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 […]
News from Web3, Bitcoin and crypto crurrency launches and market updates
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. […]
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. Ethereum surged past $2,600 in early Asia hours, up 3.7%, breaking […]
LAS VEGAS, Nevada — Donald Trump Jr., the eldest son of U.S. President Donald Trump, said he and his younger brother Eric Trump “orange-pilled” their father after the family and its organization experienced pervasive de-banking in the wake of Trump’s first presidential term. Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Don Jr. said he […]
LAS VEGAS, Nevada — The U.S. Senate seems to be getting close to passing its landmark stablecoin bill, the GENIUS Act — a battle its champion Cynthia Lummis (R-Wyo.) said has been incredibly hard-fought. “It has been extremely difficult,” Lummis said during a fireside chat with Coinbase’s Chief Legal Officer Paul Grewal at Bitcoin 2025 in Las […]
The International Monetary Fund (IMF) stated on Tuesday that “efforts will continue” to make sure that the total amount of bitcoin BTC held by El Salvador’s government does not change. Back in March, El Salvador reached an agreement with the IMF to receive a $3.5 billion loan package. Some of the conditions of that deal […]
The Solana Network Is Now Live on MetaMask
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Users of Solana may now access the network through a MetaMask wallet. MetaMask announced on Tuesday that its Solana integration was live, meaning that users can now transact on the second largest smart-contract platform and interact with Solana-based applications through the wallet. “Let’s be honest. Managing wallets across MetaMask and Solana used to be a […]
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. Uniswap’s UNI token surged from $6.00 to $6.65 over the past […]
Bitlayer, a Bitcoin Layer 2 built on the BitVM paradigm, has partnered with three of the world’s largest bitcoin BTC mining pools — Antpool, F2Pool, and SpiderPool — in a first-of-its-kind collaboration to accelerate the real-world adoption of BitVM, a breakthrough technology focused on enabling Bitcoin-native DeFi. Bitcoin’s ecosystem has lagged behind other Layer 1s […]
After softly rising over the weekend, bitcoin BTC slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at […]
Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, is planning to raise $3 billion to buy crypto assets, the Financial Times reported on Monday. The capital raise, which is said to combine an equity raise and convertible bond offering, could be announced at this week’s Bitcoin 2025 […]