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Bitcoin Briefly Tops $68K as Biden Dropout Riles Up Crypto Bulls

The general possibility of a crypto-friendly government coming into power is bumping sentiment among professional traders, one firm said.

Jul 22, 2024 at 7:17 a.m. UTC
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Being Compliant is the Key: Understanding the Growth of Fastex

Sponsored by Fastex
Jul 17, 2024 at 4:30 p.m. UTC
Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory

Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 mill...

Jul 22, 2024 at 2:42 p.m. UTC
Solana ETF Hopes, Rising Fundamentals Are Driving SOL Prices Higher, Traders Say

The total value of tokens locked on Solana has increased over 25% in a month, crossing the $5.28 billion mark to levels not seen since April 2022, data tracked by DefiLlama sh...

Jul 22, 2024 at 12:04 p.m. UTC
Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan

The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.

Jul 22, 2024 at 9:44 a.m. UTC
Bitcoin Traders Brace for 'Fat Tails' as Focus Shifts to Trump's Nashville Bitcoin Conference Speech

Speculation is high that Trump will announce a bigger role for BTC in the financial system, triggering a parabolic rise in the cryptocurrency's price, one observer said.

Jul 22, 2024 at 7:07 a.m. UTC
Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark

The broker raised its price target for the shares to $16 from $13 while reiterating its buy rating on the stock.

Jul 22, 2024 at 12:27 p.m. UTC

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Jul 21, 2024 at 7:07 p.m. UTC

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Decentralized Physical Infrastructure Networks (DePIN) use blockchains to incentivize communities to create shared real-world services. Follow CoinDesk for continuing coverage of one of the hottest areas of the Web3 economy.


Discovery

(Tom S/Unsplash, modified by CoinDesk)

Why Decentralized AI Is Gaining Steam

A year ago, “Crypto+AI” sounded like a game of “VC mad libs.” Now, as real-world applications begin to emerge, the idea makes much more sense. Jeff Wilser, who is hosting the...

May 23, 2024
Joe Lubin, founder and CEO of Consensys, discusses Ethereum's political prospects. (Shutterstock/CoinDesk/Suzanne Cordiero)

Crypto Is a Core American Issue, Consensys’ Joe Lubin Says

The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.

May 29, 2024
Misty valley in Leeds, Yorkshire with electricity pylons

DePIN Can Rebuild the Grid From the Bottom Up

As the U.S. electricity grid struggles with wide scale outages, crypto-powered demand response programs can save customers billions. These decentralized generative energy netw...

Jun 28, 2024
Mike Novogratz, Galaxy founder and CEO, discusses the practical changes that would follow Democratic support of crypto. (CoinDesk/Shutterstock/Suzanne Cordiero)

Meet Mike Novogratz, the Political Commentator

In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto.

May 31, 2024
(Chris Dixon, modified by CoinDesk)

Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto

The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”

Jan 31, 2024
(White House, modified by CoinDesk)

Everyone at Consensus 2024 Is Talking About Biden’s Crypto Flip Flop. Is He for Real?

Attendees are cautiously optimistic about apparent regulatory and legislative changes, though not everyone is convinced.

May 30, 2024







Policy

Finance Minister Nirmala Sitharaman (center) (Indian Ministry of Finance)

India Unlikely to See Crypto Tax Reduction in Tuesday's Budget

An unexpected election result and last week's $230 million hack of crypto exchange WazirX appear to have dented any hopes of a reduction in the tax.

Jul 22, 2024
Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)

With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

Vice President Kamala Harris is in the strongest position after Biden's departure.

Jul 21, 2024
The E. Barrett Prettyman courthouse in Washington, D.C. (Nikhilesh De/CoinDesk)

A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance

A federal judge is reviewing what role third-party tokens may play in the SEC's ongoing case against Binance.

Jul 19, 2024
New Delhi, India (Unsplash)

WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit

WazirX said "many exchanges" were "cooperating" with them and that their immediate plans included "tracing the stolen funds, recovering customer assets, and conducting a deepe...

Jul 19, 2024
Germany's regulator has toughened its crypto warning (Hiroshi Higuchi/Getty Images)

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 ma...

Jul 18, 2024