Avatar
CoinDesk
347447120a7a81123f131acfd91708dd2b85aca0e6a18647c6caa95914e45736
Latest headlines from Coindesk.

BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever

Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling

https://www.coindesk.com/markets/2024/03/19/btc-maintains-65k-as-gbtc-outflows-hit-highest-level-ever/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules

A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had com...

https://www.coindesk.com/policy/2024/03/18/sec-committed-gross-abuse-of-power-in-suit-against-crypto-company-federal-judge-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission ...

https://www.coindesk.com/business/2024/03/18/fidelity-adds-staking-to-ether-etf-application-sending-lido-up-9/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

The current CEO Michael will step down “to pursue other opportunities.”

https://www.coindesk.com/business/2024/03/18/crypto-firm-bakkt-shakes-up-leadership-names-board-member-andy-main-new-ceo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users

The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be lice...

https://www.coindesk.com/markets/2024/03/18/tethers-usdt-gets-delisted-on-crypto-exchange-okx-for-eu-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Is Toxic Bitcoin Maximalism Getting Less Toxic?

As BTC gets Wall Street approval and developers build new applications on the network, Bitcoiners are ditching some of their previous siege mentality.

https://www.coindesk.com/consensus-magazine/2024/03/18/is-toxic-bitcoin-maximalism-getting-less-toxic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'

London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out o...

https://www.coindesk.com/policy/2024/03/18/ftx-claims-holder-attestor-takes-creditor-to-court-over-alleged-sellers-remorse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024

Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9 billion since its introduction on Jan. 12, according ...

https://www.coindesk.com/markets/2024/03/18/fidelitys-bitcoin-fund-becomes-fifth-most-popular-of-all-etfs-in-2024/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research

Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.

https://www.coindesk.com/markets/2024/03/18/bitcoin-correction-may-continue-if-etf-inflows-disappoint-in-next-few-days-10x-research/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETFs' Hot Start Seems Largely Driven by Retail Investors

Data shows that the average trade size for the biggest spot bitcoin ETF suggests that demand is largely coming from retail investors.

https://www.coindesk.com/consensus-magazine/2024/03/18/bitcoin-etfs-hot-start-seems-largely-driven-by-retail-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin L2s Are Poised to Breakout, Stacks Creator Muneeb Ali Says

“Bitcoin is not going to change much,” says Ali. “Layer 2s are innovative and open to making rapid changes. After a while, it becomes part of their culture.”

https://www.coindesk.com/consensus-magazine/2024/03/18/bitcoin-l2s-are-poised-to-breakout-stacks-creator-muneeb-ali-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Where Is Nayib Bukele Actually Storing El Salvador's Bitcoin?

Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving the country's thousands of BTC into a bitcoin "piggy bank."

https://www.coindesk.com/consensus-magazine/2024/03/18/where-is-nayib-bukele-actually-storing-el-salvadors-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Meme Slerf Notches $1.7B in Volume After Developer Loses All Presale Funds

Some called the move a marketing trick, as news of the burn went viral on X.

https://www.coindesk.com/markets/2024/03/18/solana-meme-slerf-notches-17b-in-volume-after-developer-loses-all-presale-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nearly $100M Wagered on U.S. Presidential Election on Polymarket

Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 – but SOL might get there first, thanks to "memecoin March."

https://www.coindesk.com/markets/2024/03/18/nearly-100m-wagered-on-us-presidential-election-on-polymarket/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Machankura 2.0: Turning Feature Phones Into Bitcoin Hardware Wallets

When Kgothatso Ngako launched Machankura two years ago, he enabled Africans to transact bitcoin via feature phones for the first time. Now, he’s on the verge of helping Africans self custody their bit...

https://www.coindesk.com/consensus-magazine/2024/03/18/machankura-20-turning-feature-phones-into-bitcoin-hardware-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises

WIF pieces have surged in the past hour as X users found out the trader user now holds the original image.

https://www.coindesk.com/markets/2024/03/18/influential-trader-gcr-buys-original-dogwifhat-meme-for-4m-wif-rises/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether.Fi's Token Debuts at $4.13 After Airdrop and Binance Launchpad Distribution

Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round.

https://www.coindesk.com/business/2024/03/18/etherfi-token-debuts-at-413-after-airdrop-and-binance-launchpad-distribution/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'

Some onchain watchers estimate that over $100 million worth of tokens were sent to various meme coin presales over the weekend.

https://www.coindesk.com/markets/2024/03/18/lure-of-quick-money-sees-100m-flow-to-solana-meme-coin-presales/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End

Binance's fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.

https://www.coindesk.com/markets/2024/03/18/binance-ceo-richard-teng-sees-bitcoin-crossing-80k-by-year-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K

The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.

https://www.coindesk.com/markets/2024/03/18/standard-chartered-raises-year-end-btc-forecast-to-150k-sees-2025-high-of-250k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines