Coin Desk
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Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform
Bitcoin (BTC) held above $42K, while ether (ETH) reached $3K for the first time in two weeks. Some indicators suggest its too early to confirm...
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Bitcoin's Correlation to S&P 500 Hits 17-Month High
The 90-day correlation between the top cryptocurrency and the S&P 500 has risen to the highest level since October 2020.
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Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions
Cryptocurrency lender Nexo announced a venture arm with $150 million to invest in Web 3 projects and acquisitions.
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Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains have all...
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Thailand Bans Crypto as Means of Payment
The Thai SEC stressed that it is only banning the use of crypto for payments and is not banning crypto trading and digital assets.
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Worldcoin to Raise $100M at $3B Token Valuation: Report
The list of investors for Worldcoin's latest funding includes a16z, Khosla Ventures.
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First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?
There was no apparent, clear explanation about a Singapore regulatory agency's decision to place crypto fund DeFiance Capital on an "Investor Alert...
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Bored Ape Owner Yuga Labs Raises $450M Led by a16z
The Bored Ape Yacht Club creator will use the funds to build out its NFT-based metaverse.
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FTX Acquires Good Luck Games Amid Gaming Push
The developer of the upcoming card battle game Storybook Bawl will become a part of the newly formed FTX Gaming division.
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NFL Teams Can Pursue Some Blockchain Deals, but Direct Crypto Promotion Still Banned: Report
Restrictions remain for specific cryptocurrencies and fan tokens that can be exchanged for merchandise and experiences, according to CNBC.
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Polychain Capital Leads $22M Investment in NFT Appraisal Protocol Upshot
The project wants to bridge the worlds of DeFi and NFT.
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Paradigm Invests $8.75M in DeFi’s Ribbon Finance
The protocol automates crypto derivatives strategies for the lay DeFi trader.
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3 Reasons Bitcoin Is Staying Resilient to Powell's Hawkish Remarks
The inversion of the yield curve signals the Fed may compromise in the future, so it's a good sign in part, one trader said.
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Ether Tops $3K For First Time in 2 Weeks
The native coin of the Ethereum network had dropped to as low as $2,500 earlier this month before beginning a steady climb.
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What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain
CoinDesk reporters traveled across Europe and North America to capture the diversity of cryptocurrency mining facilities.