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Halsey Huth. works the MoonPay booth at the Bitcoin 2021 Convention. (Joe Raedle/Getty Images)
Finance

Full Transcript: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.

MoonPay co-founder and CEO Ivan Soto-Wright joins CoinDesk's Jennifer Sanasie in CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal.

May 3, 2024

(engin akyurt/Unsplash)
Consensus Magazine

The Dollar Won, but Might the U.S. Lose Control of the Dollar?

We have a world currency already: it's the dollar. Do we want to keep it that way?

May 3, 2024

Bitcoin price on May 3 (CoinDesk)
Markets

Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says

Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.

May 3, 2024

CoinDesk 20 leaders and laggards (CoinDesk Indices)
Markets

Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update

All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE.

May 3, 2024

Bitcoin's recent weakness is more tied to global markets. (Coinbase)
Markets

Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says

Both equities and gold have been trading lower since reaching highs in mid-April, the report noted.

May 3, 2024

Address poisoning scam yields $68 million (Kevin Ku/Unsplash)
Finance

Exploiter Steals $68M Worth of Crypto Through Address Poisoning

The victim was duped by a mimicked 0.05 ether transfer.

May 3, 2024

Atmosphere
Technology

Protocol Village: Polyhedra Says Open-Source ZK Proof System 'Expander' 2x Faster Than Alternatives

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.

May 3, 2024

The government's jobs report for April was released Friday morning (Unsplash)
Finance

U.S. April Job Additions of 175K Miss Forecasts for 243K, BTC Rises Above $60K

Interest rates and the dollar have both risen strongly in 2024 as expectations of a slowing in the economy and inflation have failed to pan out, but today's report suggests a...

May 3, 2024

BTC Price May 3 2024 (CoinDesk)
Markets

First Mover Americas: Bitcoin Hovers Around $59K to End Week

The latest price moves in crypto markets in context for May 3, 2024.

May 3, 2024

Labour Leader Keir Starmer (Christopher Furlong/Getty Images)
Policy

UK Local Elections Show Swing to Labour With General Election Pending

The government, which has adopted a pro-crypto stance, must hold a general election by end-January.

May 3, 2024

BTC's price chart (CoinDesk)
Markets

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.

May 3, 2024

Coinbase CEO Brian Armstrong (Coinbase video)
Markets

Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts

The business has a number of positive catalysts including its smart wallet, Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.

May 3, 2024

Hong Kong (Ruslan Bardash / Unsplash)
Markets

Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg

CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.

May 3, 2024

FRIEND's price chart. (DexScreener)
Markets

Friend.Tech's Native Token Tanks to $2.5 After Debut

Early Friday, Friend.Tech airdropped its native token, FRIEND, while debuting version 2 of the platform.

May 3, 2024

May 2nd

Block CEO Jack Dorsey (CoinDesk)
Finance

Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

The company announced the news alongside its first quarter earnings report on Thursday afternoon.

May 2, 2024

Tether CEO Paolo Ardoino (Tether)
Policy

Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts

The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company...

May 2, 2024

JPMorgan maintains its cautious stance on crypto markets. (Shutterstock)
Markets

Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says

Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.

May 2, 2024

(Jason Dent/ Unsplash)
Finance

Crypto for Advisors: Digital Asset Custody’s Future

Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.

May 2, 2024

Sen. Elizabeth Warren is demanding to know what U.S. authorities are doing about Iranian crypto mining. (Kent Nishimura/Getty Images)
Policy

U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining

In a letter to top officials, Sens. Elizabeth Warren and Angus King flagged Iran's reliance on cryptocurrency mining as a way to evade sanctions pressure.

May 2, 2024

Michael Saylor, executive chairman of MicroStrategy (Michael.com)
Technology

MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals

MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity o...

May 2, 2024