CoinDesk

Cryptocurrency lender Ledn is removing support for ether ETH and will begin offering a bitcoin-only loan model starting July 1 as it looks to simplify its product and sharpen its focus around bitcoin BTC. The Cayman Islands-registered company may be attempting to broaden its appeal among the corners of the crypto community that say BTC … Read more

What was setting up to be a somewhat sleepy session ahead of the holiday weekend is no more as President Trump woke up and chose to reignite what had been cooling trade tensions. “The European Union … has been very difficult to deal with,” said the president in a Truth Social posting. “Our discussions with … Read more

By James Van Straten (All times ET unless indicated otherwise) Bitcoin BTC is climbing up the asset ranks. The rally that this week took it to new highs has lifted its market capitalization to $2.2 trillion for the first time. It’s already overtaken Amazon (AMZN) and Google (GOOG) to become the world’s fifth-largest asset and … Read more

Hyperliquid’s native token, HYPE, jumped 15% on Thursday, outperforming the broader crypto market, after the team said it submitted formal responses to the U.S. Commodity Futures Trading Commission (CFTC) regarding proposed regulation of perpetual swaps and 24/7 crypto trading. In an X post early Friday, Hyperliquid Labs said it filed two comment letters supporting the … Read more

Major U.S. banks are weighing launching a joint stablecoin to fend off crypto competition. Financial heavyweights like JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC), have held discussion on the subject, the Wall Street Journal reported, citing people familiar with the matter. The talks are still in early stages and … Read more

Bitcoin BTC has entered a strong accumulation phase across all wallet cohorts for the first time since January, signaling renewed bullish sentiment as the largest cryptocurrency trades above $110,000, an 18% gain over the past month. Glassnode’s Accumulation Trend Score has reached its maximum value of 1.0, indicating broad-based, aggressive accumulation by investors irrespective of … Read more

The last time Justin Sun set foot in the U.S. he was Grenada’s WTO ambassador and was navigating the rocky waters of former President Biden’s crypto crackdown. Times have changed. Now, he’s dining at an event hosted by President Donald Trump for the largest holders of his TRUMP memecoin and celebrating a regulatory breakthrough, as … Read more

Attention is turning to major tokens as bitcoin (BTC) set fresh highs earlier this week, with some pointing out that institutional demand and a clear regulatory environment pave the way for strong moves among the top coins. Bitcoin was hovering just under $111,000 during the Asian morning hours on Friday, seeing a slight pullback on … Read more

Robinhood has added two Solana-based memecoins, Moo Deng MOODENG and cat in a dog’s world MEW, to its suite of cryptocurrencies available to trade for U.S. customers. Moo Deng, which is based on a baby pygmy hippo, has risen to a $230 million market cap this month after the meme went viral online in 2024. … Read more

As spot bitcoin BTC exchange-traded funds continue to grow and Wall Street wades deeper into crypto, more and more people are able to gain exposure to digital assets through their individual retirement accounts (IRAs). IRAs offer tax advantages and a range of investment options, including stocks, real estate, commodities and, increasingly, cryptocurrencies. But when it … Read more

Last week’s highly organized breach of cryptocurrency exchange Coinbase (COIN) left behind more questions than answers. While some hailed Coinbase’s response as a “really great example” in dealing with a crisis, the breach has now caused a potentially massive privacy issue that mirrors the Ledger data breach in 2021 — which led to a spate … Read more

Tokenized asset platform Centrifuge said it’s expanding services on the Solana blockchain, starting with the $400 million tokenized U.S. Treasury fund managed by Anemoy (JTRSY). The expansion builds on Centrifuge’s token standard — dubbed “deRWA tokens” — that allows token holders to freely transfer and use tokenized instruments across decentralized finance (DeFi) protocols. In this … Read more

Congressional Democrats threatened lawsuits, introduced legislation and planned protests in the lead-up to U.S. President Donald Trump’s memecoin dinner. Trump, whose affiliated businesses issued the $TRUMP memecoin just days before he was inaugurated for his second term, announced he would host the 220 largest holders of his token for a dinner at the Trump National … Read more

A number of large banks and other traditional financial (TradFi) institutions are set to use the Solana blockchain for their tokenization efforts. R3, a U.K. developer of blockchain technology for financial institutions, is teaming up with the Solana Foundation to bring the former’s clients and their tokenized real-world assets to Solana. Through its blockchain platform, … Read more

The Solana wallet address credited with making Justin Sun the top holder of the TRUMP memecoin for a private dinner and VIP reception with U.S. President Donald Trump later Thursday probably belongs to Sun-linked crypto exchange HTX. Several blockchain explorers, including Arkham Intelligence and SolanaFM, tag the wallet as belonging to the cryptocurrency exchange, which … Read more

Kraken plans to list tokenized shares of Nvidia, Apple, Tesla and over 50 other U.S. stocks and exchange-traded funds (ETFs), the Wall Street Journal reported. The tokens, deployed on Solana SOL, will be known under the name “xStocks” and will be available to trade 24/7 for investors all across the world. Some of the ETFs … Read more

The first-ever U.S.-based exchange-traded fund (ETF) tracking XRP futures on a one-to-one basis started trading on the Nasdaq exchange on Thursday. The Volatility Shares XRP ETF (XRPI) has a gross expense ratio of 1.15% and a net expense ratio after fee waivers of 0.94%. The fund will invest at least 80% of its assets in … Read more

Last week was Consensus Toronto 2025. If you couldn’t attend, CoinDesk has you covered! Listen to amazing global thought leaders, sharing their insights on pertinent topics surrounding the digital asset space on day 1, day 2 and day 3. You can also read the extensive editorial coverage. In today’s Crypto for Advisors, Shivani Phull from … Read more

It’s early days for the global dollar (USDG), a stablecoin that debuted in November, but a thousand firms could join the group that helps popularize the token in return for a share of the yield earned on reserve assets, according to crypto exchange Kraken, one of the founding partners. USDG, whose other backers include trading … Read more

World Liberty Financial, the crypto project backed by U.S. President Donald Trump’s family, announced Wednesday that it bought BUILDon (B), sparking a 1,340% move in the BNB Chain token. The purchase came after BUILDon announced it would be using WLFI’s USD1 stablecoin to create real-world use cases. “We just bought some $B to support the … Read more

Texas is drawing closer to establishing a strategic bitcoin (BTC) reserve after a senate bill to create one was approved by the lower house. The state’s House of Representatives voted in favor of Senate Bill 121 which would establish a “Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority … 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 3347.55, up 4.5% (+143.83) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: AVAX (+11.2%) and NEAR (+7.9%).Laggards: SUI (+2.4%) and XRP (+2.5%). The CoinDesk … Read more

The skalds of Bitcoin Twitter have sung of the historic moment, the “first real world purchase” with bitcoin, and pundits have etched the story into the internet’s memory with headlines about the infamous Bitcoin Pizza Purchase, now dearly valued at more than $1 billion. But what if I told you that Hanyecz spent nearly 10 … Read more

Bitcoin (BTC) project Roxom Global is building a BTC-denominated securities exchange and a 24/7 media network dedicated entirely to bitcoin. Roxom has raised $7.9 million in investment for its exchange from Draper Associates, Borderless Capital, ego death and Kingsway Capital and $10 million in a private funding round for RoxomTV, according to an announcement shared … Read more

Progress on the stablecoin bill in the U.S. could lead to a multi-year crypto bull market, asset manager Bitwise said in a report Tuesday. The Senate agreed to advance the GENIUS Act to a final vote on Monday, the report noted, which means that the U.S. could pass its first piece of crypto legislation this … Read more

Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion. Strategy plans to sell the shares over a period of time, based on market conditions. Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working … Read more

Cetus Protocol, the largest decentralized exchange (DEX) and liquidity provider on the Sui network, has been drained of $260 million worth of tokens in an apparent hack, according to crypto sleuth Lookonchain. The Cetus team has paused the smart contracts and is actively investigating, it said in an X post. According to early analysis, the … Read more

Bitcoin {BTC} galloped to a new record high above $110,000 on Thursday, liquidating around $500 million worth of derivatives positions in its wake, but some traders aren’t buying into the bullish sentiment. Trading volume jumped by 74% in the past 24 hours as traders attempted to position themselves, however the majority of these traders are … Read more

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC surpassed Wednesday’s record to reach an all-time high of $111,875 in the early hours of Thursday, according to the CoinDesk Bitcoin Price Index, as traditional financial markets contended with rising bond yields and renewed concerns over ballooning U.S. debt. The largest cryptocurrency has gained … Read more

Bitcoin (BTC) miner MARA Holdings (MARA) will provide 500 BTC to broker Two Prime for generating yields, the companies said on Thursday. The deal will enhance the existing partnership between the two crypto firms, the SEC-registered Two Prime has provided bitcoin-backed loans to MARA. Recently, MARA announced its first-quarter results which missed Wall Street-estimates. However, … Read more