Month: July 2024
Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
The price action happened as Iran’s leadership reportedly ordered retaliatory attacks against Israel, increasing concerns…
Strong earnings report pushes Meta shares up amid heavy AI spending
Stock price grew around 5%, which revealed the company outperformed analysts’ expectations for its second…
The Protocol: Bitcoin Gets Political as U.S. Government Ponders Airdrops
In this week’s issue of CoinDesk’s newsletter on blockchain tech, we examine U.S. Senator Cynthia…
Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany’s
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in…
Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer
Two American artists filed suit against the U.S. Securities and Exchange Commission (SEC) on Monday,…
The Anatomy of a Crypto Bull Market
Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head…
Investor Surveys Reveal Strong Interest in Digital Assets
Research from EY-Parthenon shows that many institutional and retail investors want to increase allocations to…
Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End
Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a…