The crypto market rose 2.4% to $2.51 trillion on Friday primarily due to a shift in global risk sentiment following signals of potential de-escalation in the Middle East. Summary Crypto prices rebounded on Friday after crude oil prices retreated following multi-year highs. A wave of short liquidations across leveraged markets and back-to-back inflows into major
Thank you all for applying, and we’re excited to announce the latest Ethereum Foundation grants! We funded 22 recipients for a total of $2.84M. Apply here for the next round! 🦄 Background The Ethereum project seeks to support useful dapps and smart contracts on the Ethereum blockchain, and the goal of the Ethereum Foundation is
A company affiliated with President Donald Trump’s branded crypto is offering investors a second chance to secure a seat at the table. Literally. Holders of the TRUMP crypto coin are vying for an invitation to an exclusive Mar-a-Lago crypto event scheduled for April 25, where the President himself is billed as the keynote speaker. The
BlackRock’s newly launched staked Ethereum exchange-traded fund posted a strong first trading day, drawing roughly $15.5 million in volume as institutional interest in Ether investment products continues to grow. Summary BlackRock’s staked Ethereum ETF (ETHB) recorded $15.5M in day-one trading volume. Bloomberg analyst James Seyffart called the debut “very, very solid” for a new ETF.
Přátelé, Now that we’re well into the year, we know that many of you have started to plan ahead for changing weather, holiday celebrations, and (of course) Devcon! We’re excited to announce today that Devcon4 will take place in Prague from 30 October – 02 November of this year. The first iteration of this conference
Though we’re still waiting on a lot of the formal rulemaking and proposed rulemaking from the federal securities and commodities regulators, last week’s memo is another sign that the SEC and CFTC are at least serious about signalling these efforts are coming. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of
Banking giants HSBC and Standard Chartered are expected to be among the first institutions to receive stablecoin issuer licenses in Hong Kong, marking a major step in the city’s effort to build a regulated digital-asset ecosystem. Summary HSBC and Standard Chartered are expected to receive Hong Kong’s first stablecoin issuer licenses. The approvals would fall
The Swarm Team is pleased to announce the immediate release of Swarm client v0.3, the third proof-of-concept release (POC3) of the Ethereum Swarm client. The POC3 code is now merged into the official go-ethereum repository’s master branch. Swarm 0.3 has been deployed to the public Testnet, and the Ethereum Foundation is running a 50-node strong
Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, imposing comprehensive reporting requirements for bitcoin and crypto activity. The rule targets Bitcoin (BTC) and other digital assets. It mandates that residents and entities disclose nearly all transactions exceeding $5,000 per year. The resolution requires platforms and administrators to submit detailed data,
The Ethereum Foundation has sold 5,000 ETH to publicly traded treasury firm BitMine Immersion Technologies in an over-the-counter deal worth just over $10.2 million. Summary The Ethereum Foundation offloads 5,000 ETH to BitMine as price climbs above $2K The OTC transaction was priced at an average of $2,042.96 per coin ETH is up 8.2% over
