CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Connecticut Bans Cryptocurrency Investments Amid National Trend
Connecticut has enacted a ban on cryptocurrency investments, countering trends in other U.S. states pursuing digital asset reserves. The Connecticut...
Ether Rises to $2,873 on U.S.–China Trade Deal and CPI Data
Ether (ETH) hovered around $2,770 until news emerged of a draft U.S.–China trade framework. This agreement could lead to resumed rare-earth exports...
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U.S. Congress Advances STABLE and CLARITY Acts for Digital Asset Regulation
The U.S. is advancing towards a blockchain-driven financial future, but lacks a comprehensive regulatory framework for digital assets. Key points...
Stripe to Acquire Crypto Wallet Provider Privy for Web3 Integration
Stripe is acquiring crypto wallet infrastructure provider Privy to enhance blockchain tool integration into digital products. Key points include:
...
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ATOM Establishes Support at $4.50 Amid Increased Ethereum Whale Activity
The Cosmos ecosystem token (ATOM) has formed a support level around $4.50 amid trader activity influenced by traditional finance and digital...
Investors Encouraged to Consider Digital Assets for Higher Returns
Investment in Digital Assets
Digital assets offer a favorable risk-reward ratio, with Bitcoin outperforming the S&P 500 by more than three...
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AAVE Surges 25% After Breaking Key Resistance at $311.50
AAVE's price increased by 3.8% in the last 24 hours and is up 25% since Monday. It broke through resistance at $311.50 with high trading volume,...
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Bullish Announces $14M Trading Competition for Professional Traders
Cryptocurrency exchange Bullish will host a trading competition in Q3 2023.
Total prize pool is $14 million, with $10 million for the winner....
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OneBalance Secures $20 Million in Series A Funding for Developer Platform
OneBalance has raised $20 million in a Series A funding round to enhance cross-chain user experience. Key points include:
The round was led by...
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U.S. Establishes Strategic Bitcoin Reserve to Enhance Institutional Adoption
Formation of U.S. Strategic Bitcoin Reserve (SBR)
The U.S. is establishing a Strategic Bitcoin Reserve to hold seized bitcoin assets.
Over...
Litecoin Rises Over 2% to Stabilize Near $93 Amid ETF Hopes
Litecoin (LTC) rebounded over 2% following a sell-off, stabilizing around $93. This recovery coincided with positive movements in traditional...
Bitdeer Expands Self-Mining Capacity and Ships 1.6 EH/s of SEALMINER A2s
Bitdeer (BTDR) increased its self-mining capacity and expanded operations in May.
Mined 196 BTC, an 18% increase from April
Proprietary hashrate...
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Filecoin Price Increases 3.6% After Confirming Support at $2.68
Filecoin (FIL) is currently trading around $2.755, reflecting a 3.6% increase over the last 24 hours. The token has established support levels...
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TON Experiences Volume Spike Amid Sell-Off and Key Support at $3.25
Recent trading of TON, linked to Telegram, showed a bearish-to-bullish reversal pattern. Key points include:
Support found at $3.25 after...
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BNB Token Gains 1.75% as Market Monitors Resistance Near $674
Binance’s BNB token increased by 1.75% in the last 24 hours, rising from $659.72 to $670.91, amid market volatility due to geopolitical and economic...
