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CoinDesk

Ether Spot ETF Inflows Will Push ETH to Beyond $5K: Bitwise

July 17, 2024 by

It may not happen immediately and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said.

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U.S. Senator Who Called Bitcoin ‘Ideal Choice for Criminals,’ Convicted of Bribery

July 17, 2024 by

U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto critic, was found guilty of accepting bribes, including gold bars and a luxury car, in exchange for his political clout by a jury on Tuesday.

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Standard Chartered-Backed Zodia Markets to Buy Elwood Trading Desk

July 17, 2024 by

The deal will strengthen Zodia Markets’ over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.

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Bitcoin Bulls Eye $70K Amid Donald Trump’s Rising Chances of Returning as President

July 17, 2024 by

Traders and funds are becoming increasingly bullish on BTC as the German government completes its sales of their large holdings while Mt Gox distributes funds to creditors, one market observer said.

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Crypto Trading Firm XBTO Establishes Tokenization Team to Focus on Real World Assets

July 17, 2024 by

The tokenization platform will soon offer an “e-note” for hemp and CBD producer AgroRef.

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Steve Bannon Linked Chinese Businessman Found Guilty in Fraud Scheme

July 17, 2024 by

Guo was found guilty on nine of the 12 charges, including racketeering, fraud, and money laundering

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Bitcoin ETF Inflows Hit Six-Week High of $422.5M

July 17, 2024 by

BTC’s price has recovered 23% since hitting lows near $53,500 on July 5.

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Trump Says He’ll Release Fourth NFT Collection: ‘The People Want Me to Do Another One’

July 16, 2024 by

Trump’s presidential campaign has raised about $3 million in crypto, mostly bitcoin and ether.

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Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally

July 16, 2024 by

The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.

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After Court Order, Craig Wright Updates Website With Admission He Is Not Satoshi Nakamoto

July 16, 2024 by

A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise.

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DePIN Can Make Car Ownership Cool Again

July 16, 2024 by

DIMO rewards auto-owners for data from their cars. But the benefits of a DePIN for vehicles go far beyond financial incentives, says co-founder Rob Soloman.

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Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit

July 16, 2024 by

European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.

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ETF Stands for ‘Everything That Fits’

July 16, 2024 by

First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money.

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Web3-AI: What’s Real, and What’s Hype

July 16, 2024 by

The biggest challenge for the evolution of Web3-AI might be overcoming its own reality distortion field, says Jesus Rodriguez, CEO, IntoTheBlock.

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Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates

July 16, 2024 by

Detained American Binance executive Tigran Gambaryan had to be pushed into an Abuja, Nigeria courtroom today in a wheelchair, after a herniated disc in his back left him in severe pain and “hardly able to walk,” according to a Monday report from his family.

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Bitcoin ETF Traders Bought the Dip and Now Are Buying the Rebound as Inflows Topped $300M Monday

July 16, 2024 by

Lifetime net inflows into the U.S.-based spot bitcoin exchange-traded funds topped $16 billion on Monday as investors of late have shown themselves to be buyers in both up and down markets.

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Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC

July 16, 2024 by

An elite group of venture capitalists, business moguls and tech executives including Gemini co-founders Tyler and Cameron Winklevoss have contributed a combined $8.75 million to a new super political action committee (PAC) backing Donald Trump’s presidential campaign.

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Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick

July 16, 2024 by

Traders on the crypto-based prediction market now see a 72% chance the former president will retake the White House.

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Sam Altman’s Worldcoin Surges 15% as Investor and Team Lockup Extended

July 16, 2024 by

Decentralized identity project Worldcoin has announced that it is extending lock ups for early investors and team members, the project’s native token (WLD) rose by 13% after the announcement was published.

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What Does It Actually Take to Build a Blockchain?

July 16, 2024 by

Focus on builders, builders and builders. After liquidity, they are key to success, says Azeem Khan, co-founder of MorphL2.

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Trump Campaign’s Crypto Donations Amounted to $3M of $331M Raised Last Quarter: WSJ

July 16, 2024 by

Post Content

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CoinDesk 20 Performance Update: NEAR and XRP Lead as Index Posts Modest Gain

July 16, 2024 by

Gains by NEAR (7.8%) and XRP (2.2%) buoyed the CoinDesk 20 Index in overnight trading.

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Defi Protocol LI.FI Struck by $8M Exploit

July 16, 2024 by

Decentralized finance (DeFi) platform LI.FI protocol has been hit by an exploit worth around $8 million following a series of suspicious withdrawals, on-chain data shows.

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Meme Coins Outperform BTC, ETH and SOL as Traders Rotate Holdings

July 16, 2024 by

The $53 billion meme coin sector rose by more than 12% on Tuesday with the likes of pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, data from CoinGecko shows.

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Polygon’s New ZK Proving System, ‘Plonky3,’ Comes as Open-Source Toolkit

July 16, 2024 by

Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary “rollup” networks to confirm transactions on a base chain like Ethereum. Polygon’s prior version, Plonky2, was released in 2022.

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Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs

July 16, 2024 by

Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy.

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Crypto Exchange Kraken Signs Sleeve Sponorship Deal With Premier League Club Spurs

July 16, 2024 by

Last week, Kraken announced an equivalent deal with Spanish soccer team Atlético Madrid, meaning the company now has a presence in both England’s Premier League and Spain’s La Liga.

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U.S.-Listed Bitcoin Miners’ Share of Global Hashrate Reached Record in July: JPMorgan

July 16, 2024 by

The aggregate market cap of the fourteen bitcoin miners listed in the U.S. that the bank tracks rose 29% since the end of June, the report said.

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First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC

July 16, 2024 by

The latest price moves in bitcoin (BTC) and crypto markets in context for July 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Crypto Traders Search for Clues in Solana’s Triangle Pattern

July 16, 2024 by

SOL’s months-long triangular price consolidation could bring good news for the bulls.

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