Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped.
Crypto Exchange Kraken Paid Dave Portnoy Bitcoin in Sponsorship Deal
Barstool founder and CEO Dave Portnoy (Michael Hickey/Getty Images)
DePIN Allows Us to Be Stakeholders in the Machine Economy
DePIN and Machine RWAs give us a stake in the robots coming after our jobs, say Mauricio Zolliker, co-founder of XMAQUINA, and Leroy Hofer, CEO and co-founder of Teneo Protocol.
Crypto for Advisors: Web2 to Web3
Kelly Ye looks at the three fast-growing blockchain ecosystems that are addressing the adoption challenges for Web3, gaining user adoption, and how they combine the strengths of Web2 and Web3 to create a seamless Web2-like onboarding experience while providing users with the benefits of sovereign ownership in Web3.
Germany Dumping $2.8B Bitcoin Is ‘Market Intervention,’ Despite Murky Legal Justifications
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
Chainbase Raises $15M to Grow Omnichain Data Network
Chainbase’s aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.
CoinDesk 20 Performance Update: SOL and ETH Lead Advancers as Index Stays Flat
Leading overnight gains are SOL with a 2.5% increase and ETH up by 1.3%.
Standard Chartered, Animoca, and Three Others Join HKMA’s Stablecoin Sandbox as Participants
In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.
First Mover Americas: Bitcoin Trades Below $65K Following Wednesday’s Drop
The latest price moves in bitcoin (BTC) and crypto markets in context for July 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Visa’s Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
Payment giant Visa’s blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked back up in 2024.