Privacy is the soul of crypto, and without it, nothing else we’re doing really matters. If you care about financial sovereignty, you need privacy. If you care about coordinating with others to effect social change, or thinking freely, or building a more prosperous society, you need the free exchange of value. Freedom begins with privacy. … Read more
AVAX AVAX broke below key support levels on increased trading volume on Wednesday, tracking’s bitcoin’s BTC 1.1% decline over 24 hours. Technical Analysis • AVAX formed a descending channel with progressively lower highs and lower lows over the 24-hour period. • Price broke below key support at $21.05 during heavy volume sessions. • Notable resistance … Read more
BNB is holding steady around $668 as positive developments in its ecosystem are meeting with regulatory tension and broader market volatility. The token has gained over 11% in the past month, aided by strong decentralized finance activity and the end of the U.S. Securities and Exchange Commission’s long-running lawsuit against Binance. Binance’s crackdown on bots … Read more
Stablecoins are one of the most powerful innovations in modern finance. They meet modern demands and enable capital movement in ways that traditional financial rails simply can’t match, and businesses and consumers are taking advantage. Last year, the transfer volume of stablecoins hit $27.6 trillion, surpassing the combined transaction volume of both Visa and Mastercard. … Read more
The line between traditional and crypto markets is actively being redrawn. As digital asset markets mature, the convergence of traditional finance (TradFi) and digital markets is accelerating, resulting in a more mature, institutional-grade ecosystem shaped by the frameworks, expectations and operational resilience that have historically characterized TradFi. Recent developments underscore a paradigm shift in how … Read more
Treasure Global (TGL), a publicly traded e-commerce and fintech firm, said it will invest up to $100 million in cryptocurrencies as part of a new capital strategy. Half the funding comes from an existing equity facility, while the other $50 million stems from an institutional partnership, according to a press release. The company isn’t just … Read more
The cryptocurrency market continues to navigate choppy waters as global economic factors create ripple effects across digital assets. Cardano’s native cryptocurrency, ADA ADA, demonstrated resilience, forming a V-shaped recovery pattern after finding strong support at $0.684 with significant buying volume overnight, according to CoinDesk Research’s technical analysis model. This recovery comes amid broader market uncertainty … Read more
China-based Webus International (WETO) filed a Form 6-K with the U.S. Securities and Exchange Commission on Tuesday with plans to build a $300 million XRP-focused corporate treasury. The filing follows an earlier May announcement by the firm, which aims to fund the initiative using loans and credit facilities rather than new share issuances. Webus plans … Read more
MoonPay, a cryptocurrency on-ramp and payments firm with over 20 million users, has been granted a coveted BitLicense and money transmitter license by the New York State Department of Financial Services (NYDFS). The BitLicense approval completes MoonPay’s U.S. regulatory coverage, complementing money transmission licenses in 46 other U.S. jurisdictions, as well as registrations in the … Read more
Australia’s anti-money laundering regulator, AUSTRAC, enacted a series of measures for crypto ATM providers to clamp down on scammers using the devices to target the elderly. AUSTRAC is putting a $5,000 limit on crypto ATM cash deposits and withdrawals, requiring operators to enhance their customer due diligence obligations, include scam warnings and monitor transactions, CEO … 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 3117.62, down 1.1% (-35.3) since 4 p.m. ET on Tuesday. Three of 20 assets are trading higher. Leaders: ADA (+0.1%) and AAVE (+0.1%). Laggards: SUI (-3.9%) and SOL (-3.1%). … Read more
Fart-powered joke tokens suddenly weren’t so funny for crypto traders on Tuesday. A basket of the largest Pump.fun ecosystem tokens faded from recent highs after Blockworks reported the Solana-based launchpad is pitching a $1 billion token sale that would value the project at roughly $4 billion. Sources told Blockworks the sale could close within weeks, … Read more
Crypto exchange Rails has raised $14 million in a token sale to launch its trading platform combining self-custody and high-speed execution, the company said in a press release Wednesday. The company raised $14 million in a token sale to investors in April this year, and $6 million in a seed round that closed in January … Read more
Berachain is gearing up to be the first non-Ethereum Layer-1 blockchain to fully activate Pectra’s new execution-layer features. Its Bectra hard fork goes live Wednesday, giving more than 100 apps on the chain access to tools that could enhance how users and developers interact with the platform. This a step forward for Berachain, an EVM-identical … Read more
K Wave Media Inc.(KWM), the first Korean media alliance listed on Nasdaq, has announced plans to raise up to $500 million in stock sales to fund bitcoin purchases. “K Wave is looking to be the ‘Metaplanet of Korea,” said the company in a translated statement. “The Company believes a similar model — combining public market … Read more
Ether is demonstrating renewed strength after bouncing from a crucial support zone near $2,584. The cryptocurrency recovered quickly from its recent dip, stabilizing above $2,620 as it absorbs broader macroeconomic pressures tied to ongoing US-China trade tensions and policy uncertainty. Despite these external headwinds, technical indicators remain constructive, and institutional demand continues to build. Weekly … Read more
Bitcoin’s BTC circulating supply is thinning out with an estimated 30% drop in liquid BTC over the last 18 months, a steep drain that could set the stage for potential upside volatility in the coming months, a Sygnum Bank’s market outlook said Tuesday. “Bitcoin’s liquid supply is getting severely constrained while positive demand trends continue, … Read more
Semler Scientific (SMLR) continues its bitcoin BTC acquisition strategy, purchasing 185 BTC for $20 million, or an average purchase price of $107,974 each, in the ten days ended June 3. This latest investment brings the company’s total holdings to 4,449 BTC, valued at approximately $467 million based on bitcoin’s current price just above $105,000. The … Read more
Memecoins Shiba Inu (SHIB) and PepeCoin (PEPE) have disappointed bulls over the past 24 hours, suggesting a risk-off mood in the broader crypto market. SHIB experienced significant price volatility, reaching a peak of 0.00001336 before declining to 0.00001297, with notable high-volume support emerging at the 0.00001310 level overnight. The support was breached soon before press … Read more
The Moscow Exchange has launched bitcoin BTC-linked futures contracts on Wednesday, yet the product is only available for qualified investors. The futures, seemingly tied to the value of the U.S.-listed iShares Bitcoin Trust ETF (IBIT), will be quoted in U.S. dollars per lot, though settlement will be handled in Russian rubles. The exchange said it … Read more
By James Van Straten (All times ET unless indicated otherwise) If there was any doubt that popular interest in bitcoin BTC is on the wane as the price treads water just below its record high, a quick peek at Google’s search trends provides the evidence. Searches for the largest cryptocurrency now rank below 25, a … Read more
A bold bet on BlackRock’s spot bitcoin BTC ETF (IBIT) crossed the tape Tuesday, suggesting expectations for a “moonshot” or rapid price surge in the world’s largest publicly listed fund by month-end. On Tuesday, a trader picked up 3,000 contracts of the IBIT $77 strike call option expiring on June 27, according to data source … Read more
Solana (SOL) saw a sharp pullback after touching a high of $163.65, shedding nearly 6% before recovering to trade above $157 by Tuesday morning. The price action reflects heightened market volatility as bulls and bears vie for control near key psychological levels. Despite the correction, institutional interest in SOL appears undeterred. Canary Capital’s recent filing … Read more
Licensed hybrid crypto exchange GRVT rolled out retail price improvement orders on its platform, pioneering the integration of a proven traditional market feature into the decentralized ecosystem. The new offering, available on GRVT’s web and mobile apps, will provide retail users with better execution prices than those publicly available in the order book. The process … Read more
Uniswap’s UNI token continues to show bullish momentum, extending its rally after a breakout near $6.45 and now trading just below $6.80. The price action is supported by explosive trading volume and clear whale accumulation in derivatives markets. Institutional long positioning appears to be reinforcing the uptrend, with UNI outperforming broader Ethereum-based tokens. As Bitcoin’s … Read more
World Liberty Financial, the Trump family-backed crypto firm, just dropped $47 worth of its USD1 stablecoin to each wallet that participated in its WLFI token sale. The move comes as USD1, which is pegged to the U.S. dollar and backed by Treasuries and fiat reserves, expands across blockchains as result of Chainlink’s CCIP integration. USD1’s … Read more
CoreWeave’s (CRWV) stock surged 25% on Tuesday and climbing another 5% pre-market, bringing its year-to-date gains to a staggering 276%, following news of a $7 billion infrastructure deal with Applied Digital. The AI cloud-computing startup signed two 15-year lease agreements with Applied Digital for 250MW of IT load at the Ellendale, North Dakota data center … Read more
XRP was little changed over the past 24 hours, rising from $2.194 to $2.264 and defying the broader digital asset market’s uncertainty. The token’s rally comes amid intensifying global trade tensions, with major economies implementing new tariffs that have rattled markets. Despite these headwinds — and a second consecutive week of institutional outflows totaling $28.2 … Read more
Zodia Custody, the crypto custodian backed by big banks like Standard Chartered and SBI, will handle the safekeeping of tokenized emeralds, through a partnership with GEMx, a Swiss fintech company that specializes in blockchain-based co-ownership of the precious stones. The partnership allows access to the gemstone market through the EmGemX token, a way for institutional … Read more
MARA Holdings (MARA) said it produced 950 bitcoin BTC last month, the most since January 2024 and 35% more than in April, while setting a new company record by winning 282 blocks, up 38% month-over-month. The record, powered by MARA’s proprietary MARA Pool, also comes after the payout for verifying blocks and adding them to … Read more