CoinDesk

The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to watch for suspicious activity tied to crypto kiosks.d These convertible virtual currency (CVC) kiosks, which allow users to access and transact in cryptocurrency, offer consumers a simple way to buy crypto, the money laundering watchdog said. Yet, FinCEN said … 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 3823.76, down 0.2% (-7.53) since 4 p.m. ET on Monday. Eight of 20 assets are trading higher. Leaders: POL (+6.4%) and LTC (+4.6%). Laggards: AAVE (-2.1%) and XLM (-1.7%). … Read more

Semler Scientific (SMLR) is trading just above the market value of its bitcoin holdings, with a market NAV (mNAV) of 1.04, highlighting what broker Benchmark calls a significant valuation disconnect. Markets, argued analyst Mark Palmer following the company’s second quarter earnings yesterday, are giving “virtually no credit for [Semler’s] ample room to use ‘intelligent leverage’ … Read more

BounceBit, a crypto infrastructure provider that combines features of centralized and decentralized finance (CeDeFi), is bringing Franklin Templeton’s tokenized money market fund into its structured yield platform BB Prime, combining U.S. Treasury yields with crypto funding and basis arbitrage strategies. The tokenized fund, which belongs to the suite of BENJI products, will serve as a … Read more

Decibel, an on-chain trading protocol, started operations on the Aptos devnet, combining spot trading, perpetual futures and yield strategies into a single interface. The test environment, invite-only for now, offers simulated access to cross-margin trading, composable vaults and high-speed order execution. The system is designed to mimic centralized exchange performance while preserving the transparency of … Read more

Upexi Inc. (UPXI), a diversified brand owner, said its holdings of Solana’s sol (SOL) more than doubled in July, taking the total to more than 2 million tokens. The Tampa, Florida-based company, whose brands include LuckyTail, Prax and Cure Mushrooms, said it funded the purchases raising more capital through the sale of common stock and … Read more

By Omkar Godbole (All times ET unless indicated otherwise) While bitcoin (BTC) and ether (ETH) prices have recouped a significant portion of last week’s losses, hinting at a “buy the dip” resurgence, the latest ETF flows paint a different picture. On Monday, the nine spot ether ETFs recorded total net outflows of $465 million — … Read more

Capital B (ALCPB) operating as The Blockchain Group, has completed the acquisition of 62 bitcoin (BTC) for approximately $7.13M through its Luxembourg-based subsidiary. This investment lifts the firm’s total holdings to 2,075 BTC, purchased at an average price of $104,803 per coin. The acquisition was funded via a $7.48M convertible bond issuance, subscribed by Tobam … Read more

Base, Coinbase’s (COIN) Ethereum layer-2 scaling product, ground to a halt for the first time since its 2023 debut, disabling critical functions including block production, deposits, withdrawals and flashblock operations for 29 minutes before service resumed. The incident occurred at 06:15 UTC as a result of an “unsafe head delay,” according to Base’s incident status … Read more

One-year ago today, markets were rattled by the unwind of the yen carry trade. As Japan shifted toward a tighter monetary policy and bond yields rose, the strategy of borrowing in a low-interest currency like the yen to buy higher-yielding assets became less attractive. At the time, capital rapidly fled risk assets. Bitcoin (BTC) fell … Read more

When Celestia airdropped its TIA token to 580,000 users in 2023 it was the plat du jour among traders and investors, with the project saying the release aligned with a new “modular era.” However, despite rallying to a dizzying $20 price point in September, 2024, it has since slumped to less than $1.65 in a … Read more

The White House is preparing an executive order that would penalize banks for cutting off customers over their beliefs. The order, reported on by the Wall Street Journal, is expected to be signed by President Donald Trump as early as this week. It would direct banking regulators to investigate whether financial firms violated the Equal … Read more

Litecoin (LTC) rose by more than 11% in the past 24 hours, edging above $123, marking one of the sharpest large-cap rallies this week as traders rotated into legacy altcoins amid improving sentiment and fresh ETF chatter. The move, which made LTC as the largest weekly gainer among the top hundred tokens, comes as a … Read more

The bitcoin (BTC) bull, once confidently gazing into the future, is reconsidering its long-term bullish conviction. That’s evident from the 180-day skew, measuring the difference in implied volatility (pricing) between Deribit-listed out-of-the-money call and put options. The metric has recently retreated to zero, according to data source Amberdata, indicating that long-term market sentiment has shifted … Read more

Bitcoin (BTC0 remains stuck below $115,000 after a sharp weekend drop that erased nearly $6,000 from local highs and triggered over $1 billion in liquidations across leveraged long positions. While markets have stabilized somewhat since Monday, sentiment remains fragile amid a fresh round of Donald Trump-issued tariffs and another week of choppy ETF flows. BTC … Read more

XRP surged to $3.05 during a volatile 24-hour period, posting a 4.45% gain from $2.92 as traders reacted to unprecedented minute-level volumes and whale liquidations. A $33 million spike in volume was recorded within a single minute, marking one of the largest such spikes for the token. Despite technical resistance at $3.09 and short-term sell … Read more

Justin Sun boldly went where few men have gone before and after coming back from a brief trip to space the Tron founder has brought with him some cosmic ambitions for the ecosystem. “Going to space has always been a dream of mine since I was a little kid,” Sun told CoinDesk in an interview … Read more

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As East Asia begins its trading day, bitcoin (BTC) is changing … Read more

The price of LINK (LINK), native token of oracle provider Chainlink, climbed 4% on Monday extending its rebound from late last week’s crypto carnage. The token hit $17 during the session, up nearly 10% from the weekend lows, CoinDesk data shows. The move occurred as Chainlink rolled out market data feed for U.S. Equities and … Read more

Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year. Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald … Read more

Digital Currency Group’s (DCG) Barry Silbert has been re-appointed as chairman of the board at asset manager Grayscale, one of DCG’s subsidiaries, alongside several other new, high-ranking hires at the firm. Silbert, who owns Grayscale, resigned in December 2023 after the company was hit with a lawsuit from the New York Attorney General’s office which … Read more

The price of BNB climbed nearly 2% in the past 24 hours to top the $760 mark, with data showing a burst of activity behind the price rise. Volume spiked nearly 50% above daily averages, according to CoinDesk Research’s technical analysis model. The price action followed a textbook two-phase accumulation: early consolidation, then a breakout … Read more

The famous Satoshi Nakamoto statue, an ingenious line-of-sight illusion envisioned by Italian artist Valentina Picozzi, that was reported missing on Sunday was recovered from a nearby lake, Satoshigallery, the artistic project run by Picozzi, said in a post on X. The gallery reported the statue missing on Aug. 3 with a photo showing only empty … Read more

NEAR Protocol delivered a standout performance during the 24-hour trading window from August 3 at 15:00 to August 4 at 14:00, rallying 4.20% from $2.43 to $2.53. This price action was driven by a sharp uptick in trading activity, notably during the final hour when volume spiked to 2.7 million tokens—more than double the daily … Read more

ATOM oscillated within a $0.12 corridor between $4.22 and $4.33—a 3% range that reflects the coin’s strategic positioning amid macro headwinds. Despite intraday volatility, price action was largely constructive, with bulls staging a breakout near midnight UTC on 4 August that pushed the token to a session high of $4.33. The rally was underpinned by … Read more

Coinbase (COIN) has been downgraded to a sell rating by Compass Point, which also cut its year-end price target from $330 to $248, citing weaker-than-expected earnings and fading interest in crypto equities as key risks. COIN is trading modestly higher on Monday at $316 following last week’s earnings-related 18% plunge. “While we remain constructive on … Read more

Monday kicked off with a flurry of treasury announcements as major digital asset firms expanded their crypto reserves, underlining the growing institutional embrace of blockchain-native assets. BitMine Immersion Technologies (BMNR) now holds the world’s largest ether {ETH} treasury at 833,137 ETH worth over $2.9 billion. Launched just 35 days ago, BitMine’s aggressive ETH acquisition strategy … Read more

Bullish, the owner of the Bullish Exchange crypto platform, said it plans to raise as much as $629 million in its initial public offering (IPO) on the New York Stock Exchange. The company, which also owns CoinDesk, said it plans to sell 20.3 million ordinary shares with an expected price of $28-$31 per share according … 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 3770.58, up 0.3% (+11.59) since 4 p.m. ET on Friday. Fourteen of 20 assets are trading higher. Leaders: LTC (+9.7%) and XLM (+3.7%). Laggards: SUI (-3.1%) and SOL (-2.0%). … Read more

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Risks deeper pullback Bitcoin’s (BTC) multi-month rally appears to have hit a significant wall, with a confluence of bearish signals emerging across both weekly and daily charts. The weekly candlestick chart shows that bulls … Read more