CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
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U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
The U.S. Federal Reserve, Treasury Department and other financial regulators are pushing a new stablecoin rule that treats issuers like other regulated financial firms when it comes to identifying their users, releasing…
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal
HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year GPU cloud contract with Bell Canada and AI firm Cohere, as the company continue…
Bitcoin's nemesis, the Dollar Index, is on the verge of a major breakout
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Algorand unveils roadmap to achieve quantum resistance by 2028
The Algorand Foundation unveiled a roadmap to make its blockchain quantum-resistant by the end of next year, becoming the latest crypto network to outline plans for a future in which quantum computers could threaten the…
Alchemy's AI-driven identity and payment service gains access to Visa network
Blockchain infrastructure firm Alchemy said AI agents with its AgentCard now have access to the Visa (V) network with complete identity and payment capabilities, enabling them to make online purchases on behalf of consu…
Aster popped over 10% on radical 'buyback and burn' upgrade. But gains were short-lived
Decentralized perpetuals-dedicated exchange Aster's native token ASTER popped and dropped sharply in 24 hours as protocol-focused bullish news ran into a hawkish Fed meeting and broader market weakness.
The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks
The best-performing stocks of the past decade are coming under pressure as investors question the enormous cost of the AI arms race and rotate into new fields with stronger momentum.
The bond market is flashing a clear signal on interest rates. Bitcoin bulls should take note
Something has drastically shifted in the bond market, and it's offering negative cues to risk assets, including bitcoin
Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
US spot bitcoin and ether ETFs both turned to outflows on Wednesday in a sign the recovery rally has lost its institutional bid.
Crypto market positioning is 'defensive and thin' after Fed, Marex analysts say
The crypto market slipped a day after the Federal Reserve raised expectations that U.S. interest rates are headed higher.
CME chief executive says company plans to sue CFTC after perpetual futures approval
CME Chief Executive Terrence Duffy said the derivatives provider planned to sue the U.S. Commodity Futures Trading Commission (CFTC) after it approved perpetual futures products earlier this month.
Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
That level is the 200-week simple moving average (SMA), which represents the token's average price over that period, providing traders with a clear glimpse of the long-term trend while cutting through day-to-day noise.
Strategy's STRC preferred stock hits a record low below par
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting one of the company's funding channels.
XRP slips 4% below $1.20 after breakout rally stalls near key resistance
XRP's push toward $1.25 ran into the same problem that has capped every rally since the spring selloff: sellers waiting overhead. After briefly trading above $1.22, the token lost the $1.20 level on heavy volume and spe…
Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing on real-world applications, such as tokenization, and artificial intellige…
Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees
Coinbase's (COIN) latest product launch event may not have changed Wall Street's near-term earnings forecasts, but it reinforced a growing belief among analysts that the crypto exchange is steadily transforming itself i…
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.
Kentucky targets prediction markets, puts red state in potential clash with Trump team
Kentucky's attorney general has sued leading prediction market firms Kalshi and Polymarket, accusing them of offering illegal sports betting without a license, adding its name to the growing list of states opposing the …
Fed holds rates steady in first decision under new Chairman Kevin Warsh
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously.
Fidelity joins Wall Street's race to manage stablecoin reserves
Fidelity Investments is the latest Wall Street firm seeking a role in one of the fastest-growing corners of digital assets: managing the reserves that back stablecoins.
Bitcoin layer-2s face a bear-market reality check
When Botanix announced last week that it would be winding down operations, the Bitcoin layer-2 project did not try to sugarcoat its message.
Crypto Long & Short: The measure of a maturing market
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Moody’s rolls out credit ratings on Solana in tokenized asset push
Moody's Ratings is rolling out its credit ratings to Solana (SOL), allowing issuers of tokenized bonds and other fixed-income securities to embed the firm's assessments directly into blockchain-based assets.