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Stephen Alpher @ CoinDesk 1 place · 06/07/2024 14:55 EDT

Big Friday Crypto Selloff Pulls Bitcoin Below $70K

Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto. Read more

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CoinDesk
Daniel Kuhn @ CoinDesk 2 place · 06/07/2024 14:26 EDT

Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI

The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview. Read more

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CoinDesk
Krisztian Sandor, Stephen Alpher @ CoinDesk 1 place · 06/07/2024 13:15 EDT

GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream

Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week Read more

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CoinDesk
Will Canny @ CoinDesk · 06/07/2024 10:07 EDT

Customers Bank Said to Debank Some Digital Asset Hedge Funds

The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said. Read more

0

CoinDesk
Stephen Alpher @ CoinDesk · 06/07/2024 08:37 EDT

U.S. Added 272K Jobs in May, Blowing Past Estimates; Unemployment Rate Rises to 4.0%

Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy. Read more

2

CoinDesk
Will Canny @ CoinDesk · 06/07/2024 08:02 EDT

Robinhood’s Bitstamp Deal is Strategic and Brings Added Institutional Exposure: Bernstein

The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said. Read more

0

CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 06/07/2024 07:54 EDT

First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K

The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

2

CoinDesk
Omkar Godbole @ CoinDesk · 06/07/2024 05:45 EDT

Bitcoin Could Lift to $83K in the Coming Days, Analyst Says

The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations. Read more

17

CoinDesk
Shaurya Malwa @ CoinDesk · 06/07/2024 04:21 EDT

RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds

A new market on betting application Polymarket has seen over $120,000 placed on Keith Gill making 10 figures on his GameStop equity and options holdings. Read more

1

CoinDesk
Shaurya Malwa @ CoinDesk 3 place · 06/07/2024 02:40 EDT

Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks. Read more

20

CoinDesk
Cheyenne Ligon @ CoinDesk 3 place · 06/06/2024 21:59 EDT

Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release

A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a Nigerian prison, Axios reported Thursday evening. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 06/06/2024 17:55 EDT

GameStop-Inspired Solana Memecoin Soars Over 80% as Roaring Kitty Flashes $586M Worth of GME Position

Shares of GameStop closed the Thursday session 47% higher as the retail trading fame provided an update of his position and announced a livestream for Friday. Read more

50

CoinDesk
Sam Reynolds @ CoinDesk · 06/06/2024 17:00 EDT

U.S. Charges Three in Connection With Evolved Apes NFT Scam

Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 06/06/2024 16:43 EDT

Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs

Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price. Read more

0

CoinDesk
Cheyenne Ligon @ CoinDesk · 06/06/2024 16:37 EDT

NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that predominantly targeted Haitian immigrants to the U.S. Read more

0

CoinDesk
Aoyon Ashraf, Sam Reynolds @ CoinDesk · 06/06/2024 15:54 EDT

Bitcoin Mining Stocks Soar Amid Takeover Frenzy

The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts. Read more

0

CoinDesk
Ian Allison @ CoinDesk · 06/06/2024 13:38 EDT

Kraken Said to be Raising Over $100M Pre-IPO Funding: Bloomberg

Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported. Read more

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29.11.2024 21:54
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