Watch CoinDesk LIVE: Bitcoin in FLUX
Related Posts


Why Congress Will Be the Dollar’s Downfall
If you are someone who cares about the future of America’s economy, you should take a minute to read this article.Since you’re reading CoinDesk, you likely have a foundational understanding of cryptocurrency, stablecoins and digital assets. But if you’re an American who wants the dollar to remain dominant, you should also understand why it’s imperative

Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Digital asset financial services firm Hashkey Group is looking to expand its appeal to professional and…

Fintech App Current Taps Coinbase’s Bison Trails to Support Polkadot DeFi Plans
Fintech company Current is one step closer to bringing decentralized finance (DeFi) features to its 3 million users.The firm said Thursday it is working with Bison Trails, the blockchain infrastructure company acquired by Coinbase in January, to sync up with Polkadot parachain networks Karura and Acala. The fintech first announced its crypto plans in May.Current…

World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
Jun 24, 2020 at 09:00 UTC(Mario Ortiz/Shutterstock)World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed ResultsSweden’s Riksbank has looked into the viability of central bank digital currencies (CBDCs) for its local market and declared mixed results. In a 96-page economic review, updated June 18, the world’s oldest central bank presents four models for supplying…

BlackRock Close to Filing for Bitcoin ETF Application: Source
BlackRock, the world's biggest asset manager, is close to filing an application for a Bitcoin ETF (exchange traded fund), according to a person familiar with the matter.BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the person said. Coinbase declined to comment.BlackRock began working with…

Crypto Trading Volumes Drop in Q2 to Yearly Lows
Crypto trading volumes have hit yearly lows across quarter two, as market makers scale back on trading, according to data from Kaiko.Average daily volumes for the second quarter of 2023 were $10 billion for the top 10 tokens (excluding stablecoins), compared to $18 billion average daily volumes in the first quarter of the year.This comes…

Bitcoin Onchain Data Show Bullish Undercurrents
Bullish bitcoin (BTC) undercurrents lurk below the boringly calm crypto waters, setting the stage for a potential outsized price rally.The percentage of bitcoin's circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot
Cross-chain transfer service deBridge is set to issue a governance token, DBR, on the Solana blockchain. The token will reward users based on their past activity and fees paid. DBR token holders will be able to vote on future strategies and implementations of the deBridge protocol. Cross-chain transfer service deBridge plans to issue a governance