COINDESK CRYPTO NEWS

Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%.

On Tuesday the cross-examination of the first witness from Nigeria's Securities and Exchange Commission was completed.

Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.

Imagine if the next blockbuster medication could be funded through a decentralized, transparent process? This would not only democratize the funding of critical research, but also ensure that rewards and recognition are fairly distributed among all contributors, says Azeem Khan.

Celebrity-inspired meme coins have spurred a surge in revenue for token launchpad Pump.fun over the past 24 hours.

The Israeli firm's Venn security network uses a network of operators to seek out and freeze suspect transactions before they execute.

The fresh round of capital will go towards hiring new team members, according to a press release.

The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing" along with other blockchain use cases including AI.

Lombard is partnering with staking startup Babylon to let users earn interest for "restaking" with Bitcoin – using the asset to secure other crypto networks.

Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher.

Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote.

Deribit's BTC DVOL index, a measure of volatility expectations, has slipped to lowest since early February.

The round was co-led by Pantera Capital and Framework Ventures.

The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday.

The Monetary Authority of Singapore released its stablecoin framework last year.

Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said

Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows.

Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.

The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank's parent entity and its former executives on Monday.

DePIN stands for Decentralized Physical Infrastructure Networks, or in simple terms, real-world applications that are actually useful, says Max Thake, cofounder of Peaq, a layer-1 for DePIN.

The regulator’s refusal to listen to dissenting opinion on its new Dealer Rule left us no option but to sue for clarity and accountability, says Marisa Coppel, head of legal at the Blockchain Association.

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market.

Over the weekend, NEAR and AVAX lead the CoinDesk 20 with only one asset posting a loss.

Hashnote Harbor will enable clients to earn yields on digital commodities without the assets ever leaving the custody of Anchorage Digital.

Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

BIS, the umbrella body for central banks highlights, highlights risks from mounting fiscal debt worldwide and premature rate cuts.

The far-right party associated with Marine Le Pen led in the first round of France's two-part election.

The Japanese investment adviser said it acquired more than 20.2 BTC.

Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.

The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.

Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.

Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.

In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.