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Nikhilesh De @ CoinDesk 1 place · 08/30/2024 20:30 EDT

A U.S. Crypto Bill's 2024 Chances

Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024. It was a bold promise, one that on first blush seems like a hard pledge to fulfill. Read more

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CoinDesk
Cheyenne Ligon @ CoinDesk 1 place · 08/30/2024 12:45 EDT

Crypto Holders Disproportionately Favor Trump for U.S. President, New Academic Poll Shows

Former U.S. President Donald Trump’s efforts to court the cryptocurrency industry this election cycle seem to be paying off, according to the results of a new poll from Fairleigh Dickinson University. Read more

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CoinDesk
Stephen Alpher @ CoinDesk 1 place · 08/30/2024 11:54 EDT

Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement

It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss. Read more

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CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 08/30/2024 09:51 EDT

CoinDesk 20 Performance Update: LTC and BCH Lead as Index Gains 0.4%

Litecoin gained 2.4% while Bitcoin Cash rose 2% in overnight trading. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/30/2024 08:12 EDT

First Mover Americas: BTC Little Changed, on Course to End August Down 8%

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/30/2024 06:53 EDT

Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 08/30/2024 05:17 EDT

Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation

In 2022, a group of investors alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk 3 place · 08/30/2024 03:46 EDT

Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time

U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market. Read more

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CoinDesk
Camomile Shumba, Amitoj Singh @ CoinDesk · 08/30/2024 03:20 EDT

Russia Is About to Try Using Crypto to Get Around Sanctions

Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk. Read more

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CoinDesk
Jesse Hamilton @ CoinDesk · 08/29/2024 17:48 EDT

U.S. House Committee Plans for Heap of Crypto Hearings in September

The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets businesses and the implications of "pig butchering" scams. Read more

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CoinDesk
Cheyenne Ligon @ CoinDesk · 08/29/2024 17:38 EDT

Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal

Ryan Salame, the former FTX executive sentenced to 7.5 years in prison in May, has withdrawn a legal request to a New York court asking that the conditions of his plea deal with prosecutors be enforced or that his plea be thrown out and his sentence vacated. Read more

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CoinDesk
Danny Nelson @ CoinDesk · 08/29/2024 15:08 EDT

Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says

World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata. Read more

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CoinDesk
Maksim Balashevich @ CoinDesk · 08/29/2024 13:18 EDT

Beating the Bots: In Defense of Human Traders

As bots come to dominate trading on DEXs, a new price prediction platform allows human traders to demonstrate what they are good at, says Maksim Balashevich, the founder of Santiment. Read more

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CoinDesk
Cheyenne Ligon @ CoinDesk · 08/29/2024 12:34 EDT

Trump Keeps Teasing His New Crypto Project, but Details Remain Scant

The Trump family has for weeks loudly – but coyly – said they're getting into crypto. More information might finally be coming soon. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 08/29/2024 12:27 EDT

El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags

El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME. Read more

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CoinDesk
Margaux Nijkerk @ CoinDesk · 08/29/2024 11:00 EDT

Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff

Company officials told CoinDesk this was its biggest acquisition to date, bringing on 42 developers and engineers from the Bware team and increasing Alchemy's headcount to 210. Read more

1

CoinDesk
Brian Frye @ CoinDesk · 08/29/2024 10:23 EDT

Art Is Not a Security

NFTs “expose the incoherence of the SEC’s understanding of what it’s authorized to regulate,” says law professor Brian L. Frye, following news yesterday that the SEC has issued a Wells notice against OpenSea, claiming the NFT platform has violated securities law. Read more

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26.11.2024 14:47
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