On the eve of a U.S. House of Representatives hearing to scrutinize a bill to establish rules for the crypto markets, Democrats said they’ve been stymied from seeking technical information about its effects from the U.S. Securities and Exchange Commission, according to staffers. Regulatory agencies such as the SEC routinely give technical analysis to lawmakers, […]
Pump.fun is planning to raise $1 billion in a token sale at a $4 billion fully diluted valuation (FDV), according to Blockworks, which added that it was unable to confirm timing nor whether the new token would be issued on pump.fun. The platform, which allows any and all to freely create their own tokens on […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC is trading around $106,402.39 as Asia begins its trading […]
The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first […]
The Ethereum Foundation has laid off some members of its research and development team as part of a broader restructuring effort aimed at refocusing on critical protocol design challenges, the organization said in a blog post Monday. The shake-up comes as the Switzerland-based nonprofit grapples with ongoing criticism over its management and strategic direction. Some […]
A new ranking of crypto-friendly U.S. states puts New Hampshire at the top despite its steep electricity prices and lack of bitcoin mining activity. The state scores high due to its zero capital gains tax, lack of restrictive crypto regulation and a dense network of crypto-accepting businesses and ATMs. The study, conducted by digital mining […]
Geopolitical tensions and regulatory uncertainty continue to shape cryptocurrency markets as Cardano ADA experiences volatile price action between $0.664 and $0.690. Despite strong network fundamentals, including surpassing 110 million total transactions, ADA faces downward pressure amid broader market concerns about inflation and monetary policy decisions. Technical Analysis ADA-USD exhibited a volatile 24-hour trading range of […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC is trading above $105K as Asia begins its business […]
Meet James Wynn, the pseudonymous trader on Hyperliquid who became famous for his $1 billion bitcoin short bet, could now be gaining a new kind of fame: as crypto’s own “Inverse Cramer.” For those unfamiliar with the Cramer lore: he’s the high-octane, loud-money mascot of CNBC’s Mad Money, a former hedge fund manager turned stock […]
XRP, used by Ripple to facilitate cross-border transactions, ended May with signs of indecision. Still, activity on the dominant crypto options exchange, Deribit, suggests that bulls aren’t ready to back down yet. The payments-focused cryptocurrency formed a “doji” with a long upper shadow in May, a classic sign of indecision in the market, according to […]
Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty. On-chain data revealed sizable inflows to centralized […]
Solana (SOL) remains under pressure as macroeconomic headwinds—particularly renewed tariff concerns — rattle investor confidence. The token is now hovering around $154.50 after establishing a tight trading range between $152.33 and $158.06, reflecting a 3.76% swing in the past 24 hours, according to CoinDesk Research’s technical analysis data model. Although higher lows had previously suggested […]