CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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May Sees Record Institutional Adoption and Legal Advances for Bitcoin

Travis Kling from Ikigai Asset Management reported significant advancements in Bitcoin and the broader crypto ecosystem during May. Key highlights...

BitoPro Exchange Suspected of Losing $11.5 Million in Cyber Exploit

Taiwanese exchange BitoPro is suspected of losing over $11.5 million in tokens due to an exploit on May 8, according to blockchain analyst...

Malicious Ethereum Contracts Fail to Profit from Wallet Draining Attempts

Wintermute identified malicious Ethereum contracts, termed "CrimeEnjoyors," which exploit wallets with weak security. These contracts emerged from...

Metaplanet Purchases 1,088 Bitcoin, Total Holdings Exceed $930 Million

Japan’s Metaplanet has acquired an additional 1,088 BTC, increasing its total holdings to over 8,888 BTC, valued at over $930 million. The...

Major Tokens Show Signs of Price Bottoming Amid Market Uncertainty

Major crypto tokens are showing signs of bottoming out amid geopolitical tensions and tariff fears. Key points include: Bitcoin is priced around...

Elon Musk Launches XChat Messaging App with Bitcoin-Style Features

Elon Musk announced the launch of a new messaging app, XChat, built with Rust and featuring Bitcoin-style encryption. Key points include: The...

Bitcoin Trades Above $105K Amid Signs of Market Overheating

Market Overview Bitcoin is trading above $105K as Asia's business week begins, showing a 0.4% change over the weekend with low trading volume. A...

Crypto Trader James Wynn Gains 'Inverse Cramer' Status as Profits Surge

James Wynn, a trader on Hyperliquid, is gaining attention for his trading strategies, particularly after suffering a $1 billion loss on a bitcoin...

XRP Ends May Showing Market Indecision Amid Bullish Options Activity

XRP, utilized by Ripple for cross-border transactions, showed market indecision at the end of May. Key insights include: A "doji" candlestick...

ETH Price Drops Below $2,500 Amid Increased Selling Pressure

Ethereum (ETH) fell below $2,500 amid increased selling volume and weaker risk sentiment. Global trade tensions and U.S. tariff risks contributed to...

Solana Trades Around $154 Following Loss of Support Amid Tariff Fears

Solana (SOL) faces pressure due to macroeconomic factors, particularly tariff concerns. The token is currently priced at approximately $154.50,...

UNI Price Recovers to $6.18 Following High-Volume Selling Event

Uniswap's native token, UNI, initially dropped below its uptrend line after failing to maintain momentum above the $6.00 support level. The decline...

Bitcoin Surges Above $104,300 Amidst Nearly $1B in Liquidations

Global economic tensions and trade policy uncertainties are impacting cryptocurrency markets as Bitcoin recovers from a correction. Institutional...

Bitcoin Cash Surges 6.4% While Defending Critical Support Level

The cryptocurrency market faces challenges due to geopolitical tensions, but Bitcoin Cash (BCH) shows resilience. Recent performance indicates a...

Trader James Wynn Fully Liquidated After $1.25 Billion BTC Bet

Trader James Wynn has been fully liquidated, ending the month with $23 in his account. Key points include: Wynn gained attention for high-risk...
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