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Home2024August

Month: August 2024

Why is Crypto Down Today? Federal Reserve & U.S. Treasury Decisions Loom Over Crypto Market
Bitcoin

Why is Crypto Down Today? Bitcoin Retreats Below $59,000 as Crypto Market Faces Downturn

August 31, 2024 CryptoExpert

TLDR: Bitcoin fell below $59,000 after failing to sustain momentum above $61,000 AI-focused cryptocurrencies led market declines following a drop in Nvidia’s stock price BlackRock’s Bitcoin ETF recorded its second-ever day of outflows, totaling $13.5 […]

SoC twt 082724
Cryptocurrency

A U.S. Crypto Bill’s 2024 Chances

August 31, 2024 CryptoExpert

The crypto industry has been begging for issue-specific legislation in the U.S. for years, in the hopes that this legislation may create clear permissions for companies to develop and issue tokens, manage blockchain networks or […]

Bitcoin Traders Caught Off Guard: $300 Million Liquidated in 24 Hours
Bitcoin

Solo Bitcoin Miner Strikes Gold: Mines Block Worth $199,000 with Minimal Hashrate

August 30, 2024 CryptoExpert

TLDR: A solo Bitcoin miner successfully mined block 858,978, earning 3.27 BTC ($199,094) The miner was part of Solo CK pool, using only 0.012% of the average network hashrate This rare event has only occurred […]

Maksim Balashevich
Cryptocurrency

In Defense of Human Traders

August 30, 2024 CryptoExpert

That’s where SanR comes in: Traders can use the platform to indicate whether they believe a particular token is moving up at a certain price, or down. These predictions are recorded as NFTs on-chain, meaning […]

Ouch! Ethereum User Overpays $90,000 in Gas Fees for $2,200 Transfer
Ethereum

Ethereum Foundation Under the Microscope: $100 Million Budget Raises Questions

August 29, 2024 CryptoExpert

TLDR: Ethereum Foundation’s annual budget increased from $41 million in 2021 to $100 million in 2024 Vitalik Buterin disclosed his annual salary of ~$140,000 from the Ethereum Foundation The Foundation moved $94 million worth of […]

Jamie Crawley
Cryptocurrency

Bitcoin Layer-2 Network Stacks (STX) Begins Nakamoto Upgrade

August 29, 2024 CryptoExpert

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by […]

Bitwise Expands Bitcoin ETF Holdings with Osprey Trust Acquisition
Bitcoin

Bitwise Expands Bitcoin ETF Holdings with Osprey Trust Acquisition

August 28, 2024 CryptoExpert

TLDR: Bitwise Bitcoin ETF (BITB) is acquiring Osprey Bitcoin Trust (OBTC), worth $120 million in assets OBTC unitholders will receive BITB shares as part of a liquidating distribution The acquisition is expected to close later […]

Sony Launches Soneium: A New Ethereum Layer-2 Blockchain, What You Need to Know
Ethereum

Sony Launches Soneium Testnet & Developer Incubator Program

August 28, 2024 CryptoExpert

TLDR: Sony launched Soneium Minato testnet for its new Ethereum Layer 2 blockchain Soneium Spark incubator program announced to support developers Up to $100,000 investment available for eligible projects Testnet allows developers to explore the […]

Search CoinDesk
Cryptocurrency

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change

August 28, 2024 CryptoExpert

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by […]

BTC to $250k: Bitcoin's Perfect Storm: Hong Kong ETFs, China's Crisis, and the Halving
Bitcoin

Bitcoin (BTC) $70k In Sight: Bitcoin Poised for Breakout as ETF Inflows Accelerate

August 27, 2024 CryptoExpert

TLDR: BlackRock’s IBIT Bitcoin ETF saw $224.1 million inflows on Monday Overall U.S. Bitcoin spot ETFs had net inflows of $202.6 million Bitcoin price currently trading around $62,900, below key support level Analysts have mixed […]

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Coinbase
  • Why x402 Didn’t Fade After PING: Pay-Per-Use for the Web
  • Analyst Links Bitcoin’s Next Moon Phase to a Major November Rally: Here’s the Outlook
  • Ethereum Foundation Launches Website To Onboard Wall Street
  • Insider Trading Is An SEC Country Club Looking For A Scapegoat
  • Trump-linked World Liberty To Airdrop $1.2M In WLFI Tokens
  • Bitwise Solana Staking ETF Sees $55M Trading Volume on Debut
  • Bitcoin Capped At $116K As Traders Cut Risk Ahead of FOMC, China Deal
  • SharpLink Deploys $200 Million in ETH on ConsenSys’ Linea: Here’s Why
  • Australia Crypto Rules Gain Some Clarity Under New Guidance
  • Solana ETF To Bring $6B New Capital: Analyst
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  • Why x402 Didn’t Fade After PING: Pay-Per-Use for the Web
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    October 30, 2025
  • Ethereum Foundation Launches Website To Onboard Wall Street
    October 30, 2025
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    October 30, 2025
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