CoinDesk

By James Van Straten (All times ET unless indicated otherwise) Bitcoin (BTC) continues to defy global economic uncertainty, inching closer to reclaiming $86,000. It is now less than 3% away from its “Liberation Day” high. To put the move into perspective, bitcoin dominance — which measures BTC’s share of the total cryptocurrency market cap — … Read more

‘Sell bonds, buy bitcoin,’ proclaimed a popular social media account last week, echoing the sentiments of many crypto advocates who believe that tariff-induced volatility in the U.S. Treasury market – a cornerstone of global finance – has revealed the fragility of the dollar-denominated monetary system. However, institutions are not buying into this narrative. As of … Read more

Crypto exchanges Binance and KuCoin temporarily suspended withdrawals amid reported issues with their data center provider Amazon Web Services (AWS). “We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center,” Binance said in an X post. “Some orders are still successful, … Read more

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million. The exploit unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platform’s price oracle system, per blockchain analysis firm Cyvers. An attacker, using … Read more

Trading in financial markets feels like dodging a barrage of stones, each demanding constant vigilance and agility. Just as bitcoin (BTC) and traditional risk assets stabilize after last week’s Trump tariff-led panic, unsettling movements in Japanese bonds emerge, throwing a spanner into the mix. The yield on the 30-year Japanese government bonds rose to 2.88% … Read more

Story Protocol’s IP tokens slumped 20% and retraced the entire move within hours late Monday in an unusual trading session. IP fell from nearly $4 to $3.27 in a four-hour period, jumping back to over $4 in a couple of hours after hitting the daily low. The majority of the trading volume during this event … Read more

Dogecoin (DOGE) shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. “Prominent financial figures have started to warn that the U.S. is heading into an imminent recession, with betting markets placing 40% … Read more

Bitcoin (BTC) drifted ever so gently upwards Monday as the broader market adjusts favorably to trade-related news. The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7% in the same period of time to $1,630. The broad-market CoinDesk 20 Index — … Read more

The Securities and Exchange Commission (SEC) is not yet ready to make a decision on two critical features that issuers of the spot crypto exchange-traded funds (ETFs) are hoping to add to their products. The regulator delayed a decision on whether it will allow in-kind redemptions for WisdomTree’s Bitcoin Fund (BTCW) and VanEck’s Bitcoin Fund … Read more

Circle’s euro-backed stablecoin, EURC, surged to a record supply as mounting U.S. trade tensions and a weakening dollar likely fuel demand for euro-denominated digital assets. EURC’s supply grew 43% over the past month to 217 million tokens worth $246 million, ranking above Paxos’ Global Dollar (USDG) and below Ripple’s RLUSD by market capitalization, RWA.xyz data … Read more

South Korean regulators requested 14 apps from Apple — belonging to unreported foreign crypto operators — be blocked domestically, a statement said on Monday. Crypto exchanges KuCoin and MEXC are among the firms being targeted by the regulator, and domestic access to their apps have been blocked since April 11. CoinDesk reached out to KuCoin … Read more

It’s a big week for those of us tasked with making the case for bitcoin and crypto as an investable asset class. While global markets have been ugly, unpredictable and fragile of late, digital assets held steady with moderate volatility. Bitcoin was up ~ 5% and the CoinDesk 20 Index was up ~ 6% last … Read more

Switzerland-based trading firm Laser Digital, which is part of the Nomura Group, has denied any involvement in the Mantra token flash crash that saw OM lose lose 90% of its value. “Assertions circulating on social media that link Laser to ‘investor selling’ are factually incorrect and misleading,” the firm wrote on X. Laser Digital went … Read more

Vitalik Buterin, the original creator of the Ethereum blockchain, is one of the most recognizable figures of the cryptocurrency industry. He’s often admired in the ecosystem for being highly technical while also deeply philosophical about technology’s role in society. For those that do not follow crypto closely, Buterin starkly contrasts the stereotypical image of a … Read more

Crypto exchange Kraken has begun offering commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs), opening access to traditional financial markets from within the same platform it uses for cryptocurrencies and positioning itself to compete more directly with platforms like Robinhood (HOOD). The move expands Kraken’s business as a growing list of U.S. crypto companies … Read more

Nvidia plans to manufacture its next generation of AI chips and supercomputers entirely in the U.S. for the first time, the company said in a statement on Monday. The move reflects rising demand for AI infrastructure and a broader push to localize advanced tech manufacturing — one that could also benefit crypto miners repurposing their … Read more

XRP, Cardano (ADA), and Solana (SOL) tokens are exhibiting technical strength in a signal of potential short-term price recoveries, data indicates. Bullish patterns—XRP’s $2.00 breakout, ADA’s double bottom at $0.55, and SOL’s rally to above $130—suggest accumulation phases despite broader market volatility. However, a bitcoin drop below $80,000 or intensified macro pressures could limit gains. … Read more

Search giant Google will only allow cryptocurrency exchanges and software wallets to advertise in the European Union if they hold a license under the EU’s Markets in Crypto-Assets (MiCA) regulation, starting April 23, the company announced Monday. Google said advertisers must now obtain a certification from the company and demonstrate they are registered as a … Read more

XRP’s Bullish Momentum Shows No Signs of Slowing XRP continues its impressive upward trajectory, demonstrating remarkable strength with consistently higher lows and higher highs. The recent price action shows resilience, with buyers stepping in at every dip, particularly during the April 12th surge when XRP broke above $2.07 resistance with 240M in trading volume. Market … Read more

Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to a 11.2% decline in the average bitcoin price and a 9.1% drop in transaction fees, the report said. U.S.-listed miners mined 3,534 bitcoin in March versus 3,002 in February, Jefferies said, and these … Read more

As Canada approaches a pivotal election on April 28, 2025, Lucas Matheson, CEO of Coinbase Canada, is positioning the cryptocurrency giant for influence in a market he believes is primed for blockchain innovation. I spoke with him about the cryptocurrency exchange’s expanding presence in Canada, the unique characteristics of the Canadian market, and his vision … 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 2520.12, up 4.4% (+106.71) since 4 p.m. ET on Friday. Nineteen of 20 assets are trading higher. Leaders: SOL (+10.8%) and BCH (+8.0%). Laggards: ICP (-0.7%) and POL (+0.5%). … Read more

Crypto’s moment has seemingly arrived in Washington, D.C., and the industry is trying to make the most of it. But as new organizations hatch and leadership shifts at the top advocacy operations, the field of pro-crypto groups trying to carry the torch is more crowded than ever. No fewer than a dozen groups — including … Read more

JPMorgan (JPM) has added support for British pound-denominated accounts to its blockchain-based payments network Kinexys, as the bank targets a gap left by the stablecoin market’s overwhelming focus on the U.S. dollar. Launched in 2019 under the name JPM Coin, Kinexys allows corporate clients to move funds between JPMorgan accounts and settle foreign exchange trades … Read more

Visa is joining the Global Dollar Network (USDG), a stablecoin consortium convened by U.S. regulated digital asset firm Paxos, alongside cryptocurrency and fintech heavyweights like Robinhood, Kraken and Galaxy Digital, according to two people familiar with the plans. Visa is the first traditional finance incumbent known to be joining USDG, whose initial cohort of members … Read more

Artificial Intelligence tokens have long-term staying power and won’t be another crypto fad like non-fungible tokens (NFTs), even though the industry has already seen its share of flops, Kava Labs co-founder Scott Stuart said in an interview with CoinDesk. “We had this first AI wave, but that wave was projects like Fetch saying, ‘We’re going … Read more

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. In markets, securing the best entry point is often half the battle, as timing and level significantly influence success by skewing the risk-reward ratio in traders’ favor. While bitcoin’s (BTC) near-term outlook may appear constructive with increased demand for bullish … Read more

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) added another 3,459 BTC to its holdings last week, bringing its total bitcoin stash to 531,644 BTC. According to a regulatory filing on Monday morning, the company purchased the additional bitcoin for $285.8 million, at an average price of $82,618 per … Read more

By Omkar Godbole (All times ET unless indicated otherwise) The new week is off to a silent start as bitcoin looks to establish a foothold above the trendline, characterizing the downtrend line from record highs, with $86K emerging as resistance over the weekend. FLR, TRX and SOL beat the broader market, while the RWA protocol … Read more

Ray Dalio is sounding the alarm — not just about a potential recession, but about a deeper, systemic breakdown of the global economic and political order in an interview with CNBC on Sunday. His concerns aren’t just about market volatility; they point to a broader structural fragility. Interestingly, bitcoin (BTC) has been showing resilience amidst … Read more