Bitcoin zooms above $61,000 as inflation fears soften
Bitcoin climbed above $61,000 on Thursday, up about 4.1% over 24 hours, per CoinDesk data, its firmest footing so far this week after a sell-off sent the asset to as low as $58,200 earlier.
Crypto
ChatGPT developer OpenAI said to discuss offering U.S. government a 5% stake: FT
OpenAI has explored the idea of granting the U.S. government a 5% equity stake as part of efforts to strengthen ties with the Trump administration and broaden public participation in the benefits of artificial intellige…
Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears
Binance saw over $2 billion in net outflows over the past 7 days, according to CoinMarketCap data.
Metaplanet buys another $170 million of bitcoin expanding treasury to 43,000 BTC
Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion).
Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
Ethereum layer-2 scaling network Taiko’s cross-chain bridge is back online, just 10 days after the June 22 hack.
Robinhood Launches Multi-Asset Perpetual Futures on Bitstamp
The post Robinhood Launches Multi-Asset Perpetual Futures on Bitstamp appeared first on Coinpedia Fintech News
Solana launches onchain governance and sets entry fee at 100,000 SOL staked
Programmable blockchain Solana has introduced a formal onchain governance system, its GitHub repository shows, giving its validators and token holders a direct, recorded vote on the network’s future for the first time.
XRP edges higher as whale activity rises while retail traders stay cautious
XRP is starting to show signs of accumulation near $1, but the chart has not fully caught up. The token edged higher after a sharp intraday volume spike, while new wallet creation reached its strongest level in three mo…
Bitcoin's long-term holders have returned to accumulation
According to analysis of blockchain data by Glassnode, positive undercurrents are forming beneath the surface, contradicting the bearish sentiment following June's 20% drop.
Tether Freezes USDT in 131 ISIS-K-Linked TRON Wallets
Tether has frozen USDT held in all 131 TRON wallets linked to ISIS-K after the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added 134 cryptocurrency wallet addresses to its sanctions list. According to Chaina…
FBI Director Kash Patel caught sleeping on required disclosure of six-figure MSTR investment: Report
FBI Director Kash Patel failed to timely disclose a six-figure purchase of stock in Strategy (MSTR), the world's largest publicly-listed bitcoin holder, according to a report by nonpartisan news outlet NOTUS.
Ether, solana, dogecoin in the green after Warsh comments push bitcoin above $60,000
Bitcoin traded above $60,700 on Thursday after a quick overnight reversal after Federal Reserve Chair Kevin Warsh said inflation risks had eased, giving a market that spent most of June grinding lower its first clear li…
Ethereum Institutional launch draws support from across the Ethereum ecosystem
The launch of Ethereum Institutional on Wednesday was met with widespread support across the Ethereum ecosystem, with industry leaders arguing the initiative will strengthen Ethereum's position as institutional adoption…
Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood (HOOD) officially launched the public mainnet for Robinhood Chain, marking the company's biggest step yet into onchain financial infrastructure as it looks to expand beyond brokerage services and into decentra…
Ethereum Foundation lays out use cases for governments, institutions in new policy guide
The Ethereum Foundation is making a fresh push to position Ethereum as critical public infrastructure for governments and institutions, publishing a new policy guide on Wednesday that argues the blockchain's decentraliz…
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
Circle (CRCL) shares bounced 5% Wednesday after a 17% plunge, as investors are weighing whether the new Open USD stablecoin consortium backed by Stripe, Mastercard, Coinbase and BlackRock poses a lasting threat to the U…
Cantor says bitcoin bear market may be entering final stretch
Wall Street bank Cantor Fitzgerald said crypto markets are entering the final stage of the current bear cycle, with bitcoin's
Goliath Ventures CEO pleads guilty in $400 million crypto Ponzi case
Christopher Alexander Delgado, the former CEO of Goliath Ventures, pleaded guilty to fraud and money laundering charges stemming from a crypto investment scheme prosecutors said stole at least $400 million from investor…
Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down
Warsh declined to provide guidance on the Federal Reserve's next interest-rate decision, saying policymakers would debate incoming data at their meeting in four weekds, during a panel discussion at the European Central …
EthLabs launches as Ethereum undergoes its biggest leadership transition in years
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.
Europe's MiCA rollout sparks debate over who wins under new crypto rules
The European Union's crypto market entered a new era on Wednesday as its Markets in Crypto-Assets (MiCA) regulation came into full effect, meaning crypto firms serving customers across the 27-nation bloc are required to…
Europe is closing the door on offshore crypto, but it’s leaving the riskiest window open
With the end of MiCA’s transitional period fast approaching, the European Union is finally cracking down on unlicensed crypto exchanges in an effort to purge the continent’s spot markets of rogue operators and protect E…
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
Crédit Agricole (ACA), France's second-largest bank by assets, unveiled a euro-pegged stablecoin, a rival to offerings from smaller peer Société Générale (GLE) and Circle Internet (CRCL) in a market that's also targeted…
Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
Investment bank Standard Chartered has initiated coverage of Morpho, calling the lending protocol a dual-play on decentralized finance (DeFi) that combines a lending market with infrastructure for onchain banks and asse…