As federal agencies prepare for new executive leadership, an obscure ethics rule threatens to hamstring the incoming Trump administration's ability to develop sound digital asset policy. Legal Advisory 22-04, issued by the Office of Government Ethics in 2022, has flown largely under the radar as part of the Biden administration's restrictive...
Read more
Blockchain tracking firm Lookonchain says one savvy crypto trader generated astronomical returns on an artificial intelligence (AI) related digital asset in less than three months....
Read more
A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside. In a new thread, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that even though the crypto king looks like it's on the...
Read more
Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined $38.5 million in civil penalties to settle securities fraud charges with the U.S. Securities and Exchange Commission (SEC). The crypto venture capital firm will bear the brunt of...
Read more
U.S. Senator Cynthia Lummis (R-WY) wants the Federal Deposit Insurance Corporation (FDIC) to secure materials that may be related to the US government’s alleged efforts to de-bank crypto firms....
Read more
Ethereum's developers have finally delivered a timeline for the chain's next big upgrade, Pectra, which promises to introduce an array of speed and efficiency improvements to the second-largest blockchain. At a developer meeting held virtually on Thursday, Ethereum's core team set the upgrade's target release date for March 2025. Pectra...
Read more
CoinDesk’s coverage kicked into high gear this week as crypto readied for a new presidency and a new regulatorily-friendly era. Some highlights:Senior analyst James Van Straten reported on a wave of companies buying bitcoin for their balance sheets, following a model pioneered by MicroStrategy’s Michael Saylor. Markets reporter Krisztian Sandor...
Read more
President-elect Donald Trump’s pick for Treasury Secretary does not think that the US needs to launch a central bank digital currency (CBDC)....
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 3949.35, up 1.1% (+41.73) since 4 p.m. ET on Thursday. Sixteen of 20 assets are trading higher. Leaders: NEAR (+6.3%) and LTC (+5.9%). Laggards:...
Read more
Crypto will become more deeply integrated into traditional finance (TradFi) through exchange-traded funds (ETFs) and corporate holdings this year, according to crypto-trading firm Wintermute. In addition, a large corporate event such as an acquisition or merger will be settled in stablecoins, the market maker and liquidity provider said in an...
Read more
Crypto venture capital (VC) activity remains below the levels seen in previous bull markets despite the recent rally in digital assets, Galaxy Digital (GLXY) said in research report on Wednesday. Total capital allocated to VC funds in 2024 was $11.5 billion, less than in 2023. Galaxy noted that VC activity...
Read more
Publicly traded U.S. crypto mining companies doubled their bitcoin (BTC) holdings last year, taking the total to 92,473 valued at $8.6 billion as of end-December while the price of the largest cryptocurrency rose 120%, according to data from TheMiningMag. The biggest amount, almost half of the total, is held by...
Read more
Bitcoin (BTC) mining stocks tracked by JPMorgan have enjoyed a strong start to the year, with 12 of the 14 companies outperforming the world's largest cryptocurrency in the first two weeks, the Wall Street bank said in a research report Thursday. The network hashrate has risen 2% month-to-date to an...
Read more
XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the Nasdaq-listed cryptocurrency exchange that's seen as a proxy for U.S. demand. Bitcoin retained its position as most-traded crypto asset on Binance, the largest exchange by volume, which is off-limits to...
Read more
The Donald Trump-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has moved nearly $60 million worth of Ethereum (ETH)....
Read more
A widely followed crypto analyst says one under-the-radar altcoin is about to break out while updating his outlook on the top two digital assets by market cap....
Read more
Dear President-Elect Trump, In your keynote address at the Bitcoin conference in Nashville last year, you pledged to make the United States the crypto capital of the world if re-elected for a second term. As you return to the presidential office this Monday, we write to you as practicing members...
Read more
An employee of a diamond mining company in Russia was reportedly sentenced to seven years in prison for providing financial assistance to the military forces of Ukraine....
Read more
Born in 2001 in Argentina just as the country began to experience a devastating economic crisis, Amanu founder Gianluca Minoprio saw firsthand how traditional banking systems can fail their users. This experience shaped his mission to create a new type of crypto wallet, one that aims to bridge the gap...
Read more
Italy’s biggest bank has reportedly made its first proprietary Bitcoin (BTC) trade, as analysts expect the value of the flagship crypto asset to increase by more than double this year....
Read more
A strategic bitcoin reserve has been a large part of the crypto discussion ahead of Donald Trump's inauguration, but does the incoming 47th president have other tokens on his mind? Solana's SOL, Ripple's XRP and Hedera's HBAR are among the altcoins outperforming on Thursday, in part thanks to a NYPost...
Read more
In the crowded world of crypto startups, standing out often requires a dash of audacity. Enter RampMeDaddy, a name that echoes the bold branding of domain registrar GoDaddy, while promising something entirely different: seamless crypto transactions via Telegram. What began as a hackathon project at Consensus 2024 has evolved into...
Read more
Ctrl Wallet, the multi-chain self-custody wallet solution is up for sale, the company's CEO and founder Emile Dubie told CoinDesk in an exclusive interview. The sales process was triggered after the company received two M&A approaches late last year, Dubie said. The wallet provider, formerly known as XDEFI, received a...
Read more
A memecoin named after Coinbase co-founder Brian Armstrong's cat is surging after the top US crypto exchange added the digital asset to its listing roadmap....
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 3878.91, up 3.6% (+133.71) since 4 p.m. ET on Wednesday. Thirteen of 20 assets are trading higher. Leaders: HBAR (+17.0%) and LTC (+13.0%). Laggards:...
Read more
Most investors have their eyes set on President Trump's inauguration on Jan. 20, which has the potential to be a key catalyst for bitcoin (BTC) and cryptocurrency prices. However, a few days later, there is a potential rate hike on the cards from the Bank of Japan (BoJ). According to...
Read more
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has had a bullish 24 hours, thanks to Wednesday's soft U.S. core inflation print that alleviated hawkish Fed concerns. The momentum, however, has slowed. With the inflation data out of the way, crypto traders are refocusing on President-elect...
Read more