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Aug 22, 2024
Tim Draper leads $2.5 million funding round for crypto startup Ark Labs
Ark Labs, a three-month old startup developing solutions to speed up bitcoin transactions and lower costs, has raised $2.5 million in a pre-seed funding round led by billionaire investor Tim Draper. Besides venture capital firm Draper Associates, Fulgur Ventures, Axiom Capital and angel investor Stephen Cole also participated in the round, the startup said on Thursday.
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Aug 22, 2024
Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.
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Aug 22, 2024
Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.
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Aug 22, 2024
First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Aug 22, 2024
Breaking Down 1 of Wall Street's Biggest Bitcoin Buys: A Warning or a Signal to Join the Cryptocurrency Revolution?
The narrative around Bitcoin is evolving from a speculative asset to a strategic investment.
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Aug 22, 2024
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.
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Aug 22, 2024
Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.
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Aug 22, 2024
Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies
The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.
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Aug 22, 2024
Value of Most Expensive NFTs Plummet as NFT Winter Continues
The once-booming market for non-fungible tokens (NFTs) has cooled significantly from its peak when digital artwork captivated global attention.
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Aug 22, 2024
Bitcoin Rises as Fed Hints at Possible Rate Cut in July Meeting Minutes
Bitcoin (BTC)'s price has increased following the release of the U.S. Federal Reserve's July meeting minutes, and is currently trading at $60,271.
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