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
FIFA, football’s global governing body, plans to use Avalanche’s network to power its own dedicated layer-1 blockchain. The FIFA Blockchain is an Avalanche L1, a customizable blockchain that uses Avalanche’s technology (also previously known as a subnet). The news comes as the Avalanche network recently went through its major Avalanche9000 upgrade, aimed at attracting new … Read more
BNB’s impressive 24-hour rally showcases the growing strength of the Binance ecosystem amid broader crypto market optimism. The token’s upward momentum coincides with Bitcoin’s approach toward new all-time highs and increased activity across the BNB Chain, which recently recorded over 8 million daily transactions and 2 million active wallet addresses. Technical indicators remain bullish for … Read more
A single trader has opened a massive $1.1 billion notional long position on bitcoin (BTC) using 40x leverage on the onchain decentralized exchange (DEX) Hyperliquid, a rare instance of a ten-figure position being open entirely on a blockchain-based platform. The trade is tied to wallet address “0x507,” belonging to pseudonymous trader “James Wynn” on the … Read more
Bitcoin’s BTC dollar high succumbed on Thursday as the largest cryptocurrency rose past $111,800, a remarkable 50% gain from its April low near $75,000, but when measured against traditional stores of value like gold and silver, BTC — often dubbed “digital gold” — still has room to advance. The bitcoin-to-gold ratio stands at 33.27 ounces, … Read more
Bitcoin (BTC) Pizza Day is here and it just got its most fitting tribute yet: a new all-time high. Bitcoin surged past $111,800 early Thursday, setting a fresh record. 15 years ago on this day developer Laszlo Hanyecz paid 10,000 BTC for two Papa John’s pizzas, then worth roughly $40. The May 22, 2010, purchase … Read more
“Don’t be surprised if buying activity picks up across the spectrum of products tied to BTC,” CoinDesk said in Tuesday’s edition of the Crypto Daybook Americas, presenting a bullish case for bitcoin. As bitcoin’s (BTC) price jumped to new lifetime highs above $111K during Thursday’s Asian trading hours it spurred record activity in the Deribit-listed … Read more
Bitcoin’s (BTC) price has surged to record highs, sparking optimism among investors. However, expected hedging activities of market makers/dealers, often an invisible force, at certain price levels, may slow the ascent. The leading cryptocurrency topped the $111,000 mark during the Asian hours, with analysts anticipating stronger demand. “The OTC supply may be drying up, driving … Read more
SHIB’s remarkable resilience during the recent trading session demonstrates growing investor confidence despite market turbulence. The token’s ability to recover from a sudden drop to 0.0000143 with extraordinary volume support suggests institutional accumulation rather than retail panic. With the psychological support at 0.000015 holding firm and multiple tests of upper resistance, SHIB appears poised for … Read more
Bitcoin (BTC) broke through $111,000 for the first time early Thursday, setting a fresh all-time high as capital continues to pour into the asset from an increasingly institutional class of buyers. BTC rose nearly 3.5% to touch $111,878 during Asian morning hours, CoinGecko data shows, lifting overall market capitalization 1.7%. Major tokens from xrp to … Read more
As President Donald Trump’s biggest memcoin buyers such as Tron founder Justin Sun bask in his attention over dinner on Thursday, Democratic lawmakers and advocacy groups have arrayed a series of protests and complaint sessions to decry the president’s crypto event as fundamentally corrupt. Trump will host his dinner for more than 200 of his … Read more
Prosecutors have charged Jeremy Jordan-Jones, the self-styled founder of a now-defunct crypto startup called Amalgam, with fraud, alleging that he swindled investors in his “sham blockchain” of more than $1 million, using the money to fund a lavish lifestyle. According to prosecutors, Jordan-Jones painted Amalgam as a tech company that created blockchain-based point-of-sale payment systems, … Read more
Prosecutors in the case against Tornado Cash developer Roman Storm are attempting to to sidestep the possibility that a New York judge forces them to hand over additional evidence that could help Storm’s case. In a Wednesday letter to the court, prosecutors pushed back against Storm’s lawyers’ assertions that they’d failed to meet their so-called … Read more
The race to define the future of money is speeding up—and according to industry leaders, stablecoins are right at the center. “It’s clear that the most important item on our roadmap is understanding how quickly we can move, and it’s obvious that the next three years are the fastest we will ever see in the … Read more
Bitcoin BTC notched a new all-time high of $109,000 on Wednesday, but that’s small consolation for bitcoin miners, who last month were forced to cash in a record number of their BTC reserves, according to mining news outlet TheMinerMag. The firm’s latest research report reveals that public miners sold 115% of their bitcoin production in … Read more
Bitcoin’s BTC surge to a fresh all-time record on Wednesday ran into a brick wall just below $110,000. After hitting a record of $109,754, BTC quickly fell to about 3% to the $106,000 area. At press time, the top cryptocurrency was trading just above $107,000 according to CoinDesk’s Bitcoin Price Index, modestly lower over the … Read more
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Solana To Get Major Design Overhaul Proposal For New Ethereum Nodes to Make Them Easier to Run World Network’s $135 Million Token Sale Solana Seeker … Read more
The U.S. crypto industry’s potential primary watchdog, the Commodity Futures Trading Commission, has a staffing problem at the top, with the last of its sitting commissioners announcing her departure plans before the arrival of the agency’s chairman picked by President Donald Trump. Democrat Kristen Johnson has now joined the other three sitting commissioners in making … Read more
Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers. “Hong Kong’s stablecoins are backed by fiat currency as underlying assets, and we welcome global enterprises and institutions interested in issuing stablecoins to apply in Hong Kong,” legislative council member Johnny Ng said on X … Read more
Sam Altman’s blockchain project World Network has raised $135 million in a private token sale of its WLD token. The sale was to venture capital giants a16z and Bain Capital Crypto and will be used to fund network expansion, the team shared. WLD is higher by 14% on the news. The funding comes as the … Read more
Bitcoin BTC became the world’s fifth-largest asset after hitting a new all-time high on Wednesday, which pushed its market cap to $2.16 trillion. Though the crypto’s price consolidated lower after hitting a high of $109,400, its market cap passed Amazon (AMZN), which stands at $2.15 trillion. Bitcoin is up 16.44% year-to-date while shares of the … Read more
Chainlink’s price action demonstrates remarkable resilience amid mixed global economic conditions. The token has established a well-defined rising channel pattern, with technical indicators supporting continued bullish momentum. After successfully breaking above the 200-day moving average, LINK has maintained its upward trajectory despite short-term resistance. Exchange outflows remain consistently negative, with $11.27 million worth of LINK … Read more
Bitcoin BTC clinched a fresh record price of $109,400, surpassing the peak in January around Donald Trump’s inauguration. According to the CoinDesk Bitcoin Index, the largest and oldest cryptocurrency hit $109,486 on Wednesday during the early U.S. session. BTC surged more than 46% from its April trough induced by mounting freas over global trade war … Read more
The digital assets market has transformed from a niche experiment into a global force reshaping finance, commerce, and technology. In May 2025, the global crypto market is valued at $3.05 trillion, growing at a pace on par with the internet boom in the 90s. A look at the growth curve Historical adoption curves for technologies … Read more
The tokenization of real world assets (RWAs) is gaining recognition from institutions seeking collateral mobility, issuers making private, alternative assets more accessible to retail investors and crypto enthusiasts engaging in more serious conversations as compared to the NFT and memecoin craze of past years. As predicted earlier this year, tokenization is solidifying its position and … Read more
Solana Labs’ mobile team shared Wednesday that it plans to launch its Seeker phone on Aug. 4, in addition to sharing new information about some of its infrastructure framework as well as a new token for its mobile users. The news comes as the new iteration of Solana’s mobile has been in the works for … Read more
Tron founder Justin Sun said he’s the top holder of the TRUMP memecoin, entitling him to attend a private dinner and a VIP reception with U.S. President Donald Trump this week. A Solana address apparently associated with Sun holds roughly $21.9 million worth of the TRUMP coin, placing him at the top of the leaderboard … Read more
Crypto exchange Crypto.com said it bought AN Allnew Investments to gain a license allowing it to offer derivatives across the European Economic Area (EEA). The Markets in Financial Instruments Directive (MiFID) license was issued to Allnew by the Cyprus Securities and Exchange Commission (CySEC), the exchange said in a website posting. It grants the exchange … 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 3206.01, up 1.3% (+41.12) since 4 p.m. ET on Tuesday. Nineteen of 20 assets are trading higher. Leaders: UNI (+7.2%) and AVAX (+3.5%).Laggards: AAVE (-1.6%) and BTC (+0.2%). The … Read more