Bitcoin BTC$64,309.55 recently traded around $64,000, pausing after a rally that saw it rise from $62,600 on Monday. The largest cryptocurrency has dropped 0.6% since midnight UTC, trailing after Nasdaq 100 index futures, which lost 1.1% as U.S. Treasury bond yields and oil prices rose. Ether ETH$1,902.11 lost around 1% since midnight and coins including […]

Bitcoin BTC$63,636.04 steadied above $63,000 on Monday, clawing back a fraction of last week’s losses with a 0.8% gain since midnight UTC. Without an obvious catalyst, the largest cryptocurrency appears to be tracking U.S. equities. Nasdaq 100 index futures are up 0.5% to their highest point since July 2. Any positive reading will need to […]

Bitcoin BTC$62,847.45 dropped below $63,000, losing 1.14% since midnight UTC as a second day of outflows from spot exchange-traded funds and a lack of bullish catalysts weighed on the crypto market. Spot bitcoin ETFs experienced the first back-to-back days of outflows since late July with $192 million exiting the products, according to SoSoValue. The largest […]

Bitcoin held near $63,600 after Wednesday’s in-line U.S. inflation print proved enough to calm nerves, but not enough to move markets decisively in either direction. The largest cryptocurrency has added 0.30% since midnight UTC, while the broader crypto market capitalization dropped 0.54% over 24 hours to $2.18 trillion. July CPI came in at 3.4% year […]

Crypto markets were steady on Wednesday as traders absorbed a protocol exploit while waiting for a U.S. inflation report that often sets the tone for risk assets. Harmony, a layer-1 blockchain network for DeFi protocols and marketplaces. confirmed it had been hit by an exploit early in the Asian day. An attacker minted some 4 […]

The crypto market was little changed on Tuesday after falling overnight as the short-lived optimism around a Strait of Hormuz deal evaporated. President Donald Trump’s demand for 50 years of compensation from Iran as a condition of any negotiation dashed hopes of a near-term resolution and pushed Brent crude up to $89.08, more than 12% […]

Crypto exchange Coinsbuy lost more than $8 million in a coordinated attack across TRON and Ethereum on Aug. 9, according to onchain data reviewed by blockchain security researchers. The attacker began with a 5 USDT transaction before draining eight TRON wallets of 6.04 million of the dollar-pegged stablecoin in about an hour. On Ethereum, three […]

The crypto market opened the week on a positive note, with bitcoin BTC$65,008.85 up 0.54% since midnight UTC at $65,209 and ether ETH$1,917.40 gaining 0.86% to $1,925 as sentiment stabilized following a turbulent July. The move was correlated with Nasdaq 100 index futures, which rose by 0.45% since midnight, buoyed by speculation from the Middle […]

“There were way too many general-purpose layer twos, which frankly don’t make sense as a product, because there’s no reason to have many, many versions of the same thing,” Ben Fisch, CEO of Espresso Systems, told CoinDesk. “We’re in a consolidation phase for general-purpose layer twos, not layer twos broadly.” Industry leaders argue the shakeout […]

The crypto market is closing out July on the back foot, with bitcoin BTC$62,928.70 falling 1.31% since midnight UTC to $63,870 and ether (ETH) dropping 1.40% to $1,890 after struggling to regain the $2,000 level it touched earlier this month. The performance is diverging from equities, with South Korea’s Kospi surging by more than 15%. […]