This is an excerpt from the CoinDesk “Daybook” newsletter. Register here, if you haven’t already. Bitcoin BTC$78,025.65 rebounded to over $77,000, sparking a broader market rally that sent the CoinDesk 20 (CD20) and CoinDesk 80 (CD80) indices up more than 1% since midnight UTC. Some coins, such as privacy-focused Dash and XDC Network’s XDC token, […]
Ethereum co-founder Vitalik Buterin on Wednesday outlined near-term steps the network is taking to build privacy into the chain, a feature highlighted by institutions during the Hong Kong Consensus as necessary for widespread institutional adoption of blockchain technology. Buterin’s X post was technically dense but highlighted a simple fact: the world’s largest smart contract blockchain
Vitalik Buterin describes Ethereum’s privacy measures. Here’s What It Really Means Read More »
Why it’s important: Pal argued that AI and blockchain are converging into a new layer of infrastructure for the global economy. Pal said humanity is approaching a moment where AI systems become “supreme intelligence,” fundamentally changing work, finance and daily life. He described crypto as the ownership level of this future economy, allowing individuals to
Raoul Pal says AI and crypto are reshaping the global economy faster than most think Read More »
A South Korean funeral services company reported an unrealized loss of approximately 45 billion won ($33 million) related to investments in ether (ETH) leveraged exchange-traded funds (ETFs). Seoul-based Bumo Sarang, meaning Parental Love in Korean, has invested in the T-REX 2X Long BMNR Daily Target ETF (BMNU), a leveraged exchange-traded fund managed by Tuttle Capital
South Korean Funeral Company Reveals $33 Million Loss on Ether Leveraged ETF Bet Read More »
Bitfinex Bitcoin Longs Peak at 80,636 BTC as Prices Drop
Bitfinex Bitcoin Longs Peak at 80,636 BTC as Prices Drop Read More »
Prediction market provider Polymarket filed an application Wednesday to list sports event contracts in the United States, according to a self-certification filing with the Commodity Futures Trading Commission. Polymarket filed a request on Wednesday to list “combinatorial outcome contracts,” describing these event contracts – the official term for prediction markets – as combining two or
Polymarket Moves to List Trading as SEC Seeks Public Opinion on Prediction Market ETFs Read More »
Could Bitcoin Price Reach $95,000 as Analyst Highlights Bullish MVRV Pattern?
Could Bitcoin Price Reach $95,000 as Analyst Highlights Bullish MVRV Pattern? Read More »
Nvidia (NVDA) posted another blockbuster quarter on Wednesday, as demand for artificial intelligence infrastructure pushed revenue, profits and cash flow to record levels. The chipmaker reported first-quarter revenue of $81.62 billion, up 85% from $44.06 billion a year earlier and above Wall Street estimates of $78.9 billion, according to FactSet data. Adjusted earnings came in
Bitcoin Miners Rise as Nvidia Posts Big Profits and Strong Outlook Read More »
Bitcoin Seizure Reaches 1,000 BTC in Ireland Drug Case
Bitcoin Seizure Reaches 1,000 BTC in Ireland Drug Case Read More »
The U.S. Federal Reserve has taken another step toward limited special payments accounts that would offer a stripped-down version of the main account services the central bank offers its full banks, opening a comment period on the latest description of the new accounts. Companies with diverse business models can use such accounts to clear and
Federal Reserve offers limited master accounts long sought by crypto companies Read More »
