Blackbird, the innovative restaurant loyalty platform created by Ben Leventhal, co-founder of Resy and Eater, has officially launched its Flynet mainnet. This exciting development marks a significant step towards integrating restaurant payments into the blockchain ecosystem. The Power of Flynet: A Layer-3 Solution Flynet operates as a layer-3 blockchain built on Coinbase’s Base chain, which…
Welcoming a New Era in Crypto Oversight WASHINGTON, D.C. — In an exciting development for the cryptocurrency sector, Tyler Williams has been appointed as the crypto counselor for Treasury Secretary Scott Bessent. Within hours of his announcement, Williams addressed a private digital assets event in Washington, D.C., emphasizing the importance of stablecoin legislation as a…
Overview of the CoinDesk 20 Index CoinDesk Indices is excited to present its latest market update, showcasing the performance dynamics within the CoinDesk 20 Index. This index serves as a valuable benchmark for tracking the top-performing cryptocurrencies in the market. Current Market Performance As of the latest trading session, the CoinDesk 20 Index is valued…
The Impact of Trump’s Tariff Announcements What initially appeared to be a promising start for U.S. stock markets has quickly diminished following President Trump’s recent comments on tariffs. In a post shared on his Truth Social platform, the President highlighted concerns regarding the influx of illegal drugs across the U.S. border and announced the implementation…
Bitcoin Experiences Significant Price Drop Bitcoin (BTC) has seen a notable decline this week, plummeting by 10% to a current price of $86,300. This drop marks a departure from a previously stable trading range between $90,000 and $110,000. As traders analyze this bearish movement, they are particularly focused on identifying potential future price trajectories. The…
By James Van Straten (All times ET unless indicated otherwise) Recent Developments in Bitcoin’s Price Action The latest fluctuations in Bitcoin’s (BTC) price have sparked a debate among investors: should one “buy when there is blood in the streets,” or is it wiser to “not catch a falling knife”? This philosophical dilemma is particularly relevant…
Pakistan is taking significant steps towards regulating its cryptocurrency sector by announcing the formation of a national crypto council. This initiative follows a recent meeting with advisors on digital assets linked to former President Donald Trump, as reported by local news outlet Dawn. The Role of the National Crypto Council The newly proposed council will…
Bitcoin’s recent price fluctuations have captured widespread attention, but the decline of corporate BTC holder Strategy (MSTR) has been ongoing for over three months. The Current State of Strategy’s Stock As of Wednesday, Strategy’s shares are trading around the $250 mark, reflecting a significant drop of approximately 55% from its peak of $543 on November…
Urgent Request for Assistance The Federal Bureau of Investigation (FBI) has reached out to the cryptocurrency industry for help in tracking and preventing the laundering of funds stolen from Bybit, amounting to a staggering $1.5 billion. This massive theft is attributed to North Korean hackers, highlighting the urgent need for collaboration in securing the crypto…
Continuous Decline in Major Cryptocurrencies Ether (ETH) has faced a challenging week, experiencing a notable 7% decline in the past 24 hours alone. This downward trend is part of a more extensive sell-off in the cryptocurrency market, which shows no signs of easing. In parallel, Bitcoin (BTC) has been fluctuating between $89,000 and $82,500 during…
