Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Day: September 12, 2024
EToro Reaches Settlement With SEC, Will Limit Trading to Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH)
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Ripple’s XRP Rises 8% on Grayscale Trust News
“We believe Grayscale XRP Trust gives investors exposure to a protocol with an important real-world use case,” said Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary in a press release. “By facilitating cross-border payments that take just seconds to complete, XRP can potentially transform the legacy financial infrastructure.” Source
First DAO on Bitcoin Layer-2 Rootstock Unveiled
The so-called build-on-Bitcoin trend first came to prominence in early 2023 with the Ordinals protocol, which introduced a Bitcoin version of non-fungible tokens (NFTs). This has since continued with the provision for memecoins and other fungible tokens on the Runes protocol, while the BitVM computing paradigm has opened the door to facilitating smart contracts on Bitcoin. Original
Market Analyst Sees A 250% Rally For BinaryX (BNX) And Mpeppe (MPEPE) Which Will Push Them Higher In The Top 100
Este artículo también está disponible en español. Cryptocurrency investors are gearing up for a massive opportunity as market analysts predict a 250% rally for BinaryX (BNX) and Mpeppe (MPEPE). These two rising stars in the crypto world are expected to climb higher in the top 100 rankings, offering significant returns for holders. With both projects making waves in the gaming and gambling industries, their potential for explosive growth is attracting attention from investors and analysts alike. BinaryX (BNX)’s Continued Dominance in GameFi BinaryX (BNX) has become a major player in…
Crypto Bank Anchorage Digital Takes on Custody for ARK 21Shares Bitcoin ETF (ARKB)
“Anchorage Digital Bank N.A. is pleased to further broaden access to crypto as a custodian selected for 21Shares’ U.S. spot ETF lineup,” said Nathan McCauley, the bank’s co-founder and CEO, in a statement. “Our federal charter — which supersedes state-by-state regulation and positions us as a qualified custodian — makes us a natural choice for ETF custody diversification.” Source
Why A 1,710% Surge Is On The Horizon
Este artículo también está disponible en español. AAVE has been one of the altcoins that have seen a recovery in both volume and price over the last week. This comes with a jump in positive sentiment associated with the DeFi token, enabling bulls to reclaim control of the price once more. With this positive sentiment proliferating for the AAVE price, a pseudonymous crypto analyst who goes by Persis10t on TradingView has forecasted a rather bullish future for the cryptocurrency. AAVE Breaks Out Of Triangle Pattern According to the analysis shared…
Wrapped Bitcoin Market Heats Up as Coinbase’s cbBTC Goes Live
Several DeFi services are expected to offer support for cbBTC from Thursday, Coinbase said, including exchanges Aerodrome and Curve, lending applications Aave, Sky Protocol, Compound, real-world assets provider Maple and cross-chain bridges such as deBridge, among others. Source
Here’s How Bitcoin Prices Could be Affected as BTC Mining Difficulty Hits New Record
“Over the long-run, miners deal with rising difficulty levels by upgrading the equipment and/or pursuing other cost rationalization measures (e.g. seeking cheaper electricity cost, etc). Historically, when you average it out, BTC price showed no meaningful correlation with this particular variable,” Chung said. Original
Bitcoin Tops $58K After U.S. Tech Stocks Rise
Bitcoin rose above $58,000 on the back of a rally in U.S. technology stocks. U.S. inflation data on Wednesday seemed to solidify the prospect of a 25 basis-point interest-rate cut by the Fed this month, following which Nvidia, Microsoft, Google and Apple all registered gains. BTC is currently priced just above $58,000, 2.4% higher in the last 24 hours, while the broader crypto market has risen about 2.2%, as measured by the CoinDesk 20 Index. However, bitcoin ETFs’ inflow streak was halted after just two days, registering outflows of $43…