Bitcoin BTC$93,449.12 closely follows the difficulty model according to checkonchain. This model estimates the total production costs of the network. The model treats mining problems as the distilled measure of mining price because it incorporates all major operational variables into a single figure. This provides an industry-wide estimate of the average cost to produce a […]
Fair value is close to $92.3K Read More »
Chainlink’s native token LINK rose 7% over the past 24 hours on Wednesday, outperforming the broader crypto market as traders reacted to the debut of the first US-listed spot Chainlink ETF. The Grayscale Chainlink Trust ETF ( GLNK ), converted from a closed-end fund and traded on the NYSE Arca, brought in $37 million in
Up 7% as Grayscale ETF (GLNK) Sees $37M first day inflow Read More »
The state of Connecticut fired a legal salvo against sports event contracting with a trio of cease-and-desist orders sent Wednesday to major predictive market operations — Robinhood, Kalshi and Crypto.com. The state Department of Consumer Protection accused the companies of “conducting unlicensed online gambling, more specifically sports betting.” Each of the companies is “hereby ordered
Connecticut orders Kalshi, Robinhood, Crypto.com to cease sports betting Read More »
Fanatics is expanding beyond jerseys and collectibles into the world of real money prediction markets. The sports retailer said Tuesday it will launch its new platform, Fanatics Markets, across 24 US states in phases over the coming days. The app, now live in 10 states and coming soon to major markets like California, Texas, Florida
Polymarket and Kalshi get a new competitor in fanatics Read More »
Coinbase ( COIN ) is partnering with some of the largest banks in the United States on pilot programs involving stablecoins, crypto-escrow and trading, CEO Brian Armstrong said Wednesday at the New York Times DealBook Summit. “The best banks are leaning into this as an opportunity,” Armstrong said during a discussion with BlackRock CEO Larry
Coinbase’s (COIN) Brian Armstrong Urges Wall Street Not To Be ‘Left Behind’ Read More »
Two key positions in US crypto watchdog are moving forward this week in the Senate as the chamber draws up a slate of dozens of nominees it will consider for confirmation at once, including Mike Selig to chair the Commodity Futures Trading Commission and Travis Hill to chair the Federal Deposit Insurance Corp. Senate Majority
Trump’s CFTC, FDIC vote closer to taking over agencies as they advance in Senate Read More »
Crypto asset management firm Bitwise said Ethereum’s Fusaka upgrade, expected to go live later Wednesday, is the kind of crude infrastructure change that markets tend to overlook in real time and then credit later for making the network feel more robust and more investable. The upgrade is constructive for Ethereum over time because it expands
What Investors Need to Know About Ethereum’s ‘Fusaka’ Upgrade Read More »
Filecoin rose 2% to $1.57 over the past 24 hours, posting modest gains that tracked broader moves in the cryptocurrency market. The broader market gauge, the CoinDesk 20 Index, rose 1.6%. The token’s volume remained muted at just 9.7% above its seven-day average, according to CoinDesk Research’s technical analysis model. Price action showed Filecoin’s continued
Filecoin (FIL) Rises 2.2% as Crypto Markets Rally Read More »
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency technology development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Ethereum developers prepare for Fusaka, second upgrade in 2025 Anthropic research shows that AI agents are approaching true DeFi attack capabilities Ethereum developers push ZK ‘Secret Santa’ system towards
Ethereum preparations for upcoming Fusaka upgrade Read More »
Blackrock, the world’s largest asset manager, laid out its vision for 2026 and – read past its bearish outlook for US bonds and the world’s largest economy – it’s a bullish plan for institutional crypto adoption. The US federal debt will swell above $38 trillion, setting the tone for a market outlook defined by fragility
BlackRock’s 2026 AI report is bullish on digital assets, bearish on US economy Read More »
