The banking lobby is wrong about stablecoins and community banks
Congress is debating whether stablecoins will hollow out community banking. The banking lobby says yes. The data says otherwise.
Digital Assets
Binance withdraws Greek MiCA bid but vows to remain in Europe
Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another European Union country, the crypto exchange said Wednesday via seve…
Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone
Bitcoin has fallen below the lowest band of the popular Bitcoin Rainbow Chart for the second time in its history, a valuation model that has tracked BTC’s long-term price cycles for more than a decade…
CZ, Binance founder, wants to clear up 'misunderstandings' about who he is
Binance founder Changpeng "CZ" Zhao is one of the most famous CEOs in crypto history. But he doesn't want to run the global exchange he largely owns. He doesn't want to run its U.S. arm he mostly owns…
Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act
U.S. President Donald Trump has refused to sign a law that includes a four-year ban on central bank digital currencies, which was part of Congress' housing affordability bill, until he gets unrelated …
SecondFi loses $2.4 million in Cardano wallet exploit
SecondFi, the Cardano wallet formerly known as Yoroi, says it has patched a major exploit that drained roughly 16 million ADA, worth approximately $2.4 million, from 374 user wallets across three sepa…
CoinDesk 20 performance update: Aave (AAVE) gains 5.9% as index moves higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart
Standard Chartered's Geoff Kendrick has initiated coverage of decentralized lending protocol Aave
Bitcoin could fall to $55,000 before finding a bottom, 10x Research says
Thielen's call centers on the recent strength of the U.S. dollar, which historically acts as a headwind for bitcoin. The outlook has been reinforced by the Federal Reserve's hawkish turn under new Cha…
Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition
Isadora Arredondo has a unique outlook on crypto regulation in the United Kingdom. Before joining Hedera as vice president of global policy, she worked at the U.K.’s Financial Conduct Authority (FCA),…
Bitcoin falls to $60,000 as AI trade continues to draw investor interest and capital
Also continuing to lose ground on Wednesday were gold and oil, each falling below key levels — gold $4,000 per ounce and oil $70 per barrel.
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
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Cboe revives S&P 500 binary options, chasing a market popularized by Polymarket, Kalshi
Cboe, one of the largest U.S. derivatives exchanges, said it is entering the prediction-market arena and is reviving binary options on the S&P 500 index after abandoning them more than a decade ago, a…
This forgotten coin could surprise everyone before its next halving
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Gold, silver and bitcoin tumble as debasement trade unwinds
Gold and silver have both retreated sharply from their January 2025 highs, falling below key psychological milestones. Gold is down roughly 28% from its January peak of $5,600 and now trading below $4…
The Runes revival: Bitcoin traffic hits a two-year high as transactions blast past 820,000
Bitcoin's onchain activity is surging despite the asset remaining deep in a bear market.
YZi Labs ends proxy war with BNB treasury company CEA Industries
BNB treasury company CEA Industries (BNC) is undergoing a boardroom shakeup following a cooperation agreement with Binance-linked backer YZi Labs.
Bitcoin clings to $62,500 as bears tighten grip on crypto market
Derivatives positioning is broadly bearish: Even though SOL futures open interest hit a lifetime high, funding rates and CVD are both negative and ETH open interest rose as prices fell.
CryptoQuant says Michael Saylor's Strategy should halt its bitcoin buying
The strain showing up in the company's STRC preferred stock is a sign the firm has overextended itself, it added. STRC, Strategy's flagship preferred stock, fell to about $82.50 last week, a record 17…
Bitcoin’s ‘OG’ investors have slowed selling in a bullish sign for the market
These "OGs", the legendary investors who have held their coins for at least five years, have hit a significant lull in their selling activity. The 90-day moving average of coins spent by these long-te…
Trump lands in Senate's crosshairs over $500 million UAE investment in his crypto venture
Senate Democrats called for immediate hearings into UAE officials' huge investments in President Donald Trump's family crypto venture, World Liberty Financial, and subsequent decisions by the Trump ad…
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Bitcoin's (BTC) price chart is flashing a bearish signal amid risk-off cues from currency markets.
Crypto PAC's $5.5 million Congress pick gets Maryland win, more crypto allies advance
The leading crypto political action committee, Fairshake, often backs its favored hopefuls for the U.S. House of Representatives with ad campaigns in the hundreds of thousands of dollars, but it devot…
Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
Bitcoin fell toward $62,000 on Wednesday as a second day of heavy selling in technology stocks kept pressure on risk assets worldwide.