CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Ripple Expands in UAE by Signing Zand Bank and Mamo as Customers
Ripple has signed agreements with two UAE-based customers, Zand Bank and Mamo, to expand its Ripple Payments platform in the region.
Ripple...
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Metaplanet Acquires 1,004 Bitcoin for $104.3 Million
Tokyo-listed investment firm Metaplanet has acquired an additional 1,004 bitcoin (BTC) for approximately $104.3 million, increasing its total...
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Galaxy Digital's Future Lies in AI Data Centers, Analysts Report
Galaxy Digital's acquisition of Argos' Helios data center in late 2022 has transformed into a strategic asset amid the rising demand for AI...
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Binance and Kraken Prevent Social Engineering Attacks Without Data Loss
Binance and Kraken faced social engineering attacks aimed at customer support agents, similar to a recent breach at Coinbase. Hackers attempted...
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Bitcoin Approaches Golden Cross Amid Rising U.S. Debt Concerns
Bitcoin's price chart is showing a bullish pattern that may lead to a surge from $70,000 to $100,000 by late 2024 due to concerns over U.S. debt...
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XRP Shows Resilience with Recent Price Surge and Upward Momentum
Global economic tensions and regulatory changes are impacting XRP's price. Despite recent volatility, XRP shows resilience.
Key points...
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SUI Establishes Trading Range with Bullish Momentum Above $3.75 Support
Global economic tensions and trade policy shifts are impacting cryptocurrency markets, with SUI showing notable resilience.
SUI established a...
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Dogecoin Whales Accumulate 1 Billion DOGE as Support Levels Strengthen
Geopolitical tensions and trade policies are impacting cryptocurrency markets, with Dogecoin (DOGE) showing resilience amidst economic...
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BNB Consolidates Between $636 and $646 as Market Volatility Decreases
The cryptocurrency market is currently impacted by global economic conditions, with BNB trading between $636 and $646.
Key observations include:
...
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Over $5 Billion Invested in Bitcoin ETFs Driven by Directional Bets
U.S.-listed spot bitcoin ETFs have attracted significant investments recently, with inflows totaling:
$2.97 billion in April
$2.64 billion in May...
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Alabama Man Sentenced to 14 Months for SEC Social Media Hack
A 26-year-old man from Alabama, Eric Council Jr., has been sentenced to 14 months in prison for his involvement in a hack of the U.S. Securities and...
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State of Crypto Conference Highlights Key Regulatory Developments in Toronto
CoinDesk's Consensus conference occurred in Toronto, highlighting key discussions surrounding cryptocurrency legislation and market developments.
...
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Movement Labs and Mantra Token Scandals Disrupt Crypto Market-Making Dynamics
The recent collapses of Movement Labs' MOVE and Mantra's OM tokens have exposed vulnerabilities in crypto market-making practices. Key points...
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Major Cryptocurrencies Drop as U.S. Credit Rating Downgraded by Moody's
Major cryptocurrencies declined on Saturday following Moody’s downgrading of the U.S. credit rating from Aaa to Aa1, impacting investor sentiment....
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Ether Shows Undervaluation as ETF Demand Increases According to CryptoQuant
Ethereum (ETH) is currently undervalued compared to Bitcoin (BTC), with the ETH/BTC Market Value to Realized Value (MVRV) metric indicating a rare...
