Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction …

The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY. Source: https://www.coindesk.com/consensus-magazine/2024/03/15/blockchains-will-upend-economies-of-scale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain. Source: https://www.coindesk.com/tech/2024/03/15/cosmos-based-canto-blockchain-unveils-cyclone-stack-in-runup-to-polygon-move/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bank raised its price target for the crypto exchange to $150 from $95. Source: https://www.coindesk.com/business/2024/03/15/ether-could-be-a-meaningful-earnings-driver-for-coinbase-jpmorgan-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%. Source: https://www.coindesk.com/markets/2024/03/15/bitcoin-trader-sees-prices-slumping-to-60k-as-crypto-bulls-see-650m-in-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Labs now has a disclaimer on its website describing it as “an independent venture and not part of the Binance Group.” Source: https://www.coindesk.com/business/2024/03/15/binance-spun-off-venture-capital-arm-earlier-this-year-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards. Source: https://www.coindesk.com/markets/2024/03/15/bitcoin-layer-2-project-bvm-gains-traction-with-promise-of-juicy-airdrops/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said. Source: …

The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80. Source: https://www.coindesk.com/markets/2024/03/15/bitcoins-correlation-to-nvidia-strongest-in-over-a-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines