Dogecoin Records Bump in Transaction Activity, Points to Bullishness for DOGE
A spike in transactions suggests a potential revival of user engagement and could indicate growing adoption or increased trading activity – leading to higher prices.Source
Solana-Based Drift Raises $25M to Build ‘SuperApp’ for DeFi Trading
The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market.Source
Germany’s DZ Bank to Offer Customers Crypto Trading Through Boerse Stuttgart Tie Up
The first banks will be connected this year, with a phased roll out for selected retail customers.Source
Commerzbank to Offer Bitcoin, Ether Trading Through Crypto Finance
The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.Source
Ether Rebounds Off Key Support Signals Long Term Bullishness
Ether has bounced off its 200-week simple moving average, reinforcing long-term support.Source
WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder’s Claims
WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance – a statement the latter has denied.Source
Arthur Hayes: ‘If They Go 50, That Will Be a Nuclear Catastrophe for Financial Markets’
In an interview with CoinDesk’s Markets Daily, BitMEX co-founder and Maelstrom CIO Arthur Hayes discusses the impact of the Fed cut, how he sees the crypto markets shaping out this year, and why he’s investing in Bitcoin Ordinals and inscriptions.Source
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K
Market participants were uncertain about the size of rate cut prior to the Fed meeting, laying the groundwork for volatility on the markets.Source
The Protocol: How Winklevii Taught Dad BTC, Wild Flight to Singapore
Forget the Federal Reserve. The Bitcoin and crypto project news flow is ample (and fascinating) enough to keep us busy. We’ve got the rundown plus $80M of fundraisings. In CoinDesk’s weekly newsletter on blockchain tech.Source
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.Source