CoinDesk

The probability of Iran’s leadership blocking the Strait of Hormuz for shipping has increased following the U.S. airstrikes on Iran’s nuclear facilities. At press time, shares of the Yes side of the Polymarket-listed contract “Will Iran Close the Strait of Hormuz before June 30 traded at 40 cents, representing a 40% probability. That’s a notable … Read more

The Czech government has weathered a political storm this week, surviving a no-confidence vote triggered by a $45 million bitcoin payment from a convicted criminal. The scandal has rocked Prime Minister Petr Fiala’s administration months before national elections, Reuters reports. The payment of 468 bitcoin was made to the state by a man previously jailed … Read more

Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer. That’s the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa. At the … Read more

Solana’s native token, SOL SOL, is trading at $140.46, down 1.41% over the past 24 hours, after recovering from a sharp 4.9% decline that took the price from $142.91 to $135.96, according to CoinDesk Research’s technical analysis model. The asset has since stabilized between $140 and $142, with support forming at $140.40. Solana’s ecosystem continues … Read more

BNB has fallen to $635, weathering a choppy market as traders brace for the Maxwell hard fork and rising geopolitical risk in the Middle East. The token’s resilience comes as daily transactions on the BNB Chain have surged from 8 million to 17.6 million since mid-May, according to DeFiLlama data. Scheduled for June 30, the … Read more

ARK Invest unloaded another round of shares of Circle (CRCL) across its ETFs just two weeks after the stablecoin issuer’s high-profile IPO. The biggest cut came from the flagship ARK Innovation ETF (ARKK), which sold 490,549 shares, or about 1.8% of the portfolio. ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) … Read more

Hackers exploited a vulnerability in CoinMarketCap’s front-end system, using a seemingly harmless doodle image to inject malicious code that triggered fake wallet verification pop-ups across the site. The breach, confirmed by CoinMarketCap, used its backend API to deliver a manipulated JSON payload that embedded JavaScript into the homepage according to blockchain security firm Coinspect Security. … Read more

Cardano’s ADA ADA token came under pressure Saturday, falling to $0.5818 and extending its weekly losses despite renewed focus on the network’s Leios upgrade. ADA declined 3.77% over the past 24 hours, with volume spiking 38.39% above the 7-day average, according to CoinDesk Research’s technical analysis model. On Thirsday, Input Output Global (IOG), the research … Read more

Ether (ETH) ETH posted a modest recovery on Saturday after a volatile week marked by outsized institutional outflows. On Friday, June 20, spot ETH ETFs listed in the U.S. recorded $11.3 million in net outflows — the largest single-day decline in June, according to data from Farside Investors. The pullback was led by BlackRock’s ETHA … Read more

Bitcoin (BTC) BTC continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research’s technical analysis model. This price behavior reflects an … Read more

Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,” … Read more

What started as a positive day for crypto markets quickly reversed during the U.S. session with bitcoin BTC sliding below $103,000 from the $106,500 level just hours earlier. At press time, bitcoin had pared some of the losses, returning to $103,200, down 1.2% over the past 24 hours. Other large cryptocurrencies endured steeper declines. Ethereum’s … Read more

Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin. DT … Read more

Peter Schiff, vocal proponent of gold and a longtime critic of cryptocurrencies and bitcoin BTC, said he intends to launch his own gold-backed token while taking a dig at the value of U.S. dollar-pegged stablecoins. “I get bitcoin, but not U.S. dollar stablecoins,” Schiff posted Friday on X. “If you’re going to introduce a third-party … Read more

Semler Scientific (SMLR) has hired Joe Burnett to the newly created position of director of Bitcoin strategy. Alongside, the company — which currently holds 4,449 bitcoin worth about $462 million — announced a goal of owning at least 10,000 bitcoin by the end of this year, 42,000 by year-end 2026 and 105,000 by year-end 2027. … Read more

Dogecoin is stabilizing near $0.170 after a sharp reversal from session lows, showing signs of accumulation as macroeconomic tensions rattle global markets. The meme cryptocurrency found strong support at $0.16, and is now coiling within a symmetrical triangle — a technical pattern known to precede major directional moves. News Background Analysts are increasingly focused on … Read more

Recently gone public stablecoin issuer Circle (CRCL) was started with a buy rating and $235 price target at Seaport Securities. The stablecoin market cap could reach $2 trillion in coming years versus just about $260 billion today, said the Wall Street research firm. Alongside, Seaport sees Circle as able to generate annual revenue growth of … Read more

XRP is stabilizing near the top of its recent range and showing signs of bullish pressure as volatility narrows. With strong volume-backed support at $2.14–$2.15 and multiple resistance tests at $2.18, the asset appears to be coiling within an ascending channel, setting the stage for a possible breakout. News Background Middle East conflicts triggered renewed … Read more

North Korean hacking groups have been targeting crypto for years. The 2022 $625 million Ronin bridge exploit was an early wake-up call—but the threat has only evolved. In 2025 alone, North Korean-affiliated attackers have been linked to a string of campaigns designed to siphon value and compromise key players in Web3: They’ve targeted $1.5 billion … Read more

KindlyMD (NAKA), a Salt Lake City-based health-care data firm merging with bitcoin-focused holding company Nakamoto, raised another $51.5 million for bitcoin BTC purchases, the companies announced Friday. The private placement equity financing round, also known as PIPE, was priced at $5 per share of common stock in KindlyMD. The financing was fully subscribed in less … Read more

Bridge Biotherapeutics (288330), a South Korean biotech company, may be looking to become the country’s answer to Strategy (MSTR) or Metaplanet (3350) by adopting a bitcoin treasury strategy. Seongnam-based Bridge has received a 25 billion won ($183.3 million) backing from crypto investment firm Parataxis, with which it will build a BTC treasury. Bridge will change … Read more

Crypto exchange Coinbase has won a European Union Markets in Crypto Assets license (MiCA) from Luxembourg, the company said in a statement on Friday. The exchange, which is the fifth-largest crypto exchange by volume according to CoinGecko, will now be able to offer services across the 30 nations in the European Economic Area. It joins … Read more

Despite escalating conflict in the Middle East Cosmos’ ATOM token is showing resilience to the volatility. It currently trades above the $4.00 level of resistance after a break out on significant volume spikes. Technical Analysis ATOM-USD climbed from $3.981 to $4.043, with a notable range of $0.122 (3.07%). Price action formed a clear uptrend with … Read more

The Telegram-native cryptocurrency TON has broken through the psychologically significant $3 barrier, demonstrating robust momentum with exceptional trading volume nearly triple the period average. This surge coincides with growing interest in Telegram’s ecosystem as WhatsApp begins implementing advertisements, positioning TON as a beneficiary of the shift toward ad-free, crypto-integrated messaging platforms. Despite recent volatility, TON … Read more

DOT rebounded, gaining 4%, after dropping 3.67% to $3.464, where it found strong support, according to CoinDesk Research’s technical analysis model. The move higher was on strong volume, the model showed. A bullish reversal pattern has formed with consecutive higher lows since the bottom, which suggests further potential upside, according to the model. In recent … 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 3035.75, up 1.3% (+38.34) since 4 p.m. ET on Thursday. Seventeen of 20 assets are trading higher. Leaders: AAVE (+3.5%) and HBAR (+2.4%). Laggards: BCH (-1.5%) and NEAR (-0.5%). … Read more

Thailand’s Securities and Exchange Commission (SEC) opened a consultation on rules for exchanges to issue their own utility tokens. The regulator is proposing allowing crypto exchanges, or a person related to the exchange, to issue utility tokens for blockchain transactions, it said on its website. Exchanges will have to disclose the names of anyone related … Read more

By Francisco Rodrigues (All times ET unless indicated otherwise) Risk assets, cryptocurrencies among them, breathed a sigh of relief after President Donald Trump ruled out an immediate entry into the Israel-Iran war, saying he may wait two more weeks before deciding whether to add U.S. firepower to the conflict. Bitcoin (BTC) is hovering around $106,000, … Read more

Solana-based decentralized exchange (DEX) Jupiter has announced that it will pause DAO votes until the end of 2025, stating that the structure is not “working as intended.” Jupiter executive Kash Dhanda explained in an X post that the protocol is in a “critical period” and that the “window to define the future of DeFi is … Read more

Arizona moved closer to establishing a bitcoin BTC reserve fund after the state’s Senate voted in favor of the bill at its third reading. Arizona’s Senate passed House Bill 2324 (HB2324) in a 16-14 vote on Thursday, sending it back to House for a final decision. The legislation would update Arizona’s laws on forfeiture, allowing … Read more