CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin Wallet Cohorts Shift to Net Selling Amid Market Consolidation
Glassnode data indicates that all wallet cohorts are now in distribution mode, with a net selling of bitcoin. The Accumulation Trend Score...
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Shibarium Hack Results in $2.4M Loss, Memecoins Under Pressure
Meme tokens experienced pressure following a $2.4 million hack of Shiba Inu's layer-2 network, Shibarium, affecting investor confidence in joke...
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Fed Rate Decision, MKR-SKY Conversion Deadline: Crypto Week Ahead
The U.S. Federal Reserve's upcoming decision on a potential 25 basis points rate cut is expected to impact both crypto and traditional markets, with...
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Crypto Groups Urge BoE to Scrap Stablecoin Ownership Limits
Cryptocurrency groups are urging the Bank of England (BoE) to reconsider proposals that limit stablecoin holdings for individuals and...
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Bitcoin and Ether Upswing as Downside Fears Ease Before Fed Rate Decision
Recent options market data indicates reduced fears of a downside for bitcoin (BTC) and ether (ETH). The upcoming Fed rate cut on Sept. 17...
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Native Markets Selected to Issue USDH After Winning Validator Vote
Market News Summary
Hyperliquid's validator community chose Native Markets to issue USDH, concluding a contest with proposals from Paxos, Frax,...
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BitMEX Co-Founder Arthur Hayes Predicts Crypto Cycle Extending to 2026
Arthur Hayes, co-founder of BitMEX and current Maelstrom CIO, believes the crypto bull market will continue due to ongoing global monetary...
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Fed Expected to Cut Rates by 25 Basis Points on Sept. 17
Key Points:
The U.S. Federal Reserve is expected to cut interest rates by 25 basis points on Sept. 17, potentially decreasing the rate to...
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U.S. ETF Assets Hit Record $12.19 Trillion, Challenging Fed Influence
U.S.-listed ETFs reached a record $12.19 trillion in assets by the end of August, up from $10.35 trillion at the close of 2024.
August saw...
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Corporate Bitcoin Holdings Increase Modestly in August, Total $400 Billion
Bitcoin's rally slowed in August, potentially due to decreased corporate accumulation.
Corporate entities added 47,718 BTC in August,...
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Bitcoin Miners Repurpose Infrastructure for AI's Growing Demand
Core Scientific, previously known for bitcoin mining, signed a $3.5 billion deal to host AI data centers, reflecting a trend where bitcoin miners...
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Bitcoin Rises 4% Amid Economic Data Suggesting Fed Rate Cut
Bitcoin (BTC) rose by 4% over the week, reaching $116,000, driven by economic data suggesting a potential Federal Reserve interest rate...
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Fed Expected to Cut Rates on Sept. 17 Amid Inflation Concerns
Investors are anticipating the Federal Reserve's monetary policy decision on September 17, expecting a 0.25% rate cut. This could cause short-term...
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Robinhood Plans to Launch Ethereum Layer 2 Network
Many companies are interested in launching their own Ethereum layer 2 networks, despite an existing large number of over 150. These include...
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Memecoins Rally as Traders Bet on Fed Rate Cut and U.S. Altcoin ETFs
The memecoin sector is gaining attention as discussions about a new altcoin season increase on social media. This is partly due to expectations...
