CoinDesk

U.S. President Donald Trump signed an executive order Thursday to establish a digital asset reserve that retains bitcoin (BTC) and altcoins seized in enforcement actions without making new purchases. The absence of new purchases means that, for now, the so-called reserve serves merely as a strategic stockpile that will not inject any buying pressure in … Read more

Coinbase has acquired the team behind Iron Fish, a privacy-focused blockchain project, to strengthen privacy features on its layer 2 network Base, the company announced. The deal does not include the Iron Fish blockchain or its native token, which will continue to operate independently “and unaffiliated with Coinbase or Base,” under the Iron Fish Foundation. … Read more

Major tokens XRP, dogecoin (DOGE) and Cardano (ADA) plummeted as much as 9% in the past 24 hours after President Donald Trump dashed hopes of a diversified U.S. strategic crypto reserve. Late Thursday, Trump directed his administration to establish a Bitcoin Strategic Reserve to hold bitcoin (BTC) previously seized by the government with an additional … Read more

U.S. President Donald Trump signed an executive order Thursday to establish a strategic bitcoin(BTC) reserve that includes BTC seized by the U.S. government through law enforcement actions. White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings while stressing that … Read more

President Donald Trump has directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the government, and he’s additionally called for a crypto stockpile of other types of assets. At this point, all of the assets contemplated by the order would be those seized in civil or … Read more

Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone’s life could be altered by not being able to prove something like an academic credential, Zaidi set out to … Read more

Several U.S. states are getting closer to putting public money into cryptocurrencies effort, spurred by President Donald Trump since he announced plans to do the same on a federal level. And Texas is now among the leading contenders. On Thursday, the Texas state senate passed the so-called SB 21 bill which would allow the state … Read more

Former FTX CEO Sam Bankman-Fried suggested on Thursday in an interview with conservative pundit Tucker Carlson that one of the reasons he’d been given a harsh prison sentence was because he was getting closer to the Republican Party in the lead-up to his arrest. “One fact that might be relevant. In 2020 I was center-left … Read more

Today, hundreds of millions of people own bitcoin and other tokens hosted on blockchains worth trillions of dollars. Increasingly, though, blockchains host far more than tokens. In fact, blockchains are our future tech stack, and they can host sophisticated Web apps too, which live fully-onchain, just like tokens. These apps are implemented entirely from network-resident … Read more

The $1.5 billion hack of Bybit — the largest in crypto history — has put the entire industry on high alert. The attack, reportedly carried out by North Korea’s Lazarus Group, resulted in the theft of over 401,000 ETH, reinforcing the reality that no exchange is safe from sophisticated cyber threats, and any platform can … Read more

The industry’s ongoing campaign against the debanking of crypto businesses and leaders has secured a legislative push from a top U.S. senator, Tim Scott, who is championing a bill that would cut out federal banking regulators’ ability to use “reputational risk” as a reason to steer banks away from customers. That practice had been cited … Read more

The latest in a series of reversed tariff threats by President Trump isn’t having the hoped-for effect on risk markets at least halfway through the U.S. trading day on Thursday. The stock market initially bounced off a sharply lower opening and bitcoin (BTC) rose through $91,000 as Commerce Secretary Howard Lutnick — in an appearance on … Read more

Blockchain-based asset management firm Superstate said on Thursday it has registered its digital transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission (SEC), a move aimed at bridging tokenized assets with existing financial regulations. Transfer agents help issuers manage shareholder records, process transactions, and distribute dividends. As securities increasingly move on-chain, digital … Read more

After two buggy test runs of Pectra, Ethereum’s biggest upgrade since 2024, the network’s developers decided on Thursday to postpone the upgrade pending further tests. Pectra, which was planned as Ethereum faced mounting pressure to compete with other blockchains, contains a slate of upgrades designed to improve Ethereum’s speed and ease of use. When developers … Read more

In today’s issue, Christopher Jensen from Franklin Templeton cuts through some of the noise and misconceptions about crypto investing in today’s myth-busting article. Then, Pablo Larguia from SenseiNode answers questions about staking rewards in Ask an Expert. –Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe … Read more

The native token of Sui (SUI) surged on Thursday on news that Trump-affiliated decentralized finance protocol World Liberty Financial (WLFI) stroke a “strategic reserve deal” with the layer-1 blockchain project. The agreement includes WLFI adding Sui assets to its crypto holdings, the announcement said. The two projects will also explore “product development opportunities.” SUI jumped … Read more

Shares of bitcoin (BTC) miner Core Scientific (CORZ) were down 15% in pre-market on Thursday after reports that Microsoft (MSFT) has pulled back from some agreements with soon to listed cloud computing firm CoreWeave. Last month, Core Scientific said it was planning a $1.2 billion data center expansion with CoreWeave. This week, CoreWeave filed for … 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 2966.55, up 1.0% (+29.05) since 4 p.m. ET on Wednesday. Ten of 20 assets are trading higher. Leaders: NEAR (+4.4%) and XRP (+4.0%). Laggards: ADA (-5.6%) and APT (-5.1%). … Read more

Crypto asset manager and ETF provider Bitwise has made its first allocation into decentralized finance (DeFi) through a partnership with on-chain credit specialist Maple Finance, the companies said on Thursday. Bitwise’s allocation, the size of which was not disclosed, is leveraging a Maple bitcoin-backed lending product, and represents a significant milestone in the adoption of … Read more

Sam Altman’s blockchain venture, World Network, is breaking into the messaging game with its newest feature: World Chat. The new feature, a “mini app” accessible via the World App wallet, will offer special features to holders of World Network’s digital passport, which lets users scan their iris in exchange for an account that verifies their … Read more

Lombard Finance’s liquid-staking bitcoin token, LBTC, will launch on the Sui blockchain on Thursday, marking its first expansion to a non-Ethereum Virtual Machine (EVM) compatible chain. The expansion extends LBTC beyond the blockchains it currently uses, which include Ethereum, Base, and BNB chains. The token is meant to install bitcoin as collateral on decentralized finance … Read more

Solana’s decision-makers are debating an economic overhaul that could boost SOL’s investment appeal, but critics warn it could knock out small-time validators who contribute to the network’s decentralization. Like so many real-world economic discussions, this one centers on inflation. Any economist can tell you that some is inevitable. For proof of stake blockchains like Solana, … Read more

President Donald Trump is set to announce a significant shift in crypto policy, including plans for a crypto strategic reserve, at Friday’s White House crypto summit, U.S. Secretary of Commerce Howard Lutnick reportedly said. While bitcoin (BTC) is expected to receive special status, Lutnick mentioned that other coins will also be positively regarded. However, the … Read more

Brazilian fintech Méliuz has adopted a new treasury strategy to allocate a portion of its cash reserves into bitcoin (BTC) after it was approved by the firm’s board of directors. The company’s strategy allows up to 10% of its cash holdings to be invested in bitcoin, according to a securities filing on Thursday, as it … Read more

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), formerly MicroStrategy, is the largest issuer of U.S. convertible bonds in 2025, according to their recent post on X. “Strategy is the largest convertible bond issuer again in 2025. Year to date, we represent 30% of the U.S. convertible market, powered … Read more

By Omkar Godbole (All times ET unless indicated otherwise) Both traditional and crypto markets have stabilized in the past 48 hours, but key volatility indices remain elevated, calling for caution for bulls who are expecting a steady move higher. Bitcoin, the crypto market leader, briefly topped $92,700, extending the recovery from lows around $81,500 on … Read more

Stablecoin issuer Tether has frozen $28 million worth of USDT on Russian crypto exchange Garantex. Garantex, which has been sanctioned by the European Union for links to the Russian government and criminal organizations, has suspended all its services temporarily, the exchange announced on Telegram on Thursday. “Tether has entered the war against the Russian crypto … Read more

Asset manager Bitwise has unveiled an exchange-traded product (ETP) tracking bitcoin (BTC) and gold. The Bitwise Diaman Bitcoin & Gold ETP (BTCG), which commenced trading on Euronext Paris and Amsterdam on Thursday, replicates the Diaman Bitcoin and Gold Index. The index dynamically reallocates value between BTC and gold, depending on the risk-adjusted performance of bitcoin, … Read more

Emirates NBD, the bank owned by the government of Dubai, is starting to offer crypto trading through its digital banking subsidiary Liv. Liv is allowing customers to buy and sell cryptocurrencies in its new app Liv X, according to an emailed announcement on Thursday. Dubai has been establishing itself as a crypto hub over a … Read more