Binance co-founder Changpeng “CZ” Zhao has refuted a report by the Financial Times which said YZi Labs could be opened up to external investors. Zhao said the Tuesday report was “false news…with with fake/wrong/made-up info and negative narrative,” in a post on X. “As far as I know…YZi Labs is not raising an external fund,” … Read more
The price of bitcoin (BTC) remains stuck in the mud and corporate bitcoin treasury firms have gone through a full boom-and-bust cycle in a matter of weeks, but the BTC miners have been in major bull mode thanks to artificial intelligence and high-performance computing as a new growth driver. The action continued on Wednesday, with … Read more
Paxos’ USDH plan brings PayPal/Venmo links, a $20-million fund and yield sharing. Could it turn Hyperliquid into DeFi’s next liquidity hub?
Acting CFTC Chairman Caroline Pham said stablecoins and other digital assets could usher in “America’s Golden Age of Crypto.”
Solana is underperforming Bitcoin, Ethereum, and XRP this week as analysts cite deleveraging pressure, priced-in corporate purchases, and upcoming FTX distributions.
After crypto titans fought over the ticker, the USDH stablecoin is now live on Hyperliquid—but HYPE is down as BNB-based rival Aster rises.
Bitcoin Core proponents defend OP_RETURN changes as neutral, while critics warn of spam and capture.
Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others.
Bitcoin traders supplied BTC price levels to cause “max pain” around a giant $17.5 billion options expiry, while Bollinger Bands set new records.
While crypto focuses on US and EU markets, real adoption is happening in Argentina, Nigeria and the Philippines, where digital assets solve survival needs.
IREN (IREN), one of the largest self-operated bitcoin (BTC) miners in the U.S., is breaking away from the pack, and Wall Street is taking notice. Bernstein analysts raised their price target on IREN to $75 from $20, implying about 80% upside, as the miner doubles down on building its own AI cloud business rather than … 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 4045.46, up 0.5% (+21.74) since 4 p.m. ET on Tuesday. Nineteen of the 20 assets is trading higher. Leaders: DOT (+2.1%) and HBAR (+2.0%). Laggards: SOL (-1.4%) and LTC … Read more
Stablecoin infrastructure startup Bastion has raised $14.6 million in a new funding round led by Coinbase Ventures, Fortune reports. Bastion builds white-label stablecoin systems that let companies issue digital dollars without writing code or applying for regulatory licenses. The round included participation from the venture arms of Sony and Samsung, as well as Andreessen Horowitz’s … Read more
Canton Network, a blockchain built for regulated finance, has struck a strategic partnership with Chainlink to broaden institutional adoption. The agreement, announced Wednesday, will see Canton integrate Chainlink’s suite of services, including Data Streams, Proof of Reserve, and its Cross-Chain Interoperability Protocol. Canton has also joined the Chainlink Scale program, which helps cover the costs … Read more
Franklin Templeton, the global investment powerhouse managing $1.6 trillion in assets, is expanding its proprietary Benji Technology Platform to the BNB Chain ecosystem. The move amplifies Benji’s institutional-grade tokenization expertise by leveraging BNB Chain’s technological strengths, including its scalable, low-cost infrastructure and high transaction throughput, to create a new class of on-chain financial assets. “Our … Read more
Crypto has never needed “safe havens.” It needs safe markets. The difference is more than semantics. A safe haven is a place to hide; a safe market is a place to build. Jurisdictions that understand this distinction will be the ones that capture the next significant wave of serious capital. The crypto industry has been … Read more
Hyperliquid’s very own stablecoin USDHL, developed by Native Markets, debuted Wednesday, generating over $2 million in early volume. As of writing, the Hyperliquid-listed USDH/USDC pair traded at 1.001, with a total trading volume of 2,244,932.79 USDC. Last week, the Hyperliquid validator community selected Native Markets to receive the USDH ticker following a lengthy bidding war … Read more
Chainlink has integrated its data services and crosschain protocol into the institutional blockchain Canton Network and joined as a super validator.
Chainalysis APAC policy lead Chengyi Ong says favorable policy and taxes helped boost crypto in Japan, while stablecoins were popular across the Asia Pacific.
DPRK-linked hackers used a compromised private key to mint fake SFUND tokens across chains, according to Seedify.
XRP price was up 6.8% since Monday’s crypto market pullback, as traders said key support levels must hold to sustain a recovery to new all-time highs.
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) rebounded from Asian session lows of $111,000 to $112,800, repeating a pattern seen on Tuesday. However, the token remains below its 50- and 100-day simple moving averages (SMAs), with liquidity analysis and retail crowd sentiment signaling a potential for a deeper pullback. The CoinDesk … Read more
Bitcoin (BTC), the crypto market leader, has bounced to nearly $113,000, hinting at an end to the three-day losing streak. Other major coins are following BTC’s lead, with further gains contingent on bitcoin moving past key levels. “Much will depend on the ability of bitcoin bulls to overcome important resistance levels at 113,500 and 115,000. … Read more
Fueled by new DEX Aster, 24-hour perps trading volume on Binance Chain has surpassed Hyperliquid as the platforms battle for market share.
DefiLlama data showed that Aster topped daily perpetual trading volumes with $24.7 billion on Wednesday, surpassing competitors including Hyperliquid and edgeX.
Introduced in October 2020, Europe’s digital euro may not launch until 2029, according to ECB Executive Board member Piero Cipollone.
Growing Wall Street crypto adoption and agentic AI platforms may catalyze a “supercycle” for Ethereum, according to BitMine, the largest corporate holder of Ether.
Kraken committed $2 million to Freedom Fund PAC and America First Digital, citing a need to defend crypto users’ rights in the US.
Bitcoin whale distribution and a weakening technical structure could push BTC price into an extended sell-off toward $100,000.
The former Assembly majority leader’s campaign launched with a pledge to put Bitcoin on the state’s balance sheet.