CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Ark Invest Sells $44.7 Million in Circle Shares Amid GENIUS Act Passage
Cathie Wood’s Ark Invest sold 300,108 shares of Circle Internet Group (CRCL) across three ETFs, totaling $44.7 million.
Key details:
CRCL closed...
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Ink Foundation to Launch INK Token with Aave-Powered Liquidity Protocol
The Ink Foundation is launching its native token INK to develop on-chain capital markets with a liquidity-first strategy. Key details...
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SHIB Long-Short Ratio Drops to 0.9298 Amid $1.8M Liquidations
A key indicator for shiba inu (SHIB) has turned bearish as the price dropped to two-month lows, affecting leveraged bullish positions.
The...
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Bitcoin Traders Focus on Fed's Interest Rate Dot Plot Ahead of Meeting
The Federal Reserve's Open Market Committee will announce its interest rate decision on Wednesday at 18:00 UTC, followed by a press conference by...
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Dogecoin Drops 7.5% as Market Reacts to Geopolitical Tensions
Dogecoin (DOGE) dropped 7.5% within 24 hours, falling from $0.176 to $0.164 due to rising geopolitical tensions and central bank policies.
Key...
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XRP and ADA Lead Crypto Declines Amid Caution in Markets
Crypto markets faced a downturn, with altcoins declining more than Bitcoin, which remained above $105,000. Key movements include:
XRP fell 3.4% to...
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XRP Declines 4.5% Amidst Increased Selling Pressure and Resistance Levels
XRP declined by 4.5% in the last 24 hours, falling from $2.254 to $2.164 due to increased selling pressure. The token is encountering resistance at...
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GENIUS Act Boosts ETH's Role in Tokenized Finance, Wall Street Expert Says
Market Overview
In today's market update:
ETH is trading above $2500 following the U.S. Senate's passage of the GENIUS Act, which supports...
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Tron DAO's SEC Filing Reveals $100 Million PIPE Deal for SRM Entertainment
The SEC filing reveals key details about the relationship between Tron DAO, Justin Sun, and SRM Entertainment, which is rebranding to Tron...
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U.S. Senate Passes Stablecoin Bill with 68-30 Vote
The U.S. Senate passed the stablecoin bill, known as the GENIUS Act, with a 68-30 vote, indicating significant bipartisan support. The bill now...
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JPMorgan Launches Pilot of USD Deposit Token on Base Blockchain
JPMorgan has launched a pilot for a permissioned USD deposit token, JPMD, on the Base layer 2 Ethereum network. Key points include:
JPMorgan filed...
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Coinbase Requests SEC Approval for Tokenized Stock Trading Expansion
Coinbase is requesting approval from the U.S. Securities and Exchange Commission (SEC) to launch tokenized stock trading, aiming to offer digital...
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Tether Faces Compliance Challenges with Upcoming U.S. Stablecoin Legislation
Tether's USDT, the leading stablecoin with a market cap of $155 billion, faces compliance challenges as U.S. lawmakers push the GENIUS Act, which...
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Blockchain Valuation Models Remain Unresolved Amid Growing Adoption
Valuation of blockchain networks lacks standardization despite growth and adoption. Lessons from the early internet era highlight that traditional...
Shiba Inu Price Drops Over 3.5% to Two-Month Low
Shiba Inu (SHIB) experienced a decline of over 3.5%, reaching $0.00001134, the lowest since April 9. This drop coincided with a nearly 3% decrease...
