CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Portal to Bitcoin Secures $50 Million for Cross-Chain Trading Expansion
Portal to Bitcoin has raised $50 million, led by Paloma Investments, increasing total funding to $92 million. This capital will enhance BitScaler, a...
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U.S. Government Begins Publishing Economic Data on Blockchains
The U.S. government has initiated the use of blockchains to share essential economic data, starting with GDP figures released by the Department of...
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Crypto for Advisors Highlights Solana and Ethereum's Growth in DeFi
In the latest Crypto for Advisors newsletter, key insights on decentralized finance (DeFi) were shared by Samantha Bohbot from RockawayX. She...
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Mo Secures $40 Million in Series B Funding Led by Polychain and Ribbit Capital
Stablecoin startup Mo has secured $40 million in Series B funding, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst,...
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Chainlink Partners with U.S. Department of Commerce to Bring Economic Data On-Chain
The token LINK of the Chainlink network increased over 5% following a partnership with the U.S. Department of Commerce to integrate government...
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Bitcoin Trading at Historic Low Volatility, JPMorgan Reports
JPMorgan's research indicates that Bitcoin (BTC) is undervalued relative to gold as its volatility decreases. Key points include:
Bitcoin's...
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CoinDesk 20 Index Rises to 4184.47, Solana Up 2.9%
CoinDesk Indices reports the following market update for the CoinDesk 20 Index:
Current trading value: 4184.47, up 0.9% (+38.32) since...
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aPriori Secures $20 Million in Funding for Trading Infrastructure Development
Funding Announcement
aPriori, a trading infrastructure startup based in San Francisco, has raised $20 million in funding, increasing its total...
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Lygos Finance Launches Non-Custodial Bitcoin Lending Platform
Lygos Finance has launched a non-custodial bitcoin (BTC)-backed lending platform, aiming to innovate the crypto credit market. Key details...
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BTC Price Gains Lack Derivative Support as YZY Token Causes Losses
Bitcoin's price is recovering, trading above $113,000, but on-chain data indicates potential seller pressure near $113,600. The altcoin market has...
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Bitcoin and Ether ETFs See Divergent Flows Amid Altcoin Surge
As August concludes, notable trends in the cryptocurrency market arise:
Market volatility remains low, possibly due to expectations of Fed interest...
Solana Alpenglow Proposal Enters Voting Stage for Consensus Overhaul
Solana developers are advancing the Alpenglow proposal, now in the validator voting stage. Key points include:
Over 10% of validators support the...
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YZY Token Launch Results in $8.2 Million Loss for Retail Traders
The launch of the YZY token, linked to Ye (formerly Kanye West), has resulted in significant losses for over 70,000 wallets. Key details include:
...
ARK Invest Acquires $15.6 Million in Bitmine Immersion Technologies Shares
ARK Invest acquired $15.6 million in shares of Bitmine Immersion Technologies (BMNR), totaling 339,113 shares added to three ETFs: Innovation...
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The Sandbox Lays Off Over Half of Employees Amid Restructuring
The Sandbox is restructuring, laying off over half of its approximately 250 employees. Key changes include:
Co-founders Arthur Madrid and Sebastien...
