CoinDesk

Global economic tensions and trade disputes continue to influence cryptocurrency markets, with XRP demonstrating remarkable resilience despite recent capital outflows. The digital asset saw its market capitalization fluctuate from $137.5 billion to $133.39 billion before partially recovering to $135.86 billion, highlighting the ongoing volatility. Despite these challenges, XRP maintains position above critical technical support levels … Read more

KindlyMD (NAKA), an integrated healthcare services provider, has pulled the trigger on its bitcoin BTC treasury strategy. The acquired 21 bitcoin for roughly $2.3 million at an average cost of $109,027, according to a Tuesday press release. The purchase was funded by exercising some of the company’s outstanding warrants. “Our first 1/millionth of all bitcoin, … Read more

The cryptocurrency market is navigating choppy waters as geopolitical tensions and trade disputes create headwinds for digital assets. Despite broader market uncertainty, Dogecoin has demonstrated remarkable resilience, recovering from a significant dip to $0.220 and establishing strong support at the $0.222 level with nearly double the average 24-hour trading volume. This price action has formed … Read more

As bitcoin BTC enters this week’s Bitcoin Conference in Las Vegas priced at roughly a record high above $109,000, traders and analysts are closely watching whether it what’s become a trend of poor performance after these events. Historical data compiled by Galaxy Research across five prior conferences from San Francisco in 2019 to Nashville in … Read more

Ethereum ETH has staged an impressive recovery in the past 24 hours, climbing 3.8% amid significant market volatility. The second-largest cryptocurrency found solid support at $2,530, where exceptional trading volume (242,521 ETH) created a clear bottoming pattern. This was followed by a decisive breakout during the early trading hours, supported by massive volume surges exceeding … Read more

Shares of sports marketing company SharpLink (SBET) rose 412% on Tuesday after it announced plans to create an Ethereum ETH treasury reserve strategy with involvement from the blockchain’s own co-founder, Joseph Lubin. The Minneapolis-based firm, founded in 1995, is currently trading at $34.45, up from $7 Friday, with a market cap now of $23 million. … Read more

Wall Street investment bank Cantor said on Tuesday it has executed the first transaction of its new bitcoin BTC lending business as part of the firm’s plan to offer $2 billion in financing. The first firms to secure financing from the credit facility include Maple Finance, a crypto lender with over $1.8 billion of assets … Read more

Trump Media and Technology Group (DJT), the publicly-traded company that operates the social media site Truth Social, announced on Tuesday a $2.5 billion capital raise to create a bitcoin BTC treasury. The company has entered into subscription agreement with about 50 institutional investors, issuing $1.5 billion in common stock and $1 billion in convertible senior … 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 3278.52, up 1.9% (+60.88) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: AAVE (+5.3%) and NEAR (+4.8%).Laggards: POL (+0.6%) and BTC (+0.6%). The CoinDesk … Read more

Crypto adoption by consumers increased in 2025, with the U.K. at the forefront, Gemini said in its ‘2025 Global State of Crypto’ report on Tuesday. U.K. ownership rose to 24% from 18% in 2024, while France hit 21% (up from 18%). The U.S. ticked up to 21%, and Singapore led with 28%, up from 26%, … Read more

Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised. This capital will fund Strive’s initial wave of bitcoin BTC buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed … Read more

Blockchain.com, a cryptocurrency exchange and wallet provider, is expanding into parts of Africa where crypto regulation is beginning to solidify. The company is focusing on Ghana, Kenya, and South Africa, and plans to open a physical office in Nigeria this quarter, citing it as its fastest-growing market in West Africa, Bloomberg reports. Nigeria recently passed … Read more

Prometheum, the controversial digital asset securities firm, is aiming to achieve a jumpstart in the lucrative tokenization boom, acquiring a broker-dealer and launching a digital transfer agent registered with the U.S. Securities and Exchange Commission, the company told CoinDesk exclusively. ProFinancial, the firm’s newly acquired FINRA-member and SEC-registered broker-dealer, can offer primary sales of various … Read more

Circle Internet Group, the firm behind stablecoin USDC, has filed for an initial public offering on the New York Stock Exchange, the firm said on Tuesday. Circle is offering 24 million of its class A shares, out of which 9.6 million is being offered by the firm, while 14.4 million shares are being offered by … Read more

Solana SOL is expected to underperform ether ETH over the next two to three years, investment bank Standard Chartered (STAN) said in a research report Tuesday initiating coverage of the cryptocurrency. The bank expects the ether/solana ratio to increase from 14 currently to 17 by the end of 2027, before falling off again. For solana, … Read more

U.S.-listed Exodus Movement (EXOD), a self-custody wallet firm specializing in bitcoin and other cryptocurrencies, has unveiled an Exodus debit card in partnership with Baanx, a crypto card enabler that works with Mastercard and Visa. Through the Baanx partnership, Exodus users can spend their crypto on everyday purchases such as travel, online shopping, and anywhere Mastercard … Read more

The crypto industry in India has spotted its chance to lobby for more favorable treatment from New Delhi, according to a Financial Times report on Tuesday. Crypto exchange executives said Prime Minister Narendra Modi’s government’s has become more receptive towards digital assets and has engaged in discussions since Donald Trump’s return to the White House, … Read more

Earlier this month, CoinDesk highlighted the rising demand for the Deribit-listed $300,000 bitcoin BTC call option, noting it as one of the most popular bullish plays for the all-important June quarter expiry. Now, this bet has become the most popular in the impending quarterly expiry, reinforcing its appeal as a “lottery ticket” for traders anticipating … Read more

Alpaca Finance, once a cornerstone on the BNB Chain and an early leader in leveraged yield farming, will shut down operations by the end of 2025 due to an unsustainable business model amid a more competitive and capital-intensive DeFi landscape. The protocol said Monday that it will begin winding down all products, including its original … Read more

A new research paper by Google Quantum AI researcher Craig Gidney shows that breaking widely used RSA encryption may require 20 times fewer quantum resources than previously believed. The finding did not specifically mention bitcoin BTC or other cryptocurrencies, but took aim at the encryption methods that form the technical backbone used to secure crypto … Read more

The Blockchain Group (ALTBG), a Paris-listed firm focused on data intelligence and decentralized technologies, has issued a 63.3 million euro ($71.9 million) in convertible bonds to further its bitcoin BTC treasury strategy. This financing, executed through its Luxembourg subsidiary, highlights a significant push towards expanding the company’s BTC reserves and reinforcing its investor base. A … Read more

Bitcoin BTC was just 1% lower in the past 24 hours, while XRP XRP and dogecoin DOGE slipped 2.5% each, signaling a tepid recovery rather than a firm rebound. Markets were jolted late last week after U.S. President Donald Trump proposed raising tariffs on European imports to 50%, up from a previously discussed 20%. “Bitcoin’s … Read more

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC bull run has stalled, with emerging technical signals pointing to a possible price pullback. The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record … 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. Uniswap’s UNI token surged from $6.00 to $6.65 over the past … Read more

Bitlayer, a Bitcoin Layer 2 built on the BitVM paradigm, has partnered with three of the world’s largest bitcoin BTC mining pools — Antpool, F2Pool, and SpiderPool — in a first-of-its-kind collaboration to accelerate the real-world adoption of BitVM, a breakthrough technology focused on enabling Bitcoin-native DeFi. Bitcoin’s ecosystem has lagged behind other Layer 1s … Read more

After softly rising over the weekend, bitcoin BTC slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at … Read more

Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, is planning to raise $3 billion to buy crypto assets, the Financial Times reported on Monday. The capital raise, which is said to combine an equity raise and convertible bond offering, could be announced at this week’s Bitcoin 2025 … Read more

The Dubai Land Department (DLD), a government agency for the real estate industry, has launched its first tokenized real estate platform as part of a government-backed effort that could see $16 billion worth of real estate digitized by 2033. The platform, called Prypco Mint and developed in partnership with real estate fintech firm Prypco, allows … Read more

Sam Bankman-Fried, the founder and former CEO of the defunct crypto exchange FTX, could be released from prison in December 2044, more than four years earlier than his original sentence called for, according to Business Insider. Convicted in 2023 on seven counts of fraud and conspiracy, Bankman-Fried received a 25-year sentence in March 2024 for … Read more

Ethereum has demonstrated remarkable strength in recent trading, forming a clear uptrend with higher lows and higher highs while reclaiming the critical $2,550 pivot level. The price action shows a convincing rebound from the $2,470-$2,495 demand zone, though technical indicators suggest caution as ETH approaches the significant $2,800 resistance level where on-chain data reveals a … Read more