The Most Recent News about Cryptocurrency

ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
June 13, 2024 9:59 am
The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%
June 13, 2024 8:57 am
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
June 13, 2024 7:33 am
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
June 12, 2024 8:07 pm
It may seem like the industry is finally getting the political support it needs. But proceed with caution.
The Protocol: How Optimism Filled in Its Missing Tooth
June 12, 2024 6:18 pm
In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup.
Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains
June 12, 2024 6:14 pm
Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case
June 12, 2024 6:10 pm
Fringe to Forefront: the Institutional Embrace of Digital Assets
June 12, 2024 3:46 pm
Bitcoin and other major assets offer unique advantages to investors seeking growth and diversification, says Jason Leibowitz.
What ETF Approval Could Mean for Ethereum
June 12, 2024 3:45 pm
The SEC’s recent decision sets Ethereum up for success in numerous new ways, says Ilan Solot, Senior Global Markets Strategist, Marex Solutions.
Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High
June 12, 2024 3:39 pm
Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000.
Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs
June 12, 2024 2:38 pm
Pointlessly onerous anti-money laundering rules lead to debanking of individuals and even entire regions, just as “financial inclusion” is thrown around as a social objective. We need a viable alternative, says Noelle Acheson.
U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
June 12, 2024 12:42 pm
Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.
First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows
June 12, 2024 12:00 pm
The latest price moves in bitcoin (BTC) and crypto markets in context for June 12. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
June 12, 2024 11:55 am
The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation
June 12, 2024 10:00 am
The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.
U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses
June 12, 2024 9:50 am
BTC has come under pressure in the lead up to the key events that could influence Fed rate cut expectations.
Zimbabwe Is Seeking Comments on the Crypto Industry: Report
June 12, 2024 9:41 am
Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more.
Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing
June 12, 2024 9:00 am
Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence.
Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
June 12, 2024 7:56 am
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'
June 12, 2024 6:11 am
Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.
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