As bitcoin (BTC) and ether’s (ETH) recovery rally gathered momentum Tuesday, the perpetual futures market saw an even more pronounced increase in open interest, pointing to growing investor confidence as the Trump administration dialed back on its trade-tariff, anti-Fed rhetoric. BTC, the leading cryptocurrency by market value, rose 6.79% nearly topping $94,000 for the first … Read more
Bitcoin (BTC) has become the fifth-largest asset by market capitalization, reaching $1.86 trillion and surpassing Google (GOOG) as it breaks through $94,000. This marks the highest position bitcoin has ever attained in the rankings, even though its market cap previously exceeded $2 trillion when its price was over $109,000. At that time, however, tech stocks … Read more
A threat actor seemingly exploited an XRP Ledger’s developer access token to publish illicit code to the burgeoning network in a move that could have been “catastrophic” for the network, the security team that spotted the issue said in an update. Charlie Eriksen, a researcher at Aikido Security who first spotted the problem, said a … Read more
Cardano’s ADA and ether (ETH) zoomed more than 14% in the past 24 hours, leading gains among major cryptocurrencies, as bitcoin (BTC) crossed $93,500 late Tuesday on renewed hopes of a tempered approach to the tariff wars. BTC jumped 6.5%, with Solana’s SOL, XRP and BNB Chain’s BNB all adding 8%. Major memecoins dogecoin (DOGE) … Read more
In a rare legal defeat for the U.S. Securities and Exchange Commission, the agency has formally dropped its fraud case against Richard Schueler, better known as Richard Heart, founder of the crypto projects HEX, PulseChain, and PulseX. On April 21, the SEC informed the Eastern District Court of New York it would not amend its … Read more
Futures bets against higher crypto prices lost over $500 million in the past 24 hours as a surge higher, buoyed by a possible cooldown of China tariffs by the U.S., led to the largest short liquidations since October. Bitcoin (BTC) rose from Tuesday’s low of $88,000 to above $93,500 in Asian morning hours, data shows, … Read more
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported. The special purpose acquisition company (SPAC), dubbed Cantor Equity Partners, raised $200 million in January and will help form a new firm, 21 … Read more
Tesla (TSLA) still holds almost $1 billion in bitcoin, according to the automaker’s latest earnings report. The electric vehicle firm reported digital asset holdings worth $951 million as of March 31, down from $1.076 billion on Dec. 30. Tesla currently holds 11,509 bitcoin in its balance sheet, according to Bitcoin Treasuries data. The change is … Read more
Bitcoin (BTC) surged past $91,000 on Tuesday, climbing nearly 5% amid renewed investor optimism and fresh hopes of a thaw in U.S.-China trade tensions, but headwinds persist that could cap further upside, analytics firm CryptoQuant cautioned. The largest crypto by market capitalization hit $91,700 in the U.S. afternoon, its strongest price since early March. Altcoins … Read more
Unicoin has rebuffed the U.S. Securities and Exchange Commission’s (SEC) attempt to negotiate a settlement agreement to close an ongoing probe into the Miami-based crypto company, its CEO Alex Konanykhin revealed in a Tuesday letter to investors. In his letter, Konanykhin said Unicoin was given an “ultimatum” by the SEC to attend a settlement negotiation … Read more
Crypto-related stocks surged on Tuesday, riding the momentum of a broader crypto rally that has reignited risk appetite across digital assets with bitcoin (BTC) crossing above $90,000. Shares of Strategy (MSTR), the largest corporate BTC holder, and crypto exchange Coinbase (COIN) were up 8% to 9% during the session. Leading the move higher were bitcoin … Read more
There are many developers around the world today creating artificial intelligence (AI) agents that can autonomously do millions of useful things, like book airline tickets, dispute credit card charges, and even trade crypto. A recent report from cloud computing company PagerDuty said over half of businesses already use autonomous AI agents, and 35% more plan … Read more
DeFi is getting a boost from the emergence of a host of new blockchains such as BeraChain, TON, Plume, Sonic and many others. Each new chain brings with it a flood of incentives, enticing users with yields that echo the early days of yield farming in 2021. But is any of this sustainable? As every … Read more
Avalanche’s AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index (DLCS), has demonstrated exceptional bullish momentum, surging from 1403.33 to 1461.17 in the last 48 hours, representing a 4.12% gain, while the overall range spans 95.56 points … Read more
Janover (JNVR), the real estate-focused fintech company with a Solana (SOL) treasury strategy, has been renamed to DeFi Development Corp and purchased another $11.5 million worth of SOL tokens, the firm said on Tuesday. The move brings the company’s total SOL holdings to 251,842, including staking rewards, the company said. That’s valued at around $36.5 … Read more
Bitcoin decentralized finance (DeFi) developer Arch Labs raised $13 million in funding toward building “ArchVM,” which the developers say will provide smart-contract functionality on the original blockchain. The funding round, which valued the company at $200 million, was led by Pantera Capital, according to an announcement on Tuesday. Arch’s plans to enable decentralized applications and … Read more
TAO, the native token of AI-focused blockchain Bittensor, has been causing tension on X between Digital Currency Group founder Barry Silbert and staunch supporters of bitcoin (BTC), the original and largest cryptocurrency. Author and bitcoin supporter Parker Lewis called Silbert and Raoul Pal, the presenter of The Journey Man podcast, a group of “affinity scammers” … Read more
The European Central Bank is seeking changes to the European Union’s Markets in Crypto Assets legislation (MiCA) just months after the regulation took effect because it’s concerned U.S. support for crypto could lead to economic damage in the 27-nation bloc, Politico reported Tuesday. The bank is demanding a rewrite of MiCA, whose stablecoin provisions came … Read more
Matter Labs, the company behind layer-2 blockchain ZKSync, has been sued by BANKEX, a defunct digital asset banking platform, for intellectual property theft. Former BANKEX employees Alexandr Vlasov and Petr Korolev stole the company’s technology to start Matter Labs, which received over $450 million in venture capital funding and has become a major player in … Read more
Paul Atkins has taken the oath to formally become chairman of the U.S. Securities and Exchange Commission, which returns Mark Uyeda to his previous role as a Republican Commissioner after three busy months of service as the agency’s stand-in chief. Atkins permanently replaces the former chair, Gary Gensler, who the crypto industry had widely seen … Read more
As the crypto space consolidates, MoonPay is quietly becoming the infrastructure layer for the next wave of Web3. With over 30 million verified users across 160 countries and a fully licensed global stack, the company is enabling everything from fiat onramps to embedded DeFi experiences. Originally launched to make wallet top-ups seamless via Apple Pay … Read more
Analog, a blockchain project looking to improve unified liquidity across multiple networks, said it raised $15 million through a token sale. Digital asset financier Bolts Capital completed the token purchase to bring Analog’s total backing to $36 million, according to an emailed announcement shared with CoinDesk on Tuesday. Analog plans to use the capital to … Read more
Bitcoin (BTC) surged to $90,000 for the first time since March 7, adding more than 5% in the past five days as the paths of the largest cryptocurrency and traditional equities diverge. In comparison, the S&P 500 was trading above 5,700 points on March 7 and has since slipped below 5,200. Despite the recent bounce, … 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 2556.62, up 2.1% (+52.39) since 4 p.m. ET on Monday. Fifteen of 20 assets are trading higher. Leaders: SUI (+7.5%) and POL (+7.5%). Laggards: FIL (-4.5%) and XLM (-1.6%). … Read more
Tally, a leader in on-chain governance tooling, has secured $8 million in Series A funding aimed at scaling its governance technology to more crypto-native decentralized autonomous organizations (DAOs). Tally is best known for the Tally Protocol, which powers infrastructure to help leading protocols conduct effective on-chain governance of their DAOs, including Arbitrum, Uniswap DAO, ZKsync, … Read more
Dutch bank ING is working on a stablecoin, looking to take advantage of Europe’s new cryptocurrency regulations that came into force last year, according to two people with knowledge of the plans. ING’s stablecoin project could take the form of a consortium effort involving other banks and crypto service providers, both people said. “ING is … Read more
Some members of the bitcoin (BTC) mining industry are in the habit of routinely undervaluing mining rig shipments with the U.S. Customs and Border Protection (CBP) in order to reduce customs duties, multiple people familiar with the practice told CoinDesk. Now that the Donald Trump administration is raising tariffs on most goods brought from around … Read more
Aave users can start supplying and borrowing Ripple’s RLUSD stablecoin on the decentralized lending platform’s V3 Ethereum Core market, Aave said in a Monday post on X. The peer-to-peer loans market has a supply cap of 50 million RLUSD and a borrow cap of 5 million RLUSD. RLUSD is a stablecoin pegged 1:1 to the … Read more
By James Van Straten (All times ET unless indicated otherwise) “There are decades where nothing happens; and there are weeks where decades happen.” Vladimir Ilyich Lenin Few quotes better capture the current turbulence in global markets. For decades, the classic portfolio of 60% equities and 40% bonds was considered the cornerstone of balanced investing. This … Read more
Bitcoin (BTC) is on the cusp of breaking out relative to the Nasdaq 100 Composite, with the current BTC/Nasdaq ratio sitting at 4.96. This means it now takes nearly five Nasdaq units to match the value of one bitcoin. The previous record of 5.08 was set in January 2025, when bitcoin hit its all-time high … Read more