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Bitcoin Tops $70K to Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
4.6.2024
All but two assets in the gauge lost ground over the past week, led by UNI's 14% decline
American spot Bitcoin ETFs demonstrate positive market trend
4.6.2024
Fidelity’s FBTC is the market leader, with inflows totaling $77 million. It is quite interesting to note that the spot Bitcoin exchange-traded funds have reported net inflows for the past fifteen days consecutively. Bitwise is the industry leader in net inflows, followed by Ark Invest and...
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
4.6.2024
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses...
AI-Powered Meme Coin WienerAI Raises $4M in Presale – How High Can WAI Go?
4.6.2024
A new AI-powered meme coin project called WienerAI (WAI) is defying expectations. While its name might be comical, WienerAI has now raised over $4 million in its limited-time token presale phase. And with the rate of fundraising showing no signs of slowing down, early backers are now debating just...
Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap
4.6.2024
A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days
Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology
4.6.2024
Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions. Starkware Announces Plan to Enhance Bitcoin...
Bitcoin nears $70k as Bitfinex sees end to sell-off
4.6.2024
Bitcoin, for the first time in its history, rose above $70,000, and experts believe that this may signal the end of a prolonged phase of the BTC rate’s stagnation. This top digital currency hit this level for the first time in a week and then pulled back to around $69,200, rising just 2% over...
Warren Buffett's Berkshire Hathaway did crash 99% ...against Bitcoin since 2015
4.6.2024
Allocating just 1% of Berkshire Hathaway's portfolio to Bitcoin could have boosted Warren Buffett's profits by over 25%
Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges
4.6.2024
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly banks. Deutsche Bank will...
StarkWare launches $1M research fund for ZK Bitcoin scaling
4.6.2024
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general
Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave
4.6.2024
Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg
Watford FC Partners With Republic to Offer 10% Stake to Fans and Investors
4.6.2024
The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC Collaborates With Republic to Sell 10% Stake...
Apu Apustaja Memecoin Launches High-Visibility Billboard Campaign in New York City
4.6.2024
PRESS RELEASE. Phoenix, USA, June 4th, 2024, Chainwire. Apu Apustaja, the memecoin exciting the entire crypto industry, is also a new sensation in the busy streets of New York City, where flashy billboards advertise the project to passersby and onlookers. The famous frog memecoin appears on...
Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor
4.6.2024
Bitcoin dormant for 5 years or more awakens in new 'distribution'
4.6.2024
Bitcoin long-term holder "inactivity" is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade
Etrade Investigates Keith Gill’s Gamestop Moves, Social Media Questions Political Insider Trading
4.6.2024
Reports indicate that the online brokerage platform Etrade might be considering removing Keith Gill, known as Roaring Kitty, due to concerns about Gamestop (GME) manipulation. The Etrade news emerged after Gill posted a screenshot of his Etrade account, displaying $65.7 million in Gamestop call...
First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens
4.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin (BTC) slows as the community awaits the next breakout
4.6.2024
The pace has slowed in Bitcoin (BTC). It was initially expected to pump the growth once Bitcoin’s halving concluded. It has been almost 2 months, and the only result evident is a slower pace. What’s happening has been defined as a Re-Accumulation phase for Bitcoin. Investors could...
US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme
4.6.2024
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen...
Bitcoin miner Core Scientific strikes $3.5B AI partnership
4.6.2024
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure