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Jamie Crawley @ CoinDesk · 12/05/2024 06:14 EDT

USDC Issuer Circle Makes Layoffs as Part of Operations Review: Bloomberg

The job cuts amount to "less than 6% of Circle's workforce," according to a company spokesperson. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 12/05/2024 04:46 EDT

Market Makers May Keep Bitcoin Around $100K as Overheated Market Faces Pullback Risks

The hedging activity of options market makers may ensure BTC price stability amid risks from elevated funding rates Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 12/05/2024 04:30 EDT

Dogecoin Mining Turns Out Three Times More Profitable for This Bitcoin Miner

BIT Mining has made a whopping $100 million worth of DOGE on its Dogecoin mining operations, per a release. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 12/05/2024 00:37 EDT

Traders See Even More Bitcoin Buying Pressure as BTC Sets New Record at $103K

Spot BTC ETFs in the U.S. notched up $533 million in net inflows on Wednesday, data shows, with BlackRock’s IBIT crossing $50 billion in net assets for the first time. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 12/05/2024 00:16 EDT

Mt. Gox Moves $2.8B in BTC Amid Bitcoin's Surge Past $100K

Defunct exchange Mt. Gox moves billions in BTC to an unknown address, raising alarm on crypto social media. Read more ›

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CoinDesk
Krisztian Sandor, Stephen Alpher @ CoinDesk · 12/04/2024 21:46 EDT

Bitcoin Hits Major Milestone of $100K, Nears $2 Trillion Market Value

The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024. Read more ›

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CoinDesk
Mick Roche, Sarah Morton @ CoinDesk · 12/04/2024 19:13 EDT

Crypto for Advisors: 2025 Stablecoin Outlook

As representations of assets, such as a fiat currency, on the internet, stablecoins offer unmatched flexibility, speed, and availability — key factors driving their increasing adoption. Read more ›

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CoinDesk
Margaux Nijkerk @ CoinDesk · 12/04/2024 16:46 EDT

Ethereum's Justin Drake Sees No Threat From Solana, Says Its ‘Golden Era’ Will End

Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health." Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 12/04/2024 16:42 EDT

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors. Read more ›

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CoinDesk
Paul Brody @ CoinDesk · 12/04/2024 15:34 EDT

Why Corporates Will Default to Public Chains in the Future

Businesses used to prefer private chains. Here’s why the shift will happen, according to EY’s Paul Brody. Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 12/04/2024 15:28 EDT

Binance's BNB Hits Fresh Record, Breaks Out of 3-Year Range as Altcoin Rotation Accelerates

Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump's election victory promises a friendlier U.S. regulatory environment toward digital assets. Read more ›

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CoinDesk
Tom Carreras, James Van Straten, Krisztian Sandor @ CoinDesk · 12/04/2024 15:25 EDT

Ether Rises 8% Amid Slumping Bitcoin Dominance

Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk · 12/04/2024 13:14 EDT

Trump Names Former SEC Commissioner Paul Atkins as His Pick for Chair of the Agency

President-elect Donald Trump announced he would nominate Paul Atkins, a former SEC commissioner and current CEO of Patomak Global Partners, to run the SEC. Read more ›

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CoinDesk
Cheyenne Ligon @ CoinDesk · 12/04/2024 13:04 EDT

U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group

One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming. Read more ›

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CoinDesk
Jesse Hamilton @ CoinDesk · 12/04/2024 12:19 EDT

Congress' Most Prolific Crypto Trader Is a Georgia Trucking Operator

Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress. Read more ›

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CoinDesk
Glenn Rosenberg @ CoinDesk · 12/04/2024 12:07 EDT

MSTR vs. BTC

After the election, bitcoin's price soared to nearly $100,000, causing MicroStrategy's stock to also rise to over $500 before recently experiencing a significant drop due to short selling concerns, prompting an investigation into potential market opportunities between owning MSTR and BTC, says Glenn Rosenberg. Read more ›

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