This Week in Coins: Bitcoin Ends in the Red, but Some Alts Survive a Crazy Week
Illustration by Mitchell Preffer for Decrypt.When people talk about crypto’s volatile nature, they’re referring to weeks like this. Bitcoin was at...
Bitcoin
Mario Mosböck Partners CoinPoker to Build Online Poker Site, With PoR on the Blockchainin
Willemstad, Curacao, August 9th, 2024, Chainwire Online poker site CoinPoker has released a proof of reserves (PoR) report showing that...
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy...
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed...
Robinhood Reports 161% Surge in Q2 Crypto Revenue
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue....
Sea of green in crypto as new exchange, DTX, raises $1.2 million
Cryptocurrency prices have staged a strong comeback this week as concerns about the Japanese yen comeback faded. After tumbling sharply...
Bitcoin Could Hit Record High If This Happens in the US: Grayscale
According to Grayscale Research, Bitcoin might revisit its all-time high later this year if the U.S. economy avoids a recession....
RCO Finance, A New Entrant Captures Ethereum Altcoins Investors’ Attention
A Satoshi-era Bitcoin whale recently made waves by transferring 1,000 BTC worth $60 million after nearly 12 years of dormancy....
Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach...
US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million
U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT...
Bitcoin in a ’Stealth Bear Market’ When Priced Against Gold, Says Peter Schiff
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Is a Correction to $100 Likely?
Solana’s (SOL) price is showing signs of bearish developments primarily owing to the broader market cues and declining interest of...
Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out...
Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem
As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According...
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated...
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2...
Bitcoin Whale From 2010 Moves $3.28 Million BTC to Coinbase
A Bitcoin wallet that lay untouched for a staggering 14 years has sprung to life, transferring 50 BTC (worth approximately...
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid...
Venture Capital Interest in Bitcoin Startups Has Exploded: Research
Despite venture capital activity declining across the board, funding for Bitcoin startups more than quadrupled in 2023, according to a...
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin...
ORDI, Fantom, Aave prices lead losses as BitBot defies gravity
ORDI, Fantom (FTM), and Aave were among the worst performers in the crypto industry during the weekend as the crypto sell-off intensified....
