CoinDesk

Meta (META) shareholders have overwhelmingly voted against a proposal to add bitcoin BTC to the company’s balance sheet, according to a May 28 filing with the U.S. Securities and Exchange Commission. Just 3.92 million votes supported the measure, while nearly 5 billion were cast in opposition. The idea was put forward in January by Ethan … Read more

Consensys, the Ethereum infrastructure company behind the popular MetaMask wallet, said it has acquired Web3Auth, a provider of wallet infrastructure, in a move aimed at improving usability and developer accessibility across its platforms. Financial terms of the deal were not disclosed. The acquisition is designed to modernize MetaMask’s onboarding experience and tackle one of the … Read more

Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 billion bitcoin BTC acquisition through a treasury diversification initiative aimed at enhancing its financial resilience and fueling logistics tech expansion. Through this “BTC Program,” Reitar seeks to acquire up to 15,000 BTC from a consortium of institutional and high-net-worth investors in exchange for company … Read more

Riot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its Chief Data Center Officer, marking a strategic move by the bitcoin miner to branch out beyond crypto into the broader data infrastructure business. Gibbs brings over 15 years of experience and a résumé that includes designing and building more than one gigawatt of data … Read more

Solana (SOL) faced renewed downside pressure after multiple failed attempts to break above the $158–$159 resistance zone. Sellers took control during the 13:00 hour, where volume surged past 1.1 million, breaking through the $153.10–$153.30 support region and accelerating the bearish momentum. Despite a modest recovery attempt, SOL remains on the back foot, trading just above … Read more

Geopolitical tensions and ongoing trade disputes between major economies create market volatility, with traditional financial markets showing correlation to crypto movements. The cryptocurrency market continues to navigate choppy waters amid escalating global economic uncertainties. TON, the native token of The Open Network, has shown remarkable resilience despite broader market pressures, recovering from a recent correction … Read more

Litecoin (LTC) is showing signs of strength in the face of a shaky global economy. The cryptocurrency held firm at the $87.50 level through multiple tests, defending a price floor that traders now see as critical, according to CoinDesk Research’s technical analysis data model. This comes as markets respond to ongoing trade tensions and monetary … Read more

Circle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming initial public offering, according to a Monday filing with the Securities and Exchange Commission (SEC). The company now plans to offer up to 32 million shares priced between $27 and $28 each, up … Read more

Global economic uncertainties and escalating trade tensions have sent ripples through cryptocurrency markets, with Avalanche (AVAX) experiencing a sharp 8.5% decline over the past 24 hours. Despite forming a potential double bottom pattern at the $19.97 support level with increased buying volume, the overall bearish sentiment continues to dominate AVAX’s price action. Technical Analysis • … Read more

NEAR Protocol has been caught in the crosscurrents of global economic uncertainty, with its price action reflecting broader market turbulence as investors navigate complex geopolitical developments. The cryptocurrency experienced significant volatility over the past 24 hours, establishing a trading range between $2.38 and $2.49. The token’s performance mirrors the tension in traditional markets, where escalating … Read more

The following open letter was written by Dan Boneh (Stanford), Joseph Bonneau (NYU), Giulia Fanti (Carnegie Mellon), Ben Fisch (Yale), Ari Juels (Cornell), Farinaz Koushanfar (U.C. San Diego), Andrew Miller (University of Illinois at Urbana Champaign), Ciamac Moallemi (Columbia), David Tse (Stanford), Pramod Viswanath (Princeton). Here’s a multiple choice question. Algorand, Arbitrum, Avalanche, Axelar, Babylon, … Read more

Global economic uncertainties continue to ripple through cryptocurrency markets as nations navigate an increasingly complex trade landscape. ATOM has demonstrated remarkable resilience amid these tensions, maintaining critical support levels despite broader market volatility. The Cosmos ecosystem, known for its interoperability solutions, faces both challenges and opportunities as global economic realignments potentially reshape blockchain development priorities … Read more

Frankfurt-based 21X, a venue for trading tokenized stocks, bonds and funds regulated by Germany’s financial watchdog BaFin, has integrated Circle’s USDC stablecoin as a key settlement currency on the platform. The USDC integration is part of 21X’s mission to build a multi-currency, MiCA-aligned, open market environment for institutional trading of tokenized securities, the company said … Read more

Stablecoin protocol USDT0 is giving tokenized gold a crypto native spin, aiming to make the world’s oldest stores of value compatible with decentralized finance (DeFi) applications. The platform is introducing the XAUT0 token, which builds on Tether Gold (XAUT) but integrates an omnichain architecture to expand its utility for trading and as collateral on lending … Read more

Cryptocurrency investors lost more than $300 million to scams, hacks and exploits in May, according to blockchain security firm CertiK. The majority of those losses were related to code vulnerability exploits, which accounted for $229 million — a 4,483% rise on April. Phishing, which involves an attacker stealing a user’s trading account or wallet credentials, … Read more

Ethereum continues to demonstrate notable resilience amid growing economic headwinds, maintaining its footing above the $2,500 support level despite intensified market volatility. The asset rebounded sharply from $2,472.84 to a session high of $2,547.92, with price currently holding near $2,514. Technical momentum remains intact as higher lows persist, supported by strong demand around the $2,486-$2,490 … Read more

Derivatives trader James Wynn emerged out of the woodworks a few weeks ago, flaunting 9-figure bitcoin positions on HyperLiquid as he went on a seemingly undefeatable run that culminated in around $100 million worth of profit. But that run, as is often the case with highly-leveraged crypto derivative trading, came to a shocking end — … Read more

Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week’s 2,000% surge. The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million to launch an ether ETH treasury … Read more

Bitcoin emerged in the darkness of the global financial crisis in 2008. The Bitcoin white paper represented a genuine breakthrough in thinking about coordinating complex systems in a decentralized environment. Though not every idea in it was new, Bitcoin’s combination was ground-breaking in its scope and potential for reliability. The Bitcoin white paper was something … Read more

Binance Coin (BNB) is holding steady above the $650 mark despite rising volatility in global markets sparked by escalating global trade tensions. The cryptocurrency briefly touched $664 before pulling back, but heavy trading volume suggests solid support at $650, according to CoinDesk Research’s technical analysis data model. The broader market has been rattled by President … 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 3024.87, down 2.6% (-80.17) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BTC (-0.6%) and POL (-0.6%).Laggards: ADA (-5.9%) and APT (-5.6%). … Read more

The total market cap of the 13 U.S.-listed miners that JPMorgan tracks rose almost 20% in May, as bitcoin BTC rallied and mining profitability increased, the bank said in a research report Monday. The Bitcoin network hashrate rose about 25 exahashes per second (EH/s) to an average of 897 EH/s last month, according to the … Read more

Sberbank, Russia’s largest bank, has introduced a new structured bond that tracks the price of bitcoin BTC and the dollar-to-ruble exchange rate. Initially available over the counter to a limited pool of qualified investors, the bonds let holders earn based on two variables: the future performance of BTC in U.S. dollars and any strengthening of … Read more

Shiba inu SHIB, the world’s second-largest meme token by market value, trades in the bearish territory below the Ichimoku cloud after facing high-volume selling overnight. The Ichimoku Cloud, a technical indicator developed by a Japanese journalist in the 1960s, is used to analyze market trends, identify support and resistance levels, and gauge momentum. It is … Read more

Strategy (MSTR) has expanded its bitcoin BTC holdings with the purchase of an additional 705 BTC for approximately $75 million, bringing the company’s total bitcoin holdings to 580,955 BTC. This latest acquisition was made at an average price of $106,495 per bitcoin, which adjusts the company’s overall average purchase price to $70,023 per bitcoin. To … Read more

By Omkar Godbole (All times ET unless indicated otherwise) The recent TACO tease, implying “Trump Always Chickens Out” on tariffs, likely didn’t go down well with the President, who raised the stakes in the ongoing trade war on Friday, leading to broad-based risk aversion, which persists as of writing. On Friday, Trump said that on … Read more

Weston Nakamura founder of Across The Spread, a global markets analyst known for his macro insights through an Asia lens, highlights a surprising and increasingly critical macro relationship. According to Nakamura, Bitcoin BTC appears to be tracking long-end Japanese Government Bond (JGB) yields specifically the 30-year more closely than its traditional correlation with U.S. equities … Read more

The cryptocurrency market continues to feel the effects of global economic tensions, with investor sentiment swaying under the weight of rising geopolitical risks and trade uncertainty. Uniswap’s UNI token saw a sharp intraday swing between $6.045 and $6.385 before stabilizing above $6.11, signaling cautious buyer support, according to CoinDesk Research’s technical analysis data model. Although … Read more

Hong Kong-based RedotPay, a crypto payment fintech serving over four million users, has partnered with stablecoin issuer Circle’s new payment network (CPN), to take the headache out of Brazil’s cross-border transactions. The CPN collaboration means RedotPay users can now send cryptocurrency directly to Brazilian bank accounts, with funds automatically converted into Brazilian Real (BRL) upon … Read more

Investment platform IG (IGG) said it has begun offering crypto trading to retail investors, becoming the first publicly-listed firm in the U.K. to do so. This marks IG’s first offering of crypto exposure through spot trading of bitcoin BTC, ether ETH and a range of smaller tokens. The company’s crypto service has previously been confined … Read more