Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market…
Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday.…
Over 11 million bitcoin has no known owner. Here's what it means
The large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation…
Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting
Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%. Source:CoinDesk
Bitcoin’s wealthy holders turning to loans and yield as investment habits mature: Xapo CEO
Borrowing against bitcoin and earning income to build their BTC holdings are becoming priorities for longterm investors, Xapo Bank CEO Seamus Rocca told…
Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
Developers canceled Monday's Hoodi activation after researchers showed how new gas rules could let smart contracts permanently record failed operations.…
Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm
Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the exWhite House crypto adviser to his list of crypto…
Ethereum’s four-minute settlement plan could lower the cost of moving crypto
A new draft targets a fourfold cut in the time it takes Ethereum transactions to become final, which could free up money transfer services tie up while…
Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines
Bitcoin as much as 2.9% to around $81,600 as Nasdaq futures dropped, while the CoinDesk 80 lost 3.5% and DeFi index slid 6%. Source:CoinDesk
China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme
Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs…
Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves
BTC broke through its $84,000 ceiling late Wednesday, then slid back to the $82,500 support analysts are watching as tech futures fell. Source:CoinDesk
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data. Source:CoinDesk