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Latest Crypto News

Markets

Bitcoin Breaks Above $70K as Crypto and U.S. Stocks Move Higher Early on Election Day

Semler Scientific's 26% gain following quarterly results was leading the advance for crypto-linked stocks.

LAS VEGAS, NEVADA - SEPTEMBER 13: Republican presidential nominee, former U.S. President Donald Trump, watches a video of Vice President Kamala Harris during a campaign rally at The Expo at World Market Center Las Vegas on September 13, 2024 in Las Vegas, Nevada. With 53 days before election day, Former President Trump continues to campaign.  (Photo by Justin Sullivan/Getty Images)

Finance

Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens

More than 1,000 memecoins related to the U.S. presidential election have been issued on Solana in the past 24 hours.

New meme coin narrative emerges (Darren Halstead/Unsplash)

Markets

MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Markets

MakerDAO's Christensen Hopes for 'Firm Decision' as MKR Holders Vote on Sky Brand

Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.

Rune Christensen (Trevor Jones)

CoinDesk Indices

CoinDesk 20 Performance Update: NEAR Gains 4.8% as Almost All Assets Trade Higher

Hedera was also among the top performers, rising 4.1% from Monday.

9am CoinDesk 20 Update for 2024-11-05: leaders

Markets

First Mover Americas: Crypto Market Little Changed as U.S. Votes

The latest price moves in crypto markets in context for Nov. 5, 2024.

BTC price, FMA Nov. 5 2024 (CoinDesk)

Markets

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

BTC: Miner percent mined supply spent (Glassnode)

Markets

Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research

Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)

Markets

Metaplanet Gains First Index Listing With Inclusion on CoinShares' BLOCK Index

The company's stock is the best-performing Japanese equity this year, having gained nearly 840%, according to Investing.com.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Dogecoin Rallies 10%, Bitcoin ETFs Bleed $541M Ahead of U.S. Elections

BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets.

A shiba inu the inspiration behind Dogecoin. (Minh Pham/Unsplash)

Policy

Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

Lawyers slammed the SEC for a lack of clarity on regulation when it comes to virtual assets.

Founder/CEO of Binance Changpeng Zhao, closeup

Markets

Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show

"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week," one observer said, noting pricier puts on the CME.

Vote (RGY23/Pixabay)

Markets

BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets

A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.

Down Arrow spray painted on a brick wall (Shutterstock)

Opinion

Crypto's Big Trump Gamble

The industry needed a friend after the Biden Administration. But getting into bed with Trump comes with plenty of risks, says Ben Schiller.

Former President Donald Trump (Jon Cherry/Getty Images)

Finance

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Finance

Semler Scientific Added 47 Bitcoin to Holdings, Bringing Stack to 1,058 BTC

To this point, Semler is at about breakeven on its bitcoin investment.

Semler Scientific stacked additional bitcoin in third quarter (Markus Spiske/Unsplash)