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Large bitcoin (BTC) holders, commonly known as whales, are back purchasing more of the asset after a lull period in early January and a bout of profit-taking, CryptoQuant data shows. The monthly percentage growth of the bitcoin holdings of large investors has
Singapore and Thailand recently moved to ban Polymarket from their respective jurisdictions, arguing that the site was just another gambling platform. On the surface, that argument seems logical. Polymarket’s inclusion of sports prediction markets makes it seem like a competitor to licensed
The analyst who wrote this piece owns shares of Semler Scientific (SMLR). Medical-devices maker Semler Scientific (SMLR) tumbled as much as 15% after the close of U.S. trading on Thursday after saying it plans to sell $75 million of convertible senior notes
Crypto venture capital (VC) funding is expected to recover this year as regulatory clarity and more crypto-friendly policies emerge during the tenure of President Donald Trump, JPMorgan (JPM) said in a research report Wednesday. The Wall Street bank noted that venture funding
Donald Trump’s official memecoin has been extremely profitable for early buyers and likely unprofitable for many, a Chainalysis finding shows. An estimated 60 whales — a colloquial term for influential token holders — have realized profits exceeding $10 million each. However, a
Ethereum scaling plans and network applications should start supporting the network’s native ether (ETH) to further bump value for the asset, co-founder Vitalik Buterin wrote in a post on Friday. “We should pursue a multi-pronged strategy, to cover all major possible sources
Interblockchain settlements protocol THORChain paused bitcoin (BTC) and ether (ETH) withdrawals on its lending and savers programs to prevent a potential insolvency risk. Network node operators proposed and implemented a 90-day pause in early Asian hours on Friday, to formulate a plan
Bitcoin (BTC) held steady during Friday’s Asian hours after Bank of Japan (BOJ) lifted the benchmark borrowing cost to the highest in 17 years while raising inflation forecasts. “If the outlook presented in the January Outlook Report will be realized, the Bank
The U.S. Securities and Exchange Commission published a new Staff Accounting Bulletin Thursday withdrawing its controversial SAB 121. SAB 121 directed banks and other public companies that they had to mark any customers’ crypto assets on their own balance sheets. SAB 122
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: DAO governance tool merger Ethereum Foundation drama Stablecoin USDh comes to Bitcoin $25 million grant