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Finance

Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program

The company CEO called the stock undervalued, with an "underappreciated" bitcoin business and little to no value being applied to the firm's high-performance computing potential.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Finance

SharpLink's Ether Bet Surpasses $1.3B After Latest Purchase

The ether treasury company said it bought nearly 80,000 ETH over the last week as Joseph Lubin praised the GENIUS Act as a watershed moment for regulatory clarity.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Finance

Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody's

Moody’s notes that current blockchain use is mostly limited to on-chain bond issuance, with certain key functions still reliant on off-chain infrastructure

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Finance

Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe

The UK-regulated platform adds German crypto manager DDA, gaining BaFin permissions and $70 million AUM.

Europe flags (Shutterstock)

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Markets

XRP Hits All-Time High Before Forming Bearish Double Top Pattern, Ether Prints 'Doji'

ETH prints a Doji on the daily chart as XRP teases a double top on intraday charts.

XRP prone to profit taking. (shutterstock_248427865)

Markets

JPMorgan Plans to Launch Crypto-Backed Loans: Report

Last week, Jamie Dimon said that the bank plans to get more involved in stablecoins.

JPMorgan Chase CEO Jamie Dimon (CoinDesk Archives)

Markets

Asia Morning Briefing: U.S. BTC ETF Inflows Dwarf Hong Kong's as Local Investors Stick With Stocks

Hong Kong crypto ETFs saw just $14.1 million in inflows last week while the U.S. brought in $4.36 billion. However, Hong Kong issuers may be waiting for a door to open to mainland China.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Decentralized Crypto Exchanges Hit Record Market Share in Q2 Volume: CoinGecko Report

PancakeSwap emerged as the largest DEX by volume in the second quarter, driven by its integration with Binance Alpha, CoinGecko reported.

Stock trading chart next to watchlist (Tötös Ádám/Unsplash)

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Tech

Jito Launches BAM to Reshape Solana’s Blockspace Economy

The Block Assembly Marketplace (BAM) is a new system aimed at improving how blocks are built and how transactions are sequenced on the Solana blockchain.

jito

Finance

Polymarket Returning to U.S. with $112M Acquisition After Prosecutors Drop Probe

The crypto betting site is buying a licensed derivatives exchange to regain legal access to U.S. markets.

Polymarket founder and CEO Shayne Coplan at CoinDesk's Consensus 2024.