CoinDesk

Crypto investors are turning their attention to ONDO after a packed July saw Ondo Finance announce multiple acquisitions, high-profile partnerships and regulatory milestones that analysts say could set the stage for explosive price action in August. On Sunday, Kyren, a popular crypto analyst on X, called last month “a big one for $ONDO,” highlighting the … Read more

As crypto markets plunged Friday, a potentially historic regulatory shift flew under the radar, Wall Street broker Bernstein said in a research report Monday. In a speech that Bernstein analysts called “the boldest and most transformative crypto vision ever laid out by a sitting SEC chair,” U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins … Read more

Centrifuge (CFG), a blockchain platform focused on tokenizing investment products, has appointed Jürgen Blumberg, former Goldman Sachs executive of the firm’s exchange-traded fund (ETF) accelerator business in Europe, as its new chief operating officer. He will also serve as chief investment officer for Anemoy, Centrifuge’s affiliated on-chain asset management firm. The appointment comes as tokenization … Read more

Coinbase’s (COIN) softer-than-expected second quarter results triggered a sharp Friday sell-off, but Wall Street broker Benchmark says the drop is a buying opportunity, not a red flag. Analyst Mark Palmer reiterated his buy rating and $421 price target. He argued that the exchange’s long-term investment case remains intact as the company continues to build foundational … Read more

Sonic-based decentralized finance (DeFi) protocol CrediX Finance was taken offline after being struck by a $4.5 million exploit. The protocol, which has been live for less than a month, revealed there was a “security breach” at 9:10 UTC on Monday. The website was taken offline to prevent users from depositing. Blockchain security firm CertiK said … Read more

By Omkar Godbole (All times ET unless indicated otherwise) In the world of rock climbing, athletes don’t simply grab a new ledge and reach out for the next one. First, they put their full weight on the new ledge to ensure it’s solid before aiming higher. Bitcoin (BTC) has followed a similar pattern since Friday’s … Read more

A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin (BTC), according to recent public statements. The proposal would install mining hardware at facilities owned by state utility Électricité de France (EDF), according to news outlet Le Monde. The process … Read more

The combined assets under management (AUM) of gold and bitcoin (BTC) exchange traded funds (ETFs) have crossed the $500 billion mark for the first time, according to the latest data from the Bold Report. As of early August 2025, gold ETFs represent approximately $325 billion, while bitcoin ETFs have surged to $162 billion. Gold has … Read more

Metaplanet (3350), a Tokyo-listed investment firm, said it bought another 463 bitcoin (BTC), emphasizing the cryptocurrency’s long-term shareholder value even as its stock fell more than 7% to sit at half the value it held in June. The latest purchase cost the company 7.995 billion yen ($540 million) at an average price of 17.3 million … Read more

CACEIS, the asset servicing arm of Credit Agricole, has acquired a minority stake in French fintech Kriptown to support the launch of Lise, a blockchain-based exchange aimed at SMEs and mid-cap companies. Lise, short for Lightning Stock Exchange, is set to be Europe’s first tokenized exchange focused on streamlining equity financing and public listings for … Read more

Binance, the world’s largest cryptocurrency exchange, announced on Monday that it is opening access to bitcoin (BTC) “options writing” for all users. The move is a direct response to a significant increase in retail demand for more strategic and sophisticated trading tools. Options are derivative contracts that allow the purchaser the right to buy or … Read more

Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) tanked 19.6% to $314.69 last week, registering its worst performance since September 2024, according to data source TradingView. On Thursday, COIN published its second-quarter earnings report, revealing a net operating earnings per share of 12 cents, with an 88.8% year-over-year decrease in the bottom line. The $1.5 billion … Read more

Cardano’s core development team, Input Output Global (IOG), secured approval for a $71 million treasury allocation to fund 12 months of network upgrades following a drawn-out governance vote that drew concerns around transparency, accountability and cost. The proposal passed with 74% in favor and authorizes the disbursement of 96 million ADA, or roughly 13% of … Read more

DOGE rose 5% during the 24-hour session from August 2 at 21:00 to August 3 at 20:00, climbing from $0.189 to $0.200 before slipping slightly to close at $0.198. The rally was driven by consistent accumulation and large holder activity, with key breakouts at $0.194, $0.196, and $0.198. However, the token failed to maintain momentum … Read more

Don’t call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that bitcoin (BTC) will rally to around $140,000 this year before slipping into a bear market in 2026. The leading cryptocurrency by market value, has dropped 4% over the past week, with prices hitting lows under $112,000 over … Read more

XRP surged 6% during the 24-hour trading window from August 3 at 03:00 to August 4 at 02:00, rising from $2.83 to a high of $3.03 before closing at $3.00. The rally was driven by strong breakout momentum and institutional flows, with trading volumes exceeding 110 million during peak hours. However, the move was capped … Read more

Crypto started the week steady with bitcoin (BTC) and ether (ETH) stabilizing after volatile selloffs on Friday and Saturday driven by the worst spot ETF outflows in months. Bitcoin ETFs saw nearly $1 billion in outflows across Thursday and Friday, causing the asset to drop to around $114,000 before a modest recovery. Ether followed with … Read more

Conflux’s CFX emerged as the winner during weekend trading, gaining around 14%, according to CoinDesk market data, and surpassing the broader CoinDesk 20 index, which rose by 4%. However, behind the scenes, there’s something missing: an uptick in on-chain activity. Conflux has positioned itself as being China’s Ethereum, with a regulatory-compliant digital ledger, that doesn’t … Read more

Base, the Ethereum Layer 2 network backed by Coinbase, has overtaken Solana (known for its memecoin support) in daily token issuances, Dune analytics data shows. The change is in large part driven by Zora, a burgeoning rising on-chain social network where every post becomes a financial asset. It comes on the heels of Coinbase’s July … Read more

While President Donald Trump’s tariff war aims to spark a manufacturing boom at home, corporate America’s spending focus remains firmly on “bits” rather than “bricks and mortar.” This contrast is evident in the spending patterns of the Magnificent 7 (Mag 7) stocks – a group comprising large-cap tech companies, including Alphabet (parent company of Google), … Read more

The ether (ETH) market is at a critical juncture as a whale snapped up ether (ETH) worth millions, positioning itself bullishly against the cryptocurrency’s first weekly loss in over a month. Programmable blockchain Ethereum’s native token, ether, has dropped nearly 10% this week, hitting lows under $3,400 at one point, CoinDesk data show. The decline … Read more

Traditional banks have invested more than $100 billion in blockchain since 2020, according to a recent Ripple-backed report claiming digital assets are going mainstream. That figure comes from “Banking on Digital Assets,” a joint study by Ripple, CB Insights and the UK Centre for Blockchain Technologies (UK CBT), which analyzed more than 10,000 blockchain deals … Read more

Lugano residents woke up today to find that the famous Satoshi Nakamoto statue, an ingenious sight-line illusion envisioned by Italian artist Valentina Picozzi, was gone. The layers of disappearing stripes were only empty ground where the illusion of Satoshi, the pseudonymous creator of Bitcoin, fading into code stood since late 2024. It was unveiled on … Read more

Dogecoin fell 4% in the 24-hour period ending August 3 at 04:00 (UTC+7), slipping from $0.20 to as low as $0.19 amid sharp spikes in trading activity and persistent macroeconomic headwinds. The move came as risk sentiment deteriorated globally, triggering institutional outflows across volatile crypto assets, particularly meme coins. What to Know DOGE traded in … Read more

Retail investors in the U.K. will soon be able to buy crypto exchange-traded notes (cETNs) under a new rule from the Financial Conduct Authority (FCA) set to take effect Oct. 8. The FCA had previously barred retail access to crypto ETNs in 2021, citing investor protection concerns. However, with the market maturing and some crypto … Read more

Trump Media and Technology Group (Nasdaq: DJT) disclosed Friday that it now holds $2 billion in bitcoin and bitcoin-related securities, officially confirming one of the largest digital asset treasuries among U.S.-listed companies. The announcement came via the company’s second quarter of 2025 earnings press release, which also mentioned $3.1 billion in total financial assets and … Read more

XRP plunged nearly 9% in the 24-hour session ending August 3 at 04:00 (UTC+7), falling from $3.02 to as low as $2.75 before staging a mild recovery to $2.82. The decline was driven by heightened institutional selling pressure, with volumes during the heaviest selling window more than doubling the daily average. Price action suggests potential … Read more

The U.S. Securities and Exchange Commission’s new Crypto Task Force will begin a cross-country tour this month to meet with small crypto startups and expand the number of people who are heard in crypto policymaking. Led by Commissioner Hester Peirce, the task force plans to visit 10 cities from August to December, it announced in … Read more

A crypto wallet tied to a little-known Chinese mining pool may have been the victim of the largest bitcoin theft ever recorded, according to new findings from Arkham Intelligence. In an Aug. 2 thread on X, the onchain analytics firm said it had uncovered evidence that 127,426 BTC — worth $3.5 billion at the time … Read more