Crypto’s moment has seemingly arrived in Washington, D.C., and the industry is trying to make the most of it. But as new organizations hatch and leadership shifts at the top advocacy operations, the field of pro-crypto groups trying to carry the torch is more crowded than ever. No fewer than a dozen groups — including … Read more
JPMorgan (JPM) has added support for British pound-denominated accounts to its blockchain-based payments network Kinexys, as the bank targets a gap left by the stablecoin market’s overwhelming focus on the U.S. dollar. Launched in 2019 under the name JPM Coin, Kinexys allows corporate clients to move funds between JPMorgan accounts and settle foreign exchange trades … Read more
Visa is joining the Global Dollar Network (USDG), a stablecoin consortium convened by U.S. regulated digital asset firm Paxos, alongside cryptocurrency and fintech heavyweights like Robinhood, Kraken and Galaxy Digital, according to two people familiar with the plans. Visa is the first traditional finance incumbent known to be joining USDG, whose initial cohort of members … Read more
Artificial Intelligence tokens have long-term staying power and won’t be another crypto fad like non-fungible tokens (NFTs), even though the industry has already seen its share of flops, Kava Labs co-founder Scott Stuart said in an interview with CoinDesk. “We had this first AI wave, but that wave was projects like Fetch saying, ‘We’re going … Read more
Michael Saylor’s digital asset firm, Strategy, has purchased an additional 3,459 Bitcoin for $285.5 million, signaling continued confidence in Bitcoin even as global markets face trade-related headwinds. Strategy has acquired 3,459 Bitcoin (BTC) for $285.5 million at an average price of $82,618 per BTC. The purchase brings Strategy’s total Bitcoin holdings to 531,644 BTC, acquired … Read more
Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm. The deal, which values Altera at $8.75 billion, will make Altera “operationally independent,” Intel said in a press release. Intel will retain 49% ownership in Altera, which will … Read more
Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users. According to an April 14 X Avalon Labs announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon explains that it will allow the platform’s users to earn yield … Read more
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. In markets, securing the best entry point is often half the battle, as timing and level significantly influence success by skewing the risk-reward ratio in traders’ favor. While bitcoin’s (BTC) near-term outlook may appear constructive with increased demand for bullish … Read more
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) added another 3,459 BTC to its holdings last week, bringing its total bitcoin stash to 531,644 BTC. According to a regulatory filing on Monday morning, the company purchased the additional bitcoin for $285.8 million, at an average price of $82,618 per … Read more
Digital asset exchange-traded products (ETPs) saw almost $800 million in outflows last week, marking their third consecutive week, according to a report from crypto asset manager CoinShares. On April 14, CoinShares reported that crypto ETPs saw $795 million in outflows last week, with Bitcoin (BTC)-based products accounting for $751 million, while Ether (ETH) products followed … Read more
Like many developers, I’ve always found traditional SQL tutorials to be tedious. Abstract examples, and little motivation made it hard to stay engaged. As someone who appreciates storytelling, I wondered if there was a better way. Could gamification make learning SQL genuinely enjoyable? This thought inspired my recent project: SQL Noir, a web-based detective game … Read more
Key takeaways Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations … Read more
Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, raising questions about insider activity and the stability of the project. Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The new week is off to a silent start as bitcoin looks to establish a foothold above the trendline, characterizing the downtrend line from record highs, with $86K emerging as resistance over the weekend. FLR, TRX and SOL beat the broader market, while the RWA protocol … Read more
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Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April … Read more
New research shows that crypto mining operations generate harmful pollutants, affecting communities hundreds of miles away.