Bitcoin Futures Smash Through $100K Barrier on Deribit

BTC futures expiring in March, June and September 2025 trade at prices greater than $100,000, according to data source Deribit.

Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price

Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.

Bitcoin Crosses $97K, Continuing Wild ‘Trump Trade’ Rally

BTC traded above $95,900 in early Asian hours, less than 6% from a landmark $100,000 figure that would push it above a $2 trillion market capitalization.

SEC Distributes $4.6M to BitClave Investors

Some investors in defunct crypto startup BitClave will soon get their money back, plus interest, according to a Wednesday announcement from the U.S. Securities and Exchange Commission (SEC).

Is the Crypto Conference Circuit Good for Crypto?

Azeem Khan: When everyone is traveling the world, attending endless side-events, who is building and onboarding new customers?

Crypto Agents and Verifiable Systems Are the Future of Safe, User-Centric Tech

Rather than “giving power to the machines,” AI agents give users autonomy to handle complex processes, acting as reliable allies in an increasingly complicated and opaque digital landscape, says David Sneider, Co-founder of Lit Protocol.

Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership

The Subtle Way AI Data Centers Boost Bitcoin Mining Economics

The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.

The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs

Plus: What Zuck can teach DAOs about governance.

Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor

Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem.

Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules

Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.

DeFi’s Renaissance

Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.

Miners Going Nuclear: A Symbiotic Synergy

Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street, says Taylor Krystkowiak.

Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin

Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).

CoinDesk 20 Performance Update: ADA Gains 10.1% as Index Continues Higher

Stellar was also among the top performers, gaining 6.5% from Tuesday.

First Mover Americas: Bitcoin Hits New Highs as ETF Options Traders Go Degen

The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Memecoin Launchpad GraFun Expands to Ethereum to Clinch New Users

Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.

Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits

BlackRock’s IBIT was the first bitcoin ETF to launch with options tied to it. The rest of the pack is coming today.

MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap

MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap.

Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says

The broker raised its price target on the trading platform's stock to $51 from $30.

Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea

South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.

Crypto Exchange Archax to Offer Tokenized Money Market Funds from State Street, Fidelity International and LGIM

The tokenized assets will initially be made available on Hedera Hashgraph, XRPL and Arbitrum.

Mark Zuckerberg Could Teach DAOs Like Compound a Governance Lesson

Meta's Mark Zuckerberg Could Teach DAOs Like Compound a Governance Lesson

Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers

The bullish sentiment in the IBIT options is consistent with the noticeable activity in the $200,000 bitcoin call trading on Deribit.

Crypto Exchange Woo X Adds AI-Powered Trader ‘George AI’ to Its Copy Trade App

Woo X plans to invite bets on weekly copy trading competitions between the most copied human traders and George, the AI.

Coinbase Delists Wrapped Bitcoin wBTC, Citing 'Listing Concerns'

Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC

Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure

IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Here’s how they could impact the market.

Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC

Teresa Goody Guillén, a veteran of the U.S. Securities and Exchange Commission, is among the candidates president-elect Donald Trump is considering to lead the agency, people familiar with the situation said.

Rumble Stock Rises as CEO Teases Bitcoin Adoption

The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.

Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields

The protocol's rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth.

Bitcoin Makes New All-Time High of $94,000 as ETF Options Go Live

Spot bitcoin exchange-traded funds options are making solid volume on their first day.

Dueling 'Eliza' AI Tokens Boom and Zoom in Frenzied Trading

Power and profits took center stage in a confusing morning.

AI Agents Can Help Crypto Become the Currency of AI

But there’s a lot of work to do, says Jesus Rodriguez, CEO, IntoTheBlock

Howard Lutnick, Tether's Wall Street Banker, Is Trump's Pick for Commerce Chief, Not Treasury Secretary

President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering

The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.

CoinDesk 20 Performance Update: HBAR Gains 13.3%, Leading Index Higher from Monday

Render was also among the top performers, gaining 5.1%.

First Mover Americas: Options Coming to Bitcoin ETFs Is a Big Deal

The latest price moves in bitcoin (BTC) and crypto markets in context for November 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

After Binance's $4.3B Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules?

Bybit, Bitget and OKX combined have 877,000 daily active users in the U.S., data from Sensor Tower shows. It's unclear if they are just checking prices, or trading in violation of the rules.

Crypto Valley Exchange to Go Live in January With Cheap On-Chain Futures and Options Trading

The decentralized exchange for futures and options trading plans to go live on Arbitrum on Jan. 8.

Bitcoin Mining Economics Improved in the First Half of November: JPMorgan

The total market cap of the miners the bank tracks grew 33% since the end October, the report said.

MARA Holdings Upsizes Convertible Notes Offering by $150M Amid Overwhelming Investor Demand

The second-biggest publicly traded company holding bitcoin, MARA, is looking to purchase more from the estimated proceeds of $833 million.

Crypto Exchange Gemini Starts Up in France With EU's MiCA Laws Weeks From Kicking In

Companies registered in EU nations by year-end will be able to operate in those countries while they secure licenses under MiCA regulations that take effect at the end of the year.

Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report

Trump Media and Technology Group, which operates Truth Social, is nearing an all-stock deal to purchase Bakkt, a struggling crypto trading venue owned by Intercontinental Exchange.

Ethereum's Ether Has Fallen Out of Investor Favor and How

The market assigns a very low probability of ether challenging its year-to-date high of around $4,000 by the end of December.

Bitcoin at $100K No Longer a Dream Believe Traders, but Blow-Off Top Warning in Near Term

QCP traders expect a run to $100,000 — nearly 10% higher than the current record of over $93,000 — in the coming months, with those gains flowing into altcoins in a mark of a general “alt season.”

Decentralized AI Project Morpheus Goes Live on Mainnet

Like other decentralized AI networks, Morpheus seeks to curtail the negative side effects of AI, such as centralization, censorship, and data monopolies.

California Judge Puts the Kibosh on Kraken’s Interlocutory Appeal Attempt

A California judge has rejected Kraken’s motion for interlocutory appeal, saying in a Monday decision that allowing an appeal would only “delay resolution” of the U.S. Securities and Exchange Commission’s (SEC) ongoing case against the crypto exchange.

Spot Bitcoin ETF Options Could Start Trading as Early as Tomorrow

Options trading on spot bitcoin exchange-traded funds could become available as soon as Tuesday, according to Nasdaq.

Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree

It’s unclear whether the U.S. government has the authority to use seized bitcoin to constitute a strategic reserve.