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Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs
Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Protocol Village: Oobit Collaboration With TON Lets Users Spend Tether Sent Over Telegram
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
Miners Eye Middle East as Next Region for Growth
The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations.
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues.
NEAR Token's 10% Gain Tops CoinDesk 20 Last Week: CoinDesk Indices Market Update
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June.
Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients
Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed.
Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector's associations and top businesses are encouraging House leaders to support the effort.
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes.
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope.
Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg
A lawsuit filed on Thursday alleges Dolce & Gabbana USA messed up their delivery resulting in NFTs bought by a customer for $6,000 losing 97% of their value, Bloomberg reports.
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.
Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Ether Could Surprise to the Upside in the Coming Months, Coinbase Says
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.