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Ether Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise

[Mar 7, 2024 12:12 PM] Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.

Arthur Hayes-backed Bitcoin Ordinals Trading App Raises $3 Million

[Mar 7, 2024 12:09 PM] Pioneering bitcoin wallet company Oyl has secured a $3 million pre-seed investment from a variety of investors, including UTXO Management and Domo, the creator of the BRC-20 token standard.The investment marks a noteworthy shift in cryptocurrency…

Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors

[Mar 7, 2024 12:00 PM] Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company.

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

[Mar 7, 2024 11:10 AM] Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.

Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April

[Mar 7, 2024 9:09 AM] Kamino is the latest Solana-based DeFi protocol to airdrop a token.

Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says

[Mar 7, 2024 8:52 AM] Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.

Fireblocks Prepares for Bull Market by Adding New Executive After New CFO Hire

[Mar 7, 2024 8:06 AM] Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde.

First Mover Americas: AI Tokens Reclaim the Spotlight

[Mar 7, 2024 7:33 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption

[Mar 7, 2024 7:19 AM] Adoption of the central bank digital currency pales in comparison to the use of cash in the country.

Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card

[Mar 7, 2024 6:39 AM] Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.

Crypto AI Tokens in Focus as DOGE, SHIB Rally Starts to Ease

[Mar 7, 2024 6:28 AM] Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.

Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

[Mar 7, 2024 6:17 AM] Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg

[Mar 7, 2024 6:03 AM] Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.

Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market

[Mar 7, 2024 5:27 AM] Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.

Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets

[Mar 7, 2024 5:08 AM] The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.

Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange

[Mar 7, 2024 4:26 AM] Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.

Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea

[Mar 7, 2024 1:18 AM] Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.

Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps

[Mar 6, 2024 11:01 PM] The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data…

The March Revival — Unprecedented Movement of Early Bitcoin Hoards Move for the First Time in Years

[Mar 6, 2024 7:30 PM] As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in…

Vitalik Buterin’s ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market Uptick

[Mar 6, 2024 5:30 PM] According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The address…

BlockFi Settles With FTX, Alameda Estates for $874.5M

[Mar 6, 2024 5:26 PM] The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency

[Mar 6, 2024 5:10 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.

Brave Wallet Integrates Bitcoin Support For Its 60 Million Users

[Mar 6, 2024 3:27 PM] Brave, a privacy-focused web browser with over 60 million users, has rolled out an update to its desktop version (1.63) that introduces support for Native SegWit Bitcoin wallets within its built-in Brave Wallet. Additionally, Brave Wallet now…

Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

[Mar 6, 2024 3:07 PM] Bitcoin's sharp rebound from Tuesday's plunge indicates a start of a new rally targeting $76,000, Swissblock said.

The Protocol: Bitcoin Cry for Help Heard

[Mar 6, 2024 2:00 PM] It may seem perplexing to the corporate mindset that bitcoin's price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run the blockchain remains dependent on a group of…

Wormhole to Airdrop 617M W Tokens to Past Users

[Mar 6, 2024 1:49 PM] The token bridging service confirmed it will release a W token in crypto's latest airdrop.

Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations

[Mar 6, 2024 12:30 PM] Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a…

Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts

[Mar 6, 2024 12:14 PM] Bitcoin {{BTC}} reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have happened so…

Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries

[Mar 6, 2024 11:49 AM] Focused campaign spending from the crypto industry hit paydirt in Super Tuesday elections across the U.S., with several key congressional races going the way the industry had hoped.

Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval

[Mar 6, 2024 11:44 AM] Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting.