Nano Labs (NA), a Nasdaq-listed designer of high-throughput computing chips, has struck a private agreement to sell $500 million in convertible notes that mature in 360 days to buy Binance’s BNB BNB token for its balance sheet. The unsecured notes will carry no coupon and can be swapped at any time for the company’s Nasdaq-traded … Read more
Following a period of volatility where prices swung between $2.72 and $2.93, strong buying emerged for toncoin TON at lower levels, according to CoinDesk Research’s technical analysis model. The coin is up 3% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, … Read more
Top U.S. senators have shared the outline of what they’re after in the effort to establish rules of the road for domestic crypto markets, releasing a set of principles on Tuesday as they prepare to further hash out their intentions in an afternoon hearing. The crypto industry is excited about the recent progress of stablecoin … Read more
U.S. Federal Reserve Chairman Jerome Powell offered little change in stance from his recent remarks, reiterating that the economy is in a good spot, giving the central bank the room to be patient before considering easing monetary policy. “For the time being, we are well positioned to wait to learn more about the likely course … Read more
Mastercard (MA) is doubling down on stablecoins with a series of partnerships and product expansions aimed at embedding regulated digital dollars into the everyday payments network. The payments giant said on Tuesday it will integrate several stablecoins including PayPal’s PYUSD, the Paxos-led Global Dollar (USDG) and Fiserv’s recently unveiled FIUSD into its global network, which … Read more
Blockchain-based prediction market Polymarket is edging closer to a $200 million raise at a $1 billion valuation, The Information reported, citing people familiar with the plan. Peter Thiel’s Founders Fund is said to be leading the round, the report added. The $200 million figure includes $50 million that was raised in previously unannounced funding. According … Read more
Chainlink and Mastercard have linked their networks so more than three billion Mastercard holders can purchase cryptocurrencies directly on-chain. The service folds several players into a single flow. Shift4 processes the card payment, zerohash custodies fiat currency and delivers crypto liquidity, while XSwap and Uniswap execute the final token swap on decentralized markets. Chainlink’s interoperability … Read more
Strategy (MSTR) is currently experiencing its lowest 10-day realized volatility since it first added bitcoin {BTC} to its balance sheet in 2020, according to Jeff Park, Head of Alpha Strategies at Bitwise Asset Management. Realized volatility refers to the actual historical movement of an asset’s price over a specific period, in this case ten days. … 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 2967.37, up 4.0% (+114.4) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: LINK (+8.4%) and NEAR (+8.2%). Laggards: LTC (+1.6%) and BCH (+2.0%). The … Read more
Crypto asset manager Grayscale has unveiled an investment trust providing exposure to SXT, the native token of the Space and Time blockchain. The Grayscale Space and Time Trust is now available to eligible individual and institutional investors, the asset manager announced via email on Tuesday. Space and Time, which is backed by Microsoft’s venture capital … Read more
Uncertainty in the Middle East between Iran and Israel continues to shape cryptocurrency performance as ATOM demonstrates remarkable strength with a decisive breakout. The cryptocurrency surged from $3.787 to $4.042, establishing new support above the psychological $4.00 level with strong buyer conviction. Technical Analysis ATOM-USD demonstrated a 6.73% gain over 24 hours, with a total … Read more
Bitcoin BTC mining profitability rose by 18.2% in May, due to a 20% increase in the BTC price and a modest 3.5% gain in the network hashrate, investment bank Jefferies said in a research report on Monday. “BTC’s rally follows the recent gold rally as investors seek inflation-protected assets in anticipation of ballooning fiscal deficits … Read more
A new strain of mobile spyware, dubbed SparkKitty, has infiltrated Apple’s App Store and Google Play, posing as crypto-themed and modded apps to stealthily extract images of seed phrases and wallet credentials. The malware appears to be a successor to SparkCat, a campaign first uncovered in early 2025, which used fake support chat modules to … Read more
By Omkar Godbole (All times ET unless indicated otherwise) “Always fade geopolitics,” the founders of the LondonCryptoClub newsletter said Monday as bitcoin BTC fell below $100,000 after Iran fired missiles at U.S. airbases in the Middle East. It looks like they were right. BTC quickly reversed its drop and has since topped $105,000, restoring spirits … Read more
Ethereum could soon run twice as fast. That’s according to a new proposal floated by core developer Barnabé Monnot to reduce the network’s slot time from 12 seconds to 6 seconds, effectively doubling the number of blocks produced per minute. The idea, part of EIP-7782, could be included in the upcoming Glamsterdam upgrade slated for … Read more
Mining difficulty on the Bitcoin BTC blockchain is on course to drop by the most since July 2021 after the amount of mining power securing the network slid about 30% in two weeks. According to data from Mempool.space, a downward difficulty adjustment of around 9% is projected within the next five days. That would be … Read more
VMS Group, a Hong Kong family office with just under $4 billion in assets under management (AUM), is venturing into crypto for the first time, Bloomberg reported on Monday. The firm has earmarked up to $10 million to investment strategies run by decentralized finance (DeFi) hedge fund Re7 Capital, partner Elton Cheung told the news … Read more
E-mini Nasdaq-100 (NDX) futures rose over 1% Tuesday, narrowly missing the record high $22,425 hit Dec. 17, according to data source TradingView, a sign that might embolden bitcoin BTC bulls because the two tend to move in tandem. More evidence comes from the daily chart of NDX futures, which flashed a bullish golden cross, with … Read more
The Federal Housing Finance Agency (FHFA) will study whether crypto holdings should count when Americans apply for a mortgage, Director Bill Pulte said on X. The review, will look at how assets, such as bitcoin BTC might fold into the income-and-wealth checks at Fannie Mae, Freddie Mac, and the 11 regional Federal Home Loan Banks, … Read more
EMBARGO: 9.30 AM BST ON 24 JUNE Digital Asset, the builder of privacy-focused blockchain Canton Network, raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets, the companies said on Tuesday. The round also included a mix of big-name institutions from traditional finance and crypto, including BNP Paribas, Circle … Read more
Metaplanet’s (3350) board of directors has approved a capital injection of up to $5 billion for its U.S. subsidiary, Metaplanet Treasury Corp, in a bid to speed up its bitcoin BTC acquisition strategy. The Japanese hotel company set up its Florida-based subsidiary on May 1, aimed at expanding its global bitcoin treasury operations. The contribution … Read more
Multiple analysts have repeatedly pointed to $120,000 as bitcoin’s BTC price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend, and technical setup. Let’s take a look at those in detail. BTC’s love affair with $100K Recently, a crypto trader … Read more
Dogecoin surged 6.56% over the past 24 hours, bouncing from a two-month low of $0.1508 to a session high of $0.1632, as traders stepped in aggressively following a technical breakout. The move came amid heightened geopolitical tensions between the U.S. and Iran, which triggered broad volatility across crypto markets but failed to derail DOGE’s momentum. … Read more
A fragile calm swept across risk assets on Tuesday as U.S. President Donald Trump claimed to have brokered a ceasefire between Israel and Iran, sparking a rally in crypto majors. “Officially, Iran will start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE and, upon the 24th Hour, an Official END to … Read more
XRP is pushing higher despite escalating global turmoil, surging 11% over the past 24 hours to reclaim the $2 mark. The rally comes after a turbulent weekend driven by U.S. and Israeli military activity in the Middle East, which briefly pushed the token below key psychological support. Now back above $2.17, XRP is testing fresh … Read more
Ark Invest is continuing to take profit from its bet on Circle’s meteoric run as a listed firm. It also bought 4,198 shares of Coinbase, worth $1.3 million and 319,640 shares of Robinhood, worth $24.4 million. The Cathie Wood-led investment firm sold 415,855 shares of Circle across its various ETFS, valued at $109.6 million based … Read more
Ether (ETH) ETH is trading at $2,420, up 8.61% over the past 24 hours, after surging sharply in the hours following former U.S. President Donald Trump’s unexpected announcement of a ceasefire agreement between Israel and Iran, according to CoinDesk Research’s technical analysis model. The move appears to have reversed recent war-driven market anxiety, fueling renewed … Read more
A wild 72-hours of price swings continued in crypto late in the U.S. day on Monday after President Trump took to Truth Social to proclaim a “complete and total” ceasefire between Iran and Israel. “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in … Read more
Shares of stablecoin issuer Circle (CRCL) soared to a fresh record high on Monday extending their explosive rally since its IPO and making the company worth almost as much as its flagship token’s market capitalization. Shares were up another 22% at one point Monday morning, hitting a record high just shy of $299, before giving … Read more
We may be on the verge of a revolution in monetary finance that is the century-long dream of many prominent economists. Financial innovation is laying the foundation for their dream just as the U.S. political economy is shifting to support it. This revolution, if it proceeds, has major implications for global finance, economic development, and … Read more