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 London-based Jacobi Asset Management has listed Europe’s first spot bitcoin exchange-traded fund (ETF) on Euronext Amsterdam nearly two years after it was first … Read more
Sei Labs, the company behind layer 1 blockchain Sei, has announced that its mainnet is now live after a successful testnet phase. The blockchain’s native token SEI also went live today on exchanges such as Binance, Kraken and Huobi, among others. The focus for Sei is to create a chain that offers users the ability … Read more
The Jacobi FT Wilshere Bitcoin ETF is regulated by the Guernsey Financial Services Commission (GFSC) and will trade under the ticker “BCOIN.” The listing means Europe will see a spot bitcoin ETF traded before the U.S., despite dozens of applications to the Securities and Exchange Commission in the last few years London-based Jacobi Asset Management … Read more
The investment case for bitcoin (BTC) could be compelling as investors look to navigate some of the current uncertainties in the global macro landscape, Coinbase (COIN) said in a research report Thursday. The structural factors affecting inflation are changing with the advent of new technologies such as generative artificial intelligence (AI), and this may herald … Read more
Inflows to Coinbase’s (COIN) new Base blockchain were muted on the first day after its official launch, failing to meet the expectations of some crypto traders that massive amounts of capital would flow in. Just over $10 million was bridged, or transferred, to the new blockchain in the past 24 hours, according to data in … Read more
Binance Labs, the venture capital arm of the world’s largest crypto exchange by trading volume, has committed to investing $5 million in the Curve DAO Token (CRV), the token behind the Curve decentralized exchange (DEX) on the Ethereum blockchain. As part of the collaboration, Curve is exploring a potential deployment on Binance’s BNB Chain, according … Read more
DeGods “Season III” will add artwork to give each holder four artistic assets associated with their one DeGods token. In 24 hours, trading volume increased nearly 200% to 1,359 ETH, or about $2.5 million. It’s uncertain if overall non-fungible token (NFT) trading volume will come back after falling 50% since January, but for popular profile-picture … Read more
Crypto conglomerate DCG is seeking to dismiss a fraud lawsuit brought by Cameron and Tyler Winklevoss’ Gemini exchange. Digital Currency Group argues Gemini is trying to deflect blame for the problems at Gemini’s Earn lending service. Also on Thursday, DCG filed the controversial promissory note at the center of the controversy. Digital Currency Group, or … Read more
New projects from the venture capital firm Andreessen Horowitz (a16z) are focused on ZK proofs, a type of cryptography that can help scale blockchains. Because so many of a16z’s portfolio companies rely on ZK tech, the firm is making a bet that its own contributions can help those companies succeed. Silicon Valley venture-capital giant Andreessen … Read more
Decentralized governance-focused crypto project the Aragon Association considered selling itself in June. The deliberations came after months of pressure from activist investors who have eyed Aragon’s $180 million treasury. The Aragon Association, one of the biggest crypto projects building tools to support decentralized governance, is trying to get out of its own governance pickle. After … Read more