CoinDesk

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3110.62, up 0.8% (+24.19) since 4 p.m. ET on Monday. Seventeen of 20 assets are trading higher. Leaders: UNI (+3.8%) and AAVE (+2.5%). Laggards: APT (-0.9%) and XRP (-0.1%). … Read more

ReserveOne, a newly launched digital asset management firm is going public through a $1 billion business combination with M3-Brigade Acquisition V Corp. (MBAV), the companies announced Tuesday. The deal includes $297.7 million in SPAC trust capital and $750 million in PIPE commitments from crypto industry heavyweights including Galaxy Digital, Kraken, Pantera Capital, Blockchain.com, and CC … Read more

The yield on the superlong Japanese debt has surged significantly since Friday, warning of volatility in bond markets across advanced nations. This situation typically leads to financial tightening and zaps investors’ risk appetite. The yield on the Japanese 30-year government bond (JGB) has surged over 30 basis points (bps), topping the 3% mark for the … Read more

BNB (BNB) moved in a narrow $5.73 band between $656.83 and $662.61 during the last 24-hour stretch, as traders navigated a mix of global macro developments and ongoing regulatory scrutiny tied to Binance, the exchange associated with the token. Volatility in BNB clocked in at just 0.87%, reflecting a wider sense of caution across risk … Read more

Benchmark’s Mark Palmer initiated coverage of Semler Scientific (SMLR) with a buy rating and a $101 price target, citing the company’s dramatic pivot from medical diagnostics to bitcoin (BTC) accumulation as a key value driver. Semler, which spent over 15 years focused on chronic disease detection, adopted bitcoin as its primary treasury reserve asset in … Read more

Tether, the company behind the world’s largest stablecoin USDT (USDT), has made a strategic investment in blockchain analytics firm Crystal Intelligence to increase efforts to root out crypto-related crime with its token. The investment gives Tether direct access to Crystal’s suite of tools for real-time risk monitoring, fraud detection and regulatory intelligence, bolstering the company’s … Read more

BONK continued its explosive run, climbing 11% over the 24 hours ending July 8 with trading volume surpassing $1 billion. After plunging to $0.000021124, BONK staged a dramatic recovery and closed at $0.000022868. As of the latest reading, the token trades at $0.0000228, slightly off highs but firmly within bullish territory. A consolidation zone formed … Read more

By Omkar Godbole (All times ET unless indicated otherwise) The one thing bitcoin (BTC) bulls constantly discuss is liquidity easing through Fed interest-rate cuts and the possibility of rates falling back to zero, just as in 2020-21. Back then, the zero rate triggered an unprecedented bull run throughout the financial markets, including low-cap altcoins. Now, … Read more

Hong Kong’s stablecoin licensing regime, set to begin on August 1, is drawing significant interest from the region’s financial and tech heavyweights, with local media in China reporting that over 40 applications have been received. But expectations are being tempered by the reality that the Hong Kong Monetary Authority (HKMA) is likely to approve only … Read more

Metaplanet (3350) is eyeing up “phase two” of its bitcoin treasury strategy, the Financial Times reported on Tuesday, citing an interview with CEO Simon Gerovich. Metaplanet, which has the largest corporate bitcoin stash outside of North America, will use BTC as collateral to finance acquisitions of cash-generating businesses, Gerovich said. The Japanese hotel company turned … Read more

Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). Strategy (MSTR) now holds almost $65 billion in bitcoin (BTC), which makes it the 11th largest corporate treasury holder of bitcoin in the U.S. In its investor presentation for the new STRD at-the-market equity program, Strategy compares itself to companies that hold cash … Read more

BlackRock’s iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin (BTC), according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark, and iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap U.S. … Read more

Crypto asset manager DigitalX (DCC) has locked in 20.7 million australian dollar ($13.5 million) from heavyweight crypto investors to deepen its focus on bitcoin (BTC). The placement attracted funding from Animoca Brands, UTXO Management and ParaFi Capital, alongside individual contributions from executives in the crypto space. One of those participants is Simon Gerovich, President and … Read more

Futures tied to XRP XRP are flashing positive signals as the payments-focused cryptocurrency looks to build bullish momentum. On Monday, cumulative open interest in XRP perpetual futures listed on major exchanges briefly rose to 800 million XRP, the most since Jan. 19, according to data source Velo. The platform tracks activity in USDT and USD … Read more

Over the weekend, Bonk.fun overtook Pump.fun, the popular Solana token issuer, to become the leading launchpad in the market, claiming over 55% market share. This milestone is bumping up demand for BONK, the Solana-based token at the center of its ecosystem. New data show that Bonk.fun has facilitated over $540 million in volume across 175,000 … Read more

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Shares in cryptocurrency exchange Coinbase recently rose to $380, reclaiming valuations last seen on its Nasdaq debut on April 15, 2021, according to data source TradingView. The round trip, encompassing a recovery from the 2022 low of $31.55, has triggered … Read more

Dogecoin has stabilized near $0.17 after a 4.6% decline, with strong support forming at the $0.166–$0.167 zone. Despite recent weakness, the surge in large wallet accumulation and easing macro headwinds point to potential bullish continuation if price can break through technical resistance zones at $0.18, $0.21, and $0.36. News Background The cryptocurrency market is navigating … Read more

The Trump crypto conference tour continues, with Eric Trump confirmed to speak at BTC Asia conference in Hong Kong in August. Hong Kong is pushing through a variety of pro-crypto legislation through its local assembly, known as LegCo. The city had its own stablecoin legislation before the U.S. passed the GENIUS Act. Trump, speaking earlier … Read more

Bitcoin (BTC) posted its highest-ever weekly close at nearly $110,000 on Sunday, defying a week marked by potential headwinds, including dormant whale wallets moving $8 billion in BTC, renewed tariff drama, and thin holiday liquidity. By Tuesday, the asset was holding steady just under $108,000 after a brief sell-off on Monday night. Major crypto assets … Read more

XRP posted a 4.5% surge between July 7 and 8, peaking at $2.35 before stabilizing near $2.26. The rally was driven by higher-than-usual trading volume, with over 182 million XRP changing hands during peak hours. Despite broader market hesitation, the token is showing signs of sustained strength, forming solid support zones that suggest continuation potential … Read more

Bitcoin BTC traders are increasingly chasing higher-level call options on Deribit, signaling that they are preparing for renewed bullish price volatility. “Vols remain pinned near historical lows, but a decisive breach of the $110k resistance could spark a renewed volatility bid. Some larger players appear to be positioning for just that,” Singapore-based QCP Capital said … Read more

The Dubai Financial Services Authority (DFSA) granted regulatory approval to QCD Money Market Fund (QCDT), making it the first tokenized money-market fund with an official set-up in the Dubai International Financial Centre (DIFC), according to Qatar National Bank (QNBK), while DMZ Finance, the companies behind the fund. The fund’s investment strategy and asset origination is … 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. Fund manager Jeff Dyment of Saphira Group wants you to zoom … Read more

Murano Global Investments, a Nasdaq-listed real estate firm that owns hotels across Mexico, said it’s building a bitcoin BTC treasury strategy and mulls ways to integrate the largest cryptocurrency into its operations. The $800 million market cap company slipped a bit more than 1% in trading Monday after announcing the news. The firm has entered … Read more

Solana (SOL) declined 1.45% over the past 24 hours, falling from $151.41 to $149.21 between July 6 at 19:00 UTC and July 7 at 18:00 UTC, according to CoinDesk Research’s technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is down 0.56% during the past 24-hour … Read more

A Nigeria-based scammer posing as Steve Witkoff, a long-time ally of U.S. President Donald Trump and co-chair of the Trump-Vance Inaugural Committee, stole approximately $250,000 in crypto from a would-be political donor, according to a recent press announcement from the U.S. Attorney’s Office for the District of Columbia. According to court documents, the scammer created … Read more

CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to traditional data center peers, according to investment bank KBW. Core Scientific shares were 18% lower, trading around $14.75 at publication time. CoreWeave stock was down … Read more

Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its infrastructure across five continents. The Singapore-based miner’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2% month over month. This includes 3.8 EH/s from BitFuFu’s own operations and 32.4 … Read more

CleanSpark (CLSK) reached the 50 EH/s milestone in June, expanding operations across four U.S. states and improving average fleet efficiency to 16.15 joules per terahash (J/Th). The Las Vegas-based firm produced 685 BTC last month, bringing its year-to-date output to 3,968 BTC. All coins were self-mined, and total bitcoin holdings reached 12,608, ranking the company … Read more

Tornado Cash’s price rose just under 5% Monday after news circulated on X that a U.S. appeals court had green-lit the end of a lawsuit against the Treasury Department. The Eleventh Circuit Court of Appeals ruled on July 3 that the lawsuit, brought by crypto interest group Coin Center against the Treasury Department and various … Read more