CoinDesk

Pump.fun’s native token, PUMP, has bucked the market-wide downturn this week, rising by 17% as the protocol leverages platform fees to repurchase tokens. The buybacks are designed to support holders by reducing circulating supply and absorbing sell pressure, a model increasingly common across crypto projects. At the time of publishing, PUMP is trading at $0.0035, … Read more

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Microstrategy, now known as Strategy (MSTR), has reshaped U.S. capital markets in 2025 by issuing a series of preferred stock under tickers STRK, STRF, STRD and STRC. Collectively, these offerings raised about $5.6 billion year-to-date, making up for 12% of all U.S. IPO … Read more

XRP’s slow push into institutional finance just picked up another backer. Data-focused blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed company, has signed a memorandum of understanding to adopt its XRP finance (XRPFi) framework for corporate treasury yield. The move comes months after Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) … Read more

Stellar’s native token XLM came under heavy institutional selling pressure in the latest trading session, falling from $0.39 to $0.36 between August 28 at 3:00 p.m. and August 29 at 2:00 p.m. ET. Market data shows more than 41.89 million XLM changed hands, with volumes surging as large holders reduced exposure. Despite the pressure, Stellar’s … Read more

Hedera’s HBAR token endured a sharp selloff over the past 24 hours, falling 5% from $0.24 to $0.23 as traders unloaded positions in heavy volumes. The steepest decline came early Wednesday, when more than 277 million tokens changed hands between 06:00 and 09:00 UTC, forcing prices through the $0.235 support level and briefly dragging the … Read more

News Background XRP continues to trade under regulatory uncertainty as markets await key SEC decisions on spot crypto ETFs in September. Active XRP Ledger addresses rose 20% over three days, signaling renewed network engagement ahead of the planned September 12 Decentralized Media launch. Chinese fintech firm Linklogis integrated its trillion-dollar supply-chain financing platform with the … Read more

The Ethereum Foundation shared a new blog post on Friday detailing a major initiative aimed at breaking down the barriers between Ethereum’s growing constellation of Layer-2 networks. The initiative marks a strategic pivot: after years spent scaling throughput and lowering costs, the protocol team is now zeroing in on interoperability as the key to user … Read more

Historical data around Bitcoin Magazine’s annual U.S. Bitcoin Conference has shown a clear pattern of poor price performance for bitcoin during and just after the event. The indicator didn’t disappoint in 2025, with bitcoin (BTC) struggling in late May/early June alongside and then following this year’s Las Vegas conference. The logic behind that price action … Read more

News Background Between August 24–25, a whale shifted 900 million DOGE (worth over $200 million) to Binance, sparking fears of distribution from long-term holders. Corporate treasuries and institutional funds have reduced meme-coin exposure as regulatory uncertainty and global macro headwinds mount. Network security strength remains elevated, with Dogecoin’s hashrate topping 2.9 petahashes per second, reflecting … Read more

IREN (IREN) reported fourth-quarter results that highlighted rapid progress in both its bitcoin mining and artificial intelligence infrastructure businesses, according to a Friday research report by broker Canaccord Genuity. The broker reiterated its buy rating on the stock and hiked its price target 60% to $37 from $24, citing stronger visibility in both mining and … 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 4062.15, down 1.4% (-59.75) since 4 p.m. ET on Thursday. Two of the 20 assets are trading higher. Leaders: POL (+0.9%) and SOL (+0.1%). Laggards: LINK (-4.3%) and XLM … Read more

Amsterdam Bitcoin Treasury Strategy (AMBTS), established by Dutch crypto-asset service provider Amdax, has raised €20 million ($23.2 million) in its initial financing round. The funding, secured through private placements, will seed the company’s bitcoin accumulation strategy. The round, capped at €30 million ($34.8 million), is expected to close in September 2025. The proceeds will support … Read more

The crypto market is down today, signaling risk aversion ahead of the U.S. core PCE inflation data release, which could influence the Federal Reserve’s path on interest-rate cuts. The CoinDesk 20 Index, a measure of the broad market, has dropped 3.6% in the past 24 hours, with all but one member lower over that period. … Read more

Crypto Daybook Americas will not be published on Monday due to the Labor Day holiday. It will return on Tuesday. By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) has dropped nearly 3% to $109,800 in the past 24 hours, pulling the broader market, including ether (ETH), down with it. But those losses … Read more

Bitcoin (BTC) remains in correction mode after reaching its all time high of more than $124,500, now hovering near $110,000. Glassnode’s weekly newsletter highlights mounting stress among top buyers as the cost basis of investors over the past six months comes under pressure. The firm noted, “Any relief rally is therefore likely to encounter resistance, … Read more

HONG KONG — Eric Trump, executive vice president of the Trump Organization, praised China during a panel at BTC Asia in Hong Kong and said there is “no question” the country had “made an unbelievable mark on bitcoin and cryptocurrencies.” “There’s no question that China is a hell of a power when it comes to … Read more

Bitcoin (BTC) miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and ramped up production capacity with more efficient rigs. The stock climbed in pre-market trading. Net income in the year ended June 30 rose to $86.9 million from a loss of $28.9 million the … Read more

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A key technical indicator is warning of an early end to the bitcoin (BTC) bull market, even as traders continue to position for a continued rally into the year-end. The indicator under consideration is the Relative Strength Index (RSI), a momentum … Read more

Binance, the world’s largest crypto exchange by volume, restarted futures trading after a brief outage caused by a “system issue” affecting its Unified Margin (UM) product. “The issue affecting Futures UM trading on Binance has been resolved. All futures trading is now fully operational,” Binance said in a post on X. The outage left traders … Read more

Bitcoin (BTC) defied expectations for significant volatility in August, trading within a range. As market dynamics indicate a continued low-volatility regime in the near term, 10x Research highlights the “short strangle” as an ideal play. “Given the current dynamics in the bitcoin options market, a short strangle looks well-suited for the next month. With bitcoin … Read more

Asia-focused Tiger Research has set a Q3 price target of $190,000 for bitcoin (BTC), arguing that record global liquidity, structural ETF demand, and new 401(k) access give the market its strongest setup since 2021. Tiger’s model pegs a “base price” of $135,000, then layers on multipliers for fundamentals (+3.5%) and macro conditions (+35%) to reach … Read more

HONG KONG — Binance founder Changpeng “CZ” Zhao believes the convergence of equity markets and crypto is ushering in a new era for digital assets, one that expands access to institutional capital and broadens crypto’s global reach. But he cautions that the sector still faces significant risks, especially as it enters its first major bull … Read more

An attempted rally in crypto earlier on Thursday was met by steady selling throughout the U.S. afternoon hours. After rising above $113,000 level at one point, bitcoin (BTC) retreated to $111,800 late in the session, down about 0.7% over the past 24 hours. The selling in ether (ETH) and XRP (XRP) was a bit more … Read more

Polkadot’s DOT earlier Thurwday rose more than 2%, with institutional volume patterns suggesting professional participation, according to CoinDesk Research’s technical analysis model. The model showed the digital asset demonstrating textbook institutional accumulation behavior, initially testing support at $3.81 before executing a measured advance to $4.02 accompanied by substantial volume of 4.6 million units. Trading volumes … Read more

The Commodity Futures Trading Commission — under its ongoing “crypto sprint” to open a wider path for U.S. crypto business — issued an advisory on Thursday that firms residing outside the U.S. that are willing to register with the agency as foreign boards of trade can deal directly with U.S. customers. “American companies that were … Read more

BONK, the Solana-based meme token, advanced 4% in the last 24 hours, reaching $0.0000218 before settling around $0.0000213. The strongest push came at 19:00 UTC on Wednesday, when BONK jumped 1.9% from $0.0000211 to $0.0000215, propelled by a 574.8 billion-token volume spike. Sellers capped momentum at $0.0000215, yet support consistently re-emerged near $0.0000212, reinforcing the … Read more

Internet Computer Protocol (ICP) demonstrated resilience during the last 24 hours, staging a rally that lifted the token nearly 3% to $5.13. The move capped a V-shaped recovery that began with an overnight retreat to support levels around $4.98, where a high volume of buying activity took hold, according to CoinDesk Research’s technical analysis data … Read more

Stellar’s native token, Lumens (XLM), showed sharp intraday volatility over the past 24 hours, with prices fluctuating between $0.38 and $0.39 — a 3% swing. After sliding from $0.39 to $0.38 on the evening of Aug. 27, XLM found firm support at the lower bound, where trading volumes surged above the daily average of 25.4 … Read more

American Bitcoin, the bitcoin (BTC) miner 20% owned by two of President Donald Trump’s sons, plans to list on the Nasdaq in September, said Asher Genoot, the CEO of Hut 8, which owns the other 80%. The firm is finalizing a merger with Gryphon Digital Mining that will clear the way for its public debut, … Read more

HBAR’s price action remained tightly contained over the last 24 hours, trading in a narrow $0.01 band between $0.24 and $0.25. The token held firm at the $0.24 level, a zone that market participants view as a key area of institutional support. Trading volumes surged to 179.67 million units during peak sessions, far exceeding typical … Read more