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CoinDesk 20 Performance Update: RNDR Bounces 14.2%, Leading Index Higher
6.8.2024
CoinDesk 20 sees a broad rally, with RNDR up 14.2% and SOL up 8.3%
Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
6.8.2024
A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly
Crypto Bank Anchorage Adds Custody for Solana-Based Tokens
6.8.2024
Anchorage began adding custody support for Solana-based tokens in 2022 and only added staking support last year
First Mover Americas: Crypto Rebounds From Monday's Chaos
6.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ronin Bridge Paused After $9M Drained in Apparent Whitehat Hack
6.8.2024
“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post
Bitcoin's Unreliable Death Cross Is Looming Again
6.8.2024
The death cross is known to cause catastrophizing among inexperienced investors. But it's an unreliable indicator
Ethereum ETFs Scored $49M Inflows as ETH Plunged
6.8.2024
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals
ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped
6.8.2024
ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again
These Two Bitcoin Indicators Offer Light in a Gloomy Marke
6.8.2024
BTC has dropped over 13% this month, but all is not lost, according to key indicators
Binance Has Challenged India's $86M Tax Showcause Notice: Source
6.8.2024
Binance, the world's largest cryptocurrency exchange, has "challenged" a nearly $86 million tax notice from India's Directorate General of Goods and Services Tax Intelligence (DGGI), a person directly involved with the matter told CoinDesk
Bitcoin Jumps Above $56K, Solana Leads Recovery From Monday's Rout
6.8.2024
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session
SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
6.8.2024
Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.”
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
5.8.2024
Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets
Is Bitcoin Still a Store of Value?
5.8.2024
It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe
DePIN and Machine Data Can Change Web3
5.8.2024
DePIN enables the tokenization of machines, opening up RWA investments and spreading benefits to owners and users, says Leroy Hofer, CEO and co-founder of Teneo Protocol
Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren's Headwinds
5.8.2024
A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix City Council member who faced a candidate backed by Sen. Elizabeth Warren (D-Mass.)
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
5.8.2024
Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors
CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline
5.8.2024
The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit
First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market
5.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
5.8.2024
The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off