Crypto lender Nexo signed a three-year sponsorship with DP World Tour, Europe’s foremost golf competition, for more than $10 million in a deal that see will the company become the tour’s official digital asset and wealth partner through 2027. A spokesperson for the company declined to give a specific value to the deal, saying only … Read more
Publicly traded companies are rapidly building bitcoin (BTC) reserves, buying more of the largest cryptocurrency than U.S. exchange-traded-funds (ETF) for the third straight quarter, according to CNBC. Corporations increased their bitcoin holdings by about 18% in the three months ended June 30, adding roughly 131,000 BTC. The ETF holdings grew 8%, or around 111,000 BTC, … Read more
A joint venture between Deutsche Bank’s (DBK) asset management subsidiary DWS, Flow Traders and Galaxy (GLXY) said it will issue Germany’s first regulated, euro-denominated stablecoin after receiving an e-money institution (EMI) license from the Federal Financial Supervisory Authority (BaFin) this week. The AllUnity EURAU stablecoin, which will comply with Europe’s Markets in Crypto Assets (MiCA) … Read more
Dogecoin (DOGE), the world’s largest meme cryptocurrency by market value, has regained some poise, having formed a bullish double bottom pattern during the overnight trade. DOGE has gained over 2% to over 16 cents since early Asian hours, reversing part of Monday’s slide from 16.63 cents to 15.67 cents, according to data source CoinDesk. Per … Read more
The premium in bitcoin (BTC) futures listed on the global derivatives giant Chicago Mercantile Exchange (CME) has narrowed sharply, a sign of reduced institutional appetite. The annualized premium in rolling three-month futures has dropped to 4.3%, the lowest since October 2023, according to data tracked by 10x Research. That’s down significantly from highs above 10% … Read more
The U.S. Department of Justice is sending a message with its recent effort to seize $225 million in crypto tied to pig butchering scams: these funds were stolen from victims. At least, that’s the takeaway from Phil Selden, a member at Cole Schotz PC and former acting US Attorney for the District of Maryland. The … Read more
As Asia opens the Wednesday trading day, bitcoin (BTC) is changing hands above $105.5K, a slight correction from $107K, where it sat during the U.S. business day. Despite the geopolitical upheaval of the last few weeks – with the U.S. strike on Iran, an event that surprised both geopolitical scholars and Polymarket bettors – BTC … Read more
The European Central Bank (ECB) Governing Council has approved research efforts that will use central bank money to settle distributed ledger technology (DLT) transactions, as the body looks to make its payment systems more efficient. One short term approach is called “Pontes” which will link DLT platforms with Eurosystem TARGET services that ensure the flow … Read more
The Ether (ETH) price came under renewed pressure on July 1, falling to $2,418.39 after a day of steady losses, according to CoinDesk Research’s technical analysis model. Ether’s price drop came amid a broader crypto market selloff. CoinGecko data shows total market capitalization declined 4.1% over the past 24 hours, driven largely by renewed political … Read more
Solana (SOL) SOL declined 7.84% over the past 24 hours, trading at $145.08 as of 20:03 UTC on July 1, 2025, according to CoinDesk Research’s technical analysis model; during the same period, the broader crypto market, as indexed by the CoinDesk 20 CD20, went down only 0.24%. SOL’s sharp drop comes just one day before … Read more
Polkadot’s DOT showed a clear trading range of 4.4%, with price action characterized by a sharp rally to $3.46 followed by a substantial correction, according to CoinDesk Research’s technical analysis model. The model showed that support has now formed at the $3.32 level, which is currently being tested. The Polkadot ecosystem suffered a notable slowdown … Read more
The Securities and Exchange Commission (SEC) has approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), a filing shows. The fund tracks the price of bitcoin BTC, ethereum ETH, XRP XRP, Solana SOL and Cardano ADA. The majority of the fund’s weight, currently about 80%, is in bitcoin. … Read more
Bitcoin slid on Tuesday as weakness in U.S. tech stocks appeared to spill over into crypto markets. The crypto asset fell about 1% over the past 24 hours, trading at $106,175 at press time as traders took profits after ending June above the $107,000 for its highest-ever monthly close. Sentiment equally soured in equities with … Read more
New York Attorney General Letitia James sounded the alarm on the U.S. Senate’s stablecoin bill, warning Congress on Monday that the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act — at least as it currently stands — “do[es] not contain the necessary guardrails to protect the American public.” In an eight-page … Read more
With the U.S. Senate’s passage of the bill meant to carry forward the bulk of President Donald Trump’s policy agenda, last-minute changes to the “One Big Beautiful Bill” didn’t include a proposal to clarify and ease crypto taxation. Though Senator Cynthia Lummis had advocated changes to the U.S. approach to taxing cryptocurrency transactions, including waiving … Read more
Are you ready for Q-Day? Do you even know what Q-Day is? If you don’t, you’re sleepwalking into a digital apocalypse that’s not coming—it’s already here. Q-Day isn’t some distant theoretical event. It’s the moment quantum computing shatters every lock, breaks every code, and renders every secret naked. While your most powerful supercomputer would need … Read more
Litecoin (LTC) has traded sideways over the last 24-hours, after coming down from a two-week high above the $88 mark. The token has been bouncing between $85 and $87 in today’s trading session, underlining a tug-of-war between dip-buyers and sellers who treat $87 as a ceiling. Charts hint at a looming “golden cross,” the moment … Read more
Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital Assets Ecosystem Growth, and a Vice President, Head of Financial Institutions (FI) Growth, both based in the U.S. “Excited to share two open … Read more
AI-focused NEAR token is down by 2% on Tuesday to reflect broader altcoin market weakness and a negative response to a governance proposal by trading firm DWF Labs. DWF proposed to cut NEAR’s inflation from 5% to 2.5%. While this might have a bullish impact on prices in that tokens will be more scarce, network … Read more
Global trade tensions and shifting monetary policies continue to influence cryptocurrency markets, with ATOM showing notable volatility in recent trading. During the 24-hour period from 30 June 15:00 to 1 July 14:00, ATOM-USD traded within a 5.1% range, facing consistent selling pressure despite a late recovery attempt with increasing buy volume. The cryptocurrency briefly dipped … Read more
Bitcoin’s BTC offshoot bitcoin cash BCH chalked out impressive gains in the past 24 hours, bucking the weakness in BTC and the broader market. BCH has gained over 5% from $491.25 to $516 in 24 hours, with trading volume tripling at one point as over 120,000 BCH changed hands. Prices hit a high of $528 … Read more
The mainnet of Botanix, a network designed to bring Ethereum-equivalent utility to the Bitcoin ecosystem, has gone live, slashing the time it takes to add new blocks to five seconds from 10 minutes. The network is compatible with the Ethereum Virtual Machine (EVM), the software that powers the Ethereum blockchain, allowing Ethereum-based applications and smart … Read more
South Korean cryptocurrency exchange Upbit is working with payments company Naver Pay to promote a won (KRW) stablecoin initiative, KBS reported, citing an unidentified official from Dunamu, Upbit’s parent company. The two companies are pursing a payments business based on the stablecoin, the official said, although details remain sparse. A stablecoin is a crypto token … Read more
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 2998.73, down 2.7% (-82.39) since 4 p.m. ET on Monday. One of 20 assets are trading higher. Leaders: BCH (+0.3%) and BTC (-0.9%) lead. Laggards: SOL (-5.4%) and APT … Read more
MARA Holdings (MARA) now holds 49,940 bitcoin (BTC), a trove that puts the public miner near the 50,000 threshold and makes it the second-largest publicly traded bitcoin holder behind Strategy (MSTR). At current prices, the stack is worth close to $5.3 billion. Out of its treasury, 15,534 BTC are “pledged as collateral or held in … Read more
Securitize, one of the largest tokenized asset issuers, and oracle provider RedStone have released a whitepaper they say introduces a new model for securely verifying Net Asset Value (NAV) data on-chain, tailored specifically for tokenized private funds. The model, dubbed the Trusted Single Source Oracle (TSSO), is designed to address a key gap in decentralized … Read more
Circle (CRCL) has the opportunity to be a prime facilitator of stablecoin adoption, Wall Street bank Citigroup said in a research report Monday assuming coverage of the stock. Despite the stock’s outsized rally since going public, Circle’s valuation is not stretched, the report said. The stablecoin issuer priced at $31 a share in its initial … Read more
Hackers stole more than $2.47 billion worth of cryptocurrency in the first half of 2025, already exceeding last year’s total of $2.42 billion, according to Certik’s Hack3d Report. The majority of that figure can be attributed to two incidents; the Bybit breach and the Cetus Protocol exploit that combined were worth $1.78 billion. Wallet compromise … Read more
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The dollar index (DXY), which tracks the greenback’s value against major fiat currencies, looks south, having taken a beating in the first half. Still, bitcoin’s (BTC) chart points to immediate downside risks. The DXY fell over 10% in the first … Read more
The Bitcoin (BTC) network monthly average hashrate fell about 3% in June, Wall Street bank JPMorgan (JPM) said in a research report Tuesday. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. It … Read more