CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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New Token Launches Face Sharp Declines Ahead of Airdrop Season
Recent token launches have experienced significant declines, raising concerns about the token generation event (TGE) model before upcoming...
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Russia Recognizes Crypto Growth; Central Bank Plans Banking Integration
Russia is advancing towards integrating cryptocurrencies into its financial system, acknowledging their widespread use and planning to let banks...
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Morgan Stanley Expands Crypto Access to All Wealth Management Clients
Morgan Stanley will expand cryptocurrency investment access for all its wealth management clients, effective next Wednesday.
Previously...
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Prestige Wealth Secures $150M for Tether Gold Treasury Initiative
Prestige Wealth (PWM) has secured $150 million in financing to launch a digital asset treasury focused on Tether Gold (XAUT).
The funding...
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$21M Crypto Theft on Hyperliquid Due to Private Key Compromise
Blockchain security firm PeckShield reported a loss of approximately $21 million from a wallet on the decentralized trading platform...
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Bitcoin Miners Offer AI Providers Quick Scaling Amid Power Grid Issues
Wall Street broker Bernstein reports that the tightening U.S. power grid is aligning Bitcoin (BTC) miners with AI developers.
High demand...
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Kalshi Raises $300M, Expands Prediction Markets Globally to 140 Countries
Kalshi, an online prediction market, has raised over $300 million, reaching a $5 billion valuation. The company plans to expand its services to...
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Bitcoin Rebounds to $121,500 Amid Bearish Indicators and Risk-Off Sentiment
Bitcoin (BTC) Update
BTC has rebounded to approximately $121,500 after falling below $120,000.
Short-term bearish momentum indicators...
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CoinDesk 20 Index Rises 1.1% Driven by LTC and NEAR Gains
The CoinDesk 20 Index is trading at 4183.36, marking an increase of 1.1% (+45.17) since the previous day.
All 20 assets in the index are...
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Metaplanet Suspends Stock Warrants Amid Market Challenges
Metaplanet (MTPLF) has announced the suspension of its 20th to 22nd series of stock acquisition rights from Oct. 20 to Nov. 17. This suspension...
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Bitcoin Tops $121K as Short Squeeze Potential Grows; Memecoins Plummet
Bitcoin's value rose to over $121,000, recovering from lows under $120,000. Privacy coins like ZEC and DASH also saw sharp gains. Traders on...
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BNB Token Drops 2.5% After Reaching All-Time High Above $1,300
BNB, the native token of the BNB Chain, fell over 2.5% in the last 24 hours after reaching a record high above $1,300 earlier this week.
...
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Bitcoin Volatility Surges on 91% Chance of Fed Rate Cut
Market Overview
Bitcoin's price shows high volatility, dropping from $123,000 to $120,000 but recovering to $121,400. Volatility is increasing...
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Government Shutdown Threatens Cardano ETF Approval by 2025
The SEC has approved "generic listing standards" to expedite altcoin ETFs, eliminating the need for 19b-4 filings.
Traders estimate a 90%...
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Bitcoin Miners Gain Pre-Market as Market Cap Approaches $90 Billion
Bitcoin miners are seeing gains in pre-market trading due to the increase in AI and high-performance computing (AI/HPC) demand.
IREN's...
