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Crypto News
Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation
The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
Ripple to Buy New York Crypto Trust Company to Expand U.S. Options
Ripple struck a deal to acquire Standard Custody & Trust Co., the company said Tuesday, in order to secure a New York trust charter in an ongoing expansion of its U.S. regulatory licensing.
Ethereum Developers Create ‘DN-404’ Tokens After ERC-404s Send Network Fees Surging
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain.
Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.
Ledger, Coinbase Pay Integrate to Give Users Direct Access to Buy, Sell Crypto
Bringing Coinbase Pay into the Ledger Live app is supposed to benefit Ledger users, making it easier to receive their crypto purchases from Coinbase directly on their Ledger hardware wallet, without any additional fees.
First Mover Americas: Bitcoin at $50K. What Next?
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.
MOON Holder Makes 550% on Predictions Platform Polymarket as Bitcoin Moves Above $50K
The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract "Will BTC hit $50,000 in February?"
Bitcoin Pushes Through $50K for First Time Since Late 2021
The world's largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry's long bear market.
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.