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Krisztian Sandor @ CoinDesk · 09/05/2024 14:09 EDT

Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows

Cryptocurrencies continued their weak trading as recession fears weighed on risk assets ahead of Friday's key jobs data report. Read more

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CoinDesk
Cheyenne Ligon @ CoinDesk · 09/05/2024 13:59 EDT

Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI

Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday Read more

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CoinDesk
Kai Siefert @ CoinDesk · 09/05/2024 13:47 EDT

We Need DePIN to Get to Net-Zero Emissions

To achieve the net-zero goal ASAP, we must find a way to actively integrate end consumers into the energy market. The answer is Decentralized Physical Infrastructure Networks, says Kai Siefert, founder and CEO of Combinder, a user-owned distributed energy network. Read more

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CoinDesk
Stephen Alpher @ CoinDesk · 09/05/2024 11:37 EDT

Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points

The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate. Read more

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CoinDesk
Daniel Cawrey @ CoinDesk · 09/05/2024 11:34 EDT

Telegram Is Driving Crypto Adoption, Despite Bad News

Telegram's crypto adoption story via TON may be its lasting mark in 2024 despite recent news leaving many with a negative impression, says Daniel Cawrey, a former CoinDesk journalist who is now chief strategy officer of Tonkeeper, a non-custody wallet app for The Open Network (TON) ecosystem. Read more

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CoinDesk
Ilan Solot, Sarah Morton @ CoinDesk · 09/05/2024 11:00 EDT

Crypto for Advisors: Bitcoin and Gold, Stores of Value

The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept. Read more

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CoinDesk
Will Canny @ CoinDesk · 09/05/2024 10:24 EDT

Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources

The company received takeover interest from a potential investor while conducting a Series B funding round. Read more

0

CoinDesk
Camomile Shumba @ CoinDesk · 09/05/2024 10:14 EDT

French President Macron Names Michel Barnier as Prime Minister

The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K. Read more

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CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 09/05/2024 09:44 EDT

CoinDesk 20 Performance Update: Heavy Losses in APT and MATIC Lead the Index Lower

Aptos fell 5.1% while Polygon dropped 4.1% as the Coindesk 20 trends downward. Read more

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CoinDesk
Oliver Knight @ CoinDesk · 09/05/2024 08:11 EDT

EigenLayer to Distribute 86M Tokens to Stakers, Node Operators

Restaking protocol EigenLayer said it will distribute 86 million EIGEN tokens, around 5% of the total supply, to stakers, node operators, ecosystem partners and community members. Read more

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 09/05/2024 08:11 EDT

First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Omkar Godbole @ CoinDesk · 09/05/2024 05:27 EDT

Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk

The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData. Read more

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CoinDesk
Danny Nelson @ CoinDesk · 09/04/2024 21:59 EDT

Robinhood's Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California

Robinhood's crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California. Read more

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CoinDesk
Helene Braun, Jesse Hamilton @ CoinDesk · 09/04/2024 18:01 EDT

Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says

A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 09/04/2024 17:23 EDT

Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank

The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network. Read more

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