CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By coindesk.com August 02, 2023 In Binance, Bitcoin, Blockchain, DeFi, Justin Sun, Mining, Ripple, Stock Market

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

MicroStrategy Chairman Michael Saylor (Getty Images)

Bitcoin Whale Michael Saylor Might Buy a Lot More BTC

MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.

Advertisement

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

Bitcoin Bounds Past $29.9K on MicroStrategy BTC Purchasing Plans; ADA, SOL Turn Green

CRV was up more than 7.6% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.

Aug 1, 2023 at 3:12 p.m. PDT

Is Sam Bankman-Fried Tied to a New Apparent Crypto Scam Called BALD?

On-chain data shows bald’s deployer contract has interacted with Alameda-linked wallets and was an active DeFi participant in the early days.

By Sam ReynoldsShaurya Malwa

Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

Similar uneventful periods in the past preceded major eruptions in volatility for BTC’s price, noted a research firm.

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday.

Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses

They’re responding to the potential systemic risk posed by Michael Egorov’s teetering financial position.

Aug 1, 2023 at 9:05 a.m. PDT

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.

Chevrone Right IconChevrone Right Icon

Discovery

CoinDesk Podcast Network

Tron Founder Justin Sun Steps in to Help Curve; Crypto Payment Adoption Rivalry Heats Up With ‘X’ Rebrand

The most valuable crypto stories for Tuesday, August 1, 2023.

Aug 1, 2023

(Ryan Quintal/Unsplash, Modified by CoinDesk)

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

CoinDesk’s Money Reimagined

The ‘Perfect Storm’ of WorldCoin and Economic Empowerment Through Bitcoin Mining

A walk through the latest crypto news concerning privacy, security, and Elon’s “everything app” to what’s emerging in bitcoin mining that could be a game changer for lower socio-economic communities all while remaining eco-friendly.

Jul 26, 2023

AuthorJeff Wilser stares into the Orb. (Jeff Wilser/CoinDesk)

Consensus Magazine

The Untold Story of Worldcoin’s Launch: Inside the Orb

Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.

Jul 24, 2023

(Getty Images)

Understanding Ripple, XRP and the SEC Suit

We explain the difference and connections between Ripple and XRP and the history and the state of the SEC’s case against Ripple.

Mar 29, 2022

Consensus Magazine

Tokenize Everything: Institutions Bet That Crypto’s Future Lies in the Real World

Long one of crypto’s big ideas, tokenization may finally be ready for prime-time. Wall Street is diving in, creating tokens for everything from buildings to gold bars. One advantage: relatively little regulatory scrutiny. Jeff Wilser reports.

Jul 18, 2023

(Shutterstock/CoinDesk)

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

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

Aug 2, 2023

MicroStrategy CEO Michael Saylor

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

Aug 1, 2023

BTC price 5-day volatility compared to gold, Nasdaq and S&P500 (K33 Research)

Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

Aug 1, 2023

Bitcoin may be oversold, but any bounce could be muted (Getty Images) Bitcoin monthly chart. (CoinDesk Indices)

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.

Aug 1, 2023

Binance founder and CEO Changpeng Zhao (Antonio Masiello/Getty Images)

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

Aug 1, 2023

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

Aug 1, 2023

With blockchain halvings, sometimes less is more. (Unsplash)

Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supply of ‘Digital Silver’

The quadrennial “halving” on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the “hard money” mechanics that crypto analysts say helps to boost bitcoin’s price.

Aug 1, 2023

Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help

Aug 1, 2023

LeetSwap Halts Trading After $630K Drained From Liquidity Pairs

Jul 31, 2023

Policy

Sam Bankman-Fried (right) exits a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

Policy

U.S. DOJ Has ‘Extremely Thin’ Basis for Jailing FTX’s Bankman-Fried Ahead of Trial: Defense

Prosecutors moved to revoke Sam Bankman-Fried’s bond release, alleging his sharing Caroline Ellison’s diary with the New York Times amounts to witness tampering.

Aug 1, 2023

The House of Representatives has been making strides in crypto legislating, but pitfalls await. (Jesse Hamilton/CoinDesk)

Policy

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.

Aug 1, 2023

Policy

Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans

The environmental argument against bitcoin “should not be used as a smokescreen to curtail freedom to transact,” U.S. Democratic presidential candidate Robert F. Kennedy Jr said.

Aug 1, 2023

UK United Kingdom British England Flag (Unsplash)

Policy

Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor

The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.

Aug 1, 2023

Republican presidential candidate Vivek Ramaswamy doesn't support using bitcoin to stabilize the dollar. (Frederick Munawa)

Policy

Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says

The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.

Aug 1, 2023

Binance Japan users can access spot trading, earn products, and an NFT marketplace. (CoinDesk)

Policy

Binance Japan Starts Onboarding Users

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

Aug 1, 2023

About

AboutMastheadContributorsCareersCompany News

Stay Updated

ConsensusCoinDesk StudiosFollow

Get In Touch

Contact UsAdvertiseAccessibility HelpSitemap

The Fine Print

Ethics PolicyPrivacyDo Not Sell My Personal Information

Published on

coindesk.com

View the full article

You may also like