EOS Network, known for its scalable blockchain infrastructure, is rebranding to Vaulta as it pivots toward Web3 banking. The transition comes with a token swap that is provisionally scheduled for the end of May. It also comes with the launch of the Vaulta Banking Advisory Council, a group of financial and blockchain industry experts focused … Read more
Financial technology and crypto firms are applying for state or national bank charters, aiming to expand their business under the more crypto-friendly Trump administration as industry executives report a notable uptick in charter discussions and applications, Reuters reports. “We have seen a lot more interest. We are working on several applications now,” Alexandra Steinberg Barrage, … Read more
After a couple of sessions of good vibes, risk markets headed back into retreat on Tuesday, one day ahead of the results of this week’s U.S. Federal Reserve policy meeting. Bitcoin was trading at $81,300 at press time, lower by 3.5% over the past 24 hours. Solana (SOL), ether (ETH) and XRP were posting modestly … Read more
Crossmint, a blockchain infrastructure firm helping companies build on-chain applications, has raised $23.6 million in funding. The company, which has over 40,000 users, aims to simplify blockchain adoption by enabling firms to integrate wallets, tokenization, and payments with minimal code, according to a statement on Tuesday. Crossmint users, including big brands Adidas and Red Bull, … Read more
Solana doesn’t yet have an exchange-traded fund, but one of the asset’s biggest backers is betting the Wall Street-friendly vehicle could come in 2025 — and believes it’s well-positioned to trounce Ethereum’s various similar products. Multicoin Capital’s Kyle Samani — a major investor in SOL and countless subordinate protocols — has been publicly pressing the … Read more
Crypto market regulatory clarity was cited as the top catalyst for growth in the digital asset industry, according to a survey by crypto exchange Coinbase (COIN) and consulting firm EY-Parthenon (EYP). Coinbase and EY Parthenon surveyed 352 institutional investors between Jan. 13 and Jan. 24 this year. 86% of those surveyed said they had exposure … Read more
Nasdaq officially asked the U.S. Securities and Exchange Commission (SEC) to allow Swiss asset manager 21Shares list and trade shares of a polkadot (DOT) exchange-traded fund (ETF). The exchange submitted a 19b-4 filing to the SEC, asking for permission to list the ETF if it is approved by the regulator. The proposed fund would track … Read more
Tech giant Microsoft shared a new report warning of malware that targets 20 of the most popular cryptocurrency wallets used with the Google Chrome extension. Microsoft’s Incident Response researchers raised alarms of a new remote access trojan (RAT), dubbed StilachiRAT, which could deploy “sophisticated techniques to evade detection, persist in the target environment, and exfiltrate … Read more
Cryptocurrency market maker Keyrock is launching a new entity in the U.S. and opening an office in New York, the company said in a press release on Tuesday. Robert Valdes-Rodriguez, Keyrock’s chief commercial officer, will lead the development of the New York business, the company said. Valdes-Rodriguez has more than 25 years of experience in … Read more
Strategy (MSTR) Tuesday morning unveiled its latest twist at raising funds from capital markets to fund additional bitcoin (BTC) purchases, but there are indications the Wall Street spigot is slowing. The company’s Perpetual Strife Preferred Stock (STRF) offers a fixed 10% annual cash dividend, paid quarterly, according to an SEC filing If dividends are unpaid, … Read more
Tokenized Treasury products of BlackRock-Securitize, Superstate and Centrifuge are poised to receive allocations from $1 billion investment plan initiated by Sky, formerly MakerDAO, an initiative designed to accelerate the adoption of real-world asset (RWA) tokenization on Sky-adjacent decentralized finance (DeFi) lending platform Spark. BUIDL, issued by BlackRock and Securitize and backed by U.S. Treasury bills … Read more
Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors. Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of … 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 2571.75, down 3.3% (-88.79) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: APT (-0.2%) and BCH (-0.7%). Laggards: LTC (-5.6%) and FIL … Read more
In case you haven’t looked, it’s Tuesday. For bitcoin traders, that could mean some big price swings. According to Amberdata, Tuesdays have been the most volatile day of the week thus far in 2025, particularly over the past month, where realized volatility has averaged 82. Realized volatility measures the standard deviation of returns from the … Read more
BX Digital received regulatory approval from the Swiss markets regulator to operate a digital asset trading and settlement platform, becoming the first of its kind in the country, it said. The license from the Financial Market Supervisory Authority (FINMA) allows the Zurich-based company to function as a distributed ledger technology (DLT) trading facility, streamlining transactions … Read more
Xapo Bank, a wealth manager for long-term holders of bitcoin, said it is offering its members BTC-backed loans of up to $1 million. Crypto lending became something of a bête noire in recent years following a series of high profile collapses and bankruptcies that shook the crypto industry. But crypto-backed loans are now making a … Read more
Solana infrastructure project Jito on Tuesday claimed its protocol’s flagship token, JitoSOL, is not a security. That a crypto project would believe such a thing of its $2.4 billion asset is hardly surprising. More interesting: the very public method with which Jito delivered its opinion. Jito Foundation’s new “Securities Classification Report” explains in 24 footnoted … Read more
Artificial intelligence (AI)-focused blockchain protocol Halliday said it raised $20 million to help fund development of its Agentic Workflow Protocol (AWP), which aims to speed development of decentralized finance (DeFi) applications and avoid the need for programmers to write smart contracts. The Series A funding round was led by venture capital giant Andreessen Horowitz’s (a16z) … Read more
The crypto industry is expected to join the financial mainstream in the U.S. as the regulatory environment improves, and Coinbase (COIN) is well positioned to benefit from these tailwinds, broker Bernstein said in a report Monday. Bernstein initiated coverage of the crypto exchange with an outperform rating and a $310 price target. The shares dropped … Read more
The crypto market was little changed-to-lower on Tuesday, with dogecoin (DOGE) and XRP leading declines among major tokens with losses of just over 3% in the past 24 hours. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, fell 2%. The lack of volatility comes as bitcoin (BTC) traders largely brace for … Read more
Stablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings are increasingly in demand with a cooldown in crypto prices. Peregrine Exploration, the development firm behind Level, received another $2.6 million led by early backer Dragonfly Capital with Polychain also participating, founders David … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) traded around its 200-day average of $84,000 as the notorious Hyperliquid whale exited its multimillion dollar short BTC position. Smaller coins like CAKE, TKX, OKB and ATOM contributed to market optimism with positive performances. The SUI token struggled to extend Monday’s 6% surge, which … Read more
A contentious proposal in the Cronos ecosystem drew to a close late Monday, with the community voting in favor of the token supply growing from 30 billion CRO to 100 billion CRO over a 10-year vesting period. That, however, happened after weeks of the community leaning against the switch whilst a few CRO whales — … Read more
Gold has surged to a new all-time high, surpassing $3,025 per ounce to mark an increase of over 15% in since the turn of the year. Meanwhile, bitcoin is lagging (BTC), down 10% year-to-date. Several factors have contributed to gold’s rally, including significant inflows into gold ETFs and its traditional role as a safe-haven asset … Read more
A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy’s (MSTR) price chart. The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn … Read more
Tether, the issuer of the USDT stablecoin, increased its holdings in bitcoin (BTC) miner Bitdeer (BTDR), building on a investment it started almost a year ago. The company financed the acquisition with working capital and now owns 21% of the company, according to a Securities and Exchange Commission filing. Tether first acquired a position in … Read more
Japan’s Metaplanet has issued more zero-interest bonds as the listed company looks to asquire more bitcoin (BTC). The company said today in a notice to shareholders that it issued 2 billion yen ($13.4 million) in zero-interest ordinary bonds for buying BTC, with Evo fund once again acting as the sole bondholder. These bonds carry no … Read more
The calm that has returned to the bitcoin (BTC) market may be short-lived, potentially setting the stage for a storm that could trigger significant price volatility, according to insights from the decentralized crypto on-chain options platform Derive. Since March 12, BTC has settled in the $80K-$85K range in a consolidation typically seen after a notable … Read more
The Bitcoin (BTC) bull market is over, according to crypto research firm CryptoQuant’s founder Ki Young Ju. Ju posted on X that he is expecting 6-12 months of bearish or sideways price action as the BTC bull run loses steam, citing declining liquidity in the market. “New liquidity is needed. The on-chain realized cap has … Read more
The Solana Foundation nixed an ad widely criticized for being anti-queer late Monday, nearly nine hours after seemingly invoking the culture wars as a mechanism to boost conference attendance. The now-deleted spot imagines “America” in therapy. A human embodiment of the nation desperately wants to think big – about tech, crypto, space travel. But he … Read more