Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business
The company, backed by the owner of the NYSE, was introduced in 2018 with the initial goal of helping Starbucks customers buy coffee with bitcoin.
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Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains
BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.
The Protocol: Solana’s Missed Moment, Exclusive Farcaster Q&A, Bullish Year of Dragon
Even in a slow week ahead of the Chinese New Year, there’s a lot of crypto news to cover. Here’s this week’s The Protocol, CoinDesk’s weekly newsletter devoted to blockchain tech.
MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs
MicroStrategy (MSTR), the software firm whose executive chairman is bitcoin maximalist Michael Saylor, reported weaker-than-expected fourth quarter earnings on Tuesday, but the majority of its conference call presentation focused on the crypto.
Ether Tops $2.4K as Cathie Wood’s Ark, 21Shares Amend Spot ETH ETF Filing
The updated S-1 document brings the spot Ethereum ETF application more “in line” with the recently approved spot BTC ETF prospectus, one analyst noted.
Crypto Trading Hits Busiest Pace Since June 2022
January saw higher spot trading volume on centralized exchanges amid the approval of spot bitcoin ETFs in the U.S.
Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report
Former CEO Jamie Leverton is succeeded by president Asher Genoot.
Farcaster’s Dan Romero Explains How ‘Frames’ Did What X (Twitter) Doesn’t
The decentralized social network Farcaster is enjoying a breakout after last week’s introduction of “Frames” – a new feature that could attract attention from developers and, eventually, mainstream users. CoinDesk’s Jenn Sanasie sat down with co-founder Dan Romero in an exclusive interview.
Social App Friendzone to Start Operations on Polygon Network This Month
Friendzone was built by early team members from Band Protocol, Synthetix and Koinly and targets the social application space.
CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval
The total derivatives trading volume on CME rose 35% in January to $94.9 billion, the highest since October 2021.