Live updates: Bitcoin’s round trip to $85,000 burns traders on both sides
Bitcoin gave back its run at $85,000 and broke below $82,500 as weak tech earnings soured the mood. XMR bucked the drop with an 11% jump. Source:CoinDesk
Asian stocks tumble, bitcoin retreats as China enters bear market
Technology shares led regional losses as mixed U.S. earnings unsettled investors and Brent crude climbed above $112 a barrel. Source:CoinDesk
China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme
Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs…
Solana’s biggest network change since 2020 is live. Here’s how users benefit
The new voting system targets settlement in about 150 milliseconds, potentially shortening waits for payments and deposits. Users can keep their existing…
Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.…
XRP Ledger bug fix moved to November after validator support dipped for two hours
The fix lost its twoweek countdown less than two days from the finish after support slipped to 26 of 35 validators. It’s now back at 31. Source:CoinDesk
Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves
BTC broke through its $84,000 ceiling late Wednesday, then slid back to the $82,500 support analysts are watching as tech futures fell. Source:CoinDesk
Trump to throw spotlight on overseas crypto abuses at White House event
The president is hosting a cybercrime event that will highlight U.S. authorities' efforts to crack down on crypto scams run by foreign criminal organizations.…
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data. Source:CoinDesk
Bybit will look for big broker partnerships to take on Robinhood in the U.S.
When it comes to the U.S., Bybit will look to work with with someone like Interactive Brokers (IB), for example, said CEO Ben Zhou. Source:CoinDesk
Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Realworld assets already back the largest stablecoins, yet borrowing against them onchain still runs through variablerate pools. Peter Gaffney of O2O Capital…
Why centralized exchanges refuse to list legacy crypto tokens without explicit SEC immunity
Vault12 raised $17.45 million selling VGT in 2018 and says it met or dropped every promise, yet the token has never traded on a centralized exchange.…