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...

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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...

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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...
