Live Wire

Live Wire

Live Wire

Today

Leonidas's DOG•GO•TO•THE•MOON token secured a coveted satoshi during the fourth Bitcoin halving. (DOG•GO•TO•THE•MOON)
Markets

Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens

Though finding value in meme coins isn't always easy.

April 20, 2024

BTC chart (CoinDesk data)
Markets

Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving

Bitcoin had slumped to as low as $59,685 on Friday morning, then rebounded heading into the event.

April 20, 2024

Screenshot of livestreamed watch party hosted by Tone Vays (YouTube)
Technology

The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees

The launch of Casey Rodarmor's new Runes protocol sent fees surging as users rushed to etch new digital tokens that can be launched atop the Bitcoin blockchain.

April 20, 2024

April 19th

Atmosphere
Technology

Protocol Village: Telos to Work With R&D Firm Ponos on Hardware-Accelerated Ethereum ZkEVM

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.

April 19, 2024

He bought a Lambo, allegedly. (Wes Tindel/Unsplash)
Policy

Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto

According to court documents, Chirag Tomar used his ill-gotten gains to buy Rolexes, Lamborghinis, Porches and more.

April 19, 2024

(Hal Finney)
Consensus Magazine

Bitcoin Pioneer Hal Finney Posthumously Wins New Award Named for Him

The Human Rights Foundation has set aside 33 bitcoin to honor individuals who contribute to Bitcoin's advancement.

April 19, 2024

Whales feeding (Shutterstock)
Markets

Bitcoin Whales Bought $1.2B BTC Amid the Price Dip, Fueling the Quick Rebound

IntoTheBlock data shows that the largest bitcoin investors added nearly 20,000 BTC to their holdings as the top crypto briefly buckled below $60,000 on fears of military escal...

April 19, 2024

The U.S. Internal Revenue Service has posted an early draft of the U.S. tax form for reporting crypto transactions. (Jesse Hamilton/CoinDesk)
Policy

IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

The rule that calls for the new 1099-DA isn't finished, yet, but the U.S. tax agency has shared what the form might look like to report brokered sales of digital assets.

April 19, 2024

Token unlocks are usually bearish events, increasing a token's supply.(FLY:D/Unsplash)
Consensus Magazine

Bitcoin Will Power the Next DeFi Summer

The blockchain is emerging as a critical security-provider for decentralized apps and as an asset with newfound utility and interoperability.

April 19, 2024

(Dylan Mullins/Unsplash)
Consensus Magazine

Google Searches for 'Bitcoin Halving' Get Higher Than 4/20

One of the closely watched indicators of retail interest is booming.

April 19, 2024

(Zdeněk Macháček/Unsplash)
Consensus Magazine

Leaving Behind Bitcoin Sectarianism

After years of infighting over how to scale the blockchain, the community is again experimenting with ways to turn Bitcoin into a suitable platform to develop on.

April 19, 2024

Globe, World (Kyle Glenn/Unsplash)
Markets

Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says

These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.

April 19, 2024

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Markets

First Mover Americas: Bitcoin Price Bounces as Halving Nears

The latest price moves in crypto markets in context for April 19, 2024.

April 19, 2024

Tether CEO Paolo Ardoino (Tether)
Finance

Tether Seeks to Boost Peer-to-Peer Payments on Telegram by Expanding Dollar, Gold Stablecoins to TON Network

The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.

April 19, 2024

Scrabble letters spelling ETF arranged a rack
Markets

Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving

GBTC again led the outflows, while inflows into BlackRock's IBIT continued to slow, provision data from Farside show.

April 19, 2024

(Artem Oleshko/Shutterstock)
Finance

Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark

Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.

April 19, 2024

(Jesse Hamilton/CoinDesk)
Markets

Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year

The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.

April 19, 2024

(CoinDesk Indices)
Markets

Bitcoin Back Above $62K as Crypto Market Calms After Reports of Limited Damage From Israeli Attack

Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.

April 19, 2024

April 18th

Chia Network CEO Gene Hoffman (CoinDesk TV)
Finance

Chia Network Makes Progress Toward an IPO, CEO Says

The cryptocurrency company founded by BitTorrent's inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse.

April 18, 2024

(Giovanni Calia/Unsplash)
Consensus Magazine

This Bitcoin Halving Is Different. But Is It 'Priced In'?

Institutions launching bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin...

April 18, 2024