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Marcin Kazmierczak, Sarah Morton @ CoinDesk · 06/06/2024 12:00 EDT

Crypto for Advisors: Layer 2s and the Evolution of Bitcoin

The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software. Read more

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CoinDesk
Helene Braun @ CoinDesk · 06/06/2024 11:35 EDT

Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War

Cathie Wood's Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 06/06/2024 11:00 EDT

Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock

Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 06/06/2024 10:55 EDT

Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report

The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported. Read more

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CoinDesk
Oliver Knight @ CoinDesk · 06/06/2024 09:54 EDT

The Sandbox Raises $20M at $1B Valuation, SAND Rises 4.5%

Metaverse platform The Sandbox has raised $20 million at a $1 billion valuation as it looks to enhance its user-generated multiplayer gaming platform. Read more

2

CoinDesk
Will Canny @ CoinDesk · 06/06/2024 09:35 EDT

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 06/06/2024 08:37 EDT

First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week's Rally

The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Ian Allison @ CoinDesk · 06/06/2024 08:33 EDT

Binance Resumes Mastercard Payments for Crypto

As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 06/06/2024 08:27 EDT

Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal

Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month. Read more

7

CoinDesk
Parikshit Mishra @ CoinDesk · 06/06/2024 08:25 EDT

Core Scientific Rejects CoreWeave's $1B Buyout Offer

Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin {{BTC}} miner for $5.75 per share significantly undervalues the firm. Read more

3

CoinDesk
Shaurya Malwa @ CoinDesk · 06/06/2024 07:37 EDT

Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered

Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note. Read more

7

CoinDesk
Shaurya Malwa @ CoinDesk · 06/06/2024 07:29 EDT

Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE

Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year. Read more

1

CoinDesk
Helene Braun @ CoinDesk · 06/06/2024 07:00 EDT

Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.

Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday. Read more

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CoinDesk
Camomile Shumba @ CoinDesk · 06/06/2024 04:05 EDT

Crypto Remains Sidelined as EU Election Kicks Off

The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU's landmark Markets in Crypto Assets legislation starts coming into effect. Read more

1

CoinDesk
Sam Reynolds @ CoinDesk · 06/05/2024 19:21 EDT

VanEck Sees Ether Hitting $22K by 2030

Ether's 2030 valuation is forecasted at $2.2 trillion, driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writes Read more

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CoinDesk
Cheyenne Ligon @ CoinDesk · 06/05/2024 18:03 EDT

Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi

Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 06/05/2024 16:45 EDT

Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

One market observer noted "very concentrated call buying" looking to profit from a rally to between $74,000 and $80,000 by the end of this month. Read more

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CoinDesk
Margaux Nijkerk @ CoinDesk · 06/05/2024 16:33 EDT

The Protocol: Another Episode in the Layer-2 Teams Drama

We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.” Read more

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CoinDesk
Jesse Hamilton @ CoinDesk · 06/05/2024 16:32 EDT

Advocacy Group 'Stand With Crypto' Says It's Exceeded One Million Signups

Stand With Crypto, a digital assets advocacy group backed by Coinbase Inc., said it signed up its first million members as of Wednesday. Read more

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29.11.2024 21:44
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