Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow

Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are neutral, although pullbacks could be limited given a series of price breakouts over the past month.If buyers fail to hold $60,000, lower support around the 50-day moving average, currently near $55,000, could stabilize a…

news The head of the largest organized creditor group representing the former users of failed bitcoin exchange Mt Gox is stepping down amid what he described as a protracted legal quagmire that could take years to resolve completely. Andy Pag, the founder and coordinator of Mt. Gox Legal, told CoinDesk in an exclusive interview this…

Cryptocurrency derivatives exchange BIT on Wednesday rolled out options tied to Cardano's ADA token while promising to add more alternative cryptocurrencies (altcoins) in coming months.The ADA options are live in the platform today and are denominated and settled in U.S. dollars, BIT said in a press release shared with CoinDesk. One ADA options contract represents…

Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.George Kaloudis is a research analyst and columnist for CoinDesk.Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the…

Right before the volatility in digital assets late last week and the breakout of bitcoin (BTC) to the downside due to rising interest rates and low market liquidity, Javier Milei made global news by unexpectedly winning the Argentinean primary election.A libertarian candidate and member of the "La Libertad Avanza" party, Milei is a Bitcoin advocate,…

Crypto prime broker FalconX has launched a dedicated FX desk.The new team joins from crypto banking firm BCB Group.The desk will be led by Ben Sebley and is based in London.00:36The 'Real Question' About Sam Bankman-Fried's Trial is What Happens Next: Kevin O'Leary05:08How Decentralization Cultivates Community05:40How Decentralized Threads Build Web305:06Opening the World of TransactionsCryptocurrency prime

Cryptocurrency prices cooled off Friday afternoon after Thursday's major rally on the apparent court victory for Ripple Labs and its XRP token.Bitcoin (BTC), the largest cryptocurrency by market capitalization, fell below $30,000, down more than 5% from a high of about $31,800 at one point on Thursday.Ether (ETH) also sagged from its rousing Thursday to…

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Bank of America has added 23 more stocks to its equities research coverage “that may see market value expansion due to digital asset exposure,” according to a research note dated Oct. 18.BofA analysts flagged firms ranging from credit card companies to social media giants, revealing crypto’s growing reach into the world of Wall Street.The additions…