News

Senate Democrats Seek Clarity on Meta's Stablecoin Plans Before Vote

Senate Democrats Elizabeth Warren and Richard Blumenthal have requested information from Meta regarding its stablecoin plans. Key points from their...
CoinDesk · 6d ago

Connecticut Bans Cryptocurrency Investments Amid National Trend

Connecticut has enacted a ban on cryptocurrency investments, countering trends in other U.S. states pursuing digital asset reserves. The Connecticut...
CoinDesk · 6d ago

SUI Posts 150% Gain Amid Upcoming $215 Million Token Unlock

SUI has gained 150%, rising from $1.71 to $4.30, but faces a potential risk with a $215 million token unlock on June 1, 2025, which could increase...
NewsBTC · 6d ago

USA Rozpoczyna Budowę Rezerwy Strategicznej Bitcoina z Wsparciem Bitcoin Hyper

Stany Zjednoczone rozpoczęły budowę Rezerwy Strategicznej Bitcoina. Inicjatywa, zainicjowana przez administrację Donalda Trumpa, ma na celu...
NewsBTC · 6d ago

Ether Rises to $2,873 on U.S.–China Trade Deal and CPI Data

Ether (ETH) hovered around $2,770 until news emerged of a draft U.S.–China trade framework. This agreement could lead to resumed rare-earth exports...
CoinDesk · 6d ago

U.S. Congress Advances STABLE and CLARITY Acts for Digital Asset Regulation

The U.S. is advancing towards a blockchain-driven financial future, but lacks a comprehensive regulatory framework for digital assets. Key points...
CoinDesk · 6d ago

Stripe to Acquire Crypto Wallet Provider Privy for Web3 Integration

Stripe is acquiring crypto wallet infrastructure provider Privy to enhance blockchain tool integration into digital products. Key points include: ...
CoinDesk · 6d ago

ATOM Establishes Support at $4.50 Amid Increased Ethereum Whale Activity

The Cosmos ecosystem token (ATOM) has formed a support level around $4.50 amid trader activity influenced by traditional finance and digital...
CoinDesk · 6d ago

Investors Encouraged to Consider Digital Assets for Higher Returns

Investment in Digital Assets Digital assets offer a favorable risk-reward ratio, with Bitcoin outperforming the S&P 500 by more than three...
CoinDesk · 6d ago

AAVE Surges 25% After Breaking Key Resistance at $311.50

AAVE's price increased by 3.8% in the last 24 hours and is up 25% since Monday. It broke through resistance at $311.50 with high trading volume,...
CoinDesk · 6d ago

Bullish Announces $14M Trading Competition for Professional Traders

Cryptocurrency exchange Bullish will host a trading competition in Q3 2023. Total prize pool is $14 million, with $10 million for the winner....
CoinDesk · 6d ago

Bitwise Estimates Bitcoin's Fair Value at $230,000 Amid Price Rally

Researchers at Bitwise Asset Management estimate Bitcoin's fair value at around $230,000, suggesting a premium of over 110% compared to its market...
NewsBTC · 6d ago

U.S. Establishes Strategic Bitcoin Reserve to Enhance Institutional Adoption

Formation of U.S. Strategic Bitcoin Reserve (SBR) The U.S. is establishing a Strategic Bitcoin Reserve to hold seized bitcoin assets. Over...
CoinDesk · 6d ago

OneBalance Secures $20 Million in Series A Funding for Developer Platform

OneBalance has raised $20 million in a Series A funding round to enhance cross-chain user experience. Key points include: The round was led by...
CoinDesk · 6d ago

Litecoin Rises Over 2% to Stabilize Near $93 Amid ETF Hopes

Litecoin (LTC) rebounded over 2% following a sell-off, stabilizing around $93. This recovery coincided with positive movements in traditional...
CoinDesk · 6d ago

Bitdeer Expands Self-Mining Capacity and Ships 1.6 EH/s of SEALMINER A2s

Bitdeer (BTDR) increased its self-mining capacity and expanded operations in May. Mined 196 BTC, an 18% increase from April Proprietary hashrate...
CoinDesk · 6d ago

Pi Network Price Remains Above $0.60 Amid Bullish Signals

Pi Network's price has stabilized around $0.60, maintaining support despite recent selling pressure. Signs indicate a potential recovery as...
Coinspeaker · 6d ago

Filecoin Price Increases 3.6% After Confirming Support at $2.68

Filecoin (FIL) is currently trading around $2.755, reflecting a 3.6% increase over the last 24 hours. The token has established support levels...
CoinDesk · 6d ago

TON Experiences Volume Spike Amid Sell-Off and Key Support at $3.25

Recent trading of TON, linked to Telegram, showed a bearish-to-bullish reversal pattern. Key points include: Support found at $3.25 after...
CoinDesk · 6d ago

BNB Token Gains 1.75% as Market Monitors Resistance Near $674

Binance’s BNB token increased by 1.75% in the last 24 hours, rising from $659.72 to $670.91, amid market volatility due to geopolitical and economic...
CoinDesk · 6d ago

Market Requires Standardized Benchmark for Evaluating Centralized Exchanges

CoinDesk's April 2025 Exchange Benchmark report provides a detailed framework for assessing the operational quality of digital asset exchanges,...
CoinDesk · 6d ago

AVAX Token Rises 4% as $22 Support Zone Remains Strong

Avalanche's AVAX token is showing strong support around the $22 level, effectively resisting multiple downward tests. Key points include: AVAX...
CoinDesk · 6d ago

H100 Group Raises $10.5 Million to Enhance Bitcoin Treasury Strategy

Sweden's H100 Group, a health and longevity company, raised $10.5 million (SEK 101 million) from crypto investors including Blockstream CEO Adam...
CoinDesk · 6d ago

Paul Tudor Jones Advocates for Bitcoin in Portfolios Amid U.S. Debt Crisis

Billionaire investor Paul Tudor Jones emphasized bitcoin's role as a necessity rather than just a speculative asset amid current economic...
CoinDesk · 6d ago

World Chain Integrates Native USDC and Circle's Cross-Chain Transfer Protocol

World Chain, part of the World Network backed by Sam Altman, now supports natively minted USDC from Circle. The integration with Circle’s...
CoinDesk · 6d ago

Bitwise Launches GME Option Income Strategy ETF for GameStop Investors

Bitwise Asset Management has launched the Bitwise GME Option Income Strategy ETF (IGME) to leverage GameStop's recent pivot towards bitcoin. The...
CoinDesk · 6d ago

ViVoPower to Deploy $100 Million in XRP on Flare Network

VivoPower International has initiated a $100 million deployment of XRP on the Flare Network, following its XRP Treasury strategy launch. This...
Coinspeaker · 6d ago

Bitcoin Surges Above $107,000 as Bullish Momentum Gains Strength

Bitcoin has surpassed the $107,000 mark, indicating strong bullish momentum. The cryptocurrency briefly reached $110,000 after several attempts to...
NewsBTC · 6d ago

Sandeep Nailwal Becomes CEO of Polygon Foundation Amid Major Overhaul

Polygon's co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, aiming for aggressive growth and protocol consolidation. His...
Coinspeaker · 6d ago

CoinDesk 20 Index Rises 0.4% with AAVE Up 2.8%

The CoinDesk 20 Index is currently at 3283.15, reflecting a 0.4% increase since Tuesday's close. Eight of the 20 assets are trading higher...
CoinDesk · 6d ago