CoinDesk 20 performance update: index jumps 1.3% as all constituents trade higher
The CoinDesk 20 index saw a 1.3% increase due to positive market trends, with all constituents trading higher....
Topic: Crypto
State Street and Galaxy launch tokenized fund to bring cash management onchain
A new tokenized fund was launched by State Street and Galaxy, aiming to bring cash management capabilities to the blockchain....
Europe Should Weigh Tokenized SEPA Payments, Bank of Italy Official Says
A Bank of Italy official suggests that Europe should consider tokenized SEPA payments. CoinTelegraph notes that this move could improve the efficiency and security of transactions....
K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI
K Wave Media abandoned their plans for a large Bitcoin treasury and instead redirected $485 million towards Artificial Intelligence (AI) projects....
Bitcoin absorbed $200 million profit-taking at $80,000 in a bullish sign for BTC
A significant amount of profit-taking occurred when Bitcoin reached $80,000, but the market remained bullish as the sell-off was absorbed....
Bullish to Buy Transfer Agent Equiniti for $4.2B
Bullish has agreed to acquire transfer agent Equiniti in a tokenization push. CoinTelegraph reports that the deal is worth $4.2 billion....
Bitcoin's $81K Rally Amid Institutional Hedging
Analysts say Bitcoin's climb to $81,000 is driven by institutional hedging, not fear. Decrypt notes that shorts have paid a 12% annualized carry for 66 days....
Dutch Users Still Access Prediction Markets Despite Polymarket Ban
Despite a ban, Dutch users are still accessing prediction markets through other platforms. CoinTelegraph reports that this move highlights the challenges of regulating online activities....
Coinbase Cuts 14% of Staff Amid Crypto 'Down Market'
Coinbase CEO Brian Armstrong says the crypto exchange is restructuring around artificial intelligence and flattening its org chart. Decrypt reports that this move is part of Coinbase's efforts to navigate the current mar...
Standard Chartered expands further into crypto with stake in GSR at $1 billion valuation
Standard Chartered acquired a significant stake in GSR, expanding their presence in the cryptocurrency market....
Andreessen Horowitz raises $2.2 billion in a new fund, saying crypto fundamentals are at an 'all-time high'
Andreessen Horowitz successfully raised $2.2 billion for their new fund, citing strong cryptocurrency market fundamentals....
Bitcoin price rockets past $81,000 for the first time since January
The price of Bitcoin has risen above $81,000 for the first time since January, with Reuters reporting that it is now valued at over $81,300....
Morning Minute: Crypto VC Haun Raises $1B Amid Market Slump
Crypto venture capital firm Haun has raised $1 billion despite the current market slump. Decrypt notes that this move demonstrates confidence in the crypto industry's potential for growth....
Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees
Following the announcement that Telegram would become the largest validator of TON, Toncoin saw a significant price increase of 36%. The decision to replace the TON Foundation and lower fees likely contributed to this su...
Coinbase cuts 14% of staff as AI reshapes how crypto companies operate
Coinbase has cut 14% of its workforce as it shifts towards using AI to automate operations, according to CoinDesk and Bitcoin Magazine....
TON Surges 36% Amid Fee Reduction Plans
Toncoin has jumped by 36% after Telegram's Pavel Durov pledged to slash fees to near-zero. Decrypt notes that TON meme coins have also seen significant gains, up to 150%....
One bank after another scraps Fed rate-cut forecasts. Bitcoin doesn't care
Several banks have withdrawn their predictions of a Federal Reserve interest rate cut, but the impact on Bitcoin remains unclear....
Bitcoin Taps $81K Amid Long-Term Holder Accumulation
Accumulation by long-term Bitcoin holders has led to a price increase to $81,000. CoinTelegraph reports that this trend could continue if holders maintain their bullish sentiment....
Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure
Bullish is set to acquire Equiniti in a $4.2 billion deal that will enable the creation of tokenized securities, according to CoinDesk....
Ripple to Share North Korean Threat Intelligence with Crypto Industry
Ripple will share threat intelligence on North Korean hackers with the crypto industry. Decrypt reports that this move follows recent exploits of DeFi protocols Drift and KelpDAO....