CoinDesk

?? Catch the latest episode of 'BITCOIN SEASON 2,’ in partnership with Blockspace Media! BITCOIN SEASON 2: Gamestop pulls a Microstrategy GameStop is raising $1.3 billion in convertible notes to potentially buy Bitcoin. With Gamestops revenue dropping from $8.5B to $3.8B over eight years, is Ryan Cohen’s Michael Saylor play a smart pivot or just vibe investing? Notes: - GameStop announces $1.3B convertible note offering - Revenue declined from $8.5B to $3.8B in 8 years - Company has $4.76B cash on balance sheet - Cash position largely from 2021 meme stock frenzy - Zero debt after paying off all loans - Saylor posted photo with Ryan Cohen: "Team Bitcoin" Timestamps: 00:00 Start 00:34 Trump video 03:09 Reaction 06:53 Tether buying treasuries 11:08 Other stablecoins 17:35 Arch Network 18:05 The Tether Eye of Sauron 20:10 Who's using stablecoins 22:18 Where are stablecoins traded? 26:31 Volume of all crypto transactions compared 32:33 A realistic view ??YouTube: https://lnkd.in/g8FwwWq8 ?? Apple: https://lnkd.in/ed2BqQzg ?? RSS: https://lnkd.in/eY7dKHS8

“Can we talk a little bit about CoreWeave? At this point, I’m hearing a lot of stories on the negative side of the ledger.” ?? Catch the latest episode of 'THE MINING POD,’ in partnership with Blockspace Media! ?? Spotify: https://lnkd.in/eeAEvKR2 ?? Apple: https://lnkd.in/ed2BqQzg ?? Watch: https://lnkd.in/efSVXUsb

?? Trust Wallet has officially surpassed 200 million downloads, marking a pivotal moment in the crypto space! ?? In a recent article, CEO Eowyn Chen discusses how Trust Wallet's commitment to user experience, security, and innovation continues to drive its success. Learn about Trust Wallet’s evolution into a key Web3 gateway, its exciting developments on the horizon, and how it empowers users to navigate the decentralized economy with confidence. ?? Explore the full article: https://lnkd.in/efSsmxdv [Sponsored by Trust Wallet]

?? Catch the latest episode of 'THE MINING POD,’ in partnership with Blockspace Media! THE MINING POD: CoreWeave's $23B IPO, Crusoe Ditches Bitcoin Mining, and Riot's Bid For Rockdale Assets Welcome to The Mining Pod! This week, we dive into Bitcoin's difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63. We analyze Core Weave's IPO reduction from $4B to $1.5B amid market skepticism. Plus, breaking news on Crusoe's mining operations exit to NYDIG, Riot's $185M offer for Rhodium's Rockdale assets, and the hilarious irony of anti-ordinals Ocean Mining processing Taproot Wizards transactions. Join us for expert analysis on the evolving mining and AI compute landscapes. # Notes: - Difficulty adjustment estimated at 5.6% - Hash prices at $48.63 per hash per day - Network hash rate approaching 850 EH/s - Core Weave IPO reduced to $1.5B from $4B - Riot offering $185M for Rhodium assets - Crusoe selling all mining operations to NYDIG ?? Watch: https://lnkd.in/efSVXUsb ?? Spotify: https://lnkd.in/eeAEvKR2 ?? Apple: https://lnkd.in/ed2BqQzg

?? Digital tokens will help entrepreneurs cheaply unlock global money. Michael Saylor explains how this new asset class will work. Full episode here: https://lnkd.in/ezgpHfGA in case you missed it. Thank you Uniswap Labs, sponsor of CoinDesk New Media Network ??

There's a few ways Michael Saylor's financial wizardry could come back to bite MSTR holders, though risks are still far off.

The CoinDesk 20 is currently trading at 2616.04, down 4.5% (-123.93) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-2.5%) and BCH (-3.6%). Laggards: POL (-8.3%) and SUI (-8.3%). #InstitutionalInvesting #MarketInsights #AssetManagement #GlobalMarkets #DigitalAssets

Galaxy Digital has reached a $200M settlement with NY over the Luna collapse. Looking forward, the company has also inked a 15-year lease agreement with freshly IPO'd CoreWeave.

One cold February morning in 2014, Kolin Burges stood outside Mt. Gox's Tokyo office, clutching a handwritten cardboard sign and demanding answers from the bitcoin exchange's CEO, Mark Karpeles, about his missing tokens. Days later, the exchange filed for bankruptcy in the first major financial scandal for the crypto industry. Now the iconic sign is up for sale.

Gold-backed tokens rose to a record $1.4B market value, hitting yearly high trading volumes amid the yellow metal's historic price rally above $3,000, CoinDesk Data's March report.