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Crypto News
First Mover Americas: BTC Stabilizes Around $58K Following Yesterday’s Rout
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity
The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.
BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs
The asset manager has been helping educate pension funds, endowments and sovereign wealth funds about the new spot bitcoin ETF products, the firm's head of digital assets said.
Bitcoin ‘Call Writing’ Back in Vogue as Cash And Carry Strategy Loses Shine
Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported.
Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the…
BlackRock’s Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot…
Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.
CZ’s Trial Proves it Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
The Protocol: EigenLayer’s ‘Intersubjective Forking’ Is Objectively Not Done
Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won't be ready when the token launches.