Author: Coindesk
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.…
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.…
The fund, which was oversubscribed, will focus on pre-seed investments in selected startups from the winners of Solana Hackathons. “It’s evident that there is a market demand for novel, specialized venture products in crypto, and we are excited to have a diverse group of investors, including ecosystem founders and hackathon alumni, alongside us to realize our vision for Colosseum,” said Clay Robbins, co-founder of Colosseum, in a statement. Read the full article here
The crypto market regained some poise early Tuesday as analysts said supply overhang concerns stemming from defunct exchange Mt. Gox’s planned distribution of 140,000 BTC are overdone. Bitcoin traded above $61,000, having hit a low of $58,580 on Monday. The broader market gauge of the CoinDesk 20 Index (CD20) bounced to 2,083 points from 2,020. Still, BTC, a liquidity proxy for macro traders, is down almost 10% for the month, starkly contrasting with a 5% gain in Wall Street’s tech-heavy index, Nasdaq. The differing trajectories might foreshadow a tightening of liquidity conditions in financial markets and be a bearish signal…
CoinGecko data shows that TRUMP, the first major token in the sector that matches financial instruments with political themes, has gained 24% in the past 24 hours, while its Solana counterpart TREMP added 20%, and the Joe Biden-themed BODEN is well in the green climbing over 45%. Read the full article here
“ETH should not see as much spot ETH conversion due to the lack of an ETH staking feature in the ETF,” analysts Gautam Chhugani and Mahika Sapra wrote, adding that the basis trade will likely find takers over time and this should contribute to healthy liquidity in the ETF market. The basis trade involves buying the spot ETF and selling the futures contract at the same time and then waiting for the prices to converge. Read the full article here
BTC’s dominance, or share of total crypto market value, fell by 1.8% to 54.34%, the biggest single-day percentage decline since Jan. 12, according to charting platform TradingView. In other words, investors likely pulled money from bitcoin faster than from its peers. The cryptocurrency’s price fell nearly 5%, hitting lows under $59,000 at one point, CoinDesk data show. Read the full article here
“Together, these core components ensure that ZK chains can interact and transact with each other efficiently, inheriting the security of Ethereum, and forming a network that can scale horizontally without compromising the core properties that make public blockchains so powerful,” Matter Labs wrote. 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.…
As CoinDesk reported at the time, Assange said that Wikileaks initially refrained from accepting bitcoin to avoid drawing government scrutiny that could hinder the cryptocurrency’s growth after a personal request from bitcoin founder Satoshi Nakamoto. Later, when facing a financial blockade, it adopted bitcoin for donations, providing vital funding for Wikileaks and simultaneously enhancing BTC’s legitimacy and utility. Read the full article here