Ether funds registered $87 million in net inflows to break a five-week losing streak while bitcoin products added $1 billion. Source
Crypto Investment Products Saw $1.2B of Inflows Last Week, Most in 10 Weeks: CoinShares
Category: ICO
Zhu Guangyao, China’s Former Minister of Finance, Asks Beijing to Study Crypto Industry
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…
Binance Founder Changpeng ‘CZ’ Zhao Is a Free Man
Binance founder Changpeng “CZ” Zhao has been released from prison, according to the U.S. Bureau of Prisons (BOP). Source
Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday. Source
Bitcoin Price (BTC) Could Rise to $70K and Then Record High
Of particular interest, said Thielen, Circle’s USDC accounted for 40% of recent stablecoin inflows, a far higher share versus Tether’s USDT than is typical. It’s important, he said, as while USDT minting on TRON is typically associated with capital preservation, USDC minting could indicate a rise in DeFi activity. Source
U.K. Gambling Commission Charges Fantasy Sports Firm Sorare With Providing Unlicensed Gambling Facilities
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…
A memecoin frenzy is coming to BNB Chain, and FLOKI tokens are at the centre of it
With the bonding curve model, anyone can deploy a memecoin or a launchpad that supports this model for next to nothing (e.g., anyone can create a memecoin with GraFun with a few dollars or less), with zero developer experience and without having to make any form of commitment (liquidity, expensive token deployment costs, etc). Source
Bitcoin (BTC)’s ‘Outside Day’ Sets Stage for $70K Price, Altcoins Break Out: Technical Analysis
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…
Binance Founder Changpeng ‘CZ’ Zhao Could be Released on Friday
The U.S. Department of Justice’s Federal Bureau of Prisons rule states that “The Bureau of Prisons may release an inmate whose release date falls on a Saturday, Sunday, or legal holiday, on the last preceding weekday unless it is necessary to detain the inmate for another jurisdiction seeking custody under a detainer, or for any other reason which might indicate that the inmate should not be released until the inmate’s scheduled release date.” Source
Celestia’s TIA Posts Biggest Monthly Gain This Year Even as Impending $1.13B Token Unlock Spurs Hedging
The bias for shorts, likely stemming from the hedging activity, might have led to a “short squeeze,” contributing to the TIA rally. A short squeeze happens when the asset price remains resilient, contrary to expectations, forcing bears to close their positions, which are bets that an asset will drop. That, in turn, puts upward pressure on prices. Source