The shiba inu (SHIB) token is trading higher but strong momentum is lacking despite buyers’ efforts to establish strong support. SHIB has established strong support base between $0.00001265 and $0.00001270 in the past 24 hours, with technical patterns suggesting potential for continued upward momentum. Geopolitical tensions and shifting trade policies are creating ripples across cryptocurrency … Read more
BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the UK’s regulatory ambit. The launch of tGBP follows a 14 month review including one month participation in the FCA regulatory Sandbox, which concluded on 31 May, the … Read more
Classover Holdings (KIDZ), a publicly traded online education company, has revealed it’s making a big bet on solana SOL. The company said in a press release that it entered a new agreement to sell up to $500 million in senior secured convertible notes, aiming to use most of the proceeds to build a treasury of … 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 3122.04, up 2.5% (+75.55) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: SOL (+5.6%) and NEAR (+4.9%). Laggards: LTC (+0.6%) and BTC (+1.0%). The … Read more
K33, a Sweden-based digital asset brokerage and research firm, announced its first transaction under a newly launched bitcoin treasury strategy with the acquisition of 10 BTC for approximately SEK 10 million ($1 million). This marks the initial step following K33’s commitment of SEK 60 million ($6 million) toward bitcoin investments. CEO Torbjørn Bull Jenssen commented … Read more
Global cryptocurrency exchange Kraken has unveiled a prime brokerage service for institutional crypto traders, offering best execution, deep liquidity, financing and 24/7 white-glove support, the company said on Tuesday. Kraken Prime offers access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced … Read more
Yuma, a development studio and accelerator for decentralized AI (deAI) network Bittensor, has partnered with the University of Connecticut (UConn) to create a building program focused on pooling together specialized machine learning called “BittBridge.” The partnership with Yuma will give a student-led team the opportunity to work toward operating and developing a project on Bittensor … Read more
Stablecoin issuer Tether has announced a strategic investment in Orionx, a cryptocurrency exchange based in Chile that operates in Peru, Colombia, and Mexico. The investment closes Orionx’s Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by Bitfinex, Tether’s sister company. Tether will … Read more
Robinhood (HOOD) has completed the acquisition of European crypto exhange Bitstamp for $200 million. The logos on Bitstamp’s website and app have been updated to read “Bitstamp by Robinhood.” The deal, which was first announced in June of last year, gives Robinhood an entry into the global crypto trading market, both retail and institutional. Founded … Read more
Activity on the XRP Ledger, a decentralized public blockchain designed for quick, cost-effective real-time transfer of XRP, fiat currencies and other digital assets, has slowed considerably since the first quarter. The number of payment transactions, representing the transfer of value from one account to another, dropped to 320,747 at press time, the lowest since October … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency bull run has stalled since bitcoin (BTC) hit a record high above $110,000 last month. However, corporate adoption continues at a brisk pace. Shares in Norway-based crypto exchange Norwegian Block Exchange surged over 100% early today after the company disclosed the purchase of six … Read more
Ether extended its rally Monday as institutional demand surged and exchange supply dropped to a multi-year low. The asset climbed as high as $2,650.18 before easing to around $2,617, where it currently trades, according to CoinDesk Research’s technical analysis data model. Despite the minor retracement, ETH remains one of the best-performing major tokens this week, … Read more
Solana is leading the crypto rebound as bulls drive the token toward $160, buoyed by surging user activity and rising on-chain engagement. Despite broader market jitters, SOL has rallied nearly 7% over 24 hours, helped by record transaction throughput and a spike in daily active addresses. The rally gained steam after SOL bounced from a … Read more
Jacobi Asset Management has lowered entry barriers for its bitcoin BTC exchange-traded fund (ETF), allowing European retail investors to participate for the first time. This follows the removal of professional-only and minimum investment requirements by the Guernsey regulator. Originally launched in 2023 on Euronext Amsterdam, the ETF was designed to meet institutional grade standards for … Read more
Uniswap’s native token UNI extended its recent recovery rally, brushing off macroeconomic pressure as investors looked past heightened global trade tensions. The token climbed steadily from $6.09 to $6.40, establishing key support above the $6.30 level. Market volatility remains elevated, fueled by geopolitical risk and speculation surrounding rate cuts in Europe and the U.S. Still, … Read more
Strategy (MSTR) has launched its third perpetual preferred instrument, the Series A Stride Preferred Stock (STRD), as it continues building out a structured yield curve for its capital stack. With a 10.00% non-cumulative fixed dividend and perpetual duration, STRD aims to provide long-term, high-yield exposure positioned between the firm’s senior preferred (STRF) and convertible preferred … Read more
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Leading privacy-focused cryptocurrency monero (XMR) has outperformed bitcoin BTC this year, and the trend is likely to continue in the coming weeks. That’s the message from the XMR-BTC ratio trading on Poloniex. The ratio representing XMR’s bitcoin-denominated price recently rose … Read more
Ripple’s U.S dollar pegged RLUSD has received regulatory approval from Dubai’s financial watchdog, clearing the way for its use within the Dubai International Financial Centre (DIFC), the company said Tuesday. The Dubai Financial Services Authority’s decision means RLUSD can now be integrated into Ripple’s licensed payments platform and potentially leveraged by other DFSA-registered entities. That … Read more
The Blockchain Group (ALTBG), listed on Euronext Growth Paris and known as Europe’s first bitcoin BTC treasury company, has bought 624 BTC for approximately 60.2 million euros ($68.8 million). This move follows two major financing operations: a reserved capital increase and a convertible bond issuance. On May 20, 2025, the Group raised 6.8 million euros … Read more
Dogecoin (DOGE) surged nearly 6% over the past 24 hours, marking a sharp reversal from its recent sluggish performance as institutional interest appears to be driving renewed optimism. Price-Action According to CoinDesk Research’s technical analysis model, the token rose from $0.191 to $0.200, fueled by strong technical momentum and high-volume trading that saw peak volume … Read more
BCB Markets, the trading arm of crypto payments firm BCB Group, has inked an agreement with Societe Generale–FORGE to distribute EURCoinVertible (EURCV), a euro-linked stablecoin developed by the French banking giant’s digital asset subsidiary, the company said in a press release on Tuesday. The move marks another step toward broader adoption of fiat-linked digital assets, … Read more
The rebound in digital assets since early April has been marked by a significant shift in activity, with Asian trading hours gaining market share in global bitcoin BTC, ether ETH and solana SOL spot trading volumes, while the U.S. steadily loses ground. The U.S. trading hours’ share of the spot volume in the three major … Read more
Coinbase (COIN) is petitioning a federal court to take over jurisdiction of Oregon’s lawsuit accusing it of selling unregistered securities, arguing the state is improperly interfering with federal efforts to clarify digital asset regulations. In a filing late Monday evening, Coinbase argued that Oregon Attorney General Dan Rayfield’s lawsuit which it initiated in April over … Read more
Bitcoin BTC hovered above $105,000 on Tuesday, marking a steady climb after a sell-off over the weekend and Monday resulted in nearly $1 billion in liquidations, rattling traders. Ether ETH led gains among majors at 4.5%, coming as the blockchain’s Foundation restructured staffing to focus on protocol developments in a competitive and crowded network landscape … Read more
XRP’s XRP ballooning open interest reflects a surge in speculative activity and hints at a potential price breakout in the near term, market watchers say, as the token trades around $2.20 as of Tuesday morning. “XRP’s open interest has surged to nearly $5 billion (over the weekend), indicating increasing speculative activity as traders take sizable … 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. Bitcoin BTC is trading around $106,402.39 as Asia begins its trading … Read more
The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first … Read more
The Ethereum Foundation has laid off some members of its research and development team as part of a broader restructuring effort aimed at refocusing on critical protocol design challenges, the organization said in a blog post Monday. The shake-up comes as the Switzerland-based nonprofit grapples with ongoing criticism over its management and strategic direction. Some … Read more
A new ranking of crypto-friendly U.S. states puts New Hampshire at the top despite its steep electricity prices and lack of bitcoin mining activity. The state scores high due to its zero capital gains tax, lack of restrictive crypto regulation and a dense network of crypto-accepting businesses and ATMs. The study, conducted by digital mining … Read more
Geopolitical tensions and regulatory uncertainty continue to shape cryptocurrency markets as Cardano ADA experiences volatile price action between $0.664 and $0.690. Despite strong network fundamentals, including surpassing 110 million total transactions, ADA faces downward pressure amid broader market concerns about inflation and monetary policy decisions. Technical Analysis ADA-USD exhibited a volatile 24-hour trading range of … Read more