CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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5 New Trends in Generative AI Highlighting Web3 Opportunities
Generative AI is rapidly evolving, necessitating a shift in focus for Web3 to integrate effectively into this landscape. Key developments in 2024...
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Multicoin Leads $8 Million Investment in Geodnet GPS Alternative
Multicoin is leading an $8 million investment in GEOD tokens, supporting Geodnet's development of a high-accuracy alternative to GPS.
Key Points:
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Mavryk Network Raises $5.2 Million for RWA Tokenization and DeFi Integration
The Mavryk Network, a layer-1 blockchain focused on real-world assets (RWA), raised $5.2 million to enhance tokenization and decentralized finance...
GameStop Encouraged to Use $5 Billion Cash Reserve for Bitcoin Investment
Matt Cole, CEO of Strive Asset Management, has recommended that GameStop (GME) adopt bitcoin as a reserve asset. He sent a letter to Ryan Cohen,...
Grayscale Files for Polkadot ETF with SEC for Review
Grayscale Investments is pursuing a new ETF focused on Polkadot's DOT token, alongside its ongoing efforts to launch ETFs for XRP and Cardano.
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AI and HPC Strategies Gaining Traction Among Bitcoin Miners
Public bitcoin miners are increasingly pivoting to artificial intelligence (AI) and high-performance computing (HPC) as part of their business...
CoinDesk 20 Index Drops 7.2% with HBAR Down 12%
The CoinDesk 20 Index is trading at 2822.97, reflecting a decline of 7.2% (-218.33) since Monday at 4 p.m. ET.
Key points:
No assets are trading...
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Dubai Approves Circle's USDC and EURC for Promotion in DIFC
Circle's stablecoins, USDC and EURC, received approval for use within the Dubai International Financial Centre (DIFC). The Dubai Financial Services...
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Crypto Market Declines with Bitcoin Dropping Below $88,000
The cryptocurrency market is experiencing significant declines, with bitcoin dropping to three-month lows below $88,000 and the CoinDesk 20 Index...
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Bitcoin Price Drops Below $88K While Traders Increase Long Positions on Kraken
Crypto traders are actively buying Bitcoin on Kraken as its price falls to a three-month low. Key points include:
Bitcoin dropped below $88,000,...
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Ether Approaches $340 Million in Potential MakerDAO Liquidations
Ether's ETH price decreased by 11.5% in 24 hours, approaching significant $340 million liquidations on MakerDAO.
Three MakerDAO positions will...
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Crypto Fear and Greed Index Hits Five-Month Low of 25
Crypto traders are experiencing heightened anxiety as the Crypto Fear and Greed Index fell to a five-month low of 25, indicating "extreme fear."...
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U.S. Bitcoin ETFs Report $516.4 Million in Outflows This Week
U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) saw outflows of $516.4 million on Monday, marking the second-largest withdrawals this...
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Crypto Market Faces $1.2 Billion Loss as Bitcoin Drops Below $89,000
Crypto markets faced significant losses, totaling at least $1.2 billion in the past 24 hours as bitcoin fell below $89,000, marking its lowest point...
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Bitcoin Falls Below $89,000 as Nasdaq Futures Decline
Bitcoin (BTC) fell below $89,000, reaching a low of $88,500 during early European trading on Tuesday. This decline correlates with negative trends...
