The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
While U.S. crypto insiders continue to pound away at a noncommittal Biden administration, a more urgent mission is developing to find out the digital assets views of Vice President Kamala Harris, though her dual life as vice president and presidential candidate may interfere with taking a strong stance.
The BTC market shows signs of seller dominance, FxPro’s analyst said.
The wildly popular Telegram game has apparently amassed millions of users since its April release.
The dwindling metric points to declining selling pressure in the bitcoin market.
Defunct cryptocurrency hedge fund Three Arrows Capital’s (3AC) liquidators have sued Terraform Labs for $1.3 billion, for losses the fund suffered following the 2022 crash, Bloomberg reported on Monday.
Many of the largest decentralized exchanges (DEX) tokens posted gains on Tuesday.
Bettors at one point gave an over 60 percent chance of Trump mentioning digital assets during the interview
Binji Pande, who works on partnerships at Optimism Unlimited and is contributor to The Optimism Collective, visits two summer retreats and returns with insights about how crypto can get greater user adoption.
PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers.
The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securities laws.
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
Optimism networks that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.
The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections.
The whale has deposited 48,500 ETH, worth over $154 million, to OKX at an average price of $3,176 in the past 35 days.
DOT’s 3.5% drop and SOL’s 2.8% decline pull the index lower.
Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.
The notes will pay interest every six months and mature Sept. 1, 2031.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 12 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being “denied adequate access to his legal team and his health is deteriorating rapidly,” his family said in an emailed statement.
Traders have locked in over $2 million in XRP’s $1.10 call option listed on Deribit, the highest across all available maturities.
Tether, the company behind USDT, the world’s largest stablecoin by market cap, said it will defend itself from “shakedown” litigation brought by bankrupt crypto lender Celsius on Friday.
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.
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
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.
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.
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.
