Hardware wallet maker Ledger has partnered with payments giant PayPal to allow users to buy crypto in its Ledger Live app through their PayPal accounts, the companies announced Wednesday. Ledger Live allows users to buy crypto with fiat currency and deposit tokens directly to the hardware wallet. With the integration of PayPal, users will now … Read more
Shibarium hopes to lure users to a low-fee ecosystem focused mainly on financial services and gaming. The Ethereum layer-2 network will utilize BONE, TREAT, SHIB and LEASH tokens for applications built on the blockchain, which could lift the prices of these tokens as demand increases. Shiba Inu developers on Wednesday were set to push live … Read more
Donald Trump owns much more in cryptocurrency than was first publicly known, fresh disclosures show. The former president and leading Republican candidate for next year’s election held $2.8 million in a cryptocurrency wallet as of early August, according to official documents governmental ethics watchdog Citizens for Responsibility and Ethics in Washington received Monday. He also … Read more
The price of bitcoin (BTC) barely held the $29,000 level early Wednesday as the summer slump in trading activity weighs on digital assets. The largest cryptocurrency by market capitalization sank to as low as $29,028, the weakest level since August 7 and down about 1.3% from $29,400 a day ago. The price had bounced modestly … Read more
Sei, a new trading-focused blockchain backed by Jump Crypto and Multicoin Capital, went live Tuesday, setting off a flurry of trading for the project’s just-launched SEI token and pushing its first-day market capitalization to more than $400 million. Trading volume for SEI has topped $1.6 billion in the past 24 hours according to CoinMarketCap, with … Read more
Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing stricter rules by the country’s financial regulator. The company said customers who have previously purchased crypto assets through their PayPal account can keep them on the platform or sell them at any time. However, starting … Read more
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Cryptocurrency exchange Coinbase (COIN) has won approval to list crypto futures in the U.S. nearly two years after first applying. The National Futures … Read more
Crypto custodian BitGo has raised $100 million at a valuation of $1.75 billion, Bloomberg reported on Wednesday. The $100 million raise comes nearly two months after the custodian scrapped plans to buy rival Prime Trust. The troubled Prime Trust could reportedly cut up to 75% of its staff, due to immense financial and regulatory challenges. … Read more
Cryptocurrency exchange Coinbase (COIN) can now list crypto futures in the U.S. nearly two years after applying for approval. Coinbase has secured approval from the National Futures Association (NFA) to operate a Futures Commission Merchant (FCM), the exchange announced on Wednesday. The NFA is a self-regulatory organization with designation from federal derivatives regulator the Commodity … Read more
Latest slide in Russian ruble and Argentina’s peso reveals cracks in the global market, according to one bank. Still, perceived haven assets remain under pressure as Treasury yields and dollar index rise. Perceived safe havens like bitcoin (BTC) and gold struggle to gather upside traction even as signs of cracks in the global market begin … Read more