CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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BlackRock Expands Digital Asset Team with Four New Positions
BlackRock is expanding its digital asset team, indicating growth in the crypto sector among major financial firms.
Four new roles were posted:...
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Unicoin CEO Requests SEC to End Investigation Amid Ongoing Scrutiny
Unicoin CEO Alex Konanykhin has requested the U.S. Securities and Exchange Commission (SEC) to halt its investigation into his company, which faces...
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U.S. House Releases Stablecoin Oversight Bill Following Senate Approval
U.S. Congress is prioritizing the completion of a stablecoin oversight bill. The House of Representatives has released its version, led by Rep....
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Ethereum Completes Final Pectra Test on Hoodi Network
Key updates in cryptocurrency tech development include:
Ethereum Pectra Test: The final test for Ethereum's Pectra upgrade was conducted on the...
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Sen. Gillibrand Advocates for Strong Stablecoin Regulations in Senate
U.S. Senator Kirsten Gillibrand emphasized the importance of stringent regulations for stablecoin legislation at the D.C. Blockchain Summit. Key...
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Wyoming State Plans Launch of First Fiat-Backed Stablecoin This Year
Wyoming plans to launch the Wyoming Stable Token (WYST) later this year, potentially the first fiat-backed stablecoin issued by a U.S. public...
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GameStop Issues $1.3 Billion Convertible Debt for Bitcoin Acquisition
GameStop (GME) plans to raise $1.3 billion through convertible senior notes, with a five-year maturity. The offering includes an underwriter...
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GameStop Shares Surge 16% After Bitcoin Purchase Announcement
Shares of GameStop (GME) rose 16% following the announcement that the company will begin purchasing bitcoin (BTC) to add to its balance sheet.
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Banks' Spot Crypto Holdings Drop to 2.46% in Q2 2024
Banks globally held €341.5 billion ($368.3 billion) in crypto assets as of Q2 2024, with spot crypto making up less than 3% of their holdings. This...
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Bitcoin Price Drops to $86,500 Amid Broader Market Weakness
Bitcoin's price decreased approximately 3% to $86,500 after reaching nearly $89,000 following GameStop's bitcoin treasury strategy announcement.
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World Liberty Financial Launches USD1 Stablecoin at Washington Crypto Event
World Liberty Financial (WLFI) introduced its USD1 stablecoin at a Washington crypto event attended by lawmakers. Key points include:
Donald Trump...
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Fund Manager Predicts 99% of Crypto Tokens Will Eventually Go to Zero
Chris Solarz, CIO of Amitis Capital, claims that the current environment is optimal for investing in crypto hedge funds. Key points include:
The...
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HyperLiquid Delists JELLY After $13 Million Liquidation Loss
whichHyperliquidity Provider (HLP), part of the HyperLiquid derivatives exchange, experienced a significant loss due to alleged price manipulation...
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Tokenization Aims to Transform $1.7 Trillion Private Credit Market
Tokenization is transforming the private credit market, valued at $1.7 trillion, by leveraging blockchain technology to enhance efficiency and...
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Ethereum Completes Final Pectra Test on Hoodi Testnet
The final dress rehearsal for Ethereum’s Pectra upgrade took place on the Hoodi testnet, following issues in earlier tests on Holesky and Sepolia....
