CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem.

No, Elon Musk’s SpaceX Isn’t the Cause of This Multi-Billion-Dollar Bitcoin Bloodbath

Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.

Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

JPEG’d DAO voters are deciding how to account for a $1 million bounty.

Saying Goodbye to The Airdrop

But CoinDesk is not abandoning Web3 content.

Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether

Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.

Single Trader Lost $55M on Ether Long Yesterday

That was nearly 30% of all liquidated futures on Binance, the data shows.

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.

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Discovery

CoinDesk Podcast Network

Bitcoin Tumbles 11% This Week; A Payments Giant Dives Deeper Into CBDCs

The most valuable crypto stories for Friday, August 18, 2023.

Aug 18, 2023

CoinDesk’s Money Reimagined

Empowering Tomorrow’s Internet | Decentralized Storage and AI in a Changing Data Landscape With Frank McCourt

A short tease of an upcoming new book that explores the evolution of decentralized storage and its potential to rectify Web2’s injustices as AI’s rise and data proliferation underscore the urgency for change.

Aug 17, 2023

Consensus Magazine

The End of the End of Crypto

Market sentiment is improving. And even the New York Times is fair-minded.

Aug 16, 2023

Consensus Magazine

I Have 1M Questions About the PayPal Stablecoin. Here Are 5

The payments giant’s new stablecoin will compete with Tether’s and Circle’s coins, but it’s not breaking any new ground.

Aug 7, 2023

Consensus Magazine

Bitget Exchange Faces Lawsuit by Advisor of ReelStar Token Project After the Listing Goes Sour

Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.

Aug 3, 2023

RWA Tokenization: What Does it Mean to Tokenize Real-World Assets?

Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.

Jul 25, 2023

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.

May 4, 2023 at 2:39 p.m. PDT

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Trending in Crypto

Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

Aug 18, 2023

Crypto Update | Bitcoin Tumbles Below $26K

Aug 18, 2023

No, Elon Musk’s SpaceX Isn’t the Cause of This Multi-Billion-Dollar Bitcoin Bloodbath

Aug 18, 2023

Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

JPEG’d DAO voters are deciding how to account for a $1 million bounty.

Aug 18, 2023

Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

Aug 18, 2023

Crypto Lender Exactly Hit by $12M Bridge Exploit

The protocol becomes the latest in a long line of firms to be struck by a hack involving a cross-chain bridge.

Aug 18, 2023

The Protocol: Blockchains Keep Launching, From Sei to Shibarium

The week in blockchain tech: Two much-hyped networks debut, though the launches weren’t quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it’s the blockchain security trend you didn’t know you needed to know about.)

Aug 17, 2023

Policy

Policy

XRP Ruling Needs Appeals Court Review, SEC Says

A judge allowed the SEC to file for the appeal.

Aug 18, 2023

Policy

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.

Aug 18, 2023

Markets

Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports

They would join bitcoin futures ETFs that are already approved.

Aug 17, 2023

Policy

Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury’s Authority

The group of developers and investors sued the Treasury Department last year.

Aug 17, 2023

Policy

SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules

A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.

Aug 17, 2023

Policy

FTX-Linked Farmington State Bank Slapped with Fed Enforcement Action

The Federal Reserve has brought an enforcement action against the one-branch lender for making a foray into digital assets activities in violation of a prior agreement it made.

Aug 17, 2023

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