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   Business News    Business News   Business News

  Posted by u/ 7 months ago

25th Amendment simplified: what it is, what it does, who can invoke it

Republicans have called for an investigation into the potential of invoking the amendment to remove President Joe Biden.

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  Posted by u/ 7 months ago

Kaspa price surges 20%, Bitbot unveils revolutionary Telegram trading bot

Kaspa (KAS) price surges 20%, eyeing a $3 target amid bullish momentum and fair launch. Bitbot unveils the world’s first Telegram self-custodial trading bot, empowering users. BITBOT token presale offers a strategic investment opportunity. In the dynamic world of cryptocurrency, Kaspa (KAS) and Bitbot are making waves with significant developments. Kaspa, after a recent surge […]

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  Posted by u/ 7 months ago

Bitget Wallet Enhances BTC Ecosystem Support with ARC-20 Inscription and Lightning Network Integration

Victoria, Seychelles, February 8th, 2024, Chainwire The world-leading Web3 trading wallet, Bitget Wallet, has announced the support of ARC-20 inscriptions and integration of the Bitcoin Lightning Network in its latest version, further bolstering its support for the Bitcoin ecosystem. ARC-20 Inscription In its latest app version, Bitget Wallet now supports ARC-20 inscriptions, enabling users to […]

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  Posted by u/ 7 months ago

Cardano?s ADA plots bullish patterns amid 25% Altsignals ASI staking rewards

28,989,117 out of 30,000,000 ASI tokens have been staked in the 25% staking reward program. The ASI token grants holders Lifetime memberships, AI Members Club, and community-led governance within the AltSignals ecosystem. Cardano (ADA) plots a descending triangle pattern. In a groundbreaking move, AltSignals, a prominent player in the trading signals arena since 2017, is […]

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  Posted by u/ 7 months ago

Ronin Outpaces Solana to Grab Top 3 Daily Active Users; This GameFi Token Will Dominate Industry

If you’re tuned into the crypto scene, you might have heard the buzz surrounding Ronin lately. Ronin has surged ahead, surpassing Solana to claim a spot in the top three for daily active users. Meanwhile, Galaxy Fox is emerging as a formidable contender in the GameFi space, poised to dominate the industry with its innovative […]

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  Posted by u/ 7 months ago

Montenegro Court of Appeal revokes Do Kwon?s extradition again

Montenegro Court revokes Do Kwon’s extradition, citing procedural violations. Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro sentence. US SEC trial postponed, hinting at legal manoeuvres amidst extradition proceedings. In a significant turn of events, the Court of Appeals in Montenegro has revoked the decision to extradite Do Kwon, the co-founder of […]

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  Posted by u/ 7 months ago

Ethereum pumps after Ark Invest and 21Shares? spot Ethereum ETF application amendment

ETH price surged post-Ark Invest, 21Shares ETF amendment. Amendment aligns spot ETH ETF with cash creation and redemption model akin to spot Bitcoin ETFs. The introduction of ETH staking in amended filing remains uncertain pending regulatory approval. Ethereum’s native token, ether (ETH), experienced a surge in price, reaching $2,457 before retracing to the current price […]

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  Posted by u/ 7 months ago

B2C2 Gains Luxembourg Virtual Asset License as EU's Crypto Rules Set to Kick In

The liquidity provider is expanding to Luxembourg in a bid to widen its EU presence six months after gaining a license to operate in France.

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  Posted by u/ 7 months ago

Whales Grab $50M of Chainlink?s LINK as Price Climbs 40% in a Month

LINK is one of the year's top-performing tokens, driven largely by hype around the tokenization of real-world assets.

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  Posted by u/ 7 months ago

Crypto Crime Could Mean Jail for Life in South Korea

The new consumer protection rules will take effect in July 2024.

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  Posted by u/ 7 months ago

Rollup Platform Dymension?s DYM Reaches $5.2B Valuation After Botched Start

As of Wednesday morning, validator ?Big Brain Staking? holds over 35% of staked DYM tokens ? attracting criticism from DYM holders for its large network influence.

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  Posted by u/ 7 months ago

Ethereum's Dencun Upgrade Reaches Final ?Holesky? Testnet, Starting Countdown to Data 'Blobs'

The test simulated ?proto-danksharding,? a technical feature aimed at reducing the cost of transactions for rollups as well as making data availability cheaper.

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  Posted by u/ 7 months ago

First Mover Americas: BlackRock?s ETF Demand Ranks Among Top 5

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 7, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 7 months ago

Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product

Prometheum Inc. ? still standing alone as the only U.S.-registered crypto securities platform ? has disclosed that the first digital asset it'll handle for clients will be ether {{ETH}}.

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  Posted by u/ 7 months ago

Vibe Check: Coiling the Spring: CoinDesk Indices' Todd Groth

Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.

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  Posted by u/ 7 months ago

CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval

The total derivatives trading volume on CME rose 35% in January to $94.9 billion, the highest since October 2021.

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  Posted by u/ 7 months ago

Social App Friendzone to Start Operations on Polygon Network This Month

Friendzone was built by early team members from Band Protocol, Synthetix and Koinly and targets the social application space.

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  Posted by u/ 7 months ago

Farcaster's Dan Romero Explains How 'Frames' Did What X (Twitter) Doesn't

The decentralized social network Farcaster is enjoying a breakout after last week's introduction of "Frames" ? a new feature that could attract attention from developers and, eventually, mainstream users. CoinDesk's Jenn Sanasie sat down with co-founder Dan Romero in an exclusive interview.

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  Posted by u/ 7 months ago

Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report

Former CEO Jamie Leverton is succeeded by president Asher Genoot.

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  Posted by u/ 7 months ago

Diversifying Stability: Stablecoins Finding Home Beyond the Greenback

Following the success of Tether and USDC, a generation of stablecoins are offering new features for investors and holders, says Scott Sunshine, Managing Partner of Blue Dot Advisors.

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  Posted by u/ 7 months ago

Forget ETFs, Let?s Work on Tokenizing the Whole Value Chain

?Tokenization? ? the biggest buzzword in crypto markets currently ? means not just bringing new digital assets on-chains, but, in the future, originating and settling them on-chain as well.

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  Posted by u/ 7 months ago

Are Airdrops Effective Marketing?

Everyone likes getting something for nothing, but distributing tokens is only worthwhile if it also attracts longterm builders and users rather than just momentary buzz.

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  Posted by u/ 7 months ago

Crypto Trading Hits Busiest Pace Since June 2022

January saw higher spot trading volume on centralized exchanges amid the approval of spot bitcoin ETFs in the U.S.

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  Posted by u/ 7 months ago

Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing

The updated S-1 document brings the spot Ethereum ETF application more "in line" with the recently approved spot BTC ETF prospectus, one analyst noted.

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  Posted by u/ 7 months ago

MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs

MicroStrategy (MSTR), the software firm whose executive chairman is bitcoin maximalist Michael Saylor, reported weaker-than-expected fourth quarter earnings on Tuesday, but the majority of its conference call presentation focused on the crypto.

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  Posted by u/ 7 months ago

Investing in 'Gold' ? Via Bitcoin ? Is Cheaper Than Ever

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.

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  Posted by u/ 7 months ago

'Absolute Essentials of Ethereum' by Paul Dylan-Ennis: An Excerpt

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  Posted by u/ 7 months ago

The Protocol: Solana's Missed Moment, Exclusive Farcaster Q&A, Bullish Year of Dragon

Even in a slow week ahead of the Chinese New Year, there's a lot of crypto news to cover. Here's this week's The Protocol, CoinDesk's weekly newsletter devoted to blockchain tech.

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  Posted by u/ 7 months ago

DeFi Shouldn't Have to Worry About the SEC?s Expanded Broker Rule

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  Posted by u/ 7 months ago

Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains

BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.

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  Posted by u/ 7 months ago

Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business

The company, backed by the owner of the NYSE, was introduced in 2018 with the initial goal of helping Starbucks customers buy coffee with bitcoin.

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  Posted by u/ 7 months ago

NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says

Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.

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  Posted by u/ 7 months ago

BlackRock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan

GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.

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  Posted by u/ 7 months ago

Thai SEC Files Charges Against Former Zipmex Thailand CEO

The Securities and Exchange Commission found that the companies customer assets were transferred overseas before an announcement was made.

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  Posted by u/ 7 months ago

Activist DAO Investor Pivots to Building a Company

Diogenes Casares' new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange.

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  Posted by u/ 7 months ago

First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 7 months ago

Do Kwon Wins Second Chance to Appeal Extradition From Montenegro

The appeal is a minor victory for Kwon, who initially won an appeal in November only for it to be subsequently overturned.

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  Posted by u/ 7 months ago

Protocol Village: Web3 Security Firm FuzzLand Raises $3M Led by 1kx

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.

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  Posted by u/ 7 months ago

Ethereum Developers Target March 13 for Milestone 'Dencun' Upgrade on Mainnet

The timing for the long-awaited Dencun upgrade, with its much-touted "proto-danksharding" feature, was announced Thursday on a call with top developers for the Ethereum blockchain.

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  Posted by u/ 7 months ago

Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries

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  Posted by u/ 7 months ago

Bitcoin Breaks Above $45K, Traders Predict a Possible $50K Push

The cryptocurrency last traded above $45,000 on Jan 11.

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  Posted by u/ 7 months ago

Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research

Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research's Markus Thielen said.

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  Posted by u/ 7 months ago

Crypto for Advisors: Bitcoin as a Building Block for Portfolios

A practical, unbiased, and proven approach could classify bitcoin as another building block in institutional investors' portfolios.

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  Posted by u/ 7 months ago

Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

The recently launched spot bitcoin ETFs, excluding Grayscale's GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January.

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  Posted by u/ 7 months ago

Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin

The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon?s newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum itself,? Polygon said.

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  Posted by u/ 7 months ago

Layer-2 Blockchain Developer StarkWare Plans ?Cairo? to Verify Layer-3s

Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum?s mainnet.

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  Posted by u/ 7 months ago

Bitcoin Mining and the Politicization of a Once Reputable Federal Agency

The Department of Energy's statistics wing is feigning an "emergency" to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.

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  Posted by u/ 7 months ago

U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case

The U.S. Securities and Exchange Commission's admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler.

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  Posted by u/ 7 months ago

JPMorgan Survey Shows Over Half of Institutional Traders Don't Want Crypto Exposure

The bank?s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.

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  Posted by u/ 7 months ago

Solana Gains More Than Bitcoin as Trader Speculates an 'Extreme Move' Is Ahead

The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.

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