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Such outflow activity is the worst since late April, which saw $1.2 billion in total net outflows in trading sessions from April 24 to May 2. Inflows since picked up and saw the products add more than $4 billion in the next 19 days of trading before the ongoing outflow deluge started on June [...]
The post Bitcoin ETFs Post $900M in Net Outflows This Week appeared first on Crypto Breaking News.
“We have a taskforce in Congress that is on Americans wrongfully detained abroad, or held hostage. Clearly in our view, Tigran fits in that camp,” Hill said in the video. “We want him home and we can let Binance, his employer, deal with the Nigerians.” Source: CoinDesk
The post U.S. Lawmakers Visit Detained Binance Exec in Nigeria, Call for Release appeared first on Crypto Breaking News.
The Winklevoss donations to Trump 47 join similar maxed-out contributions from Jeffrey Sprecher, the founder, chairman, and CEO of Intercontinental Exchange, and his wife Kelly Lynn Loeffler, a former U.S. senator and CEO of Bakkt; Joe Ricketts, the founder and former CEO of TD Ameritrade; and Robert Bigelow, who owns Budget Suites of America and [...]
The post Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign appeared first on Crypto Breaking News.
The court declines to find as a matter of law that a reasonable investor would have derived any expectation of profit from general cryptocurrency market trends, as opposed to Ripples efforts to facilitate XRPs use in cross-border payments, among other things, Hamilton wrote. Accordingly, the [court] cannot find as a matter of law that Ripples [...]
The post California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial appeared first on Crypto Breaking News.
“Our goal is to continue pushing the envelope and maintaining Canada as an innovation hub. The Solana ETP will have staking enabled, similar to our Ether ETPs, allowing us to pass through the yield to investors,” Christopher Matta, a Strategic Advisor to 3iQ, told CoinDesk in a phone interview. Source: CoinDesk
The post Canada’s 3iQ Files to List Solana ETP in Toronto appeared first on Crypto Breaking News.
3. Polkadot’s decentralized governance approved the Join-Accumulate Machine (JAM) protocol as the network’s future architecture, according to the team: “JAM, a minimalist blockchain concept, will support secure rollup domain-specific chains and offer synchronous composability across services. To encourage development, Web3 Foundation launched the JAM Implementers Prize, a 10 million DOT fund (~$64.7M USD), for creating [...]
The post The Protocol appeared first on Crypto Breaking News.
Expand to an actively managed portfolio encompassing tokens from the Top 150 by market cap and you start to see a much more dynamic picture, spanning Layer 1s and related infrastructure (like scaling solutions and interoperability), DeFi (from trading and lending to asset management), entertainment (including gaming and the metaverse), decentralized physical infrastructure networks (DePIN, [...]
The post Why You Should Diversify Your Digital Asset Portfolio appeared first on Crypto Breaking News.
Parallelized Ethereum Virtual Machines (EVMs) break down smart contract execution into parallel tasks, harnessing the power of multiple nodes simultaneously. The most popular parallelized EVMs, such as Sei (SEI), Canto (CANTO), Nomad, and NeonEVM (NEON), are attempting to do this by processing transactions off-chain, then aggregating them back onto the Ethereum mainnet. This approach drastically [...]
The post Crypto’s Long-Tail Disruptive Trends appeared first on Crypto Breaking News.
Both efforts saw a higher-than-expected showing of support from Democrats, and the tallies are being used to assess lawmakers. Stand With Crypto, an advocacy group started by Coinbase, maintains a grading system for politicians. The “D” grade for Sen. Mark Warner (D-Va.), for instance, reflects his no vote on the SAB 121 resolution, while the [...]
The post Jump Crypto Adds $10M to Industry’s U.S. Political War Chest, Raising PAC to $169M appeared first on Crypto Breaking News.
However, when the team applied in mid-May to list the token on Kraken, one of the oldest and largest U.S. exchanges, they never heard back, Steven Steele, marketing director of the TRUMP token, told CoinDesk in a Telegram message. A Kraken spokesperson had no comment. Source: CoinDesk
The post Original TRUMP Token Struggles With Exchange Listings as DJT Rockets appeared first on Crypto Breaking News.
In fact, the hashrate has already started to come down since reaching an all-time high in March. As of June 17, it is lower by 10% to 589 EH/s, according to Hashrate Index data. Since most miners are located in the U.S., particularly in steamy Texas, companies in North America shutting down their operations will [...]
The post Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves appeared first on Crypto Breaking News.
“For example, there could be months when the unstaking period is six or nine days, and that range can be so wide, it changes your liquidity requirements,” Snyder said. “And it doesn’t just jump from nine to 22 days. It actually slowly extends and if you monitor these things, there are data inputs that you [...]
The post Ether ETF’s Lack of Staking Won’t Dampen Strong Institutional Demand, 21Shares’ Ophelia Snyder Says appeared first on Crypto Breaking News.
CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source: CoinDesk
The post UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update appeared first on Crypto Breaking News.
June 13: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]
The post Protocol Village: Synthetix Launches on Arbitrum, Adding to Chains Beyond Ethereum appeared first on Crypto Breaking News.
The ZK token opened at $0.31 and is down about 31% since then, trading at $0.22 at the time of writing, according to CoinGecko. The market capitalization stands at about $800 million, based on the circulating supply, with about 3.7 billion tokens eligible to be distributed. On a fully diluted basis, the market cap would [...]
The post ZKsync Airdrop of ‘ZK’ Token Puts Initial Market Cap Near $800M appeared first on Crypto Breaking News.
Bitcoin has been chopping sideways in a tight range below its all-time record prices since March, flushing out excess leverage in liquidation cascades, and surely causing some impatience from market participants, particularly the “number go up” crowd. Underscoring the boring price action, bitcoin’s 30-day realized volatility has dropped to near historic low levels, Alex Thorn, [...]
The post Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins appeared first on Crypto Breaking News.
Deutsche Telekom has been very active in the digital assets sector for years. It has been running validators on networks such as Polygon, Q, Flow, Celo, Chainlink and Ethereum. The telecom giant also started Energy Web Chain last year, which the company said was “the worlds first public blockchain designed explicitly for the energy sector” [...]
The post Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin appeared first on Crypto Breaking News.
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]
The post Crypto Trading Firm Cumberland Acquires New York’s BitLicense appeared first on Crypto Breaking News.
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]
The post ‘DJT’ Solana Token Surges on Unconfirmed Report Trump’s Behind It appeared first on Crypto Breaking News.
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]
The post PoliFi Tokens Down Double Digits as New DJT Token Rumored to Have Official Backing appeared first on Crypto Breaking News.
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