Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week

The WLFI token sale will be open for everyone who has been qualified through the project's whitelist.

Arkham's Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange

The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.

Scroll Airdrop Allocation Met With Dismay From Farmers

Airdrop farmers are up in arms over the release of layer-2 network Scroll's airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users.

Has Ethereum Lost Its Way?

Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent.

Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Selling Pressure

Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows.

FTX's Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort

Former FTX executive Ryan Salame, convicted of violating U.S. election laws in his contribution of millions of dollars in the previous congressional elections, has been rebuffed in an 11th-hour attempt to delay his prison sentence to treat a dog bite to his face.

DePIN Promises Small Business Innovation in Emerging Markets

DePIN node sales are not like ICOs or even token sales. They are more like a market stall or “micro franchise programs” for the emerging markets. DePIN networks have potential to be a prodigious driver of tech-centered economic development, says Huddle01 founder, Ayush Ranjan.

CoinDesk 20 Performance Update: RENDER jumps 6.5%, With All Index Constituents Rising

NEAR was also a top performer, gaining 5.1%

First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst

Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.

Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach

Bitnomial's action follows a similar suit filed by Crypto.com on Tuesday.

Binance Executive Tigran Gambaryan Denied Bail in Nigeria

The Binance executive has been detained in Nigeria since February.

Former FTX Customer Sues Hedge Fund, Says It Reneged on Bankruptcy Payout Deal

Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised.

Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return

Trump's odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the market is stagnant despite hopes of another round of stimulus in China.

Trump's Lead Over Harris Widens on Polymarket's Prediction Market

His odds of winning the U.S. presidential election have soared to a more than two-month high.

Four Reasons Ether ETFs Have Underperformed

ETH ETFs haven't gained the same traction as BTC ETFs, even seeing net outflows this week. Tom Carreras investigates why.

Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory Onslaught on Crypto

Nearly 50% of U.S. Investors Plan to Invest in Crypto ETFs: Charles Schwab Survey

Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed.

SEC Sues Crypto Market Maker Cumberland DRW

The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.

Gary Gensler, We’re Gonna Miss You (Not)

The SEC Chair’s comments on crypto Wednesday did nothing to encourage anyone in the industry to believe he should continue in his position past this year.

Ripple Plans 'Cross-Appeal' in SEC Case

The SEC announced it was filing an appeal last week.

OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market

OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.

Heather 'Razzlekhan' Morgan Should Spend 18 Months in Prison, Prosecutors Tell Court

Prosecutors have requested that Heather Morgan – better known by her rap moniker “Razzlekhan” – be sentenced to just 18 months behind bars for her role in laundering 120,000 bitcoins stolen from Bitfinex in a 2016 hack.

Crypto for Advisors: Bitcoin and the American Dream

As bitcoin continues to gain traction as a financial asset, its role in reshaping traditional mortgages could mark a significant advancement for homeownership and the American Dream.

Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment

Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.

Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto Firms

The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.

The U.S. Fell Behind in Crypto. It Cannot Afford to Fall Behind in AI

The U.S. digital assets industry has been stymied by ineffective regulation. Is the same thing about to happen with artificial intelligence? Calanthia Mei, co-founder of Masa, says it's possible.

CoinDesk 20 Performance Update: UNI Surges 10.4%, While Index Trades Mostly Flat

Aptos was the weakest performer, falling 6.9%

Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech

The news is in line with the ongoing trend that's hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.

U.S. September CPI Disappoints, Rising a Faster Than Expected 0.2%

First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

Dubai's Virtual Assets Regulatory Authority (VARA) issued cease-and-desist orders and accompanying fines to seven entities for operating without the required licenses and breaching marketing regulations.

Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report

A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.

Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says

Protocol Village: Karate Combat, Web3 Contact Sport, Launches Own Layer-2 Chain 'UP' on Hedera

Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges

One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.

SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’

Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”

CPI Growth Is Set to Slow Even More

And that’s good news for risk assets like bitcoin and ether, says Scott Garliss.

Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud

Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege.

The Protocol: Peter Todd Wants to Fix Satoshi's Bitcoin Bugs

The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin's original code. PLUS: Criticisms mount after EigenLayer unlocks EIGEN token, as Babylon vaults to top of Bitcoin DeFi leaderboard.

How Crypto Reacted to HBO's Big Satoshi 'Reveal'

HBO's Satoshi documentary Tuesday got plenty of attention. But experienced hands were not convinced by the show's conclusion.

LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows

Avalanche's low transaction fees and consistency were cited as reasons for picking that chain.

The Shopification of Wealth

Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the financial advisory business, says Miguel Kudry.

For Millennials, Bitcoin Is the New Real Estate

Bitcoin represents a new frontier for wealth accumulation among younger generations. Instead of pursuing increasingly expensive real estate, younger investors might consider allocating funds to bitcoin, says Cyrus Ip, head of content, Bybit.

State Street Works on Tokenized Bond and Money Market Fund; No 'Current Plans' for Stablecoin Project

Tokenized collateral could have helped avoid or lessen the 2022 "liability-driven" crisis, Donna Milrod, chief product officer said in the interview with Financial News.

CoinDesk 20 Performance Update: APT Drops 2.4%, Leading Index Lower

Chainlink also underperformed, falling 2.1%.

India's Crypto Discussion Paper on Hold Due to Other Priorities

India's planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.

VanEck to Invest in Early Stage Ventures Including Crypto With New $30M Fund

Global investment management firm VanEck is expanding its venture capital presence with the launch of a new fund focused on fintech, digital asset or artificial intelligence (AI) companies in pre-seed or seed stages, it announced Wednesday.

First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.