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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
Crypto Stocks Slump as Bitcoin, Ether Tumble
5.8.2024
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
5.8.2024
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin
Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes
5.8.2024
Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets
Bitcoin Continues to Bleed, Falls Below $50K
5.8.2024
Ether prices also fell to $2.2K
Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Records Biggest Fall Since 2021
5.8.2024
A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom
Ether Slides 20% as Trading Firm Moves $46M in ETH
5.8.2024
A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain