DePIN was one of the biggest stories in crypto in 2024. From telecoms and energy to mapping and weather data, DePINs sprang up to offer useful services to end-users powered by blockchains, tokens and smart contracts. The “useful” bit here was key. DePIN offered products that consumers could use and understand, contrasting (critics said) with […]

Michael Saylor’s decades-old software development firm <a href=”https://www.coindesk.com/business/2022/08/04/michael-saylor-lost-big-in-the-dot-com-bubble-and-bitcoins-crash-now-he-aims-to-rebound-again/” target=”_blank”>MicroStrategy blazed the path </a>for corporate bitcoin purchases beginning in 2020. Through massive securities sales, he’s managed to fund the purchase of billions of dollars worth of bitcoin for his company. Tesla and Block dabbled in the strategy in years past. After the ugly crypto winter put

Wall Street giant JPMorgan (JPM) turned more bullish on some bitcoin (BTC) mining stocks in its coverage following third quarter results and recent gains in bitcoin price and the network hashrate, the bank said in a report on Tuesday. The bank upgraded Cipher Mining (CIFR) and CleanSpark (CLSK) to overweight from neutral. JPMorgan also introduced

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin’s bull-bear tug-of-war continues to rage, with prices recovering to over $97,000 from Monday’s dip to $94,200. The slide was prompted by concern Google’s new quantum-computing chip, Willow, could compromise BTC’s security — a worry quickly dismissed by analysts. That leaves directional traders with little to

Memecoin project Floki (FLOKI) released a zero-fee debit card in 31 European countries on Monday, with plans to expand the offering to other countries in the future. The debit card allows users to spend bitcoin (BTC), ether (ETH), USD Coin (USDC), tether (USDT), BNB Chain’s BNB and FLOKI globally at merchants that accept VISA or

Relai, a bitcoin (BTC) buy, sell and self-custody application, has raised $12 million Series A funding. The Switzerland-based company’s Series A was led by Ego Death Capital, a bitcoin only VC, which committed $4 million to the raise. Other participants included Plan B Bitcoin Fund, Timechain, and Solit Group. Following the maxim of “not your

Viral internet personality Hailey Welch, also known as the “Hawk Tuah” girl, has been silent on social media following last week’s controversial introduction of a memecoin that has since plummeted by more than 95%. The HAWK token <a href=”https://www.coindesk.com/markets/2024/12/04/hawk-tuah-sensation-haliey-welch-s-hawk-token-goes-live” target=”_blank”>initially spiked</a> to a $500 million market cap before rapidly tumbling as heavy selling pressure from

BlackRock’s spot bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) exchange-traded fund (ETF), tickered IBIT on Nasdaq, dropped on Tuesday as the overheated crypto market cooled and unfounded concern that bitcoin’s security might be compromised by quantum computing percolated across social media. IBIT’s price fell 5.3% to $54.73, the biggest single-day drop since early August, according to data

The European Union’s wide-ranging regulatory regime for cryptocurrency firms, the Markets in Crypto Assets (MiCA), is set to take effect at year-end, but, with just three weeks to go, almost a quarter of the 27 countries that constitute the bloc aren’t ready. For the regulation to apply in the country, EU members have to align