News from CoinDesk

Where the Demand Comes From as Bitcoin Breaks Through $82K: Van Straten

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James Van Straten @ CoinDesk · 11/11/2024 06:16 EDT

As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from. Read more ›

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Nansen Expands to Bitcoin Layer 2, Will Provide Analytics for Bitlayer

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Jamie Crawley @ CoinDesk · 11/11/2024 06:14 EDT

Nansen aims to pave the way for more efficient decision-making in the Bitcoin layer 2s empowered by the deeper insights its data and analytics provide Read more ›

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Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

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Callan Quinn @ CoinDesk · 11/11/2024 05:12 EDT

The suit also links him to organized crime in Eastern Europe and terrorist groups. Read more ›

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Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham

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Shaurya Malwa @ CoinDesk · 11/11/2024 01:48 EDT

Trustees transferred over 30,000 BTC from “1FG2C…Rveoy” to “1Fhod…LFRT,” a new wallet, and $200 million to a Mt. Gox cold wallet. Read more ›

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Bitcoin Nears $82K in Bullish Start to Week; Dogecoin Flips USDC

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Shaurya Malwa @ CoinDesk · 11/10/2024 23:17 EDT

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours. Read more ›

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Protocol Village: Blockstream Opens R&D Center in Lugano, Switzerland

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Bradley Keoun @ CoinDesk · 11/10/2024 23:00 EDT

Protocol Village: Blockstream Opens R&D Center in Lugano, Switzerland Read more ›

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Ethereum's ENS Identity System Set to Launch Own Layer-2 Blockchain

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Margaux Nijkerk @ CoinDesk · 11/10/2024 22:30 EDT

Namechain, as the layer-2 blockcain is called, will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025. Read more ›

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Solana Joins $100B Club, Hitting Nearly a Three-Year High Above $210

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Krisztian Sandor @ CoinDesk · 11/10/2024 13:10 EDT

The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted. Read more ›

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Dogecoin Flips XRP as Elon Musk-Linked Trade Keeps on Giving

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Shaurya Malwa @ CoinDesk 2 place · 11/10/2024 05:54 EDT

DOGE prices zoomed a further 14% on Sunday, pushing the token above XRP to make it the seventh-largest by market capitalization. Read more ›

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Cardano’s ADA Rockets 35% as Hoskinson Says He’s Helping U.S. Crypto Policy

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Shaurya Malwa @ CoinDesk · 11/10/2024 05:29 EDT

ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S. Read more ›

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Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated

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Shaurya Malwa @ CoinDesk · 11/10/2024 01:05 EDT

Weekend pumps are considered bullish because they indicate broad interest and participation from smaller investors rather than just institutional players. Read more ›

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As Bitcoin Eyes $80K, Futures Premium Soars and $1.6B Locked in Options Bet Points to Big Moves

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Omkar Godbole @ CoinDesk · 11/10/2024 00:55 EDT

As Bitcoin Eyes $80K, Futures Premium Soars and $1.6B Locked in Options Bet Points to Big Moves Read more ›

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Why Bitcoin Will Soar Above Its Fresh Record: Van Straten

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James Van Straten @ CoinDesk · 11/09/2024 10:56 EDT

Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues. Read more ›

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The Unique Way the Solana Trading Ecosystem Is Making Bank

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Tom Carreras @ CoinDesk · 11/09/2024 08:00 EDT

Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido. Read more ›

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Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut

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Omkar Godbole @ CoinDesk 3 place · 11/09/2024 03:42 EDT

Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut Read more ›

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Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going

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Krisztian Sandor @ CoinDesk 3 place · 11/08/2024 16:00 EDT

Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time Read more ›

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Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

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Krisztian Sandor @ CoinDesk · 11/08/2024 12:44 EDT

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. Read more ›

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Ethereum Foundation's Treasury Shrunk 39% Over 2 1/2 Years to $970M

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Margaux Nijkerk @ CoinDesk 3 place · 11/08/2024 11:54 EDT

TKTK Read more ›

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CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday

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CoinDesk Indices, Tracy Stephens @ CoinDesk · 11/08/2024 09:37 EDT

Polygon joined Cardano as a top performer, gaining 7.9%. Read more ›

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Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong

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Callan Quinn @ CoinDesk · 11/08/2024 08:30 EDT

The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong. Read more ›

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