Crypto markets saw over $1 billion in leveraged positions wiped out in the past 24 hours after hotter-than-expected U.S. Producer Price Index (PPI) data fueled fears of persistent inflation and delayed Federal Reserve rate-cut expectations. The sell-off came hours after bitcoin hit a fresh all-time high above $123,500, with traders unwinding risk across the board. … Read more
XRP fell sharply in the last 24 hours as large-scale liquidations swept through the market, pushing the token to its lowest levels in over a week before signs of stabilization emerged. The move saw over $1 billion in market-wide liquidations and record intraday selling volume, testing critical institutional support near $3.05. Despite the drop, late-session … Read more
Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.
Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD, have merged to establish a new Bitcoin treasury company.
A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle.
Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.
Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, with signs of a maturing industry.
The commission has exercised its final procedural extension for Solana ETF applications, citing the need for additional time to review.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Hong Kong begins its trading day, ETH is changing hands … Read more
Crypto faces near-term headwinds from hot inflation data, but some say global liquidity trends could set up a year-end rally.
US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets.
Epic Games is looking into a Fortnite login issue that’s “preventing players from getting in reliably,” according to a 6:39PM ET post on the company’s status website. I currently can’t get into the game on my Nintendo Switch 2; when I try, the game shows a message that says “unable to sign in to your … Read more
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Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.
In cryptocurrency’s timeline, Dogecoin’s climb remains one of the most iconic. Born in 2013 as a tongue-in-cheek token near $0.001, DOGE evolved into a global phenomenon fueled by retail traders, meme culture, and high-profile endorsements. Now, with Dogecoin inching toward the $1 threshold, investors are scanning for the next breakout meme coin, one that offers … Read more
Jarett Dunn pleaded guilty to fraud by abuse of position and transfer of criminal property for an attack on his former employer, Pump.fun.
Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.
Search.com promises ad-free browsing, cashback for users, and revenue-sharing with publishers.