Bitcoin volatility looks cheap as $10 billion options settlement nears
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Home / Technology
Technology
Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
The investment bank said bitcoin's renewed sell-off was driven by a hawkish shift in Federal Reserve expectations, sustained outflows from U.S. spot bitcoin exchange-traded funds (ETFs), a confidence shock following Str…
Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division
The $1.7 trillion asset manager Franklin Templeton is establishing a new dedicated active crypto investment management arm through acquisition of 250 Digital.
Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator
As bitcoin trades near its 200-week moving average, a long-term support indicator currently sitting around $62,400, investors are closely watching whether the level can hold. If the 200WMA breaks, attention is likely to…
Strategy's STRC slump prompts Terra comparisons that don't hold up, says analyst
Strategy's preferred stock STRC slid to record lows over the past week, and the fall has revived a comparison to Terra's UST, the stablecoin whose collapse erased about $40 billion in 2022.
Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations
Tanya Denisova, the former chief operating officer of Robinhood Crypto, has joined stablecoin issuer Agora as head of operations, according to a Tuesday blog post by Agora's CEO and co-founder Nick van Eck.
Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger
Former bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with its 2023 merger with U.S. Bitcoin Corp. (USBTC).
Crypto market drops as Nasdaq tech selloff spills into digital assets
The selloff follows Monday's downturn in technology stocks, with another day in the red foreshadowed by Nasdaq 100 futures, which have cratered by 2.5% since midnight.
Ripple targets EU, wins preliminary MiCA approval from Luxembourg financial regulator
Ripple, the blockchain company behind the XRP Ledger, is on its way to regulatory approval in the European Union (EU) via licensing in Luxembourg.
Live updates: An 'altcoin season' signal flashed, but bitcoin's slide is what set it off
A widely watched indicator has flipped to "altcoin season," for the opposite reason the label suggests. Glassnode's Altcoin Cycle Signal, which reads above 50 when alternative coins, or alts, outperform bitcoin, has cli…
Trump signs orders to build a quantum computer and protect against the one that could break encryption
The U.S. government wants to build a quantum computer – the ultra-fast machine that could theoretically break the Bitcoin
Ric Edelman says crypto’s biggest growth story is happening off the price chart
Latest developments: Edelman argues investor sentiment and industry fundamentals are moving in opposite directions.
Securitize and tZERO clash over patents as race to bring Wall Street onchain heats up
Two of the biggest companies in the tokenization space are heading toward a legal showdown over intellectual property just as the industry they helped create begins to seriously court institutional investors on Wall Str…
U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC
Thanks to the newly passed U.S. Senate housing affordability bill, the Federal Reserve may be heading toward a formal ban from instituting a digital dollar in the form of a central bank digital currency (CBDC), despite …
Ether’s biggest corporate holders back new Ethereum research hub
A group of former Ethereum Foundation researchers have started a new nonprofit research and development organization backed by some of ether's largest corporate holders, as the Ethereum ecosystem undergoes a major organ…
Anchorage aims to bring banks onchain with new tokenized deposit platform
Federally chartered crypto bank Anchorage Digital is rolling out infrastructure that allows banks to issue tokenized deposits, joining a growing effort by financial institutions to bring traditional bank money onto bloc…
Crypto's second U.S. lobbying front — tax policy — sees industry push on mining, staking
Top U.S. crypto lobbying groups united to ask that the U.S. House of Representatives embrace a bill that gives digital assets miners and recipients of staking rewards an option for deciding when to take a tax hit on the…
Ethereum Foundation talent exodus sparks fresh debate over leadership
The Ethereum community is once again debating the future of the Ethereum Foundation (EF) after co-executive director Hsiao-Wei Wang announced she would step down from her leadership role, the latest in a growing list of…
As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally
Despite the green shoots among the majors, the broader market has yet to follow suit. The CoinDesk 20 Index (CD20) remains slightly lower over 24 hours. Still, smaller outliers like DEXE and BEAT jumped of 8% and 5%.
Geopolitical relief meets the Warsh Fed: Crypto Week Ahead
Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.
Strategy added $35 million in bitcoin, $300 million in cash reserves last week
Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin and $300 million in cash to its balance sheet.
TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY
Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant BNY, the companies said on Monday.
Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring'
The largest Ethereum treasury company is still buying ether (ETH) but it has slowed its pace as it nears the goal to accumulate 5% of the second-largest crypto's supply.
Taiko halts its Ethereum layer 2 network after a bridge exploit, token dives 10%
Taiko, an Ethereum Layer 2 network that processes transactions off the main chain and settles them back to it, halted block production and told users to pull their funds after an attacker exploited its bridge earlier Mo…