News from CoinDesk
What is your interest today?
Best Crypto Investment Ideas According to CEO of $1.6T Asset Manager Franklin Templeton
According to Jenny Johnson, CEO of a major asset management firm, investing in essential infrastructure within the cryptocurrency sector may offer stable financial opportunities am...
Read Full Article →Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
The company's initial public offering raised $1.15 billion entirely through various stablecoins, marking a notable development in the use of digital currencies for market transacti...
Read Full Article →Senate Banking Chair Tim Scott: 12-18 Dems May Vote for Market Structure Bill
The potential support from a small group of Democrats could influence the progress of the Senate’s market structure legislation, which aims to impact financial regulations and mark...
Read Full Article →HBAR Drops 2.5% After Breaking Key Support Levels
The recent decline in HBAR reflects increased market instability, as stronger inflation figures triggered significant asset sell-offs totaling hundreds of millions in the cryptocur...
Read Full Article →ICP Weakens as Selling Pressure Builds Near Critical Support
Internet Computer Protocol's recent decline and increased trading activity indicate growing selling interest from large investors and reduced confidence among smaller market partic...
Read Full Article →Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise
The recent decline in major cryptocurrencies reflects increased market uncertainty ahead of the Jackson Hole speech, which may signal tighter monetary policies affecting investor c...
Read Full Article →Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets
The collaboration introduces regulated sports event trading opportunities in the U.S., potentially expanding market participation and generating new revenue streams within the grow...
Read Full Article →XLM Plunges 2% Amid High-Volume Selling Pressure
The recent increase in trading activity has contributed to a noticeable drop in Stellar’s market value, reflecting intensified selling and downward price movement in the cryptocurr...
Read Full Article →SoFi Taps Bitcoin Lightning Network for Global Remittances With Lightspark
SoFi’s integration of advanced Lightning Network technology aims to enhance cross-border money transfers by providing faster, more affordable transactions within its existing mobil...
Read Full Article →Valantis Acquires stHYPE, Expanding Liquid Staking Reach on Hyperliquid
Valantis’ purchase of stHYPE enhances its presence in the liquid staking sector, contributing to the growing value locked in decentralized finance platforms exceeding billions of d...
Read Full Article →XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark
XRP experienced a sharp increase followed by stabilization, with traders closely monitoring the critical $3 level as the price remains confined within a narrow $0.15 range in the s...
Read Full Article →SharpLink Ether Holdings Top $3.1B, Trailing BitMine in Pace of ETH Acquisition
SharpLink's recent purchase of over 143,000 ether has increased its total reserves to more than 740,000 tokens, positioning it as a major player in the ongoing accumulation of Ethe...
Read Full Article →CoinDesk 20 Performance Update: Chainlink Drops 4.3% as Nearly All Assets Decline
Several digital assets experienced declines on Monday, with Aptos and Chainlink notably losing value, reflecting broader downward trends within the cryptocurrency market during thi...
Read Full Article →KindlyMD/NAKA Expands Bitcoin Treasury with $679M Acquisition
Following the recent merger, KindlyMD/NAKA significantly increased its bitcoin reserves by acquiring additional coins valued at $679 million, enhancing its overall cryptocurrency p...
Read Full Article →Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein
Bernstein projects a prolonged period of growth in the cryptocurrency sector through 2027, highlighting substantial potential gains for Robinhood, Coinbase, and Circle based on the...
Read Full Article →Markets Today: Crypto Prices Hold Steady While Derivatives Show Long Positions Unwinding
Despite a recent dip in major cryptocurrencies, market activity indicates a reduction in leveraged bets, suggesting cautious investor sentiment and potential adjustments in risk ex...
Read Full Article →Massive 1M Block Trade of $4 XRP Calls Hits the Tape Amid Falling Prices
A substantial block trade involving one million XRP call contracts at a $4 strike price expiring in late December indicates notable market activity despite recent price declines.
Read Full Article →Bitcoin Rally Stalls on U.S. Inflation, Policy Whiplash: Crypto Daybook Americas
Recent fluctuations in U.S. inflation data and shifting monetary policies have created uncertainty in the cryptocurrency market, impacting investor confidence and slowing the upwar...
Read Full Article →Bitcoin and Strategy Lead Risk-Adjusted Returns as Volatility Falls
Bitcoin and MicroStrategy have achieved superior risk-adjusted performance compared to other technology assets, demonstrating enhanced returns relative to risk amid a period of dec...
Read Full Article →Circle to Offer 10 Million Class A Shares at $130 Each
By pricing its new Class A shares at $130 each, Circle is raising substantial capital at a value significantly higher than its initial public offering price in June.
Read Full Article →Hong Kong Regulator Tightens Custody Standards for Licensed Crypto Exchanges
The updated regulatory requirements aim to enhance the security measures of licensed cryptocurrency exchanges, potentially increasing operational costs but also bolstering investor...
Read Full Article →Altcoin Season Could Begin in September as Bitcoin’s Grip on Crypto Market Weakens: Coinbase Institu...
Starting in September, a decrease in bitcoin’s market share combined with better liquidity and increased investor interest may lead to higher returns for alternative cryptocurrenci...
Read Full Article →Bullish Bets Lose $860M to Liquidations as ETH, BTC, XRP, DOGE Price Drop 9%
Investors experienced substantial losses due to forced sell-offs totaling $860 million across major cryptocurrencies, with Ethereum facing the largest impact, followed by significa...
Read Full Article →XRP Sheds 7% on $437M Sell Spike as $1B Liquidations Hit Crypto Market
A recent surge in liquidations totaling $1 billion led to a notable decline in XRP’s value, yet increased purchasing near market close suggests potential renewed interest from majo...
Read Full Article →Asia Morning Briefing: ETH's Bullrun Meets Early Signs of Selling Pressure
Ethereum's price surge, driven by strong investment inflows and outperforming Bitcoin, faces uncertainty as increasing deposits to exchanges raise concerns about potential shifts f...
Read Full Article →Scott Bessent Suggests Government Bitcoin Purchases Remain a Possibility
The Treasury Secretary’s recent tweet indicated that acquiring bitcoin could still be considered by the government, highlighting potential implications for financial markets and fi...
Read Full Article →U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex
The U.S. government's actions against the crypto network and related entities highlight increased regulatory scrutiny aimed at disrupting illicit financial activities involving ran...
Read Full Article →Polygon's POL Falls 6% As Inflation Shock Triggers Heavy Selling
Polygon's POL experienced a decline following wider market pressure linked to rising inflation concerns, contributing to a substantial drop in cryptocurrency values and diminishing...
Read Full Article →Crypto Slide Spurs $1B Leverage Flush, But It's a Healthy Pullback, Analysts Say
The recent decline in cryptocurrency prices triggered significant forced selling of leveraged positions, yet experts suggest this correction contributes to overall market stability...
Read Full Article →ATOM Faces Sharp Decline Amid High-Volume Selloff
Despite encountering substantial selling pressure earlier, ATOM-USD experienced a notable recovery supported by increased trading activity and new demand levels, although it has ye...
Read Full Article →