CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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BitFuFu Achieves 34.1 EH/s Hashrate with 400 BTC Produced in May
Bitcoin mining firm BitFuFu reported significant growth in May, achieving a hashrate of 34.1 exahashes per second (EH/s) and producing 400 BTC, an...

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Circle's IPO Expected to Price Above Market Range Due to High Demand
Circle Internet Group plans its initial public offering (IPO) with strong demand exceeding supply. Orders have surpassed available shares by over 25...

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TON Faces Selling Pressure After Breakdown of $3.16 Support Level
Recent analysis indicates that TON faced challenges in maintaining price stability. Key points include:
Failed breakout attempt at $3.22,...

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Litecoin Maintains Support at $89 Amid Layer-2 Launch
Litecoin (LTC) is maintaining crucial support at approximately $89 amid mixed fundamental and macro factors. Key points include:
LTC tested lows...

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Zcash Emphasizes Importance of Privacy for Cryptocurrency Adoption
Privacy is essential in cryptocurrency for financial sovereignty and social change. Zcash, the first cryptocurrency to implement strong privacy...

AVAX Breaks Key Support at $21.05 Amid Increased Trading Volume
AVAX Market Update
AVAX broke below key support levels amid increased trading volume.
Price declined in tandem with Bitcoin's 1.1% drop...

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BNB Price Steady at $668 Amid Increased Activity and Regulatory Tension
BNB is trading at approximately $668, influenced by positive ecosystem developments and regulatory challenges. Key points include:
BNB has...

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Stablecoin Transfer Volume Reaches $27.6 Trillion, Surpassing Visa and Mastercard
Stablecoins are transforming finance, with a transfer volume of $27.6 trillion last year, surpassing Visa and Mastercard combined. Factors...

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U.S. Government Establishes Strategic Digital Asset Reserve Including Major Cryptos
The integration of traditional finance (TradFi) and digital asset markets is accelerating, creating a more institutional-grade ecosystem. Key...

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Treasure Global to Invest $100 Million in Cryptocurrency Treasury Strategy
Treasure Global (TGL) plans to invest up to $100 million in cryptocurrencies as part of a new capital strategy.
Half of the funding will come from...

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Cardano Forms V-Shaped Recovery as Price Reclaims $0.697 Level
The cryptocurrency market is influenced by global economic factors, affecting digital assets. Cardano's ADA has shown resilience, forming a V-shaped...

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Webus International Files SEC Form for $300 Million XRP Treasury Initiative
Webus International (WETO) filed a Form 6-K with the U.S. SEC, announcing plans to establish a $300 million treasury focused on XRP.
The key...

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MoonPay Receives BitLicense and Money Transmitter License from NYDFS
MoonPay has received a BitLicense and money transmitter license from the New York State Department of Financial Services (NYDFS), completing its...

AUSTRAC Implements New Measures for Crypto ATM Providers to Combat Scams
Australia's anti-money laundering regulator, AUSTRAC, has implemented new measures for crypto ATM providers to combat scams targeting the elderly.
...

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CoinDesk 20 Index Falls 1.1% with SUI Dropping 3.9%
The CoinDesk 20 Index is currently at 3117.62, reflecting a decrease of 1.1% (-35.3) since Tuesday at 4 p.m. ET.
Key points:
Only three out of...
