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Latest headlines from Coindesk.

USDe Holders Should Monitor Ethena's Reserve Fund to Avoid Risk, CryptoQuant Warns

Cryptocurrency data provider CryptoQuant has said that holders of Ethena Labs' USDe stablecoin should monitor the project's reserve fund to avoid risks related to the potential of a negative funding r...

https://www.coindesk.com/business/2024/04/18/usde-holders-should-monitor-ethenas-reserve-fund-to-avoid-risk-cryptoquant-warns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bearish Flip in Crypto Crowd Sentiment Hints at Coming Bitcoin Price Bounce

Analytics firm Santiment's social-media metrics suggest the crypto crowd is beginning to lean bearish.

https://www.coindesk.com/markets/2024/04/18/bearish-flip-in-crypto-crowd-sentiment-hints-at-coming-bitcoin-price-bounce/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Could Come Back to India by Paying $2M Fine: Report

The exchange could return as a FIU-registered firm after paying the fine, the report added.

https://www.coindesk.com/business/2024/04/18/binance-could-come-back-to-india-by-paying-2m-fine-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K

BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.

https://www.coindesk.com/markets/2024/04/18/bitcoin-dominance-increases-as-halving-nears-and-btc-price-lingers-near-61k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jury Begins Deliberations in $110M Mango Markets Fraud Trial

Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – w...

https://www.coindesk.com/policy/2024/04/17/jury-begins-deliberations-in-110m-mango-markets-fraud-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Bitcoin Halving Spectacular, With Runes, 'Epic Sat,' Stacks Nakamoto

Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches...

https://www.coindesk.com/tech/2024/04/17/the-protocol-bitcoin-halving-spectacular-with-runes-epic-sat-stacks-nakamoto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What Is Bitcoin Meant to Hedge?

The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.

https://www.coindesk.com/consensus-magazine/2024/04/17/what-is-bitcoin-meant-to-hedge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion

Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.

https://www.coindesk.com/policy/2024/04/17/qcp-capital-and-further-ventures-announce-partnership-for-middle-east-crypto-expansion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Time to Take the Reins on Tokenization, or Risk Missing Out

Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets...

https://www.coindesk.com/business/2024/04/17/time-to-take-the-reins-on-tokenization-or-risk-missing-out/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miners Are Set for a Coiled Spring Rally

Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down.

https://www.coindesk.com/markets/2024/04/17/bitcoin-miners-are-set-for-a-coiled-spring-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress

Shomari Figures, a Washington insider with a lengthy progressive resume, didn't pull in the most money in direct contributions as he sought one of Alabama's seats in the U.S. House of Representatives....

https://www.coindesk.com/policy/2024/04/17/crypto-pac-spent-millions-to-get-alabama-candidate-on-path-toward-congress/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

https://www.coindesk.com/markets/2024/04/17/bitcoin-tumbles-to-60k-ether-under-3k-correction-not-over-says-strategist/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg

Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds ...

https://www.coindesk.com/markets/2024/04/17/hong-kong-bitcoin-etfs-likely-not-available-for-mainland-chinese-investors-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain

The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.

https://www.coindesk.com/tech/2024/04/17/worldcoin-sam-altmans-crypto-project-is-building-a-layer-2-chain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kraken Releases Own Crypto Wallet, Joining Competition With Coinbase, MetaMask

According to a blog post shared with CoinDesk, the new Kraken Wallet will be the first from a major exchange to be open-sourced.

https://www.coindesk.com/tech/2024/04/17/kraken-releases-own-crypto-wallet-joining-competition-with-coinbase-metamask/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG

The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.

https://www.coindesk.com/business/2024/04/17/defi-firm-usual-labs-raises-7m-round-led-by-kraken-ventures-and-iosg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment

CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

https://www.coindesk.com/business/2024/04/17/tokenized-credit-platform-centrifuge-plans-institutional-rwa-lending-on-coinbases-base-raises-15m-in-vc-investment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan

Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.

https://www.coindesk.com/markets/2024/04/17/bitcoins-outperformance-means-some-of-expected-post-halving-rally-may-have-come-early-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines