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Latest headlines from Coindesk.

Man Who Laundered Billions in Bitcoins Says Bitcoin Fog Was a Help: Bloomberg

Ilya Lichtenstein, one of the crypto industry's most high-stakes criminals, is now helping federal prosecutors in their case against Bitcoin Fog, one of the mixing services he said he'd used to concea...

https://www.coindesk.com/policy/2024/02/27/man-who-laundered-billions-in-bitcoins-says-bitcoin-fog-was-a-help-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Why the ENS Battle Over Eth.Link Matters

The critical piece of infrastructure serves as a bridge between Web3 and the wider web and symbol for the limits of decentralization.

https://www.coindesk.com/consensus-magazine/2024/02/27/why-the-ens-battle-over-ethlink-matters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Uniswap's 38% Advance Leads CoinDesk 20 Gainers Over the Past Week: CoinDesk Indices Chart Pack

Just four cryptos in the index outperformed Bitcoin's 5.2% gain.

https://www.coindesk.com/markets/2024/02/27/uniswaps-38-advance-leads-coindesk-20-gainers-over-the-past-week-coindesk-indices-chart-pack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin-Focused Payments App Strike Rolls Out Services to Africa

Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday.

https://www.coindesk.com/business/2024/02/27/bitcoin-focused-payments-app-strike-rolls-out-services-to-africa/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlackRock Bitcoin ETF Heads for Second Consecutive Day of Over $1B Volume

Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.

https://www.coindesk.com/markets/2024/02/27/blackrock-bitcoin-etf-heads-for-second-consecutive-day-of-over-1b-volume/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Play-to-Earn Will Make the Pie Bigger

Despite being ostracized by the broader gaming community, financially-motivated players could unlock remarkable growth in both gaming and crypto, says Leah Callon-Butler.

https://www.coindesk.com/consensus-magazine/2024/02/27/play-to-earn-will-make-the-pie-bigger/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark

A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.

https://www.coindesk.com/markets/2024/02/27/microstrategy-is-a-timely-play-on-bitcoin-halving-initiate-at-buy-benchmark/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Days After Ditching Aave, Risk Manager Gauntlet Moves to Rival Lender Morpho

According to Gauntlet, the move offers the potential for more money with greater flexibility.

https://www.coindesk.com/tech/2024/02/27/days-after-ditching-aave-risk-manager-gauntlet-moves-to-rival-lender-morpho/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PEPE and WIF Jump 50%, Putting Ethereum and Solana Meme Coins in Focus

PEPE tokens were up as much as 51% in the past 24 hours as some traders considered the meme tokens as an Ethereum ecosystem bet.

https://www.coindesk.com/markets/2024/02/27/pepe-and-wif-jump-50-putting-ethereum-and-solana-meme-coins-in-focus/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AERO Surges 77% After CB Ventures Invests In Aerodrome Finance

AERO, the native token of liquidity protocol Aerodrome Finance, jumped by 77% on Tuesday after it was selected by the Base Ecosystem Fund, which is led by CB Ventures.

https://www.coindesk.com/markets/2024/02/27/aero-surges-77-after-cb-ventures-invests-in-aerodrome-finance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin’s Bitfinex-Led Surge

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/02/27/first-mover-americas-bitcoins-bitfinex-led-surge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Demand Is Driven by U.S. Investors, Data Shows

Coinbase premiums for ether (ETH) tokens were higher than usual in the past week, suggesting the demand was led by U.S. investors, CryptoQuant said.

https://www.coindesk.com/markets/2024/02/27/ether-demand-is-driven-by-us-investors-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stablecoin USDC Is Making a Comeback: Coinbase

Total market cap of the dollar-linked coin has increased faster than larger rival USDT's in recent months.

https://www.coindesk.com/markets/2024/02/27/stablecoin-usdc-is-making-a-comeback-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OKX Expands to Turkey as Part of Global Expansion Plan

OKX President Hong Fang says there is a high demand for crypto in the country.

https://www.coindesk.com/business/2024/02/27/okx-expands-to-turkey-as-part-of-global-expansion-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again

Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.

https://www.coindesk.com/policy/2024/02/27/republican-lawmakers-introduce-legislation-to-ban-a-cbdc-in-the-us-again/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chart Expert Peter Brandt Raises Bitcoin's 2025 Target to $200K on Channel Breakout

Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.

https://www.coindesk.com/markets/2024/02/27/chart-expert-peter-brandt-raises-bitcoins-2025-target-to-200k-on-channel-breakout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Shorts Lose $150M as BTC Poised For “Tremendous Upside”

A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.

https://www.coindesk.com/markets/2024/02/27/bitcoin-shorts-lose-150m-as-btc-poised-for-tremendous-upside/?utm_medium=referral&utm_source=rss&utm_campaign=headlines