Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S.

Trump Speaks Saturday at the Bitcoin Conference. Here's What Attendees Like 'The Crypto Patriot' Hope He Says

Bitcoin to Account for 7% of Global Wealth, Surge in Price to $13M in 21 Years: Michael Saylor

The Executive Chairman of MicroStrategy spoke Friday at Bitcoin 2024.

Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK

Rootstock verified the SNARK using BitVMX, which is Rootstock's modified version of BitVM

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says

FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.

Ledger Unveils Second New Wallet of 2024

"Ledger Flex", like the Stax wallet which launched in May, incorporates touchscreen technology to "redefine the experience of self-custody," CEO Pascal Gauthier said.

CoinDesk 20 Performance Update: RNDR's 12% Gain Leads as Index Rebounds

CoinDesk 20 Index jumped 4.4% fueled by RNDR's 12.6% rise and NEAR's 7.7% gain."

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore

Singapore's government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.

First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours

The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags

Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet.

Bitcoin Analysts Express Optimism as Price Nears Resistance Level That Stymied It in May

The Bitcoin mining hashrate, a leading indicator for bitcoin rallies, has improved, one observer said, explaining the bullish outlook.

BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch

AAVE is surging following a token buyback proposal.

U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin

The presidential candidate said he has most of his wealth in the digital asset.

Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto

The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First

Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck's Matthew Sigel said in an interview.

How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation

She may not be appearing at Bitcoin Nashville this year alongside Donald Trump. But, if elected president, Kamala Harris could reshape the U.S.'s policy on digital assets. Penn State Dickinson Law professor Tonya Evans sketches out what could (and should) be her agenda.

Staking in Ethereum ETFs Might Be a Question of When, Not If

The eight spot ether exchange-traded funds had a successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.

$GREED 2.0: A New Lesson in Crypto Avarice That Might Also Enrich the People It Dupes

Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein

Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

Billions of dollars worth of ether have been withdrawn from restaking protocols over the past month as the once-trendy sector starts to be hit by the fickle nature of crypto investors.

Protocol Village: ZK Proofs Arrive on Bitcoin, Former Dark Web Drug Kingpin Launches Crypto Startup

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.

Jito Releases Open-Source Restaking Service for Solana

The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

Crypto for Advisors: Making Sense of Crypto

As the momentum of the crypto and blockchain industry continues to grow, securities advisors are undoubtedly facing a greater number of questions from clients about specific crypto assets and the projects which underlie them. Evaluating these projects requires a thorough understanding of several crucial factors to ensure informed investment decisions.

CoinDesk 20 Performance Update: Broad-Based Decline Hits All 20 Assets, Sending Index Lower by 4.4%

The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6% drop in ETH.

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy

The miner holds over 20,000 bitcoin and plans to buy more in the open market.

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs

Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.

Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network

Indian City of Raipur Puts Real Estate Records on Blockchain With Airchains

Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto

India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation's junior Home Minister Nityanand Rai said to parliament on Wednesday.

Crypto-Friendly Revolut Finally Earns UK Banking License

Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions.

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Renewed expansion in stablecoins is bullish for the broader crypto market.

India to Release Its Crypto Policy Stance by September After Stakeholder Consultations: Report

India plans to put out a discussion paper outlining its policy stance on cryptocurrencies before September, according to Indian news outlet Moneycontrol citing an interview with Senior Finance Ministry Official Ajay Seth.

Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push

The company already runs nodes on multiple blockchain networks and is considering bitcoin mining plans, its web3 head revealed last month at a conference.

Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated

BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.

Ether Down Over 7.5% as ETHE Outflows Ramp Up

Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale's converted Ethereum Trust ETF posted a net outflow of over $800 million.

CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut

The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

The surging trading volumes helped the bank reach profitability for the first time.

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

Is Donald Trump Insulating Bitcoin’s Price From the Tech Stock Slide?

With bitcoin steady and tech stocks tanking, is this BTC’s decoupling moment? If so, former president Trump may be the reason, says CoinDesk’s senior analyst George Kaloudis.

The Evolving Efficiency of Bitcoin Markets

Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head of investment solutions at AMINA Bank.

Dispersion Is Defining the Current Crypto Market

The range of returns available across digital asset markets offers unique opportunities for investors, says Alex Botte, Partner at Hack VC, a crypto-native venture capital firm.

The Protocol: Ethereum ETFs Aren't Blockchain, but Buyers Ape In

As Bitcoiners descend on Nashville for a big annual conference, we're covering robust demand for new Ethereum spot exchange-traded funds (ETFs) and recapping the $230 million WazirX hack.

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday

Customers of the defunct crypto exchange lost their funds in a 2014 hack.

Bitcoin Rewards App Fold Eyes Nasdaq Listing Via $365M SPAC Deal

CoinDesk 20 Performance Update: XRP and NEAR Help Push Index Upward

XRP and NEAR lead today's CoinDesk 20 gains with 5.6% and 3.3% increases

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund

As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks.