The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin (BTC) holdings to 1,904 BTC. This strategic expansion results from a series of capital operations, including an “ATM-type” capital increase and a convertible bond issuance, both completed in early July 2025. The company … Read more
One ultra-leveraged Hyperliquid trader has been liquidated five times over the weekend and has lost nearly $3.7 million in the past week with aggressive bitcoin (BTC) and ether (ETH) shorts, according to on-chain data. Qwatio, a heavily leveraged Hyperliquid trader in the style of James Wynn, has been opening short positions on BTC and ETH … Read more
Japan-based Metaplanet has acquired an additional 2,205 bitcoin (BTC) as part of its ongoing Bitcoin Treasury strategy, bringing its total holdings to 15,555 BTC per a new disclosure on Monday. The latest purchase was made at an average price of 15.64 million yen per bitcoin, totaling approximately 34.49 billion yen ($213 million). That pushes Metaplanet’s … Read more
XRP is showing signs of accumulation, breaking above the critical $2.28 resistance zone on surging volume. From 6 July 03:00 to 7 July 02:00, the token gained 2.36%, moving from $2.21 to $2.26 with peak hourly trading volume exceeding 67 million. Ripple’s bank charter news is reinforcing a bullish technical setup, as buyers consistently defend … Read more
Dogecoin rallied more than 5% in the last 24 hours, climbing from $0.163 to $0.171, as Elon Musk’s launch of the America Party fueled optimism around a more crypto-aligned political future. The breakout was backed by over 1.1 billion in trading volume, establishing strong support at $0.166. Whale wallets accumulated aggressively during the move, even … Read more
Dogecoin (DOGE) surged over 6% in the past 24 hours to lead gains among major cryptocurrencies, as bitcoin (BTC) bounced toward the $110,000 mark on renewed rate-cut hopes and easing fears around looming U.S. tariffs. The rally came after U.S. officials clarified that President Trump’s long-anticipated tariff hikes would not go into effect immediately, giving … Read more
United Arab Emirates (UAE) authorities have sharply rebuffed reports of individuals being able to acquire UAE’s Golden Visa by staking Toncoin (TON). The Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority (SCA), and Dubai’s crypto regulator Virtual Assets Regulatory Authority (VARA), issued a statement on Monday denying any such … Read more
Elon Musk’s ‘America Party’, a pro-tech centrist party the Tesla and SpaceX founder plans to form after his split from President Donald Trump, would embrace bitcoin (BTC) Musk said on X. Musk has been a long supporter of cryptocurrencies, with SpaceX and Tesla both holding BTC in their corporate treasuries. The America Party formed out … 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. As Asia begins a new trading week, bitcoin (BTC) is changing … Read more
On July 6, Max Crown, CEO of the TON Foundation, announced on X a groundbreaking initiative offering Toncoin (TON) holders the exclusive chance to secure a 10-year UAE Golden Visa. The program requires applicants to stake $100,000 worth of toncoin for three years and pay a one-time processing fee of $35,000. After the three-year lock-up … Read more
Major cryptocurrencies rose Sunday morning as the U.S. Treasury Secretary Scott Bessent hinted at upcoming trade deals before the July 9 Liberation Day tariff deadline. Bitcoin, the leading cryptocurrency by market value, gained over 1%, briefly topping $109,000. Payments-focused XRP and Solana’s SOL token gained over 2% each, with meme token dogecoin (DOGE) rising 3%, … Read more
The Bitcoin blockchain lacks meaningful on-chain activity, even as its native token, bitcoin BTC, trades near a record per-unit price. That’s according to mempool – a holding area for unconfirmed blockchain transactions waiting to be included in a block by miners. On Satuday, the mempool had just 5,000 odd transactions awaiting inclusion, with the tally … Read more
“Wall Street is coming for bitcoin.” That phrase used to spark both hope and fear across crypto circles. Today, it’s no longer a future threat or a bullish promise—it’s just reality. The original premise of bitcoin (or crypto in general)—an asset that is censorship-resistant and doesn’t answer to any traditional financial institution or government—is fading … Read more
At the time of writing, Ether (ETH) is trading at around $2,505, up 0.56% in the past 24-hours, according to CoinDesk Research’s technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is up 0.34% during the same period. SharpLink Gaming, Inc. (SBET) is a pioneering online … Read more
Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency. The Monetary Authority of Singapore (MAS) announced that Credit Suisse’s local unit, now part of UBS, faced the biggest … Read more
Bitcoin Cash (BCH) traded at $482.54 on July 5, down 0.23% over the past 24 hours, following a broader retreat from its recent multi-month high, according to CoinDesk Research’s technical analysis model. As for the broader crypto sector as gauged by the CoinDesk20 Index (CD20), it is up 0.27% during the same period. On July … Read more
U.S. exceptionalism, the notion that the U.S. economy and its financial markets are distinct compared to those of other nations, remains alive and well, at least according to the equity markets. Since the early April slide, Wall Street’s tech-heavy Nasdaq index has surged 31%, while the broader S&P 500 index has rallied 24%, according to … Read more
Drake’s latest track, “What Did I Miss,” features lyrics about betrayal, luxury, and bitcoin. The rapper compares fickle friends to the cryptocurrency’s rollercoaster price moves, saying he looked at it “like a BTC”: “Could be down this week, then I’m up next week.” It’s not the first time bitcoin has appeared in Drake’s orbit. In … Read more
FLOKI FLOKI traded near $0.00007417 on July 5, up 1.32% over the past 24 hours, according to CoinDesk Research’s technical analysis model. As for the broader memecoin sector as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period. Although FLOKI is often categorized as a meme coin, its ecosystem has … Read more
Dogwifhat (WIF) continues to draw attention amid volatile market conditions, with the token consolidating around $0.8319 after dipping 1.17% over the past 24 hours, according to CoinDesk Research’s technical analysis model. As for the greater memecoin section as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period. Price action formed … Read more
Bets on a U.S. recession in 2025 have dropped sharply, with odds on crypto prediction platform Polymarket sinking to 22% this week, the lowest level since late February. Recession fears ballooned earlier this year when the Atlanta Federal Reserve’s GDPNow indicator predicted a 1.5% contraction for the first quarter of the year, while the actual … Read more
Stablecoins are growing fast. Most of the $255 billion sector is currently concentrated in U.S. dollar-backed tokens, which account for $241 billion of that total, according to RWA.xyz data. Former European Central Bank board member and chair of Société Générale, Lorenzo Bini Smaghi, has said that the imbalance could sideline Europe in the next phase … Read more
Movements of bitcoin cash (BCH) took place amid the mysterious transfers of $8.5 billion worth of ‘Satoshi-era’ bitcoin late Friday. Conor Grogan, a director at Coinbase, flagged a suspicious BCH transaction of over 10,000 tokens (worth nearly $5 million at current prices) tied to one of the whale wallets hours before the main transfers began. … Read more
Dogecoin stabilized Saturday after a steep intraday decline, bouncing off a low of 16.1 cents and closing near 16.3 cents. The 5% drop came amid broader market volatility driven by macroeconomic concerns and shifting investor sentiment. Despite the downturn, DOGE showed signs of strength, with volume at support levels well above average, suggesting possible accumulation … Read more
XRP showed signs of consolidation over the past 24 hours as the cryptocurrency pulled back slightly from recent highs, shedding 1.07% amid ongoing global economic uncertainty. Despite the dip, price action remains constructive with higher lows forming above $2.20 — a level that has emerged as key short-term support. While macro headwinds continue to pressure … Read more
More than $8 billion worth of bitcoin mined during the network’s earliest days — colloquially known as the “Satoshi era” — were moved Friday in the largest such transfer on record. Two wallets that had remained dormant for over 14 years each transferred 10,000 BTC to new addresses around early Friday, as CoinDesk reported. The … Read more
AI-focused NEAR token slumped by 5% on Friday despite the launch of Bitwise’s NEAR exchange-traded product (ETP). The sell-off comes during a muted day for cryptocurrencies with bitcoin also falling back from its test of a new record high. The launch of Bitwise’s NEAR Staking ETP marks a significant milestone for institutional adoption of the … Read more
The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) focused on simple, everyday payments, according to a new research paper. The central bank’s research team examined OpenCBDC 2PC, a model developed in collaboration … Read more
Solana-based memecoin BONK dropped back after jumping in excess of 20% earlier this week, but remains in bullish mode amid increased trader activity. BONK surged 21% in a 24-hour period into Thursday and positioned itself as the strongest performer among major cryptocurrencies. It was recently trading at $0.00001673, a 1.68% gain, with price action ranging … Read more
A group of hackers that gained unauthorized access to the Central Bank of Brazil’s service provider has started laundering a portion of its $140 million haul using cryptocurrencies, according to On-chain analyst ZachXBT. The researcher revealed on Friday that between $30 million and $40 million of the stolen funds was converted to bitcoin BTC, ether … Read more