Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears
Binance saw over $2 billion in net outflows over the past 7 days, according to CoinMarketCap data.
Digital Assets
FBI Director Kash Patel caught sleeping on required disclosure of six-figure MSTR investment: Report
FBI Director Kash Patel failed to timely disclose a six-figure purchase of stock in Strategy (MSTR), the world's largest publicly-listed bitcoin holder, according to a report by nonpartisan news outle…
Bitcoin's long-term holders have returned to accumulation
According to analysis of blockchain data by Glassnode, positive undercurrents are forming beneath the surface, contradicting the bearish sentiment following June's 20% drop.
Tether Freezes USDT in 131 ISIS-K-Linked TRON Wallets
Tether has frozen USDT held in all 131 TRON wallets linked to ISIS-K after the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added 134 cryptocurrency wallet addresses to its sanctions list. …
Ethereum Foundation lays out use cases for governments, institutions in new policy guide
The Ethereum Foundation is making a fresh push to position Ethereum as critical public infrastructure for governments and institutions, publishing a new policy guide on Wednesday that argues the block…
Ethereum Institutional launch draws support from across the Ethereum ecosystem
The launch of Ethereum Institutional on Wednesday was met with widespread support across the Ethereum ecosystem, with industry leaders arguing the initiative will strengthen Ethereum's position as ins…
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
Circle (CRCL) shares bounced 5% Wednesday after a 17% plunge, as investors are weighing whether the new Open USD stablecoin consortium backed by Stripe, Mastercard, Coinbase and BlackRock poses a last…
Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down
Warsh declined to provide guidance on the Federal Reserve's next interest-rate decision, saying policymakers would debate incoming data at their meeting in four weekds, during a panel discussion at th…
Goliath Ventures CEO pleads guilty in $400 million crypto Ponzi case
Christopher Alexander Delgado, the former CEO of Goliath Ventures, pleaded guilty to fraud and money laundering charges stemming from a crypto investment scheme prosecutors said stole at least $400 mi…
Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood (HOOD) officially launched the public mainnet for Robinhood Chain, marking the company's biggest step yet into onchain financial infrastructure as it looks to expand beyond brokerage service…
Europe's MiCA rollout sparks debate over who wins under new crypto rules
The European Union's crypto market entered a new era on Wednesday as its Markets in Crypto-Assets (MiCA) regulation came into full effect, meaning crypto firms serving customers across the 27-nation b…
Mysterious Solana project World unveiled as fully onchain prediction market
World, the mysterious Solana project that garnered millions of views on X with little more than a glowing globe, cryptic posts and the tagline “Trade Everything,” is now live as a fully onchain predic…
EthLabs launches as Ethereum undergoes its biggest leadership transition in years
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.
Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes
The European Union's (EU) transitional grandfathering period under its Markets in Crypto-Assets (MiCA) regulation ends on July 1, forcing crypto-asset service providers (CASPs) who have yet to attain …
Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
Investment bank Standard Chartered has initiated coverage of Morpho, calling the lending protocol a dual-play on decentralized finance (DeFi) that combines a lending market with infrastructure for onc…
Cantor says bitcoin bear market may be entering final stretch
Wall Street bank Cantor Fitzgerald said crypto markets are entering the final stage of the current bear cycle, with bitcoin's
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
Crédit Agricole (ACA), France's second-largest bank by assets, unveiled a euro-pegged stablecoin, a rival to offerings from smaller peer Société Générale (GLE) and Circle Internet (CRCL) in a market t…
Citi slashes 12-month bitcoin, ether targets as ETF flows dry up
The bank lowered its base-case forecast for bitcoin to $82,000 from $112,000 and cut its ether target to $2,240 from $3,175. It now assumes no net ETF inflows over the next year, abandoning an earlier…
What's next for Bitcoin and stocks? Analysts see a volatile second half
The first half of the year was defined by the AI trade. The second half may be defined by a tougher question: Which companies and assets actually stand to benefit from it?
Ethereum gets a new nonprofit focused on institutional adoption
A new independent non-profit, Ethereum Institutional, has launched with the goal of accelerating institutional adoption of Ethereum, its layer-2 networks and the broader ecosystem.
Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
Aave, one of the largest decentralized lending protocols by locked value, recorded its strongest day of new-wallet creation in almost five years on June 30, a sign of fresh interest in the AAVE token …
Bitcoin opens the third quarter in an historical red zone after rare losing first half
The largest cryptocurrency fell 22.2% in the first quarter and another 14.09% in the second, according to Coinglass data, and was trading just above $59,000 on Wednesday as the third quarter began.
Europe is closing the door on offshore crypto, but it’s leaving the riskiest window open
With the end of MiCA’s transitional period fast approaching, the European Union is finally cracking down on unlicensed crypto exchanges in an effort to purge the continent’s spot markets of rogue oper…
Tokenized Google stock inflated 7,700% in rare DeFi lending exploit
Tokenized equities trading platform Edel Finance paused its lending protocol on Tuesday after an attacker exploited how it priced a tokenized stock, borrowing against collateral inflated to roughly 78…