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Crypto News
First Mover Americas: Bitcoin Tops $37K
The latest price moves in bitcoin and crypto markets in context for Nov. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Polygon Labs Commences $85M Grant Program to Draw Builders to Its Ecosystem
Polygon Labs is offering a total of 110 million of its native token, MATIC, to projects in DeFi, gaming and social media, among others.
FTX’s FTT Token Jumps 90% on Gensler Comments
FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago.
Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.
India’s Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months.
Exploring The Two ‘Overlooked’ Bullish Tailwinds for Bitcoin
As the spot ETF narrative hogs the limelight, the U.S. Treasury's recent decision to slow the pace of bond sales and worsening economic and geopolitical issues silently strengthen the bullish case in bitcoin.
ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
Yuga Labs Confirms UVA-A Emitting Lights Cause of ApeFest Eye Issues
Numerous participants exhibited signs of photokeratitis, an ailment resulting from ultraviolet (UV) light exposure, after last weekend's event.
Bitcoin Tops $36K as ‘ETFs Not Yet Priced in’
Bitwise's CIO sees future upside to bitcoin's price as the world's largest digital asset has 30% this month.