Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told CoinDesk.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A reentrancy attack earlier Wednesday briefly halted the network. It restarted after an “emergency” chain upgrade.
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens.
The crypto-Trump trade appears to be softening.
Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.
The service, developed by Oxhead Alpha, will let users transfer vehicle titles in minutes without going to an office versus the two weeks in the traditional system.
“Over the next 10, 15 years, for sure, the United States will have some Bitcoin on its balance sheet or kind of in a strategic stockpile. I think the question really just becomes, how aggressive are we in that?”
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Russia’s lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia’s state-owned domestic news agency reported.
Proposed legislation regarding a strategic reserve of bitcoin for the U.S. government poses far more questions than answers at the moment.
Pantera Capital’s compensation survey finds that, based on median base salaries, women earn 15% more than men. One possible explanation: they often have more experience than their male counterparts.
Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges “are going to be crucial,” as it remains open to “everything that is possible to help solve this situation.”
The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates.
The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities.
The collaboration will enable unified liquidity across MoveVM-based layer-2 blockchains.
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird’s restaurant rewards system.
Hyperbolic’s blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.
Router Chain is supposed to reduce the complexities of cross-chain interactions and make the development of dapps easier to use.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.
Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.
A new staking product will be offered instead of what Humpy and the ‘Golden Boys’ initially proposed.
A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup – despite her officially distancing from all such tokens.
The U.S. SEC may be dropping it’s charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning.
