CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin Drops 2.2% to $109,500 Amid Concerns of Further Declines
Bitcoin (BTC) experienced a decline, dropping 2.2% to $109,500, reversing gains from a recent peak of $112,600 and a low of $107,000.
Ether (ETH),...

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Stellar (XLM) Drops 2.72% Amid Ongoing Bearish Pressure
Stellar (XLM) has experienced a decline in price, dropping 2.72% from $0.368 to $0.358 over the past 24 hours. The trading range was tight at...

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American Bitcoin Shares Drop 15% Below IPO Price After Nasdaq Debut
Shares of American Bitcoin (ABTC) fell 15% on Thursday, trading at $6.83, below its IPO price of $6.90. The company is 80% owned by Hut 8 and 20% by...

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DOT Drops 4% to $3.75 Amid Broader Crypto Market Decline
Polkadot's DOT declined 4% in 24 hours, now priced at $3.75, influenced by a broader drop in the crypto market.
Key points from the technical...

NFL Opener Secures $600K in Bets on Polymarket Amid CFTC Approval
The NFL season kickoff has driven significant interest in the crypto-based prediction market Polymarket, with over $600,000 wagered on the opening...

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Etherscan Launches Seiscan on Sei Blockchain Amid $1.3B Trading Volume
Etherscan has expanded to the Sei blockchain, introducing a new tool called Seiscan. This adaptation allows users to track on-chain activity...

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Bitcoin Traders Buy Bearish Puts Ahead of August NFP Report
As the August U.S. nonfarm payrolls report approaches, traders on the CME are buying inexpensive out-of-the-money puts for bitcoin (BTC) to hedge...

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Crypto for Advisors Explores Mechanics of On-Chain Yield Generation
Decentralized finance (DeFi) leverages smart contracts to create yield-generating investment opportunities. A recent article by Elisabeth...

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U.S. SEC Chairman Atkins Unveils New Crypto-Focused Regulatory Agenda
Securities and Exchange Commission (SEC) Chairman Paul Atkins announced a new policy agenda focused on cryptocurrencies, describing it as a "new...

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Public Companies Hold Over 1 Million BTC Worth $110 Billion
Publicly traded companies now hold over 1 million BTC (1,000,632 BTC), valued at approximately $110 billion, indicating increased corporate adoption...

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Boerse Stuttgart Launches Seturion for Tokenized Asset Settlements in Europe
Boerse Stuttgart Group launched Seturion, a digital settlement platform for tokenized assets in Europe. Key details include:
Designed to streamline...

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CoinDesk 20 Index Declines 1.2% with Only POL Gaining
The CoinDesk 20 Index is currently at 4036.82, reflecting a decline of 1.2% (-47.12) since the last update. Only one asset is trading higher.
...

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Clarity Becomes Key Driver of Innovation in Crypto Industry
Clarity is emerging as a key driver of institutional adoption in crypto, shifting from "regulation by enforcement" to a framework that encourages...

XRP Army Acknowledged for Influence in Ripple's SEC Case Outcome
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) concluded, with significant contributions from the XRP...

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RedStone Acquires DeFi Credit Rating Platform Credora to Enhance Services
RedStone is acquiring Credora, an on-chain credit rating platform. Financial terms of the deal were not disclosed.
The new entity will...
