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TON Back Online After Near Six Hour Outage; Trump Releases Fourth Drop of His NFT Trading Cards
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the TON blockchain resumes producing blocks after a nearly six-hour outage caused by a surge in network traffic. Plus, Australians lost $122 million of crypto to investment scams in just 12 months, and Trump is out with another collection of digital trading card NFTs.
Key Bitcoin Support Levels to Watch as Volatility Rises
Fairlead Strategies founder and Managing Partner Katie Stockton breaks down the recent spike in volatility across the crypto market and explains why she foresees a range-bound environment for equities and digital assets in the coming month. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Is the AI Trade Over?
Fairlead Strategies founder and Managing Partner Katie Stockton breaks down the shift of sentiment surrounding artificial intelligence and the impact on AI-related tokens. Plus, what she's looking out for ahead of Nvidia's earnings report. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Crypto Market Rally Created 88K New Millionaires in 2024: Henley Global
The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires in 2024, according to a report by New World Wealth and Henley & Partners. There are now 172,000 people that hold over $1 million worth of crypto across the world, a 95% increase from last year. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.
Aave Token Up Nearly 40%: Is It a Good Buy?
CoinDesk's Jennifer Sanasie breaks down the nearly 40% surge in AAVE token in the past month. Plus, insights on the pros and cons of the proposals aimed at overhauling AAVE's tokenomics and protocol's risk management. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
TON Slides 17% as Telegram CEO Pavel Durov Arrested in France
Toncoin is down over 17% in the last 7 days after French media reported that Pavel Durov the CEO of Telegram was arrested as part of a warrant issued by OFIM. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region.
80% of Tokens Suffer Losses for at Least 6 Months After a Hack: Immunefi
According to Immunefi, 80% of token prices suffer negative price impact for at least 6 months after a hack. In its latest report, the team reviewed a sample of 176 hacking incidents between 2021 and 2023 and discovered that the market impact of a hack persists and intensifies over time, continuing for at least 6 months after the incident. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Donald Trump Promotes Family-Run DeFi Project; Sony Starts Its Own Blockchain
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Donald Trump is pushing a family-run crypto project as he positions himself as a pro-crypto candidate ahead of the November election. Plus, Steno Research says DeFi summer is making a come back, and Sony is starting its own blockchain.
