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Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K

ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 shares of the crypto exchange for $5.4 million.

Cryptocurrency

6 Aug 2024

Martin Shkreli-led Trump memecoin DJT plummets 95%

Roger Stone, a close aide to Trump, previously denied any involvement of the former president or his son with the TrumpCoin memecoin.

Cryptocurrency

6 Aug 2024

UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded

The Law Commission’s final report urges the UK government to reclassify crypto assets, addressing current legal gaps.

Cryptocurrency

6 Aug 2024

Vitalik Buterin unveils plan to solve cross-chain L2 interoperability

“I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems,” said the Ethereum co-founder.

Cryptocurrency

6 Aug 2024

Developer says he hacked Atari’s ‘on-chain game’ to prove a point

Kautuk Kundan says he sabotaged the leaderboard of Atari’s Base-developed “on-chain” Asteroids game to prove that crypto games should be verifiable on a blockchain.

Cryptocurrency

6 Aug 2024

OpenAI co-founder leaves for AI rival Anthropic

OpenAI co-founder John Schulman says he's leaving OpenAI to focus more intently on AI alignment and "hands-on technical work" at rival firm Anthropic.

Cryptocurrency

6 Aug 2024

SEC pushes back against Coinbase's 'overly broad' discovery requests

The regulator claims that Coinbase's document discovery requests are overly broad and disproportionate to the needs of the case.

Cryptocurrency

6 Aug 2024

Bitcoin falls to ‘extreme fear’ on Aug. 5 as $168M exits ETFs

The Crypto Fear & Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest since July 12, 2022.

Cryptocurrency

6 Aug 2024

How the Bank of Japan wrecked the yen carry trade — and crypto markets

Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role.

Cryptocurrency

6 Aug 2024

Bitcoin decline is similar to the start of the 2016 bull run — Peter Brandt

Bitcoin declined by a very similar amount following the 2016 halving and before the 2017 bull run.

Cryptocurrency

6 Aug 2024

Crypto critics file updated campaign finance complaint against Coinbase

The complainants and Coinbase disagree on whether a government contract to custody seized crypto breaches campaign finance laws or not.

Cryptocurrency

6 Aug 2024

US Bitcoin, Ethereum ETFs hit $6B volume amid market rout

Bitcoin plunged to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.

Cryptocurrency

6 Aug 2024

US senators urge CFTC to finalize ban on election betting

It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.

Cryptocurrency

5 Aug 2024

Trump cautions Biden administration not to sell Bitcoin

The former president continues to highlight that if the United States does not innovate in the digital asset sector, other countries will.

Cryptocurrency

5 Aug 2024

The Bitcoin bottom is not in — BTC traders set price targets in low $40K range

Crypto traders appear to agree that today’s market rout is far from over.

Cryptocurrency

5 Aug 2024

Swan Bitcoin cancels conference amid staff reduction, mining shutdown

According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.

Cryptocurrency

5 Aug 2024

US government transfers 300 ETH — Arkham Intelligence

The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.

Cryptocurrency

5 Aug 2024

Crypto market’s ‘perfect storm’ can lead to further massive capitulation

A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm?

Cryptocurrency

5 Aug 2024

Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing

Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.

Cryptocurrency

5 Aug 2024

Ethereum price recovery from 8-month low could take longer than expected — Analysts

Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.

Cryptocurrency

5 Aug 2024

Arizona primary involving crypto Super PAC’s $1.3M is a squeaker

The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.

Cryptocurrency

5 Aug 2024

Elon Musk renews lawsuit against OpenAI, Sam Altman — Filing

Musk claims he was misled about the ChatGPT creator’s true purpose.

Cryptocurrency

5 Aug 2024

Key takeaways from the Golden Boys’ attack on Compound DAO

A group of Compound DAO members called the "Golden Boys" won a narrow vote to manage 5 percent of the DAO treasury on members’ behalf. Here’s what we can learn.

Cryptocurrency

5 Aug 2024

Polymarket tops $1B in betting volume amid US election hype

More than one-third of the platform’s lifetime volume was traded in July, with speculators betting hard on the US presidential race.

Cryptocurrency

30 Jul 2024

Artists sue SEC over confusing security status of NFTs

Attorneys representing the artists drew parallels to Taylor Swift concert tickets, which are often sold on the secondary market.

Cryptocurrency

29 Jul 2024

Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range

Crypto traders say Bitcoin is at an “inflection point” after BTC’s open interest rises and the cryptocurrency’s price pushes into a new range.

Cryptocurrency

29 Jul 2024

Kamala Harris to consider Gary Peters as running mate: Report

Gary Peters joins Gavin Newsom, Pete Buttigieg, JB Pritzker, and Josh Shapiro as potential vice presidential candidates.

Cryptocurrency

29 Jul 2024

Bitcoin price closes in on all-time high as political and TradFi tone and tenor shift

BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations.

Cryptocurrency

29 Jul 2024

Everything Bitcoin: L2s see wave of adoption, but security needs to catch up

The Bitcoin 2024 conference showcased dozens of protocols driving innovation on the Bitcoin blockchain. Cointelegraph’s team explored the promises and challenges emerging around the world.

Cryptocurrency

29 Jul 2024

One Trading receives Dutch license, onshores EU crypto futures

The Bitpanda spinoff offers Tradfi the advantages of blockchain and could soon provide investors with a host of new advantages.

Cryptocurrency

29 Jul 2024