM] President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.

Bitcoin Magazine CEO: A Trump Victory Will Trigger a Bitcoin ‘Space Race’

[May 16, 2024 12:57 PM] David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming election could trigger a bitcoin ‘space race,’ as countries rush to accommodate their policies to align…

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin

[May 16, 2024 12:37 PM] The stock was the second worst performing among crypto stocks on Thursday.

Solana Meme Coin Factory Pump.Fun Compromised by 'Bonding Curve' Exploit

[May 16, 2024 12:28 PM] The exploiter may not be making any money from the attack.

DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating; LINK Gains 7%

[May 16, 2024 12:22 PM] The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization.

Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

[May 16, 2024 11:18 AM] Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed…

U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat

[May 16, 2024 10:49 AM] The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto…

How 2 Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

[May 16, 2024 10:48 AM] First there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment.

Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before Sentencing

[May 16, 2024 10:23 AM] Reports indicate that Sam Trabucco, the former co-CEO of the cryptocurrency trading firm Alameda Research, penned a letter to the judge set to sentence Ryan Salame, co-CEO of FTX Digital Markets. Trabucco’s letter emerged amidst numerous…