Kraken to Acquire Futures Broker NinjaTrader in $1.5 Billion Crypto-TradFi Deal
The U.S.-based digital assets exchange has been looking to expand as it emerges from regulatory headwinds.
Crypto
Venture capital firms invest $400M in TON blockchain
Update (March 20 at 4:41 PM UTC): This article has been updated to clarify that the token sale was not directed at the TON Foundation. The Open Network Foundation, also known as TON Foundation, said several venture capital firms invested more than $400 million in the TON blockchain, signaling growing interest in the Telegram messaging … Read more
Bitcoin DeFi Expansion Faces Fork Dilemma as Developers Explore ZK Proofs
Bitcoin developers looking to expand the blockchain’s decentralized finance (DeFi) capabilities are likely to be considering zero-knowledge (ZK) proofs, functionality that’s not currently available and which require a so-called soft fork, or new version of the software, to introduce them. That’s a problem, according Edan Yago, a Bitcoin veteran of over a decade and core … Read more
Markets Bounce after FOMC, Trump Speech today, SEC drops XRP case!
Markets Bounce after FOMC, Trump Speech today, SEC drops XRP case! FOMO HOUR EP317 BTC nears $88k+ post-FOMC before pulling back. Trump to make major update on crypto strategy. QT over, $77k BTC bottom: Hayes. Fear and Greed index now at ‘Neutral’. BTC back above 200-day SMA. XRP up 10% as EC to drop XRP … Read more
TON Jumps as Foundation Says VC Firms Invested $400M in the Token
Toncoin (TON), the native token of the Telegram-adjacent TON blockchain, spiked on Thursday as ecosystem organization The Open Network Foundation said several venture capital firms invested $400 million in the token. Investors include Sequoia Capital, Ribbit, Benchmark and Kingsway, according to a press release shared with CoinDesk. Vy Capital, Draper Associates and Libertus Capital, CoinFund, … Read more
Donald Trump Vows to Make America the ‘Undisputed Bitcoin Superpower’
The U.S. president didn’t announce any new initiatives, but he reiterated that he’s called on Congress to pass “landmark” stablecoins legislation.
Trump becomes first US sitting president to speak at a crypto conference
US President Donald Trump is steadily aligning his administration with the crypto industry. On March 20, he addressed a community conference for the first time since being elected. Speaking at the Blockworks Digital Asset Summit on March 20 in a pre-recorded statement, Trump reiterated that the US would take steps to ensure it is the … Read more
Trump says US will be 'Bitcoin superpower' as BTC price breaks 4-month downtrend
Bitcoin (BTC) sought to reinforce higher support at the March 20 Wall Street open as bulls broke out of a key downtrend. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Trump pledges to make US “Bitcoin superpower” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning above $86,000. Now circling the daily open, Bitcoin continued to build … Read more
Crypto Will ‘Expand Dominance of U.S. Dollar,’ Trump Says
NEW YORK — President Donald Trump dropped a video into a crypto event on Thursday, amping up his pro-crypto sentiment with an assertion that crypto will spark economic growth, though he didn’t offer any of the new policies attendees had hoped he might announce. Crypto is “as big as you can get,” he said during … Read more
As Congress Talks Up Its Earth-Shaking Crypto Bill, Regulators Are Already at Work
While the crypto sector’s eyes are drawn to the policy fireworks in the White House and Congress, the financial agencies have been taking consequential bites out of the Biden Administration’s digital assets stance. One move at a time, the stand-in chiefs of the banking and securities regulators are cutting away policies and significant enforcement work … Read more
Crypto for Advisors: A New Golden Age for Crypto Assets?
In today’s crypto for advisors, André Dragosch from Bitwise Europe provides an update on the global crypto regulatory landscape and suggests we may be entering a golden age for crypto. Then, Beth Haddock from Warburton Advisers answers questions about the impact of regulatory clarity on the crypto market in Ask an Expert. – Sarah Morton … Read more
TON-based XDAO protocol grants legal status to 367k DAOs
XDAO, a protocol based on The Open Network (TON), has enabled over 367,000 decentralized autonomous organizations (DAOs) to achieve legal status through its initiative that automates legal recognition for such organizations. In an announcement, XDAO said it had streamlined the DAO creation process to allow DAOs to achieve legal status. An XDAO spokesperson told Cointelegraph … Read more
The fallacy of scalability — why layer 2s won’t save crypto
Opinion by: Dan Hughes, founder of Radix Crypto has spent years betting on layer-2 (L2) solutions as its magic bullet for fixing issues with scalability. What if they’re the very thing putting us at risk? Instead of paving the way for mass adoption, this fixation has created a tangled web of rollups, bridges and fragmented … Read more
Tax agencies will double down on crypto before Bitcoin hits $1M
Opinion by: Robin Singh, CEO of Koinly In the race between regulation and Bitcoin (BTC) all-time highs, there is no doubt tax agencies will double down on their crypto-tracking systems well before Bitcoin hits $1 million. Crypto investors shouldn’t become complacent or assume they can skate by until the million-dollar price tag. In addition to … Read more
Russia civic chamber proposes dedicated fund for confiscated crypto assets
Amid the growing adoption of cryptocurrency reserves in countries like the United States, legal activists in Russia are pushing to create a potential crypto fund. Evgeny Masharov, a member of the Russian Civic Chamber, has proposed creating a government cryptocurrency fund that would include assets confiscated from criminal proceedings. The projected cryptocurrency fund would aim … Read more
Solana futures ETF to grow institutional adoption, despite limited inflows
The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers. Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF … Read more
Ripple celebrates SEC’s dropped appeal, but crypto rules still not set
Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as … Read more
CoinDesk 20 Performance Update: Avalanche (AVAX) Drops 4.5%, Leading Index Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2712.19, down 1.0% (-26.22) since 4 p.m. ET on Wednesday. Three of 20 assets are trading higher. Leaders: BCH (+1.0%) and LINK (+0.6%). Laggards: AVAX (-4.5%) and DOT (-3.7%). … Read more
Ether Spot ETFs in U.S. Saw $358 Million Outflows in 11-Day Stretch
Spot ether (ETH) exchange-traded funds (ETFs) in the U.S. posted their 11th straight day of net outflows, losing some $358.1 million of investor funds as the price of ether fell almost 7%. On Tuesday, BlackRock’s iShares Ethereum Trust ETF (ETHA) saw $12.9 million of outflows, losing a net $137.6 million over the period. Fidelity’s FETH … Read more
Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally
Tether, the $143 billion stablecoin giant, was the world’s seventh-largest buyer of United States Treasurys, surpassing some of the world’s largest countries. Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US Treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries. The stablecoin issuer acquired over … Read more
Copper, Once Positively Correlated to Bitcoin, Nears Record High. Will BTC Follow Suit?
Copper, recognized as a reliable economic indicator for decades, is nearing record highs. Seasoned crypto traders may recall periods when bitcoin (BTC) and copper exhibited a strong positive correlation and may quickly draw bullish conclusions from the recent rally in the red metal. If that’s not enough, BTC’s best years have been characterized by a … Read more
Malware in Cracked TradingView App Has Been Draining Crypto Wallets
“What’s interesting with this particular scheme is how involved the original poster is,” said Jérôme Segura, a security researcher at Malwarebytes.
BitcoinOS Releases Open Source Software to Fulfill Network’s ‘Original Promise’
Developers looking to build out zero-knowledge applications on Bitcoin can now access the repo in the hopes of furthering the standard.
Spot crypto scams early: California’s new tracker tool, explained
What is California’s crypto scam tracker tool? On Feb. 16, 2023, the Department of Financial Protection and Innovation (DFPI) in California launched the crypto scam tracker tool to help residents spot and avoid crypto scams. The tracker details crypto scams identified through a review of complaints submitted by the public. California’s DFPI crypto scam tracker … Read more
Crypto Exchange Bithumb Raided by South Korean Prosecutors Over Embezzlement Allegations: Report
Prosecutors in South Korea have launched an investigation into Bithumb, one of the country’s largest cryptocurrency exchanges, over claims that company funds were improperly used to assist a former executive in purchasing an apartment. Officials from the Seoul Southern District Prosecutors’ Office raided Bithumb’s headquarters in Yeoksam-dong and other locations on Wednesday., according to local … Read more
Bybit Hackers Turn to Crypto Mixers After $1.4B Theft, 7.6% of Funds ‘Gone Dark’: CEO
North Korean hackers have resorted to at least four crypto mixers to launder what they stole from Bybit last month.
Uranium Digital Raises $6.1M to Speed Debut of Crypto-Powered Spot Market
Alex Dolesky thought his startup’s push to “financialize” the sleepy uranium spot market would be a hit as nuclear energy stages a global comeback. All that tokenized yellowcake’s looking more like gold. Months after netting its first $1.7 million from venture investors, Uranium Digital raised another $6.1 million in a seed round led by Framework … Read more
Uniswap Passes $165M Funding Plan After DAO Vote
The Uniswap community has greenlit two governance proposals to propel the growth of the Unichain network and Uniswap V4 protocol. The initiatives, dubbed “Uniswap Unleashed,” introduced a new grants program and liquidity incentives while hinting at initial steps for a “fee switch,” a long-contested protocol vote that would pay out a portion of trading fees … Read more
Crypto Daybook Americas: Bitcoin ETFs, Frog-Themed Tokens See Renewed Interest
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC), ether (ETH) and the broader crypto market are facing renewed pressure, reversing some of gains made after Federal Reserve Chairman Jerome Powell downplayed concerns about tariff-driven inflation . President Donald Trump is reportedly scheduled to speak at Blockworks’ Digital Asset Summit in New York … Read more
Bitcoin Price Holds Above $85,000 as Analysts Worry Over Misplaced Optimism
According to one analyst’s trading note, the idea that inflationary pressures will subside is “wishful thinking at best.”