CoinDesk

Crypto prices extended their rally on Thursday, with Ether and Dogecoin leading the charge, as a combination of supportive risk sentiment and growing political momentum around digital asset legislation helped push markets higher. Bitcoin hovered near its all-time high at $112,000, while Ether surged past $2,780, up nearly 7% over 24 hours. Dogecoin jumped 6%, … Read more

A sharp rally in crypto majors over the past 12 hours triggered the largest wave of liquidations since May, wiping out more than $460 million in short positions. Bitcoin (BTC) surged past $111,000, ether (ETH) jumped nearly 7% to above $2,700, and Solana’s SOL climbed above $158, catching traders betting against the move completely offside. … Read more

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. Nvidia’s ascent to a historic $4 trillion market cap, the first-ever … Read more

As the U.S. House of Representatives digs into digital assets policy during what lawmakers have styled “Crypto Week” next week, the committee that focuses on tax policy will discuss the proper way forward for taxing crypto. The chairman of the House Ways and Means Committee, Representative Jason Smith, announced a July 16 hearing of the … Read more

Bitcoin (BTC) broke out of its recent very tight trading range during U.S. Wednesday afternoon hours, threatening to topple its May record of $112,000. The move came amid a broader crypto rally that also saw Ethereum’s ether (ETH) surge 6% to $2,760, its highest level in a month. Bitcoin itself was ahead 2.4% at $111,400 … Read more

Revolut, Europe’s most valuable start-up, is in talks to raise $1 billion in fresh capital at a $65 billion valuation, according to the Financial Times. The funding would mark a significant step in the fintech group’s global expansion strategy and represents a 44% increase over its last known valuation of $45 billion from a secondary … Read more

Bitcoin’s price saw a modest 2.55% increase in June, failing to surpass its May peak of $112,000. The cryptocurrency continues to trade within a narrow range, reflecting a period of consolidation, according to ARK Invest’s latest Bitcoin Monthly report. A significant development highlighted in the report is the rise in long-term holders (LTHs), who now … Read more

FLOKI FLOKI traded in a wide $0.00005422 range over the past 24 hours, swinging from a high of $0.00009435 to a low of $0.00008913 before settling at $0.00008946, down 1.87%, according to CoinDesk Research’s technical analysis model. The token’s volatile session was marked by a sharp 4% rally during the U.S. morning hours, followed by … Read more

Greek authorities have carried out the country’s first cryptocurrency seizure, blocking access to funds lifted from February’s record $1.5 billion Bybit hack linked to North Korea’s Lazarus Group. The Hellenic Anti‑Money Laundering Authority traced a suspicious transaction to a wallet that on‑chain data tied to the initial theft. That wallet, according to Greece’s Minister of Economy … Read more

Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin (BTC) and ether (ETH) in ETF markets. The Solana REX-Osprey SOL + Staking ETF (SSK), which launched July 2, has already attracted over … Read more

Monad Foundation, the organization behind high-speed layer-1 blockchain Monad, is acquiring stablecoin infrastructure platform Portal Labs in an effort to scale up blockchain-based payments. Monad said the acquisition will accelerate its push into the stablecoin space and improve tools available for developers and fintechs building with digital dollars. Monad is a layer-1 blockchain compatible with … Read more

Bitcoin Cash (BCH) traded in a relatively narrow range over the past 24 hours, closing at $505.96 as of 17:13 UTC on July 9, up 0.43%, according to CoinDesk Research’s technical analysis model. After opening at $503.82, BCH fluctuated between an intraday low of $497.85 and a high of $509.48, maintaining a firm position above … Read more

Circle, the U.S.-listed stablecoin issuer, has quietly arranged a revenue sharing agreement with Bybit, the world’s second-largest cryptocurrency exchange, according to two people with knowledge of the arrangement. Circle, which is sandwiched in competition between larger rival Tether and a growing crop of new stablecoins, shares 50% of the yield from reserves backing its U.S. … Read more

Bitcoin surged to $109,343 on July 9, up 0.8% over the prior 24 hours, according to CoinDesk Research’s technical analysis model. In a Truth Social post at 10:00 a.m. ET, Trump declared that the U.S. federal funds rate is “at least 3 points too high,” referring to a 300 basis point (3%) cut. He argued … Read more

Filecoin (FIL) posted solid gains during the last 24 hours, rising as much as 4%, a move that reflects heightened institutional interest, according to CoinDesk Research’s technical analysis model. FIL showed heavy trading volume during the period, with transactions reaching 2.65 million tokens, significantly exceeding the usual 24-hour average of 1.89 million, the model showed. … Read more

Cronos (CRO), the native token of the Crypto.com blockchain, surged nearly 18% to $0.095 Wednesday following news that it could be included in a new exchange-traded fund (ETF) backed by Trump Media & Technology Group. The proposed ETF, which is awaiting approval from the U.S. Securities and Exchange Commission, would track a basket of five … Read more

BNB Chain’s native token, BNB, is pushing higher as technical upgrades and fresh use cases draw investors into the network. The token climbed about 0.6% over the last 24 hours, riding a wave of heavy trading volumes and optimism tied to plans for tokenized stock offerings. Late last month, BNB Chain launched its so-called Maxwell … Read more

Crypto industry insiders including Ripple CEO Brad Garlinghouse outlined their hopes for how the Senate might seek to regulate digital assets markets in the U.S., while Senator Elizabeth Warren shared some of the top Democrat objections during a Wednesday hearing. “For the last decade, the legal and regulatory uncertainty surrounding crypto has prohibited meaningful progress … Read more

NEAR Protocol posts 5% gains in the 24-hour period ending 9 July 15:00, closing at $2.27 despite heavy volatility. The rally coincides with Grayscale’s quarterly rebalancing, positioning NEAR at 28.41% of its Decentralized AI Fund. The move comes amid renewed optimism across the altcoin sector, with analysts calling for a long-awaited “altcoin season,” which would … Read more

The cracks in DAO governance are beginning to show. In the span of a few weeks, two high-profile players—Solana-based exchange Jupiter and NFT conglomerate Yuga Labs—abandoned their DAO structures, issuing blunt statements about dysfunction and disillusionment. Jupiter cited a “breakdown in trust,” while Yuga CEO Greg Solano called Apecoin DAO “sluggish, noisy and often unserious … Read more

ATOM-USD sustained its robust recovery path during the final 60 minutes from 9 July 14:27 to 15:26, climbing from $4.22 to $4.21 despite opening volatility that witnessed the cryptocurrency test support near $4.18 around 14:30-14:45 before establishing a sustained upward movement. The period showcased classic technical advancement with ATOM securing strong support around the $4.18 … Read more

Dubai-based Emirates Airline unveiled plans to introduce cryptocurrency payments for its customers as part of a preliminary deal with digital asset exchange Crypto.com, the companies said Wednesday. The parties signed a Memorandum of Understanding (MoU) to explore integrating Crypto.com Pay into Emirates’ payment systems, with plans to roll out the feature sometime next year. If … Read more

Stellar Lumens (XLM) surged over a 24-hour period into Wednesday, reaching a high of $0.293 before closing at $0.2896, driven by institutional accumulation and renewed confidence in the network’s underlying architecture. The price action followed a significant update to Stellar’s core software, adding to momentum in a high-volume environment. On July 7, the Stellar Development … Read more

Artificial intelligence is transforming the technology landscape, and it’s not just traditional players like Nvidia and Google that are shaping the future. A new, decentralized movement is emerging — one that merges AI and blockchain to create open, scalable and trustless infrastructure. As AI systems demand increasingly powerful compute and reliable data systems, crypto-native platforms … Read more

The journey of cryptocurrency trading constantly evolves and has been nothing short of revolutionary. Right from the start, the cryptocurrency landscape has been referred to as the “wild west” due to its nature of decentralisation and minimal oversight. However, now the space consists of increasingly sophisticated and regulated financial products and the transformation has been … Read more

Internet Computer (ICP) advanced 2.98% over the past 24 hours to trade at $4.9487, breaking past the critical $4.90 resistance and forming a base for further upside toward the key psychological $5.00 level. The rally reflects not only strong technical momentum but also growing traction in the protocol’s ecosystem – particularly in Bitcoin-integrated DeFi. The … Read more

Decentralized perpetual exchange GMX has been exploited with over $42 million worth of crypto being stolen, according to blockchain security firm PeckShield. So far, $9.6 million worth of the funds have been bridged over to the Ethereum blockchain, which has become a natural path for hackers who then launder funds through token mixing protocol Tornado … Read more

Pump.fun, the Solana-based meme coin platform that lets anyone create and trade tokens, is launching its token, PUMP, via an Initial Coin Offering (ICO) on Saturday, July 12. The company said PUMP is the “official native token” of the pump.fun protocol and is part of a broader effort to build a decentralized alternative to Facebook, … Read more

Popular meme-inspired cryptocurrency PEPE (PEPE) rose roughly 3% in the last 24-hour period amid heavy trading volumes. The token’s price oscillated in a narrow band between $0.0000099035 and $0.0000102814 over the period, rising to recently 0.00001043. While that range may be modest, traders shifted 5.64 trillion tokens during the busiest hour, hinting at strong interest … Read more