Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
The cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday.
What's On
UK vows to phase out Russian diesel and jet fuel imports by new year
The UK government has committed to banning imports of diesel and jet fuel made from Russian oil by 1 January 2027.
Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows
Latest developments: Crypto markets are under pressure as Bitcoin sits around $60,000 and ETF outflows continue.
Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps
Latest developments: Kalshi’s launch of CFTC-regulated crypto perpetuals has reignited a long-running debate over financial market definitions.
CoinDesk 20 performance update: Ethereum (ETH) falls 1% as index trades lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market
Latest developments: VanEck recently launched the first U.S. spot BNB ETF, trading under the ticker VBNB on Nasdaq.
Monero price rockets 33% to $438 amid $120 million onchain laundering maze
Someone routed $120 million in stablecoins through a chain of swaps this week, and a sudden jump in the Monero price made it visible.
XRP sentiment falls to 8-month low, and that has been a buy signal before
Social chatter support for XRP has dropped to levels not seen since October, a point that has previously been a cue for traders looking to make short-term bullish bets on the Ripple-linked token.
The U.S. government is betting $2 Billion on quantum computing, and the defense side can't keep up
Last month, the United States Commerce Department signed letters of intent to award just over $2 billion to nine quantum computing companies building the machines that break the cryptography defending Bitcoin and Ethere…
FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges
FTX founder and former CEO Sam Bankman-Fried lost his effort to overturn his conviction on fraud and conspiracy charges tied to the operation and collapse of his former crypto trading empire on Friday.
UK signals it may block payout to British Steel owner
The UK government has signalled it could limit or refuse compensation to the Chinese owner of British Steel as the company seeks reparation costs following a decision to nationalise the steelworks.
For crypto, SpaceX's stock market debut could go either way
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
UK economy contracts as Iran war impact felt
The UK's economy shrank slightly in April as the Iran war began to have an impact on businesses, official data has indicated.
'I was employee number one': SpaceX co-founder reacts to firm's market debut
Tom Mueller was the first employee at SpaceX, a company he co-founded with Elon Musk in 2002.
UK economy contracts as Iran war impact felt
The UK's economy contracted by 0.1% in April, the latest official data has shown.
The company that makes your TV is taking ads onchain. Arbitrum helped
Blockchain is no longer just a story of Wall Street banks and brokers leveraging the technology to optimize finance. Now, corporates are embracing distributed ledger to streamline business operations.
'I was employee number one': SpaceX co-founder reacts to firm's market debut
Tom Mueller was the first employee at SpaceX, a company he co-founded with Elon Musk in 2002.
Live updates: Bitcoin traders eye rally to $75,000, Japan set to hike rate to 31-year high
The Nasdaq-100 rebalance takes effect on June 22, with CoreWeave (CRWV) and Nebius Group (NBIS) among the five companies being added in the index's quarterly reshuffle.
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
Prediction markets should not preempt state laws around sports gambling, the former head of the Commodity Futures Trading Commission and Securities and Exchange Commission, Gary Gensler, said in a court filing late Thur…
XRP jumps 3% above $1.14 as institutional buying meets key resistance test
XRP bounced sharply from last week's selloff, reclaiming $1.14 on its strongest volume in weeks. Buyers pushed the token through resistance near $1.12 and kept buying into the close, a change from the short-lived reboun…
Bitcoin climbs back into the green as Trump signals an end to the Iran war
The risk-off mood that hammered crypto all week is reversing. Bitcoin is back in the green, and the trigger was a sudden de-escalation in the Iran war.
My friends always want to split the bill equally, how do I say no?
One friend orders two cocktails. Another "just wants to try" that £16 truffle arancini starter. But you stuck religiously to tap water. So when the waiter places the card reader on the table at the end of the night, you…
India's 'blue gold' starts a new drinks industry
His 10-acre farm in Kandukur is on the Deccan Plateau, which covers a large part of southern and central India. There he grows tomatoes, peanuts and corn.
My friends always want to split the bill equally, how do I say no?
One friend orders two cocktails. Another "just wants to try" that £16 truffle arancini starter. But you stuck religiously to tap water. So when the waiter places the card reader on the table at the end of the night, you…