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U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
15.5.2024
Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators
15.5.2024
Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends
Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears
15.5.2024
As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to convert its Ethereum Trust into a publicly traded...
Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates
15.5.2024
In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month.
The...
Bitcoin Hovers at $62K While Pepe Hits Record High as GameStop Extends Rally
15.5.2024
Dog-themed floki (FLOKI) zoomed 12%, the highest among the top 50 tokens by market capitalization, while pepe (PEPE) jumped 5% to a new lifetime peak
First Mover Americas: Bitcoin Approaches $63K Ahead of U.S. CPI Data
15.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Galaxy Digital Founder Michael Novogratz Expects Bitcoin to Trade in Narrow Range for Now
15.5.2024
Michael Novogratz, the founder of Galaxy Digital Holdings, expects Bitcoin to remain in a relatively narrow trading range in the current quarter.
The post Galaxy Digital Founder Michael Novogratz Expects Bitcoin to Trade in Narrow Range for Now appeared first on Cryptonews
Bitcoin Nears $63K as Bulls Chew Through 'Taker Selling'
15.5.2024
A taker order is the
El Salvador mines 474 Bitcoin using geothermal volcanic energy
15.5.2024
El Salvador currently holds 5,750 BTC worth $354 million which it has accumulated over three years
Deutsche Bank Explores Blockchain-Based Asset Tokenization
15.5.2024
Deutsche Bank has announced its collaboration with the Monetary Authority of Singapore’s Project Guardian, a multi-year initiative aimed at exploring the potential of asset tokenization in regulated financial markets. The banking giant will test an open architecture and interoperable...
Bitcoiner who called pre-halving all-time high predicts $95K BTC price
15.5.2024
BTC price records will come thick and fast, BitQuant says — but no one can say when exactly Bitcoin will break to new all-time highs
Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds
15.5.2024
The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets
Wisconsin Pioneers State-Level Bitcoin Investment in the U.S.
15.5.2024
In a landmark move, Wisconsin has become the first U.S. state to invest in bitcoin, underscoring the growing institutional interest in cryptocurrencies. The State of Wisconsin Investment Board, which manages over $156 billion in assets, purchased 94,562 shares of Blackrock’s Ishares Bitcoin Trust...
Bitcoin Price Prediction: BTC Nears $62,000 Amid Fed’s Hawkish Stance and PPI Report; CPI Ahead
15.5.2024
Bitcoin price nears $62,000 after PPI data meets expectations; CPI report set to reveal further economic insights.
The post Bitcoin Price Prediction: BTC Nears $62,000 Amid Fed’s Hawkish Stance and PPI Report; CPI Ahead appeared first on Cryptonews
Vanguard Appoints Crypto-Friendly Salim Ramji as CEO, Sparks Speculation on Bitcoin ETFs
15.5.2024
Salim Ramji, a former executive at Blackrock renowned for his leadership in Ishares and Index Investments, and for overseeing the filing for Blackrock’s Ishares Bitcoin Trust, has been appointed the new CEO of Vanguard, signaling a potential shift in the asset management firm’s stance...
Could these cryptocurrencies dethrone Bitcoin in 2024?
15.5.2024
The cryptocurrency market brims with numerous cryptocurrencies, each being significant in its own way. New crypto coins are mined frequently, creating tough competition for survival among the newbies. Eventually, cryptocurrency lovers find themselves seated at the edge of their seats and pondering...
Bitcoin could top $100K but only if 'high-yield rate' falls below 7% — Analyst
15.5.2024
Bitcoin needs the high yield rate to fall as low as 6% if it wants to reach a "sustainable all-time high", says crypto analyst Timothy Peterson
El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs
15.5.2024
El Salvador, which became the first nation to use Bitcoin (BTC) as legal tender, could easily hold 5,750 Bitcoins, per “Bitcoin Office” report.
The post El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs appeared first on Cryptonews
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Leading Trader Criticizes Worldcoin’s ‘Predatory’ Tokenomics, Labels WLD a Fake $60B AI Coin
15.5.2024
The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using...