Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs

Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.

source https://www.coindesk.com/markets/2024/04/29/press-briefing-with-chinaamc-executive-ahead-of-tuesday-launch-of-hong-kong-spot-bitcoin-and-ether-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Here’s How EU Nations Are Preparing to Enforce MiCA

With MiCA stablecoin rules taking effect in June, CoinDesk reached out to regulators in all 27 EU member states to show where countries are at with implementation.

source https://www.coindesk.com/policy/2024/04/29/heres-how-eu-nations-are-preparing-to-enforce-mica/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market

The crypto market is balancing the threat of stagflation against a liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong's bitcoin ETFs.

source https://www.coindesk.com/markets/2024/04/29/bitcoin-ether-nurse-losses-as-us-stagflation-fears-grip-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Japan's Embrace of Web3 Uncertain as Ruling Party Under Threat

Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.

source https://www.coindesk.com/policy/2024/04/28/japans-embrace-of-web3-uncertain-as-ruling-party-under-threat/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Warren Rival for Senate Race John Deaton Argues for Coinbase in SEC Challenge

Lawyer-turned-politician John Deaton further reinforced his credentials as an outspoken crypto ally on Friday, filing a friend-of-the-court brief in Coinbase Inc.'s (COIN) effort to get a higher U.S. court to rule on a central question about when a digital token qualifies as a security.

source https://www.coindesk.com/policy/2024/04/26/warren-rival-for-senate-race-john-deaton-argues-for-coinbase-in-sec-challenge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.

source https://www.coindesk.com/policy/2024/04/25/consensys-sues-sec-over-unlawful-seizure-of-authority-over-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Samourai Wallet Founders Arrested and Charged With Money Laundering

Federal prosecutors charges Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S. government continues its approach to prosecuting crypto mixing tools that may be used by illicit actors and foreign governments to hide fund transfers.

source https://www.coindesk.com/policy/2024/04/24/samourai-wallet-founders-arrested-and-charged-with-money-laundering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.

source https://www.coindesk.com/markets/2024/04/22/bitcoin-eyes-67k-after-halving-as-altcoins-primed-for-short-squeeze-hedge-fund-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says

Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.

source https://www.coindesk.com/business/2024/04/22/bitcoin-miners-may-shift-focus-to-ai-after-halving-coinshares-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Transaction Fees Come Crashing Down Post Halving

After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.

source https://www.coindesk.com/markets/2024/04/22/bitcoin-transaction-fees-come-crashing-down-post-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs

The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.

source https://www.coindesk.com/tech/2024/04/21/bitcoin-miners-reap-windfall-as-runes-debut-sends-transaction-fees-to-record-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Pioneer Hal Finney Posthumously Wins New Award Named for Him

source https://www.coindesk.com/consensus-magazine/2024/04/19/bitcoin-pioneer-hal-finney-posthumously-wins-new-award-named-for-him/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chia Network Makes Progress Toward an IPO, CEO Says

The cryptocurrency company founded by BitTorrent's inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse.

source https://www.coindesk.com/business/2024/04/18/chia-network-makes-progress-toward-an-ipo-ceo-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This Bitcoin Halving Is Different. But Is It 'Priced In'?

Institutions launching Bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — will be relatively muted this time, as any pontential bump is “priced in”?

source https://www.coindesk.com/consensus-magazine/2024/04/18/this-bitcoin-halving-is-different-but-is-it-priced-in/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots

Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

source https://www.coindesk.com/tech/2024/04/18/avail-confirms-token-airdrop-plans-a-week-after-leaked-screenshots/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.).

source https://www.coindesk.com/policy/2024/04/18/sen-lummis-itll-pay-to-choose-circle-over-tether-under-us-stablecoin-proposal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K

BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.

source https://www.coindesk.com/markets/2024/04/18/bitcoin-dominance-increases-as-halving-nears-and-btc-price-lingers-near-61k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jury Begins Deliberations in $110M Mango Markets Fraud Trial

Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud.

source https://www.coindesk.com/policy/2024/04/17/jury-begins-deliberations-in-110m-mango-markets-fraud-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Bitcoin Halving Spectacular, With Runes, 'Epic Sat,' Stacks Nakamoto

Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches, competitions and IRL celebrations in Denver and Costa Rica.

source https://www.coindesk.com/tech/2024/04/17/the-protocol-bitcoin-halving-spectacular-with-runes-epic-sat-stacks-nakamoto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What Is Bitcoin Meant to Hedge?

The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.

source https://www.coindesk.com/consensus-magazine/2024/04/17/what-is-bitcoin-meant-to-hedge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In

The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale's Bitcoin Trust (GBTC).

source https://www.coindesk.com/markets/2024/04/16/spot-bitcoin-etf-hype-dies-down-normalcy-sets-in/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OKX 'OG' Execs Tim Byun and Wei Lan Leave Crypto Exchange

source https://www.coindesk.com/business/2024/04/16/okx-og-execs-tim-byun-and-wei-lan-leave-crypto-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.

source https://www.coindesk.com/policy/2024/04/15/elizabeth-warren-demands-us-cftc-chair-explain-his-chats-with-sbf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Rolls Out Update to Tackle Network Congestion

A meme coin trading frenzy and a rapid spike in users has stressed the network in recent months.

source https://www.coindesk.com/tech/2024/04/15/solana-rolls-out-update-to-tackle-network-congestion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions

Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.

source https://www.coindesk.com/markets/2024/04/14/gold-backed-paxg-token-spikes-to-29k-amid-geopolitical-tensions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Falls 8%, Drops Below $62K Before Rebound

Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.

source https://www.coindesk.com/markets/2024/04/13/bitcoin-falls-8-drops-below-62k-before-rebound/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry's fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal on Friday that would ask a higher federal court to drill into the heart of the regulator's stance on digital assets, even as the broader SEC case proceeds through the judicial system.

source https://www.coindesk.com/policy/2024/04/13/coinbase-seeks-to-take-core-question-in-us-sec-case-to-higher-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a "leak."

source https://www.coindesk.com/tech/2024/04/12/avail-blockchain-data-availability-project-sketches-out-eligibility-for-token-airdrop/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.

source https://www.coindesk.com/policy/2024/04/11/ftx-founder-sam-bankman-fried-appeals-conviction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say

Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.

source https://www.coindesk.com/markets/2024/04/10/hong-kongs-incoming-spot-bitcoin-etfs-could-be-big-deal-heres-what-analysts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DeFi Exchange Uniswap Receives Enforcement Notice from the SEC

Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

source https://www.coindesk.com/policy/2024/04/10/defi-exchange-uniswap-receives-enforcement-notice-from-the-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NEAR to Hire Artificial-Intelligence Engineers as Part of AI Roadmap

The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk.

source https://www.coindesk.com/business/2024/04/10/near-to-hire-artificial-intelligence-engineers-as-part-of-ai-roadmap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Is the Sam Bankman-Fried Story Over?

Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts.

source https://www.coindesk.com/policy/2024/04/10/is-the-sam-bankman-fried-story-over/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs

Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.

source https://www.coindesk.com/business/2024/04/09/vaneck-ceo-says-transaction-fee-is-bigger-story-than-bitcoin-or-ethereum-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Why Christie's First Bitcoin Inscriptions Auction Matters

With the halving and new tech set to give Ordinals a further lift, Bitcoin-based inscriptions are demonstrating staying power and some advantages over NFTs. Christie’s is taking notice with a new initiative.

source https://www.coindesk.com/consensus-magazine/2024/04/09/why-christies-first-bitcoin-inscriptions-auction-matters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Does Not Have an Illicit Finance Problem, Bad Actors Do

source https://www.coindesk.com/consensus-magazine/2024/04/08/crypto-does-not-have-an-illicit-finance-problem-bad-actors-do/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving

Broader crypto markets remained little changed over the weekend but some Ordinal ecosystems saw gains as a proxy bet for BTC.

source https://www.coindesk.com/markets/2024/04/08/bitcoin-tops-71k-ordinals-bets-rise-ahead-of-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda

The HashKey Group, an Asian firm offering digital asset services, has launched the HashKey Global exchange, after being granted a license in Bermuda to offer licensed digital asset trading services, it announced on Monday.

source https://www.coindesk.com/policy/2024/04/08/hashkeys-crypto-exchange-goes-live-after-winning-license-in-bermuda/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase

Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.

source https://www.coindesk.com/markets/2024/04/05/bitcoins-acceptance-as-digital-gold-may-spur-demand-from-new-investors-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shinobi: How Covenants Help Scale Bitcoin

Bitcoin Magazine’s technical editor says it’s necessary to implement covenants - which allow joint ownership of UTXOs - if Bitcoin is to fulfill its promise of bringing financial self-sovereignty to people globally.

source https://www.coindesk.com/consensus-magazine/2024/04/05/shinobi-how-covenants-help-scale-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross

A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum.

source https://www.coindesk.com/markets/2024/04/05/warning-for-altcoin-bulls-the-ether-bitcoin-ratio-is-about-to-flash-death-cross/?utm_medium=referral&utm_source=rss&utm_campaign=headlines