News from CoinDesk
What is your interest today?
BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June
In June, BitFuFu expanded its mining power and electricity usage, resulting in a total Bitcoin holding of 1,792 BTC, reflecting notable growth in its digital asset accumulation.
Read Full Article →Bitcoin Miner CleanSpark Produced 685 BTC in June, Hit 16.15 J/TH in Efficiency
CleanSpark’s June mining output of 685 bitcoins and improved energy efficiency contribute to its ongoing growth, solidifying its position as one of the top publicly traded holders...
Read Full Article →Bitcoin Slips Below $108K, Erases Weekend Gains as Trump Ramps Up Tariffs
The recent tariff increases and geopolitical tensions have contributed to a decline in Bitcoin's value, reversing earlier profits and highlighting potential risks for investors in...
Read Full Article →Crypto VC Paradigm Leads $11.6M Round for Kuru Labs’ DeFi Liquidity Engine
The recent funding round, led by a prominent crypto venture capital firm, will support the development of an advanced decentralized finance platform utilizing Monad’s high-speed bl...
Read Full Article →Without Operational Alpha, Bitcoin Treasury Company Premiums Will Collapse
A company's ability to generate returns through active management is crucial for maintaining investor confidence, as relying solely on accumulating bitcoin assets for yield may lea...
Read Full Article →ICP Rebounds From Intraday Lows as Support at $4.80 Holds Firm
ICP's recent recovery after a midday decline highlights its ability to maintain a stable position around $4.80, suggesting potential for continued positive momentum despite fluctua...
Read Full Article →The Coming Crypto Tax Bomb
The increasing discrepancy between taxpayer understanding and IRS regulations regarding cryptocurrency taxation could lead to unexpected financial liabilities for individuals invol...
Read Full Article →NEAR Protocol Surges Past $2.19 Resistance on 61% Volume Spike
The recent increase in trading activity and technical breakthrough suggests NEAR Protocol may experience further gains, coinciding with Bitcoin reaching a notable price level above...
Read Full Article →BNB Holds Near $660 as Traders Weigh Breakout Potential
BNB’s price stability near the mid-$660 range indicates cautious market activity, reflecting a balance between demand and supply that could influence future trading volumes and inv...
Read Full Article →Kevin O’Leary: U.S. Must Learn From Bitcoin Miners to Win ‘AI Wars’
Institutional investors and policymakers are increasingly recognizing the financial implications of applying energy-efficient practices from cryptocurrency mining to optimize AI da...
Read Full Article →BONK Reclaims Momentum as Solana ETF Buzz and Ecosystem Growth Drive Rally
BONK experienced a notable price increase and heightened trading activity, supported by rising interest in Solana ETFs and positive developments within its ecosystem, including inc...
Read Full Article →Russia Creates Registry of Crypto Mining Equipment to Tighten Oversight
The newly established database aims to monitor mining operations more effectively, enabling authorities to implement taxation and energy regulations that could impact the financial...
Read Full Article →Crypto Miner Bit Digital Up 26% After Swapping Bitcoin for Ether
The company’s decision to exchange a portion of its bitcoin holdings for ether reflects a strategic move that may impact its asset portfolio and potential revenue streams in the ev...
Read Full Article →SEC Sets July Deadline for Solana ETF Refilings, Clearing Path for Pre-October Approval
The SEC’s upcoming July deadline for resubmitting Solana ETF applications is a key step that could influence the timing of potential regulatory approval before mid-October.
Read Full Article →Polymarket Embroiled in $160M Controversy Over Whether Zelensky Wore a Suit at NATO
The ongoing dispute surrounding the $160 million claim highlights concerns about the effectiveness and transparency of UMA's governance system within the Polymarket platform.
Read Full Article →Threshold's Bitcoin Backed tBTC Debuts on Sui, Unlocking $500M in Liquidity
The integration enables users on Sui to create tokenized Bitcoin assets natively, potentially increasing the availability of over $500 million in digital liquidity within the platf...
Read Full Article →Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range
The acquisition reflects CoreWeave’s strategic expansion efforts and financial strength, influencing market valuations of related companies while remaining consistent with analyst...
Read Full Article →Bitcoin Developer Jon Atack Briefly Arrested in El Salvador After Neighborly Dispute
The brief detainment of a prominent cryptocurrency developer in El Salvador highlights potential legal and reputational risks that could influence investor confidence and market pe...
Read Full Article →CoinDesk 20 Performance Update: AAVE Gains 9.4% as All Assets Trade Higher
Several major cryptocurrencies, including AAVE and Uniswap, experienced notable price increases over the weekend, reflecting a broader positive trend across the digital asset marke...
Read Full Article →PEPE Fades 100-day Average Breakout as 'Distribution' Continues
Pepe's inability to sustain levels above its 100-day moving average reflects persistent market selling, indicating potential challenges for its price stability and investor confide...
Read Full Article →Strategy Books $14B Q2 Bitcoin Profit, Sets $4.2B STRD Preferred ATM Offering
The substantial increase in bitcoin’s value during the quarter contributed to Strategy securing a $14 billion profit and initiating a $4.2 billion preferred ATM offering to enhance...
Read Full Article →Satoshi Era-Whale's $8B Bitcoin Move Could Be Linked to Wallet Security Upgrade: Arkham
A substantial transfer of Bitcoin valued at approximately $8 billion appears to be related to enhanced digital asset protection, reflecting precautionary management instead of imme...
Read Full Article →CoreWeave to Acquire Core Scientific in $9B All-Stock Deal
The transaction represents a significant premium over previous trading prices, reflecting CoreWeave’s strategic investment through a stock exchange to expand its position in the bl...
Read Full Article →Stone Cold BTC Drains Bull Mood From Long-Term Options: Crypto Daybook Americas
Recent trends in Bitcoin's performance have led investors to reassess long-term derivative positions, reflecting a shift in market sentiment and potential impacts on future financi...
Read Full Article →Vitalik Buterin's New Proposal Seeks 16.7M Gas Cap on Ethereum to Rein In Transaction Bloat
Implementing a 16.7 million gas limit on Ethereum could influence transaction processing costs by necessitating the division of sizable operations into multiple smaller, potentiall...
Read Full Article →Crypto Exchange Mercado Bitcoin to Tokenize $200M in Real-World Assets on XRP Ledger
Mercado Bitcoin plans to convert $200 million worth of physical assets into digital tokens using the XRP Ledger, representing a significant advancement in asset digitization within...
Read Full Article →Bitcoin Whales Scoop Up BTC as Price Nears Record High in Sign of Growth Expectations
Major cryptocurrency investors are increasing their Bitcoin holdings significantly as the price approaches peak levels, indicating their anticipation of future market expansion des...
Read Full Article →Bitcoin's Potential Bull Market Resistance: $115K or $223K?
Technical analysis of Bitcoin price charts indicates possible key resistance points around $115,000 and $223,000, which could influence future market trends and investment decision...
Read Full Article →U.S. Secret Service Quietly Becomes a Leading Crypto Cop as Digital Fraud Soars: Bloomberg
Collaboration between the U.S. Secret Service and major cryptocurrency firms has enabled the recovery of substantial funds, highlighting the growing financial impact of digital fra...
Read Full Article →The Blockchain Group Bolsters Bitcoin Reserves With $12.5M BTC Acquisition
The company's recent $12.5 million purchase of cryptocurrency increased its digital asset holdings to 1,904 BTC, potentially enhancing its financial position through expanded inves...
Read Full Article →