CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading
A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.
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Ether Rises Above $3.5K Ahead of ETH ETF Trading, but Inflow Concerns Remain
Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem.
First Mover Americas: Ether Little Changed After Spot ETF Approval
The latest price moves in bitcoin (BTC) and crypto markets in context for July 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show
An address labeled “U.S. Government: Ryan Farace Seized Funds” moved BTC worth nearly $4 million to Coinbase 10 hours ago.
U.S. House Passes Crypto Illicit Finance Bill That’s Likely to be Rebuffed in Senate
The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn’t likely to become a law as-is.
Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency
The SEC just gave final approval to ether ETFs. (Nikhilesh De/CoinDesk)
Ethereum ETFs Could See Underwhelming Demand, Two Research Firms Predict
The launch of the spot ether exchange-traded funds (ETFs) could be rather underwhelming, one crypto firm says, while another predicts inflows will be lower than expected. (Getty Images)
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
Swan Bitcoin CEO Cory Klippsten pulls plan for an IPO. (Swan Bitcoin)
Taking Profits on Bitcoin Ahead of Trump Conference Appearance Could Be ‘Expensive Exercise’: Analyst
Traders could be forgiven for wanting to cash in after bitcoin’s {{BTC}} quick rise of more than 20% to the current $67,000 from its early July lows, but another possibly major positive catalyst might be just days away, said 10x Research founder Markus Thielen.
Tokenized Asset Manager Superstate Debuts New Fund to Profit From Bitcoin, Ether ‘Carry Trade’
Superstate’s new offering comes after its first tokenized fund of short-term U.S Treasury bills, which debuted earlier this year.