CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Ripple Acquires Stablecoin Payments Platform Rail for $200 Million
Ripple is acquiring Rail, a stablecoin payments platform, for $200 million. The transaction is expected to close in Q4 2023.
Key points:
Rail is...
Tether Invests €30 Million in Spanish Crypto Exchange Bit2Me
Tether has acquired a minority stake in Spanish crypto exchange Bit2Me, leading a €30 million (approximately $35 million) investment round aimed at...
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Salomon Brothers Completes Notification Process for Abandoned Crypto Wallets
The revived Salomon Brothers has finished inserting OP_Return notices into potentially abandoned bitcoin (BTC) wallets to protect them from misuse...
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Bitcoin Reaches $116,430 Amid Bullish Market Sentiment
Bitcoin (BTC) reached $116,430, its highest this month, supported by renewed demand for risk assets following disappointing jobs market data. The...
Trump to Sign Order Allowing Crypto in 401(k)s
U.S. President Donald Trump plans to sign an executive order allowing cryptocurrency, private equity, and real estate in 401(k) plans. This...
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Bitcoin DeFi Protocol BOB Secures $9.5 Million in Funding Round
BOB, a decentralized finance protocol integrating Bitcoin's security with Ethereum’s DeFi features, has raised $9.5 million in a funding round,...
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Over $1 Million Lost in Crypto Scam Involving Malicious Trading Bots
Over $1 million has been stolen from crypto users through fraudulent smart contracts masquerading as MEV trading bots, according to SentinelLABS....
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KakaoBank Prepares to Enter South Korea's Stablecoin Market
KakaoBank is set to enter South Korea's stablecoin market. Key points include:
KakaoBank CFO Kwon Tae-hoon stated the firm is considering...
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XRP Rises 3% to $2.98 Ahead of SEC Appeal Decision
XRP increased by 3% on August 7, rising from $2.91 to a peak of $3.02 before closing at $2.98. This movement broke through several short-term...
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Crypto Market Cap Stays Between $3.6T and $3.8T Amid Trader Shift
The crypto market cap is currently between $3.6 trillion and $3.8 trillion, with traders focusing on micro-cap tokens amid warnings of a potential...
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Bitcoin's Implied Volatility Drops to Multi-Year Low of 36.5%
Bitcoin's volatility continues to decline, with prices stabilizing between $110,000 and $120,000. The 30-day implied volatility, measured by...
BTC Remains in Low-Liquidity Zone Following Post-ATH Correction
Market Overview
Bitcoin (BTC) is stable around $115K, up 1% in 24 hours. The market is experiencing a post-all-time-high correction with low...
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Parataxis Holdings to Go Public via $400 Million SPAC Deal
Parataxis Holdings is going public via a SPAC merger with SilverBox Corp IV, announcing plans to list as Parataxis Holdings Inc. under the ticker...
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Polkadot's DOT Surges 4% Amid Increased Institutional Buying Interest
Polkadot's DOT experienced increased interest from large buyers in a 24-hour trading period, driven by corporate treasury allocations and regulatory...
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Babylon Launches Trustless Bitcoin Vaults for DeFi Staking Protocol
Babylon has introduced trustless vaults for Bitcoin (BTC) as part of its $5 billion DeFi staking protocol. Key points include:
The vaults allow...
