Coinbase's Base blockchain resumes after two-hour outage disrupted network
Coinbase-backed Ethereum layer-2 network Base resumed block production Thursday after a disruption of roughly two hours that halted the blockchain.
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Strategy's yield-generating STRC stock is more correlated with BTC than ever
Bitcoin holder Strategy Inc.’s perpetual preferred stock, known as STRC or “Stretch,” is showing an increasingly tight link to bitcoin’s
Read more →Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
Crypto exchange Kraken, part of Payward Inc., is in talks to acquire a 15% stake in decentralized finance (DeFi) protocol Aave at a $385 million valuation, according to three people with knowledge of the matter.
Read more →a16z-backed crypto firm rebrands, shifts focus to solving AI’s global copyright headache
Palo Alto-based blockchain startup Story Protocol is rebranding as DATA Foundation and shifting its focus entirely to AI training infrastructure, with Kled founder Avi Patel joining the organization as chief data office…
Read more →BlackBerry is making a massive comeback as an 'uncrashable' software layer for AI and robotics
Remember BlackBerry? Yes, that BlackBerry: The phone with a physical keyboard that everyone used and suddenly became obsolete after Apple introduced the iPhone.
Read more →Polish Cybercrime Police Arrest Four In Major Crypto Theft Investigation
The post Polish Cybercrime Police Arrest Four In Major Crypto Theft Investigation appeared first on Coinpedia Fintech News
Read more →Strategy has a 10-month cash runway for dividends, but retail investors are losing faith
Traders may be panicking about Strategy's (MSTR) stock falling, 8% lower at of writing on Thursday at $86, amid concerns about its ability to meet dividend obligations, but the bigger issue is not if the company is abou…
Read more →Quant fund says bitcoin is near a major inflection point as rare onchain signals align
In a recent report, the hedge fund explained that four proprietary onchain signals have aligned only five times during bitcoin's 15-year history. Each previous occurrence marked a cycle bottom, although Sullivan caution…
Read more →Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
The largest cryptocurrency has since bounced to $59,400, down 2.5% over the past 24 hours. The selloff spread across the broader crypto market. Ether (ETH) dropped to around $1,550, down 5.5%, while solana (SOL) and
Read more →Crypto for Advisors: Bitcoin: planning for inheritance
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
Read more →Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
The forecast, made in Chinese on X, puts the low some 30% below bitcoin's current level near $60,700, and rests less on the cryptocurrency's performance than on Strategy, the largest corporate holder of the token, accor…
Read more →Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
Payward, the parent company of cryptocurrency exchange Kraken, has taken legal action against PowerTrade, a high-leverage derivatives platform based in the U.A.E., claiming the firm’s founders misappropriated $7.2 milli…
Read more →CoinDesk 20 performance update: AAVE gains 10.1% as index rises
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Read more →Uniswap, Spark aim to build stablecoin FX market as banks, fintechs enter the industry
Uniswap (UNI) and Spark are betting that as the number of stablecoins grow, the market will need the equivalent of a foreign-exchange network to move liquidity between issuers.
Read more →Post-prison CZ says time behind bars didn't hurt the billionaire's business after Binance
How does a high-profile crypto founder recover his reputation after serving prison time? Changpeng "CZ" Zhao's answer: He doesn't have to.
Read more →SBI to Acquire Bitbank in $289 Million Deal
Japanese financial group SBI will acquire crypto exchange Bitbank for Â¥46.7 billion ($289 million). After the transaction closes, Bitbank will become an SBI subsidiary, and the combined group’s crypto assets under cust…
Read more →Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
Boston-based stablecoin issuer Circle Internet Financial announced a partnership on Thursday with Japanese financial conglomerate Nomura Holdings to launch a digital asset settlement business. The firms plan to deploy a…
Read more →Bitcoin derivatives signal panic. A weak core PCE reading could trigger snapback.
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Read more →CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms
Blockchain intelligence firm TRM Labs said CoinEx served as a gateway for the crypto sector in Iran, having traced more than $3.84 billion in flows between the exchange and sanctioned Iranian entities in the last seven …
Read more →Crypto relief rally fails to shake persistent bearish derivatives signal
The largest cryptocurrency remains at a critical level in terms of broader market structure. A potential break lower in price could trigger a slide to around $52,000. For now, it appears to have weathered the storm.
Read more →Bitcoin supply in loss reaches record high 10.83 million BTC
The largest cryptocurrency has tested the $60,000 level repeatedly since February, briefly falling below it several times. Four months ago, the supply in loss peaked at 9.8 million BTC. It climbed to 10.78 million in ea…
Read more →Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow
Computer memory chipmaker Micron Technology (MU) delivered blowout Q3 earnings on Wednesday, lifting the entire AI memory sector, AI-related stocks and even giving crypto a slight boost.
Read more →Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options worth $10 billion will expire on Deribit, the world's largest crypto options…
Read more →Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
Bitcoin dropped to $59,175 overnight, its lowest point since early June, before recovering to about $61,500 by Thursday morning, per CoinDesk data. Nearly $1 billion worth of futures positions were liquidated across cry…
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