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James Van Straten, Shaurya Malwa @ CoinDesk · 10/30/2024 05:51 EDT

Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?

The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset. Read more â€ș

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CoinDesk
Shaurya Malwa @ CoinDesk · 10/30/2024 01:27 EDT

Bitcoin ETFs Record $870M Inflows as BTC Flirts With Lifetime Highs

BlackRock’s IBIT recorded over $629 million in single-day inflows as the asset neared lifetime highs on Tuesday, ahead of next week’s U.S. elections. Read more â€ș

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CoinDesk
John Goldschmidt @ CoinDesk · 10/29/2024 19:18 EDT

Enterprises Need DePIN More Than DePIN Needs Enterprises

With the exception of the institutional asset RWA theme, most web3 segments struggle to convince enterprises to hop on board. DePIN is the next most logical beachhead where enterprises will be clamoring to get involved with digital assets, says Outlier Ventures' John Goldschmidt. Read more â€ș

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CoinDesk
Krisztian Sandor @ CoinDesk · 10/29/2024 17:28 EDT

Celestia's TIA Braces for Price Volatility Amid $900M Token Unlock

Token unlocking events usually weigh on prices, but multi-month reaccumulation, crowded shorts and bullish crypto prices could lead to a surprise rally, crypto analyst Will Clemente said. Read more â€ș

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CoinDesk
Krisztian Sandor @ CoinDesk · 10/29/2024 15:29 EDT

Bitcoin Tops $73.5K, Climbing Just Shy of New Record High

The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels. Read more â€ș

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CoinDesk
Danny Nelson @ CoinDesk · 10/29/2024 15:19 EDT

DYdX CEO Juliano Fires 35% of Workforce and Promises Pivot

"The company we’ve built is different from the company dYdX must be," said the CEO. Read more â€ș

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CoinDesk
Cheyenne Ligon @ CoinDesk · 10/29/2024 14:29 EDT

President Biden Thanks Nigerian President for Binance Exec’s Release: White House

U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan. Read more â€ș

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CoinDesk
Jesse Hamilton @ CoinDesk · 10/29/2024 12:51 EDT

Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion

The U.S. Treasury Department has a new strategy for financial inclusion to help people get access to the financial system, but the 35-page report references cryptocurrency only once – to tout Treasury's work on flagging the industry's hazards. Read more â€ș

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CoinDesk
Tom Carreras @ CoinDesk · 10/29/2024 11:02 EDT

Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms. Read more â€ș

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CoinDesk
Krisztian Sandor @ CoinDesk · 10/29/2024 11:02 EDT

Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements

AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails. Read more â€ș

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CoinDesk
Margaux Nijkerk @ CoinDesk · 10/29/2024 10:45 EDT

Optimism Foundation Agreed to Give Kraken $42.5M of OP Tokens in Layer-2 Deal

Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism's OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million. Read more â€ș

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CoinDesk
Helene Braun @ CoinDesk · 10/29/2024 09:56 EDT

Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’

“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post. Read more â€ș

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CoinDesk
Ian Allison @ CoinDesk · 10/29/2024 09:30 EDT

Binance Unveils 'Binance Wealth' for Elite Customers

The service is offered through the global Binance.com platform meaning there are restrictions for some jurisdictions, such as the U.S. Read more â€ș

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CoinDesk
Nikhilesh De @ CoinDesk · 10/29/2024 09:30 EDT

Privacy as a Fundamental Human Right

What role do privacy tools play in crypto, and how does this discussion develop? Those were some of the questions at a panel I moderated last week at the DC Privacy Summit. Read more â€ș

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 10/29/2024 08:13 EDT

First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge

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

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24.11.2024 14:45
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