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U.S. House Fails to Override Biden’s SEC Veto of Bill That Would End Controversial SEC Guidance

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Cryptocurrency
11 Jul 2024

SEC will not pursue enforcement action against Paxos


The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
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Cryptocurrency
11 Jul 2024

Crypto for Advisors: Crypto and Compliance

The coming years are crucial for compliance and risk in crypto. Beth Haddock discusses strategies advisors can take to protect their brand while serving clients as fiduciaries.
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Cryptocurrency
11 Jul 2024

Bitcoin price CPI gains last just 1 hour as Mt. Gox sell-off fears linger


A clutch CPI beat fails to buoy heavy crypto markets for long, with Bitcoin gaining then losing $1,000 within an hour.
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Cryptocurrency
11 Jul 2024

Iggy Azalea’s MOTHER Token Jumps Over 50% After Partnering With DWF Labs

MOTHER jumped over 25% after the announcement to nearly 4 cents.
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Cryptocurrency
11 Jul 2024

From Coin-Operated Machines to Token-Operated Gaming

On-chain games that establish a community-driven governance model, where players actively participate in decision-making, provide real ownership and accountability to the gaming community, says Ben Rubin, CEO & co-founder, Towns.
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Cryptocurrency
11 Jul 2024

How law enforcement struggles with sophisticated crypto laundering


Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services, as highlighted in a new Chainalysis report on money laundering.
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Cryptocurrency
11 Jul 2024

Supreme Court ruling ‘changes the game’ for US crypto firms


The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.”
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Cryptocurrency
11 Jul 2024

Get Ready for More AI Mania This Earnings Season

Artificial intelligence-related stocks are set to deliver stellar second-quarter results, but the S&P 500 laggards need to catch up faster from here in order to meet the market’s expectations.
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News
11 Jul 2024

CoinDesk 20 Performance Update: NEAR and APT Lead as Index Rises 0.2%

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Cryptocurrency
11 Jul 2024

Decade after Ethereum ICO: Blockchain forensics end double-spending debate


Magazine and Gray Wolf’s investigation concluded that Bitcoin was not double spent in Ethereum’s 2014 ICO, but illicit actors may have laundered their dirty crypto.
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Cryptocurrency
11 Jul 2024

MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally

The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.
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Cryptocurrency
11 Jul 2024

Fireblocks Adds First Clutch of Crypto Safekeeping Firms to Its Global Custodian Program

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Cryptocurrency
11 Jul 2024

Bitcoin Miner Ionic Digital Hires CFO to Shepherd IPO

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Cryptocurrency
11 Jul 2024

Insurers Are Braced for More Beryls

Despite its early arrival, the storm hits an insurance market that has already raised the price of catastrophe coverage.
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News
11 Jul 2024

US Dollar Slumps After Inflation Eases Further – Stocks, Gold, and Silver Rally

The US dollar fell sharply after the latest US CPI data showed inflation easing by more than forecast. US stocks and gold are rallying into the US open.
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Forex
11 Jul 2024

DAO-Specific Legislation Isn’t Needed Yet, English Legal Body Says

The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
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Cryptocurrency
11 Jul 2024

Exponential.fi Wants to Make It Easier to Invest in DeFi

The platform aims to make it easy to identify opportunities, bridge fiat, assess risk, and invest in crypto all-in-one.
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Cryptocurrency
11 Jul 2024

U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

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Cryptocurrency
11 Jul 2024

Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan

The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
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Cryptocurrency
11 Jul 2024

MicroStrategy plans 10-for-1 stock split to boost accessibility


MicroStrategy announces 10-for-1 stock split to enhance stock accessibility for investors and employees.
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Cryptocurrency
11 Jul 2024

Crypto voters are bipartisan in desire to update the system — Coinbase


According to a new Coinbase study, crypto voters are diverse, enthusiastic and poised to impact key battleground states in the upcoming US presidential election.
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Cryptocurrency
11 Jul 2024

First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report

The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Cryptocurrency
11 Jul 2024

Compound Finance, Celer Site Compromised in Phishing Attack

The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected.
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Cryptocurrency
11 Jul 2024

Bitget reports $700M capital inflow in Q2, adds 2.9M users


The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
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Cryptocurrency
11 Jul 2024

Gold Prices Edge Closer To Record Highs As Fed Rate Cut Hopes Boost Demand

The market is again very close to $2,400/ounce and, while fundamental support is solid, may be due a breather.
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Forex
11 Jul 2024

Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset

Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.
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Cryptocurrency
11 Jul 2024

Binance finalizes sale of majority stake in Gopax: Report


Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.
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Cryptocurrency
11 Jul 2024

Dow higher, while Nasdaq 100 and Nikkei 225 push to new highs

Indices are rallying ahead of today’s US inflation data, including the Dow, which has finally made some strong gains.
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Forex
11 Jul 2024

IEA Cuts 2025 Oil Demand Forecast, Lifts Supply View

The International Energy Agency trimmed its forecast for oil-demand growth next year and raised supply estimates, a scenario that would likely leave the market in surplus, reinforcing its expectations of a major glut this decade.
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News
11 Jul 2024

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