Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.
Digital Asset Management Platform HeightZero Taps CoinDesk Indices to Offer Crypto Basket to Financial Advisors
HeightZero provides a platform for financial advisors to plug in to as a means of offering their clients exposure to a range of assets.
Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX.
Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles
That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.
First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.
Bitcoin Holds Steady Near $30.5K, Ether Circles Around $2.1K
BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.
CoinDesk Indices, Crypto Asset Manager CoinFund Launch an Ethereum Staking Benchmark Rate
The benchmark is derived from daily transaction fees and staking rewards generated by Ethereum, bringing pricing tools that institutional investors expect into digital assets.
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%.
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.
U.S. House Will Have Crypto Bill in 2 Months: McHenry
AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.C.)
Bitcoin Liquidity on the Brink as Jane Street and Jump Exit Crypto Markets
The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst.
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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
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Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
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DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
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Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
