Author: Coindesk
Bitcoin hovered around the $70,000 mark during the European morning, a slight drop following Tuesday’s rally to as high as $71,400. BTC is currently priced at $70,069, around 1.6% lower over 24 hours. The CoinDesk 20 Index (CD20), offering a measurement of the broader digital asset market, fell about 0.5%. BlackRock’s spot bitcoin ETF (IBIT) recorded over $290 million in inflows on Tuesday, its highest one-day figure since April 5 and nearly three times the previous high this month: $93 million on May 16. As a whole, ETFs took on nearly $300 million in net inflows on Tuesday. Read the…
“Lyra options markets are implying a ~20% chance of ETH reaching $5,000 by June 28,” Nick Forster, Lyra’s founder and a former Wall Street options trader, told CoinDesk in an email. “There is a 20% chance of ETH moving above $5,500 by July 26, as traders have increased positioning post the ETF speculation.” Read the full article here
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 an independent subsidiary with an editorial committee to protect journalistic independence.…
“This work will include sharing best practices, threat intelligence, and other tips and information to help keep users safe and protected before they become victim to an online fraud scheme such as romance scams or crypto scams such as ‘pig butchering’,” the coalition said. Read the full article here
The young PoliFi crypto sector, a frontier where politics, finance, and cryptocurrency converge, has minted a new class of millionaires as a token themed after Donald Trump surged in the past few weeks, analysis by on-chain data provider Nansen shows. Read the full article here
Consensus, CoinDesk’s annual conference, kicks off next Wednesday in Austin, Texas. We’ll have a number of policymakers and industry participants engaging in the policy world. We have a few sessions on Wednesday, May 29, and Friday, May 31, but the bulk of this will take place on Thursday, May 30, when we hold our annual Policy Summit. Read the full article here
The change of fortunes leaves Gala with an unexpected $23 million windfall in ETH tokens. “We will probably buy and burn on galaswap,” said the project’s CEO Eric Schiermeyer, also known as Benefactor, in its Discord server. That means using the ETH to buy GALA tokens and then taking those tokens out of circulation. Read the full article here
“I am taking this position personally, not representing the Ethereum Foundation, and with a focus on risks and decentralization. I am therefore fully expected to take contrarian views on Eigenlayer,” Feist wrote in his post. “I do receive a significant amount of tokens from this position. I do not believe that they will change or influence my positions on how the core protocol should be developed, but I believe that the community should know about this, so that they can keep me accountable.” Read the full article here
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 an independent subsidiary with an editorial committee to protect journalistic independence.…
Fannizadeh: Many things! It’ll actually be my first time and I’m very excited. We’re almost a month away and I’ve already heard of many interesting events lined up and have meetings organized – I can’t wait to just get together with the attendees, I heard the crowd is excellent. I usually go to very specific community centric or legal and policy conferences. But Consensus is so comprehensive, right? It seems like a platform where we can reach “consensus,” discuss things with very different actors all in one place.And you tell me, you’ve been. Is there anything I need to keep…