CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Nine European Banks Collaborate to Launch MiCA-Regulated Euro Stablecoin
Nine major European banks have announced the launch of a euro-denominated stablecoin, regulated under the MiCA framework. The participating banks...
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Australia Proposes Licensing for Crypto Firms as Financial Products
The Australian treasury has proposed a draft requiring crypto firms to hold financial service licenses.
This move aims to classify...
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Ether Drops Over 3% as U.S. Government Shutdown Risks Increase
Ether (ETH) and other major cryptocurrencies experienced declines during Thursday's Asian trading hours as the probability of a U.S. government...
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Naver Set to Acquire South Korean Crypto Exchange Upbit
South Korean crypto exchange Upbit is set to be acquired by internet giant Naver.
This acquisition would make Upbit's parent company,...
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Gate Launches Layer 2 Blockchain and GT Tokenomics Upgrade
Gate has introduced Gate Layer, a proprietary Layer 2 blockchain aimed at enhancing transaction speed and lowering costs.
The blockchain is...
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Crypto Millionaires Increase 40% as Market Capitalization Reaches $3.3 Trillion
The global population of crypto millionaires has increased to 241,700, marking a 40% rise over the past year. This growth aligns with a broader...
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FTT Token Rises 25% After Sam Bankman-Fried's Unexpected 'gm' Post
The FTX Token (FTT) experienced a significant surge in activity and price following a social media post from Sam Bankman-Fried's account, despite...
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Bitcoin Rises 1.7% as Gold Declines 1.5%
Recent market dynamics show a divergence between gold and bitcoin. Gold has reached new record highs, while bitcoin struggles despite similar...
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XLM Consolidates After Sharp Decline, Testing Key Support Levels
Stellar's native token XLM experienced significant volatility, dropping to key support levels before rebounding. Institutional trading activity...
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BNB Chain Proposes Reducing Gas Fees Amid Rising Trading Activity
BNB Chain validators propose reducing the minimum gas price from 0.1 Gwei to 0.05 Gwei and decreasing block intervals from 750 ms to 450...
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Melee Secures $3.5M for Launch of 'Viral Markets' Prediction Platform
Melee, a new prediction market startup, secured $3.5 million funding from Variant, DBA, and angel investors to launch "Viral Markets."
The...
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State Channels Offer Efficiency and Security for Peer-to-Peer Commerce
Web3 aims to decentralize the internet, reducing dependency on tech giants like Google and Amazon. Currently, these platforms act as intermediaries,...
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Private Credit Market Grows with On-Chain Infrastructure Adoption
Private credit, particularly asset-backed finance (ABF), is rapidly expanding in global finance, currently valued at $6.1 trillion with...
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Canary Capital Files for Spot HBAR ETF Amid Market Volatility
HBAR experienced high volatility from September 23 to 24, with a minor gain of 0.90%. The token fluctuated between $0.217 and $0.225, hitting a low...
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Ether Gains Traction as Treasury Asset, Says Bitwise Report
Bitwise Asset Management reports that ether (ETH) is increasingly becoming a key treasury asset.
Digital asset treasuries, once focused...
