Post-prison CZ says time behind bars didn't hurt the billionaire's business after Binance
How does a high-profile crypto founder recover his reputation after serving prison time? Changpeng "CZ" Zhao's answer: He doesn't have to.
Finance
Japanese Yen holds near intervention levels as US data supports Fed caution
The USD/JPY pair trades within the historical intervention zone at 161.80 on Thursday, holding near multi-decade highs as the Japanese Yen remains slightly under pressure amid wide United States-Japan yield differential…
Crypto for Advisors: Bitcoin: planning for inheritance
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
WTI rebounds while traders monitor fresh developments in the Strait of Hormuz
West Texas Intermediate (WTI) crude Oil edges higher on Thursday, snapping a three-day losing streak as short covering lifts prices following the recent selloff to a more than three-month low. At the time of writing, WT…
Strategy's yield-generating STRC stock is more correlated with BTC than ever
Bitcoin holder Strategy Inc.’s perpetual preferred stock, known as STRC or “Stretch,” is showing an increasingly tight link to bitcoin’s
Japanese Yen gains modestly against the US Dollar after US PCE data meets expectations
USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JPY) remains pinned n…
Polish Cybercrime Police Arrest Four In Major Crypto Theft Investigation
The post Polish Cybercrime Police Arrest Four In Major Crypto Theft Investigation appeared first on Coinpedia Fintech News
Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
The largest cryptocurrency has since bounced to $59,400, down 2.5% over the past 24 hours. The selloff spread across the broader crypto market. Ether (ETH) dropped to around $1,550, down 5.5%, while solana (SOL) and
Thai Baht: Long policy hold supports fragile recovery – UOB
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Bank of Thailand (BoT) kept its policy rate at 1.00% and is expected to hold this level through 2027. They stress that Thailand’s recovery is narro…
Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
The forecast, made in Chinese on X, puts the low some 30% below bitcoin's current level near $60,700, and rests less on the cryptocurrency's performance than on Strategy, the largest corporate holder of the token, accor…
CoinDesk 20 performance update: AAVE gains 10.1% as index rises
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms
Blockchain intelligence firm TRM Labs said CoinEx served as a gateway for the crypto sector in Iran, having traced more than $3.84 billion in flows between the exchange and sanctioned Iranian entities in the last seven …
Euro gains as US Dollar retreats despite firm PCE inflation, German sentiment improves slightly
The EUR/USD pair elevated slightly near 1.1380 trades with mild gains on Thursday, as the US Dollar (USD) loses momentum despite a fresh batch of United States (US) economic data showing sticky inflation, stronger growt…
BlackBerry is making a massive comeback as an 'uncrashable' software layer for AI and robotics
Remember BlackBerry? Yes, that BlackBerry: The phone with a physical keyboard that everyone used and suddenly became obsolete after Apple introduced the iPhone.
Quant fund says bitcoin is near a major inflection point as rare onchain signals align
In a recent report, the hedge fund explained that four proprietary onchain signals have aligned only five times during bitcoin's 15-year history. Each previous occurrence marked a cycle bottom, although Sullivan caution…
US Dollar: Rally extends as Fed repricing dominates – ABN AMRO
ABN AMRO strategist Georgette Boele notes that recent Dollar strength has been driven mainly by a reassessment of the Federal Reserve outlook, with markets now pricing in rate hikes into 2026. She argues this repricing …
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
Boston-based stablecoin issuer Circle Internet Financial announced a partnership on Thursday with Japanese financial conglomerate Nomura Holdings to launch a digital asset settlement business. The firms plan to deploy a…
United States: Long-run growth and China challenge – Commerzbank
Commerzbank’s Bernd Weidensteiner and Christoph Balz describe the United States as a long‑term growth success, driven by population gains, immigration and productivity, but now facing a serious challenge from China. The…
Equities: Micron earnings lift Korean equities – MUFG
MUFG highlights that strong earnings guidance from Micron Technology, a key AI memory supplier, has boosted sentiment in AI and tech stocks. Revenue guidance far exceeded expectations and new strategic agreements suppor…
British Pound rebounds as US Dollar bulls fade despite hot Core PCE
The Pound Sterling (GBP) advances 0.22% against the US Dollar (USD) on Thursday, even though the US economy grew faster than previously reported in Q1, while inflation readings suggest the Federal Reserve (Fed) needs to…
Euro stabilizes near 13-month lows against the US Dollar after in-line US inflation data
EUR/USD recovers from intraday lows on Thursday as traders digest a heavy batch of US economic data. At the time of writing, the pair trades around 1.1362, staging a rebound from thirteen-month lows reached on Wednesday.
SBI to Acquire Bitbank in $289 Million Deal
Japanese financial group SBI will acquire crypto exchange Bitbank for Â¥46.7 billion ($289 million). After the transaction closes, Bitbank will become an SBI subsidiary, and the combined group’s crypto assets under cust…
Bitcoin supply in loss reaches record high 10.83 million BTC
The largest cryptocurrency has tested the $60,000 level repeatedly since February, briefly falling below it several times. Four months ago, the supply in loss peaked at 9.8 million BTC. It climbed to 10.78 million in ea…
Crypto relief rally fails to shake persistent bearish derivatives signal
The largest cryptocurrency remains at a critical level in terms of broader market structure. A potential break lower in price could trigger a slide to around $52,000. For now, it appears to have weathered the storm.