“Altcoin investors need to keep the faith. It’s tough out there, but the underperformance of alts vs. bitcoin has been difficult,” Charlie Morris, founder of ByteTree, wrote in the report. “The good news is that positioning is light, and so when the good times return, there is the potential for yet another strong altcoin rally.” Source
Category: ICO
Action taken against Labour Party for failing to respond to requests for personal information on time
We have issued a reprimand to the Labour Party for repeatedly failing to respond to people who asked what personal information the party held on them – known as a subject access request (SAR). In November 2022, the Labour Party had received 352 SARs that required a response. Of that number, 78% had not received a response within the maximum compulsory time limit of three months, and over half (56%) were significantly delayed by over one year. The backlog of SARs developed following a cyber-attack on the Labour Party in…
Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools
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…
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders
“Yes” shares for “Will Trump debate Kamala on Sept. 10?” were trading at 84 cents midday Tuesday in New York, indicating the market sees an 84% chance he will go through with it. The bets are written into a smart contract on the Polygon blockchain: Each share pays out $1 (in USDC, a stablecoin, or cryptocurrency that usually trades 1:1 for dollars) if the prediction comes true, and zilch if not. Source
BTC Mining Is So Rough Marathon Digital (MARA) Adopted MicroStrategy’s (MSTR) Successful Path
Nishant Sharma, founder of BlocksBridge Consulting, a research and communications firm dedicated to the mining industry, agrees with Marathon’s BTC accumulation strategy. “With bitcoin mining hashprice at record lows, companies must either diversify into non-crypto revenue streams like [artificial intelligence or high-performance computing] or double down on bitcoin to capture investor excitement around an anticipated crypto bull market, similar to MicroStrategy’s approach,” he said. Source
Trump Releases Fourth Drop of His NFT Trading Cards
This time around, Trump’s fourth collection will offer high-rollers a piece of the candidate’s suit from his debate with President Joe Biden, according to a post on social media platform Truth Social. People who spend $24,750 on the cards will also get access to Trump sneakers, Trump cocktails and dinner at Trump National Golf Club in Jupiter with Trump. Source
Bitcoin (BTC) Options Coming to Nasdaq
“This collaboration further combines the innovative crypto landscape with the resiliency and reliability of traditional securities markets and would mark a significant milestone for expanding the maturation of the digital assets market,” said Greg Ferrari, Vice President and Head of Exchange Business Management at Nasdaq. Source
New Zealand to Put OECD Crypto Tax Framework in Place by April 2026
New Zealand-based crypto-asset service providers will have to collect information on users’ transactions starting April 1, 2026. Source
The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
The report adds that the amount of centi-millionaires, individuals with assets of over $100 million, has increased 79% to 325. Bitcoin was the largest contributor to the rise in billionaires, with five of the six billionaires becoming so through bitcoin investment. Source
Bitcoin (BTC) Mining Sector Is in a Consolidation Phase: Architect Partners
Still, hostile M&A can be tricky, the report cautioned, and such deals are unusual in technology and financial services business which rely on the talent of people. “However, bitcoin mining is very different where physical facilities with access to electricity and widely available computing equipment are the core assets.” Source