AI Summary
- Hive Digital Technologies recently became the first publicly traded Bitcoin miner on Nasdaq, coinciding with its plans for high-performance computing expansion.
- Ethereum is still regarded as a strong investment prospect, with price forecasts predicting it could reach $4,000 despite Bitcoin's recent drop to $115,000.
- Warning signs about potential risks associated with Bitcoin, gold, and silver ETFs are emerging, with investors expressing concerns over fraudulent claims related to hard assets.
- Dragonfly Capital is preparing to defend itself aggressively amid scrutiny from the Department of Justice over its investment in Tornado Cash, highlighting ongoing regulatory tensions in the crypto space.
- Significant movements in the market show companies increasingly adopting crypto assets, with institutional appetite peaking and Bitcoin currently holding above $115,000 despite a broader market sell-off.
Powered by OpenAI
CoinDesk
-
Revolut Makes Crypto Staking Available in Hungary After Restricting Services
coindesk.com
3 hours ago
by Camomile Shumba
Finance, Hungary, Revolut, Staking, NewsDigital bank Revolut's crypto staking services are once again available for its customers in Hungary after pausing for a couple of weeks, a sp…
-
Polkadot's DOT Faces Bearish Pressure Despite Recovery Attempts
coindesk.com
4 hours ago
by CD Analytics
Markets, AI Market Insights, Polkadot, Technical Analysis, NewsPolkadot's DOT encountered ongoing bearish momentum despite several recovery attempts, fluctuating between $3.87-$4.11 throughout the 24-hour …
-
Weekly Recap: Ethereum’s Comeback Summer
coindesk.com
5 hours ago
by Benjamin Schiller
News Analysis, FeatureIt’s hard to believe that ETH was languishing at less than $1500 in April. Now it’s above $3800 again. Ethereum’s comeback is the story of th…
-
BONK Drops 9% From Peak as Exchange Transfers Overwhelm Burn News
coindesk.com
6 hours ago
by Jamie Crawley
Markets, AI Market Insights, Technical Analysis, Bonk, NewsBONK experienced aggressive volatility over a 24-hour period to end the week, swinging 15% between $0.00003185 and $0.00003763. The Solana-ba…
-
Ether-Focused SharpLink Appoints Former BlackRock Executive as Co-CEO
coindesk.com
6 hours ago
by Krisztian Sandor
Finance, Ethereum Treasury, NewsSharpLink Gaming (SBET), the Nasdaq-listed crypto treasury firm that has recently emerged as one of the largest corporate holders of ether (ET…
-
Luxury Brokerage Christie's Allows Buyers to Purchase Real Estate With Crypto: NYT
coindesk.com
7 hours ago
by Jamie Crawley
Finance, Real Estate, Luxury, NewsChristie’s International Real Estate has launched a dedicated division to facilitate real estate transactions conducted entirely in cryptocurr…
-
Ethereum ETFs Pull In $8.7B in First Year After Almost $5B Rush in Past Two Weeks
coindesk.com
7 hours ago
by Helene Braun
Markets, Ethereum, NewsThe first wave of U.S.-listed spot Ethereum exchange-traded funds (ETFs) has racked up nearly $8.7 million in net inflows in its first year on…
-
CoinDesk 20 Performance Update: Solana (SOL) Drops 4.2%, Leading Index Lower
coindesk.com
8 hours ago
by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, NewsCoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDes…
-
NEAR Rallies 6.9% as Bulls Reclaim Control After Overnight Selloff
coindesk.com
8 hours ago
by CD Analytics
Markets, AI Market InsightsNEAR Protocol bounced 0.7% between 11:10 and 12:09 UTC on Thursday, erasing a brief $2.77 dip in a volatile trading window marked by sudden in…
-
Crypto Whale Spends $4.3M on CryptoPunks as NFT Market Cap Climbs 66% in 30 Days
coindesk.com
9 hours ago
by Francisco Rodrigues
Markets, NFTs, CryptoPunks, OpenSea, NewsA single buyer spent more than $2.9 million on six rare CryptoPunks featuring the coveted hoodie trait, deepening a resurgence in the market f…
-
Michael Saylor Builds Out Own Yield Curve With Upsized Preferred Stock Sale
coindesk.com
9 hours ago
by James Van Straten
Markets, MicroStrategy, Bitcoin, NewsDisclaimer: The analyst who wrote this article owns shares in Strategy. Strategy (MSTR), under the leadership of Executive Chairman Michael S…
-
Public Shell Firms Ramping Up Altcoin Buys Draws Skepticism: FT
coindesk.com
9 hours ago
by Jamie Crawley
Markets, Treasury, Altcoins, Public Companies, NewsA number of public companies may be about to build hoards of altcoins in an attempt to pump their share prices. Such companies are attempting…
-
Bitcoin Demand Outstrips Supply Ahead of August Lull: Crypto Daybook Americas
coindesk.com
10 hours ago
by James Van Straten
Crypto Daybook Americas, NewsBy James Van Straten (All times ET unless indicated otherwise) Bitcoin (BTC) has dropped 3% in the past 24 hours and is currently some 7% bel…
-
Maple Finance's SYRUP Bucks Bearish Crypto Slump With 23% Upside Move
coindesk.com
10 hours ago
by Oliver Knight
Finance, Maple finance, Upbit, NewsDecentralized finance (DeFi) protocol Maple Finance (SYRUP) has swept away any bearish crypto sentiment, rising by 23% in the past 24 hours af…
-
APT Surges 5% From Lows Despite Market Volatility and $960M in Altcoin Liquidations
coindesk.com
11 hours ago
by CD Analytics
Markets, AI Market Insights, Aptos, Technical Analysis, NewsAptos' APT exhibited exceptional price volatility throughout the 24-hour trading period, establishing a comprehensive trading range of 5.4%, s…
-
Bitcoin to Hit $135K by Year-End in Base-Case Forecast, $199K in Bullish Scenario: Citi
coindesk.com
11 hours ago
by Will Canny
Markets, Bitcoin, price prediction, ETFs, Citi, Analysts, NewsWall Street bank Citi (C) refined its crypto valuation models to reflect the evolving dynamics of the digital asset market, producing a new ye…
-
Crypto Exchange OSL Group Raises $300M Ahead of Hong Kong's Stablecoin Regulation Plan
coindesk.com
13 hours ago
by Jamie Crawley
Finance, Hong Kong, OSL, NewsHong Kong-based cryptocurrency exchange OSL Group has raised $300 million in an equity sale. OSL, which was the first exchange to win a licen…
-
XRP Drops 14% After $175M Moved to Exchange by Ripple Co-Founder's Wallet
coindesk.com
13 hours ago
by Shaurya Malwa
Markets, XRP, Ripple, NewsXRP slipped from last-week's record high as a wallet attributed to Ripple co-founder Chris Larsen made a number of large transactions. Betwee…
-
XRP Volatility Spikes With $105M in Longs Liquidated Amid ETF Jitters
coindesk.com
16 hours ago
by Shaurya Malwa
Markets, XRP, Trading, NewsWHAT TO KNOW XRP posted sharp losses during the July 24–25 session, dropping 8% as the token traded in a $0.30 range from $2.96 to $3.26. …
-
Bitcoin Slides to $115K as Dow Jones' Rally Stalls at December-January High
coindesk.com
16 hours ago
by Omkar Godbole
Markets, Bitcoin, Ether, market analysis, NewsBitcoin's (BTC) price dropped early Friday, marking a bearish resolution to the recent range play as the U.S. equity markets showed signs of a…
-
Ark Invest Dumps $12M Coinbase Shares After Loading Up on Ether Treasury Firm Bitmine
coindesk.com
16 hours ago
by Parikshit Mishra
Finance, ARK Invest, Cathie Wood, Coinbase, Bitmine, Robinhood, Square, Ether, NewsArk Invest, the investment firm led by Cathie Wood, offloaded $12 million worth of Coinbase (COIN) on Thursday, continuing the trend of taking…
-
Volmex's Bitcoin and Ether Volatility Futures Top $10M Volume Since Debut as Traders Look Beyond Price
coindesk.com
17 hours ago
by Omkar Godbole
Markets, Bitcoin, Ethereum, Volatility, NewsFutures tied to Volmex's bitcoin (BTC) and ether (ETH) implied volatility indices, BVIV and EVIV, have registered a cumulative trading volume …
-
Roman Storm Trial: Is Coding A Crime? The Tornado Cash Court Battle Intensifies
coindesk.com
17 hours ago
by Cheyenne Ligon
Policy, Roman storm, SDNY, Tornado Cash, NewsNEW YORK — The government officially rested its case against Tornado Cash developer Roman Storm on Thursday, bringing eight days of witness te…
-
Bitcoin Whale Bets $23.7M on BTC Rally to $200K by Year-End
coindesk.com
18 hours ago
by Omkar Godbole
Markets, Bitcoin, Options, Derivatives, Whale, NewsBitcoin's (BTC) price rally may have stalled lately, but bullish conviction certainly hasn't, as whales continue to bet millions on an extende…
-
Elon Musk’s xAI Partners With Kalshi to Bring Grok to Prediction Markets
coindesk.com
a day ago
by Helene Braun
Markets, Kalshi, Polymarket, Grok, Elon Musk, Xai, NewsElon Musk’s artificial intelligence startup xAI is partnering with regulated prediction market Kalshi to bring its chatbot Grok into the world…