• Jul 30, 2024

Why a 10% Drop in Grayscale's Bitcoin ETF Tuesday Shouldn't Rattle Investors

The decline was expected, as 10% of the bitcoin held by the fund was spun off to create the new Grayscale Bitcoin Mini Trust.

• Jul 30, 2024

U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold, Draft Bill Shows

The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk.

• Jul 30, 2024

Are Sony's Plans For a Crypto Exchange Driven by Dollars or Technology

Most people associate Sony with flatscreen TVs, gaming consoles, movies, and music. But the Japanese company plans to overhaul the "Whalefin" crypto exchange it acquired. The key question moving forward will be how well companies like Sony can adapt to the unique challenges and opportunities presented by the crypto space.

• Jul 30, 2024

Cryptocurrency Price Movements Today: Bitcoin Drops Below $65,000 Amid U.S. Selling Fears

Bitcoin's price fell after investors speculated about a sale by the U.S. government.

• Jul 30, 2024

Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.

• Jul 30, 2024

Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

The plan, which sounds similar to a proposal from Sen. Cynthia Lummis’ (R-Wyo.), doesn’t echo “freedom, sovereignty and independence from government coercion and control,” whi...

• Jul 30, 2024

Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports

Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.

• Jul 30, 2024

Feds arrest Princeton grad ‘Diamondhands’ who raised $257 million for fake crypto social media site

Al-Naji ran a site called BitClout and, according to the SEC, siphoned millions for personal expenses, including a Beverly Hills mansion.

• Jul 30, 2024

Russia Legalizes Crypto Mining and Brings an Experimental Regime

Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported.

• Jul 30, 2024

Russia Legalizes Crypto Mining and Brings an Experimental Regime

The State Duma passed two bills on Tuesday.