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coindesk-daily
PENGU's Volatile Debut Amid Memecoin and NFT Comeback
Pudgy Penguins' native token PENGU debuted at a $2.3 billion market cap. This comes as the overall NFT market shows signs of recovery, according to a report from Galaxy Research. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry.
Ripple’s RLUSD Stablecoin Triggers Trading Frenzy
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.
Bitcoin Hits New Record High As More Companies Buy BTC
Bitcoin set another fresh record above $107,000 Monday morning in New York. This comes as crypto companies such as Riot Platforms and MicroStrategy purchased billions worth of the asset in past weeks. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
BlackRock Recommends 2% BTC Allocation
Asset management giant BlackRock, with over $10 trillion AUM, recommends investors allocate 1% to 2% of their portfolio towards bitcoin. Plus, wallets connected to President-elect Donald Trump's World Liberty Financial project purchased millions of dollars worth of altcoins, and Vancouver wants to become a "bitcoin-friendly city." "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Microsoft, Russia Consider Proposals to Buy Bitcoin
Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
CoinDesk's Most Influential 2024
"CoinDesk Daily" host Christine Lee breaks down the top ten of the 2024 Most Influential List.
El Salvador and Bhutan's Bitcoin Retreat; MicroStrategy Buys $2B BTC
El Salvador is reportedly in talks to scale back its use of bitcoin as legal tender and a reserve asset to secure a $1.3 billion dollar loan from the IMF. Plus, Bhutan sent over 400 BTC to crypto trading firm QCP Capital and MicroStrategy purchases another 21,550 BTC worth over $2 billion dollars. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Who Are Trump’s Top Picks for SEC Chair?
"CoinDesk Daily" host Christine Lee breaks down the list of candidates who could chair the U.S. Securities and Exchange Commission.
XRP Hodlers Win $1.5B in Weekly Profits, Morocco to Legalize Crypto
XRP long-term holders made a weekly gain of $1.5B in profits, while Ripple Labs injects $25 million in the next U.S. election cycle. Plus, Tornado Cash wins a major legal victory and Morocco is preparing to legalize cryptocurrencies. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
The Dark Side of Crypto
HTX, the crypto exchange advised by Justin Sun, recently redeemed over 5100 wrapped bitcoins worth about $500 million, though HTX’s proof-of-reserves don’t include any WBTC at all. Plus, the mudslinging between Polymarket and Kalshi, and Pump.fun disabled its livestream feature amid disturbing shock videos. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
