CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
The defunct crypto exchange announced last month that it will begin repayments in July.
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Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company...
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Bitcoin traded around $54,400 in Europe, a 24-hour drop of 5.8%, having earlier fallen to the lowest level since late February
Crypto Bulls Rack up $580M Liquidations as Bitcoin Drops 8%, Ether, Solana, Dogecoin Plunge
Traders previously warned of a bearish market reaction to Mt. Gox’s bitcoin repayments.
Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst
Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.
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The 2024 elections in the US, Asia, Europe and Africa are poised to influence the global regulatory framework for Bitcoin and crypto. Follow CoinDesk for essential updates and expert analysis to see what’s at stake.
- Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
- Biden's Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report
- Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket
- Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
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Decentralized Physical Infrastructure Networks (DePIN) use blockchains to incentivize communities to create a wide range of shared real-world services. Follow CoinDesk for continuing coverage of one of the hottest areas of the Web3 economy.
Discovery
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Everyone at Consensus 2024 Is Talking About Biden’s Crypto Flip Flop. Is He for Real?
Attendees are cautiously optimistic about apparent regulatory and legislative changes, though not everyone is convinced.
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Why Decentralized AI Is Gaining Steam
A year ago, “Crypto+AI” sounded like a game of “VC mad libs.” Now, as real-world applications begin to emerge, the idea makes much more sense. Jeff Wilser, who is hosting the...
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RFK Jr. Says Guilty Verdict May Help Trump's Election Prospects
The independent presidential candidate spoke Thursday at Consensus 2024 in Austin, Texas.
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Crypto Is a Core American Issue, Consensys’ Joe Lubin Says
The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.
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Meet Mike Novogratz, the Political Commentator
In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto.
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Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer
Conference attendees give their say on market sentiment.
Trending in Crypto
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Markets
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Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023
The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction...
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Finance
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Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company...
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Technology
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Protocol Village: Valora Introduces 'Mobile Stack' to Simplify Web3 Apps on iOS, Android
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.
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Policy
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Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud
The two executives, Joshua Porter and Gulsen Kama, say they were fired for attempting to blow the whistle on alleged accounting and securities fraud at the company.
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Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates
The investment firm is eager to flip the Senate for Republicans.
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Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
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When Do Secondary Token Sales Violate Howey?
A federal judge allowed most of the SEC's arguments against Binance to proceed but specifically dismissed a charge tied to secondary sales.
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Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
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Biden's Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report
It had been only 55% earlier in the day.