Bitcoin traded at $111,569 on Sept. 3, holding near resistance with a market cap of $2.22 trillion, 24-hour volume of $46.41 billion, and an intraday range between $108,538 and $111,653. Bitcoin On the daily bitcoin chart, price action shows a sharp drop from roughly $124,000 to about $107,000, followed by a rebound that constitutes a
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Solana Set for Major Overhaul After 98% Votes to Approve Historic ‘Alpenglow’ Upgrade Ethereum Foundation to Unload Another 10K ETH Following SharpLink Deal ‘OP_CAT Isn’t My Invention. It’s Satoshi’s,’
Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target. Despite a belief that Bullish’s lower fee structure could help it chip away at Coinbase’s (COIN) U.S. market share in the future, the analyst Ed
The World Gold Council may develop a digital form of gold to overhaul London’s $900 billion physical market for the yellow metal, the Financial Times (FT) reported on Wednesday. Each unit of digital gold, or “pooled gold interests” (PGIs), would allow investors to buy a form of fractional ownership in gold bullion. The product will
Trusted Smart Chain (TSC) has officially launched its main net, marking a pivotal step forward for Real World Assets (RWA) in the blockchain and digital currency space. As the RWA sector gains momentum as one of the most promising frontiers in crypto, TSC positions itself as a dedicated infrastructure provider—built to connect the reliability of
American Bitcoin (ABTC), a newly public bitcoin mining and treasury firm backed by Donald Trump Jr. and Eric Trump, opened for trade Wednesday morning after completing its merger with Gryphon Digital Mining (GRYP). Wasting little time, the company filed for an at-the-market equity raise of up to $2.1 billion with which to continue building its
AlphaTON Capital, a Nasdaq-listed company newly rebranded from Portage Biotch (PRTG), said it will purchase about $100 million worth of toncoin TON$3.1824 to build a digital asset treasury firm offering exposure to the token. The firm will operate under the ticker “ATON” starting Sept. 4. It plans on managing TON network infrastructure and incubating applications