Browsing: CoinDesk

Spot ether exchange-traded funds successfully debuted in the U.S. on Tuesday, but regulators didn’t let the ETFs generate income for investors by staking their ETH. The absence represents a disadvantage over directly holding the cryptocurrency, but issuers are hopeful regulators will eventually allow staking. Eight newly approved spot ether (ETH) exchange-traded funds got off to

Last year, a social experiment called $GREED aimed to teach crypto enthusiasts a lesson, tricking them into tweeting an embarrassing message. The project is back. This time, there’s real money involved – a lot of it. 02:02 Marathon Digital Buys $100M BTC; India’s Special Task Force for Crypto-Related Drug Trafficking 00:53 Ether Slides as Grayscale’s

Bernstein said bitcoin miners have upside from the power portfolios they control. Miners that focus on an active power strategy and efficiency are more likely to see a valuation rerating, the report said. Large miners remain focused on bitcoin production and Riot Platforms, CleanSpark and Iris Energy are best positioned to grow market share, the

Sygnum Bank said crypto spot and derivatives trading surged in the first half, propelling it to its first half-yearly profit. The Swiss lender plans to expand into the European Union and Hong Kong in the coming months. 00:34 Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance 08:15 Zuckerberg Says Meta Has ‘Exciting Roadmap’ With Threads

The Nasdaq and S&P 500 on Wednesday each suffered their worst declines since late 2022, but the price of bitcoin (BTC) mostly held up, remaining around the $66,000 level where it was a day earlier. The broad-market crypto benchmark CoinDesk 20 Index was also flat over the past 24 hours, with Solana’s SOL and Ripple’s

We’re headed to the Bitcoin Nashville conference this week and looking forward to a lot of deep discussions about building on the original blockchain – as well as hearing what former President Donald Trump has to say . (We understand the security will be quite tight.) I’ll be moderating a panel at a side event

Coinbase Asset Management is creating a tokenized money-market fund, according to four people familiar with the plan. Tokenization of real-world assets is a hot corner of crypto. BlackRock’s tokenized U.S. Treasuries fund quickly grabbed $500 million of assets this year. 06:22 Philippines Taps Blockchain 04:56 BlackRock CEO Predicts Tokenization Is the Future of Markets 00:48

Bitstamp’s action follows reports by creditors receiving assets on Kraken on Wednesday. The prices of bitcoin and bitcoin cash declined after the news. 02:26 DCG Reaches In-Principle Deal With Genesis Creditors 02:06 Crypto Custodian Prime Trust Files for Bankruptcy 04:58 Celsius Can Start Converting Altcoins to Bitcoin, Ether as of July 1, Judge Says 05:48

Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration might differ from the Biden Administration’s approach to

Hex Trust says it has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution License. This has been a multi-year process for the custodian, but will be well worth it as regulation is the future, its CEO Alessio Quaglini said in an interview. Crypto custodian Hex Trust announced on Wednesday