Markets went red on Friday on renewed tariff-related apprehensions. Bitcoin BTC is down 2.1% in the last 24 hours, trading just above $104,000 after briefly hitting a session low of $103,900. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, memecoins and exchange coins — slumped even […]
The cryptocurrency market is experiencing significant downward pressure as global economic uncertainties impact digital assets across the board. Avalanche (AVAX) has been particularly affected, with increased selling occurring at high volume, establishing strong resistance at the $22.35 level. New Jersey’s Bergen County announced on Wednesday that it plans to digitize all property deeds on the […]
LAS VEGAS, Nevada — Silk Road founder Ross Ulbricht has a message for the crypto community: if you want to maintain your freedom, you must remain unified and decentralized, and you must be prepared for a struggle. In a heart-felt keynote speech closing out Bitcoin 2025 in Las Vegas on Thursday, Ulbricht, addressing the public […]
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 […]
Two men suspected in the kidnapping and torture of a 28-year-old Italian cryptocurrency investor have pleaded not guilty, while the investigation into their case appears to have expanded to the New York Police Department itself. New York police had previously arrested William Duplessie, 33, and John Woeltz, 37, on the charges, as well as a […]
The U.S. Securities and Exchange Commission moved to drop its long-running lawsuit against crypto exchange Binance on Thursday, without providing an explanation in a court filing. The SEC and Binance filed a joint motion, noting that the case had already been paused while the SEC’s new crypto task force worked to “develop a regulatory framework […]
Reform UK leader Nigel Farage promised today to pass crypto-friendly legislation and establish a bitcoin BTC reserve at the Bank of England if he comes into government. “We have put together… the Crypto Assets and Digital Finance Bill. We will campaign for this, and we will put it in place when we win in the […]
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. Telegram’s blockbuster deal with xAI, which would see Elon Musk’s AI […]
LAS VEGAS, Nevada — The government of Pakistan has plans to establish a strategic bitcoin BTC reserve and support bitcoin mining, the country’s Minister of State for Blockchain and Crypto Bilal Bin Saqib announced at Bitcoin 2025 in Las Vegas on Wednesday. Bin Saqib said that Pakistan’s plans for a strategic bitcoin reserve were inspired by […]
Telegram and X have not yet actually signed a deal that would bring xAI’s Grok to Telegram, despite Telegram’s Pavel Durov announcing it earlier Wednesday, putting sell pressure on TON’s recent rally. The deal would see Telegram receive 50% of the revenue from xAI subscriptions sold via its platform, along with $300 million in cash […]
Shares of Nvidia (NVDA) rose roughly 4% in post-trading hours after reporting better-than-expected earnings and revenue on Wednesday. The AI powerhouse posted a 69% increase in revenue in the first quarter, compared to a year ago, with its data center business growing 73% year-over-year. Net income came in at $18.8 billion, up 26% from a […]
The U.K.’s Financial Conduct Authority (FCA) is seeking additional views on its upcoming stablecoins regime, it said on Wednesday. “In support of the opportunities stablecoins present to financial services and the broader economy, the FCA will explore adding a specific focus on stablecoins to its innovation services in the coming months,” the FCA’s statement said. […]