Solana’s validators experienced a record influx of over 100,000 SOL, worth nearly $25.8 million, in fees and tips due to intense trading activity of the TRUMP and MELANIA tokens. The peak occurred on Jan. 20, with validators receiving over 87,000 SOL, driven largely by the TRUMP token’s rally, before MELANIA attracted bets. The surge in … Read more
TRUMP memecoin riches have spurred billions of dollars for the newly sworn-in U.S. President Donald Trump, an amount he termed as “peanuts” compared to corporate bigwigs in his first address of the token since launch. “I don’t know much about it other than when I launched it. I heard it was successful,” Trump said in … Read more
Privacy-focused digital assets might make some noise soon as their leader, monero (XMR), has broken out of a prolonged “basing pattern,” signaling a bullish shift in momentum. For over two years, monero was locked in a basing pattern or low-volatility price consolidation between $100 to $200, marking a demand-supply equilibrium following the crash from the … Read more
Need evidence of the crypto market’s maturation? Look no further than Deribit, the crypto exchange that registered record trading volumes in 2024. Total trading volume in Deribit’s product suite, which comprises crypto options, perpetual futures, volatility futures, and spot market, rose 95% from $608 billion in 2023 to $1.185 trillion in 2024. Options alone registered … Read more
World Liberty Financial Financial (WLFI), the crypto project backed by the family of U.S. President Donald Trump, has made another purchase of Tron’s TRX for its treasury on-chain data shows. “As a strong advocate for blockchain technology and innovation in cryptocurrencies, I’m excited to see World Liberty Financial integrate TRON as a key part of … Read more
A significant SOL options block trade crossed the tape on Deribit via the OTC network Paradigm late Monday, suggesting expectations for a price rally to $400 by the end of February. The trade, structured as a bull call spread, involved a long position in the $280 call and a simultaneous short position in the $400 … Read more
The Ethereum Foundation is a paradox. Despite its commitment to decentralization, it operates as a centralized entity, with a director, a treasury, paid developers, and an inner circle. These structures, while necessary for coordination, create tensions with Ethereum’s decentralized ethos. The Foundation Today It is not widely known, but the current foundation was constructed in … Read more
President Trump has followed through on one of his key campaign promises — at least for those in the crypto community — pardoning the sentence of Silk Road founder Ross Ulbricht. “I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement, which supported … Read more
Cryptocurrencies in the emerging artificial intelligence (AI) agents sector soared on Tuesday while bitcoin (BTC) stalled below its Monday record highs as traders await for the first crypto-specific actions from the Donald Trump administration. AI16Z and AI Rig Complex’s ARC rallied over 30% through the day, while GRIFFAIN, ZEREBRO also booked double-digit advances. Part of … Read more
It’s been a rough year for the Ethereum Foundation, the grant-giving nonprofit that helps support Ethereum, the best-known blockchain behind Bitcoin. As Ethereum loses market cap and mindshare to competitors, the foundation has been beset by scandal. Vitalik Buterin, Ethereum’s co-founder and chief figurehead, has laid out a new plan to right the ship. “We … Read more
Gary Gensler only officially stepped down as chairman of the U.S. Securities and Exchange Commission (SEC) yesterday, but the federal agency’s approach to crypto is already getting an overhaul. Acting Chair Mark Uyeda announced Tuesday that the agency has created a crypto task force dedicated to “developing a comprehensive and clear regulatory framework for crypto … Read more
The European Securities and Markets Authority has urged national authorities in the European Union (EU) to ensure that exchanges are no longer making non-compliant stablecoins available for trading within the next two months. The regulator has requested that the 27 member states in the EU ensure crypto asset service providers (CASPs) are compliant when it … Read more
Wingbits, a decentralized physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6 million in funding. DePIN, the model of using hardware secured by a decentralized network, could be seen as a blockchain equivalent of the cloud computing services offered by Big Tech giants like Amazon and Google. The investment round, which takes … Read more
Crypto issuers surely seem to think anything is possible now that Donald Trump is in office. Exchange-traded fund issuer Rex Shares and crypto asset manager Osprey Funds on Tuesday filed for numerous crypto-focused exchange-traded funds (ETF), including a Trump ETF, according to a filing with the Securities and Exchange Commission (SEC) on Tuesday. The ETF … Read more
Smart Valor, a crypto exchange and AI-led investment company, is exploring a possible sale of all or part of its business. The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from large global exchanges, crypto platforms and traditional finance (TradFi) institutions including banks and trading platforms, CEO and co-founder … Read more
Circle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote. The companies closed the deal this morning, a Circle spokesperson told CoinDesk and was announced in Davos, Switzerland during the annual World Economic Forum meeting. The companies didn’t reveal pricing details. Circle aims to … Read more
CoinDesk Indices, a subsidiary of CoinDesk, has introduced the CoinDesk 80 Index to address the increasing institutional demand for liquidity across diverse digital assets. The new offering is designed to track the performance of the next 80 digital assets beyond the CoinDesk20 Index, according to a press release. The Bullish exchange, which has surpassed $1 … 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 3890.01, down 0.4% (-15.92) since 4 p.m. ET on Monday. Ten of 20 assets are trading higher. Leaders: DOT (+1.9%) and POL (+1.5%). Laggards: ADA (-3.2%) and HBAR (-2.4%). … Read more
Bitstamp, the longest running cryptocurrency exchange, plans to roll out regulated crypto derivatives trading in Europe, according to two people with knowledge of the matter. With its long-standing focus on compliance, Bitstamp is one of a select group of crypto trading platforms to hold a Markets in Financial Instruments (MiFID) license, a pan-European regulatory framework … Read more
KULR (KULR), a maker of advanced energy-management systems, said it spent $8 million on bitcoin (BTC) to take its total holdings to 510 tokens. At a weighted average price of $101,695, that equates to almost 79 bitcoin and means the company’s total investment is now $50 million. The purchase follows the Houston, Texas-based company’s Dec. … Read more
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Led by Executive Chairman Michael Saylor, MicroStrategy (MSTR) has again added to its massive bitcoin (BTC) stack. In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC. This latest bitcoin average purchase … Read more
The website of newly created U.S. Department of Government Efficiency, headed by technocrat Elon Musk, started to display a dogecoin (DOGE) token logo on Tuesday, despite having no direct relation to the world’s largest memecoin. “To restore competence and effectiveness to our federal government, my administration will establish the brand-new Department of Government Efficiency,” Trump … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin held above $100,000, with VET, ENA, LINK and LDO posting notable gains a day after President Donald Trump bypassed mentioning crypto or a strategic bitcoin reserve in his inauguration speech. Signals from the bitcoin options market indicate heightened expectations for short-term price turbulence alongside signs … Read more
The FTX collapse may seem like a distant memory, when bitcoin (BTC) fell to around $15,500 in November 2022. The sentiment during the period was extreme fear, and the industry never thought it would recover. But just over two years later, bitcoin is trading over $100,000 with a new presumably crypto-friendly U.S. administration in charge. … Read more
The development arm of Tokenize Xchange has acquired blockchain intelligence platform Coinseeker in a deal valued at $30 million. Titan Lab, the developer of Titan Chain, on which Tokenize runs, plans to incorporate Coinseeker’s AI-powered analytics, ratings and other insights into its operations, according to an emailed announcement on Tuesday. Singapore-based Tokenize is a digital … Read more
The institutionalization of crypto markets means that bitcoin (BTC) is no longer considered a niche investment, and increased adoption is forcing hesitant investors to reconsider the asset class, WisdomTree said in a report Monday, which looked at crypto trends for 2025. The investment manager noted that portfolios with allocations to bitcoin are consistently outperforming those … Read more
President Donald Trump didn’t mention bitcoin (BTC) during his inaugural speech and crypto was absent from his first batch of executive orders, but Polymarket bettors are confident a pardon for Silk Road founder Ross Ulbricht will be coming soon. A Polymarket contract asking who Trump will pardon in his first 100 days in office shot … Read more
A short-lived Trump family token frenzy has left hopeful investors with steep losses. Official memecoins of U.S. President Donald Trump and First Lady Melania are down as much as 60% in the past 24 hours amid heavy profit-taking after Monday’s inauguration. Futures tracking the two tokens have fared similarly bad for traders — with liquidation … Read more
Some issues never truly go away, and the U.S. debt ceiling, which limits the maximum amount the government can borrow, is one of them. It’s back in the spotlight, but past experience suggests it could be positive for bitcoin (BTC) and risk assets in general. The U.S. will hit its roughly $36 trillion debt limit … Read more
Deribit-listed options show a persistent bullish outlook for bitcoin relative to ether, following President Donald Trump’s omission of any crypto mention in his inaugural speech on Monday. As of noon Hong Kong Time, BTC call options, which offer a bullish exposure in the leading cryptocurrency, traded pricier than ETH calls across time frames, according to … Read more