Enterprises Need DePIN More Than DePIN Needs Enterprises
With the exception of the institutional asset RWA theme, most Web3 segments struggle to convince enterprises to hop on board. DePIN is the next most logical beachhead where enterprises will be clamoring to get involved with digital assets, says Outlier Ventures’ John Goldschmidt.
Celestia’s TIA Braces for Price Volatility Amid $900M Token Unlock
Token unlocking events usually weigh on prices, but multi-month reaccumulation, crowded shorts and bullish crypto prices could lead to a surprise rally, crypto analyst Will Clemente said.
Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance
The Crypto Council for Innovation (CCI) is taking in the Proof of Stake Alliance (POSA) as regulators worldwide increase their attention to stakings’ role in digital assets, where hundreds of billions of dollars are on the line.
Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?
The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.
Bitcoin ETFs Record $870M Inflows as BTC Flirts With Lifetime Highs
BlackRock’s IBIT recorded over $629 million in single-day inflows as the asset neared lifetime highs on Tuesday, ahead of next week’s U.S. elections.
First Mover Americas: Bitcoin Little Changed After Teasing All-Time High
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Approaches All-Time Highs as Daily OTC Desk Inflows Drop to Year’s Lows: CryptoQuant
Over-the-counter desks hold 416,000 bitcoin ($30 billion), a level that has remained stagnant for the past month.
Privacy Blockchain Project Nillion Raises $25M to Expand ‘Blind Computing’
Nillion builds its service around the concept of “blind computing,” the processing of data without having to reveal its contents.
Crypto-Backed Cloud-Storage Platform Storj Promotes Colby Winegar to CEO
Winegar previously served as the company’s chief revenue office for a number of years.
Chainlink Unveils ‘Chainlink Runtime Environment,’ Aiming for Better Blockchain Workflows
Chainlink hopes CRE will be as important for Web3 as COBOL and JavaScript, which were important for automating finance and bringing it to the internet.