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Pepecoin Becomes Biggest Meme Coin Gainer as DOGE, SHIB Rally Eases

[Mar 4, 2024 1:59 AM] Futures products tied to PEPE saw unusually large liquidations since Friday, suggesting short covering.

Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru

[Mar 4, 2024 1:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell its bitcoin, Bitcoin ETFs land in Brazil and Peru, and…

Shiba Inu Rings Greed Alarm as Bitcoin Eyes Record High

[Mar 4, 2024 12:06 AM] Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth.

U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions

[Mar 3, 2024 11:58 PM] In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which…

Former Coinbase CTO Balaji Srinivasan: Bitcoin Is a ‘Political Revolution’

[Mar 3, 2024 5:30 PM] Balaji Srinivasan, venture capitalist and former CTO of Coinbase, has highlighted the real purpose of Bitcoin and its implications for geopolitical and financial issues. Srinivasan stated that Bitcoin at its core is a “political…

NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

[Mar 2, 2024 1:30 PM] As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on…

Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M

[Mar 2, 2024 10:00 AM] The Taiko project, distinguished for its "based sequencing" architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.

SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins

[Mar 2, 2024 7:55 AM] Pepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs.

Floki Price Surges 100% as Burn Proposal Passes

[Mar 2, 2024 7:18 AM] As reported last week, the burn removes 2% of the tokens from the circulating supply.

Trump MAGA Meme Coins Are the First Experiment in 'PoliFi'

[Mar 2, 2024 6:00 AM] One part community, one part prediction market, the meme coin with the former president's namesake is a troll project that became serious, its marketing director told CoinDesk in an interview.

Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article

[Mar 1, 2024 4:38 PM] Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of "committing fraud, laundering money, and financing terrorists," according to the lawsuit.

Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch

[Mar 1, 2024 3:24 PM] Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said.

U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal

[Mar 1, 2024 3:03 PM] The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.

Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M

[Mar 1, 2024 1:00 PM] Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this…

UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

[Mar 1, 2024 12:19 PM] A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.

Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts

[Mar 1, 2024 11:33 AM] All 20 of the CD20 assets were positive on the week, with fourteen posting returns greater than 10%.

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

[Mar 1, 2024 11:25 AM] Outflows from Grayscale's bitcoin fund GBTC spiked Thursday, but inflows into U.S.-listed spot bitcoin ETFs remained positive, led by another strong day for BlackRock's ETF.

From Low to High — Bitcoin Fees Jump Over 129% in 4 Days

[Mar 1, 2024 11:00 AM] After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207…

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

[Mar 1, 2024 10:59 AM] Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.

Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court

[Mar 1, 2024 10:38 AM] Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.

BlackRock's Spot Bitcoin ETF Starts Trading in Brazil

[Mar 1, 2024 10:37 AM] BlackRock's iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said. The asset manager announced the expansion on Thursday.

Nigeria Government Demands $10B From Crypto Exchange Binance: BBC

[Mar 1, 2024 9:53 AM] The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows.

Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live

[Mar 1, 2024 8:17 AM] The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.

First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?

[Mar 1, 2024 7:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Worldcoin’s WLD Drops as Elon Musk Sues OpenAI

[Mar 1, 2024 4:48 AM] WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.

Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement

[Mar 1, 2024 2:30 AM] Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a…

Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says

[Mar 1, 2024 1:51 AM] Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.

Terraform Labs Founder Do Kwon Faces Extradition Delay in Montenegro Amid SEC Fraud Allegations

[Mar 1, 2024 1:00 AM] Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last…

SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

[Feb 29, 2024 8:36 PM]

SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver

[Feb 29, 2024 6:48 PM] “What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.