CoinDesk

A crypto market sell-off extended into its second week as bitcoin (BTC) prices stooped to nearly $80,000 late Sunday, triggering a fresh decline in major tokens and altcoins. Dogecoin (DOGE) and Cardano’s ADA led losses with a nearly 10% slump over the past 24 hours, data shows, with XRP falling more than 7%. BNB Chain’s … Read more

Spanish financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has gotten approval from the country’s financial regulator to offer bitcoin (BTC) and ether (ETH) trading to its clients, according to a Reuters report. The approval come as the Markets in Crypto-Assets (MiCA) regulation takes full effect across the European Union. This approval for BBVA marks the … Read more

Prices of ether (ETH), the native token of Ethereum’s blockchain, fell almost 20% in the seven days to March 9, registering their biggest weekly percentage slide since November 2022, according to data source TradingView. The sell-off has penetrated a bullish trendline that starts with the low registered after the June 2022 crash of Terra’s algorithmic … Read more

Treasury Secretary Howard Lutnick insists the U.S. economy is on solid footing despite concerns from Wall Street that a recession is in the cards. “Absolutely not,” he said on a Sunday edition of Meet the Press when asked if Americans should prepare for a downturn. “There’s going to be no recession in America,” he continued. … Read more

lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000. At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at … Read more

Bitcoin (BTC) bears looked to penetrate key support Sunday, extending a three-day losing streak as macroeconomic concerns overshadowed President Donald Trump’s recent-crypto-related announcements. The leading cryptocurrency by market value slipped over 3% to $83,200, testing the 200-day simple moving average (SMA), according to CoinDesk and TradingView data. Prices have dropped over 10% since putting highs … Read more

Blockchain analytics firm Arkham Intelligence has launched a new tagging system on its platform, allowing users to track cryptocurrency transactions of influential figures in the cryptocurrency space. The feature, announced via a post on X, applies to those with more than 100,000 followers on the microblogging platform, labeling them as “key opinion leaders” or KOLs … Read more

Strategy co-founder Michael Saylor shared a comprehensive cryptocurrency strategy at the White House Digital Assets Summit, arguing that the U.S. can unlock up to $100 trillion in economic value over the next decade by establishing a clear regulatory framework, removing barriers to innovation, and strategically acquiring bitcoin. Saylor outlined a structured approach to these assets, … Read more

Brazil’s state-owned postal service, Empresa Brasileira de Correios e Telégrafos, has launched a pre-selection process for companies and specialists in blockchain and artificial intelligence (AI) to develop solutions for its logistics and operational management. The tender, published in the country’s official journal Diário Oficial da União on Friday, seeks proposals that support the digital transformation … Read more

Volatility Shares, an asset manager known for launching innovative exchange-traded funds (ETFs), has filed for three new products centered on XRP. These include a spot XRP ETF, a 2x leveraged XRP ETF and an inverse -1x XRP ETF. The spot XRP ETF is designed to track the price of the cryptocurrency directly, while the 2x … Read more

A $150 million theft targeting Ripple co-founder Chris Larsen has been traced back to a security lapse involving the password manager LastPass, according to a forfeiture complaint filed by U.S. law enforcement on March 6 flagged by blockchain sleuth ZachXBT. ZachXBT shared that the complaint detailed how Larsen’s private keys — or code to access … Read more

The much-anticipated White House Crypto Summit on Friday ended with a whimper rather than a bang for cryptocurrency traders, sending altcoins like XRP, Cardano’s ADA, and Solana’s SOL into steeper declines than market leader bitcoin (BTC). Investors had pinned high hopes on President Donald Trump’s pro-crypto stance, expecting bold announcements about a U.S. strategic crypto … Read more

Crypto exchange and custodian Gemini has confidentially filed for an initial public offering (IPO), Bloomberg reported, citing people familiar with the matter. The firm, founded by billionaire Cameron and Tyler Winklevoss, is working with Goldman Sachs and Citigroup, the report said, noting that no final decision has been made on the listing. The potential IPO … Read more

WASHINGTON, D.C. — As he walked out of the White House’s crypto summit on Friday, Coinbase CEO Brian Armstrong said his U.S. exchange is planning to hire a thousand people because of the policy progress the industry seems to be making at the beginning of President Donald Trump’s second term. “It’s only been, what, 50 … Read more

Federally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency (OCC) said, in a new interpretive letter and statement. In a new interpretive letter, the OCC clarified that national banks and federal savings associations can legally provide crypto custody, conduct certain stablecoin-related activities, … Read more

Crypto exchange Kraken is considering an initial public offering (IPO) by the first quarter of 2026, as the company believes the regulatory environment in the U.S. has sufficiently changed to make a public listing viable, Bloomberg reported, citing people familiar with the matter. Like many other companies and executives in the digital assets industry, the … Read more

WASHINGTON, D.C. — President Donald Trump assured the crypto sector that it’s on new ground in a first-ever summit at the White House on Friday, illustrating what the industry suspected: It’s got friends at every level in Washington. “I know that many of you have been fighting for years for this, and it’s an honor … Read more

Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.S. Department of Justice (DOJ). On Thursday, a coalition of law enforcement agencies from the U.S., Germany and Finland seized Garantex’s domains and servers, and froze … Read more

As crypto executives gathered for a White House Summit Friday and officials clarified plans for a Crypto Reserve, there was one big winner: Bitcoin. In a Sunday March 2 social media message, President Trump had outlined a Reserve plan to include ETH, SOL, ADA and XRP alongside BTC. But, by Thursday night March 6, when … Read more

Cardano’s ADA, XRP and Solana’s SOL slid on Friday after a White House official backpedaled on President Trump’s recent announcement that he would sign an executive order instructing the Presidential Working Group to move forward with the creation of strategic crypto reserve comprised of ADA, XRP, SOL, bitcoin and ether. “I think the president just … Read more

Along with stocks in general and crypto markets in particular, it’s been a rough few weeks for Coinbase (COIN), its shares sporting a decline of about 30% since mid-February and a 40% drop since hitting a 52-week high in early December. Investment firm Rosenblatt spies opportunity, saying investors will benefit from buying the dip as … Read more

Bitcoin (BTC) staking layer Core has teamed up with Singapore-based custodian Cobo to expand its institutional reach into the Asia-Pacific (APAC) region. Core, issuer of the liquid-staking token lstBTC, will enable Cobo’s institutional clients to earn a return on BTC holdings while maintaining full control over their assets, according to an emailed announcement shared with … Read more

President Donald Trump’s order to establish a bitcoin (BTC) reserve is meant to set up the original cryptocurrency as a U.S. reserve asset that deserves special treatment apart from other crypto assets, according to a senior White House official. The order’s additional crypto stockpile of other assets will only gather those obtained by the U.S. … Read more

Cryptocurrency markets are likely to remain under pressure in the short term owing to a lack of positive catalysts and skepticism about whether Congress will approve a U.S. strategic crypto reserve, JPMorgan (JPM) said in a research report Wednesday. “Not only is there skepticism about congressional approval for such a strategic crypto reserve, but also … Read more

Coworking summits at the mtnDAO hacker house come and go. But mtnCapital trades forever. The monthlong Solana developer meetup will launch its token ($MTN) at the end of March, co-founders Barrett and Edgar Pavlovsky exclusively told CoinDesk. That much was always expected from a famously pro-token team. More intriguing is what the token does. MTN … 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 2918.27, down 0.2% (-6.41) since 4 p.m. ET on Thursday. Thirteen of 20 assets are trading higher. Leaders: HBAR (+7.0%) and DOT (+5.2%). Laggards: AAVE (-2.9%) and ADA (-2.9%). … Read more

Solid strength in the U.S. employment market continued in February, though the unemployment rate ticked higher. Nonfarm payrolls rose 151,000 last month, the Bureau of Labor Statistics reported Friday morning. Economist forecasts had been for a gain of 160,000. January payroll growth was revised lower to 125,000 versus an originally reported 143,000. The February unemployment … Read more

Fold Holdings, Inc. (NASDAQ: FLD) has increased its bitcoin (BTC) treasury by 475 BTC, bringing its total holdings to over 1,485 BTC. This move secures Fold’s position among the top ten U.S. public companies with the largest bitcoin treasuries. Acquiring bitcoin through a convertible note at a 100% premium, Fold reinforces its strategy of bridging … Read more

The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies. According to Bloomberg data from Global Macro Investor, the index’s one-week percentage drop has exceeded a negative four standard deviation move—a rare event that has only occurred … Read more

By James Van Straten (All times ET unless indicated otherwise) Was it worth the wait? President Donald Trump finally delivered on his electoral promise on Thursday, signing an executive order to establish the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. You’d expect bitcoin (BTC) bulls to rejoice, but the price of the largest cryptocurrency … Read more