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Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
12.8.2024
Layer-1 blockchain Canto has been offline since Saturday following a "consensus issue." The CANTO token initially dropped by 21% before recovering over the course of the weekend
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
12.8.2024
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
12.8.2024
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
12.8.2024
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power
IRS Shares New Crypto Tax Form, Invites Industry Input
9.8.2024
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA
Crypto Needs to Radically Rethink Token Distribution
9.8.2024
The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc
What the NYT and Washington Post Op-Eds Get Wrong About Crypto
9.8.2024
It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
9.8.2024
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services
CoinDesk 20 Performance Update: XRP's 7.8% Decline Weighs on Index
9.8.2024
APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses
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
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
Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
8.8.2024
Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim
Careers in Crypto: 5 Insights for 2024
8.8.2024
In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024
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
Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
8.8.2024
OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund
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
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
8.8.2024
Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said