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Gemini urges CFTC to withdraw proposed rule on event contracts
10.8.2024
Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match
Robinhood Reports 161% Surge in Q2 Crypto Revenue
10.8.2024
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies....
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
10.8.2024
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored...
Increasing Ethereum network use strengthens the case for ETH price rally to $3K
9.8.2024
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000
Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome
9.8.2024
Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores the official results announced by the National Electoral Council (CNE), which...
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
9.8.2024
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal, urging the CFTC to reconsider its stance, which...
Synthetix to add Chainlink when v3 exchange launches on Arbitrum
9.8.2024
It could be followed with deployments on Optimism and Base
Bitcoin bear trap over? BTC price fractal hints at parabolic move next
9.8.2024
Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
9.8.2024
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels
Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market
9.8.2024
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan...
10 signs you’ve been in the crypto industry too long
9.8.2024
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold
Bitcoin's 12% Price Rally on Thursday Was The Biggest Since February 2022
9.8.2024
Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns
First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
9.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Turkey sees surge in crypto license applications amid new regulations
9.8.2024
Turkey's crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation
Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
9.8.2024
XRP's order book on U.S. exchanges is 30% more liquid than offshore platforms
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
9.8.2024
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
9.8.2024
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
8.8.2024
The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound
Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction
8.8.2024
Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Eisenberg’s legal team has filed a motion for judgment of acquittal...
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
8.8.2024
While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted