AI Summary
- Quantum computing poses a potential risk to Bitcoin's security by enabling the reverse engineering of private keys from public ones, raising concerns for Bitcoin holders.
- Bitcoin's price may surge to $160,000 in October as technical indicators like the MACD golden cross reappear, suggesting a bullish trend similar to April's movement.
- South Korea's regulatory environment is changing, as local crypto firms are set to gain 'venture company' status, which could stimulate growth in blockchain technologies.
- Major crypto ETFs see positive inflows, with BlackRock and Fidelity leading the charge as Bitcoin and Ethereum prices experience upward momentum amid speculation about institutional interest.
- The Altseason index has reached its highest point in 2023, indicating strong performance of altcoins compared to Bitcoin as traders anticipate continued market volatility and potential gains.
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CoinDesk
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Scroll DAO to Pause Governance Structure Amid Leadership Shake-Up, Redesign Plans
coindesk.com
2 hours ago
by Shaurya Malwa
Markets, DAO, Scroll, NewsThe Scroll decentralized autonomous organization (DAO) is set to “pause” its governance process after leadership resignations and confusion ov…
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Bull Trap Warning for Bitcoin, Dogecoin, XRP Emerges as S&P 500 Prints Rising Wedge; U.S. Inflation Eyed
coindesk.com
2 hours ago
by Omkar Godbole
Markets, Bitcoin, Ether, XRP, DOGE, Technical Analysis, Options, market analysis, NewsThis is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Major cryptocurrencies are looking bullish, with …
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Bitcoin Bulls Beware, South Korean Kospi Setting Record Highs Could Stop BTC's Bull Run: Analyst
coindesk.com
4 hours ago
by Omkar Godbole
Markets, Bitcoin, South Korea, market analysis, NewsSouth Korea's benchmark equity index, the Kospi, has reached a record high of 4,340 points, driven by prospects of shareholder-friendly polici…
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Dogecoin Leads Gain, Bitcoin Pops to $114K as M2 Setup Opens BTC Catchup Trade
coindesk.com
4 hours ago
by Shaurya Malwa
Markets, Bitcoin, Dogecoin, market analysis, NewsBitcoin (BTC) traded around $114,200 in Asian morning hours Thursday, up 2.4% over 24 hours, as majors firmed into a heavy macro week. Ether …
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XRP Breakout Fueled by Institutional Flows Targets $3.60 Mark
coindesk.com
4 hours ago
by Shaurya Malwa
Markets, AI Market Insights, NewsXRP pierced the $3.00 psychological threshold in a heavy-volume session that signaled strong institutional flows. The rally carried the token …
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Bitcoin, Ether ETFs Post Positive Flows as Prices Rebound
coindesk.com
4 hours ago
by Sam Reynolds
Markets, btc, ETH, Bitcoin ETF, Ethereum ETF, ether ETF, NewsBlackRock’s IBIT and Fidelity’s FBTC led inflows as bitcoin (BTC) ETFs logged their strongest day since July, with BTC climbing past $114,000.…
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Asia Morning Briefing: Native Markets Leads Early Voting for Hyperliquid’s USDH Stablecoin Contract
coindesk.com
8 hours ago
by Sam Reynolds
Markets, Stablecoins, hype, Hyperliquid, NewsGOOD MORNING, ASIA. HERE'S WHAT'S MAKING NEWS IN THE MARKETS: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. ho…
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Trump's CFTC Hopeful Quintenz Takes His Dispute With Tyler Winklevoss (Very) Public
coindesk.com
11 hours ago
by Nikhilesh De
Policy, Tyler Winklevoss, Brian Quintenz, CFTC, NewsBrian Quintez, U.S. President Donald Trump's nominee to run the Commodity Futures Trading Commission, published a text exchange he had with Ty…
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Crypto Exchange Gemini Boosts IPO Price Range to $24-$26 Per Share
coindesk.com
15 hours ago
by Will Canny
Finance, Gemini, IPO, Crypto, NewsGemini, the crypto exchange run by Tyler and Cameron Winklevoss, has boosted the price range for its planned Friday IPO, the company said in a…
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The Protocol: SwissBorg’s SOL Earn Wallet Exploited for $41.5M
coindesk.com
15 hours ago
by Margaux Nijkerk
Tech, digital wallet, The Protocol, Newsletters, NewsWelcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a repor…
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Ethereum Rare Mass Slashing Event Linked to Operator Issues
coindesk.com
16 hours ago
by Margaux Nijkerk
Tech, Ethereum, slashing, distributed validator technology, Validators, Beacon Chain, NewsEthereum experienced a rare slashing event on Wednesday, with 39 validators penalized, according to blockchain explorer Beaconcha.in. The v…
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Shiba Inu Looks to Scale 200-day SMA as DOGE Whales Boost Coin Stash to 10B
coindesk.com
17 hours ago
by Omkar Godbole
Markets, SHIB, Shiba Inu, Dogecoin, AI Market Insights, NewsShiba Inu (SHIB) is looking to establish a foothold above the 200-day simple moving average (SMA) as whales boost their dogecoin (DOGE) stash …
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Senators Still Hopeful for Crypto Market Structure Law by End of Year
coindesk.com
17 hours ago
by Nikhilesh De
Policy, Kirsten Gillibrand, Cynthia Lummis, Market Structure Legislation, NewsThe U.S. Senate's market structure bill should pass by the end of the year, leading lawmakers working on the effort said Wednesday, though eff…
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Kiln Exits Ethereum Validators in ‘Orderly’ Move Following SwissBorg Exploit
coindesk.com
18 hours ago
by Margaux Nijkerk
Tech, Kiln, Staking, Eth staking, Validators, NewsKiln, a provider of staking services for institutions, said it started an “orderly exit" of all its Ethereum (ETH) validators, framing the mov…
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Crypto Institutional Adoption Appears to Be in the Early Phases: JPMorgan
coindesk.com
18 hours ago
by Will Canny
Markets, Institutional Adoption, Ether, Solana, Bullish, JPMorgan, Analysts, NewsInstitutional adoption of crypto still looks early, but momentum is building, according to a Wednesday report from Wall Street bank JPMorgan. …
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DOGE Eyes $0.28 as Dogecoin ETF Catalyst Leads to 'Pennant Breakout'
coindesk.com
18 hours ago
by Shaurya Malwa
Markets, AI Market Insights, NewsDogecoin rallied sharply during the September 9–10 session, reclaiming the $0.24–$0.25 range with volume surging above 1.5 billion tokens. The…
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XRP Rallies 8% from Daily Lows as Institutional Volume Pushes Price Above $3
coindesk.com
18 hours ago
by Shaurya Malwa
Markets, AI Market Insights, NewsXRP surged past the $3 threshold during the September 9–10 session as institutional flows accelerated on the back of regulatory clarity in Eur…
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Crypto is Bleeding Billions a Year. Traditional Finance Is Watching.
coindesk.com
19 hours ago
by Mitchell Amador
CoinDesk Indices, Crypto Hacking, crypto hacks, Hackers, North Korea, Blockchain Security, Crypto Long & Short, OpinionCrypto is superior to traditional finance. Unlike SWIFT, which can take days to process payments, newer blockchain networks achieve finality i…
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LitFinancial Introduces Stablecoin on Ethereum to Streamline Mortgage Lending
coindesk.com
19 hours ago
by Krisztian Sandor
Finance, Stablecoins, Stably, Ethereum, Mortgages, NewsMichigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the …
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‘The Ingredients Are All There’: Solana May Be Set to Soar, Says Bitwise
coindesk.com
19 hours ago
by Helene Braun
Markets, Solana, NewsSolana has been a recent outperformer among major cryptos — ahead 24% over the past month — but that could just be precursor to an epic end of…
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Minnesota Credit Union to Launch Stablecoin; Claims to Be First in U.S.
coindesk.com
19 hours ago
by Krisztian Sandor
Finance, Stablecoins, Credit Unions, Metallicus, Exclusive, NewsSt. Cloud Financial Credit Union (SCFCU), a Minnesota-based institution with over $400 million in assets, plans to roll out a proprietary stab…
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Digital Gold: A Story Still Being Written
coindesk.com
19 hours ago
by Gregory Mall
CoinDesk Indices, Gold, digital gold, Crypto Long & Short, OpinionAugust put a small dent in what remains a longer-term uptrend for digital assets. Bitcoin fell about 6.5% — its first monthly decline since Ma…
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$1.5B BTC Treasury Company Coming as Asset Entities Approves Merger With Vivek Ramaswamy's Strive
coindesk.com
19 hours ago
by James Van Straten
Markets, Bitcoin, NewsAsset Entities Inc (ASST) announced that its shareholders have approved a merger with Strive Enterprises. Following Strive’s shareholder appro…
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Top U.S. Banking Regulator Gould Says Crypto Debanking 'Is Real'
coindesk.com
19 hours ago
by Jesse Hamilton
Policy, Breaking News, Office of the Comptroller of the Currency, Regulation, crypto legislation, Banking, NewsWASHINGTON, D.C. — Jonathan Gould, in his opening weeks of running the U.S. Office of the Comptroller of the Currency, left no uncertainty abo…
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Bitcoin Triggers Bullish Head and Shoulders Pattern. What Next?
coindesk.com
20 hours ago
by Omkar Godbole
Markets, Bitcoin, Technical Analysis, NewsThis is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A softer-than-expected U.S. PPI pushed bitcoin (B…