CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Polygon Co-Founder Mihailo Bjelic Steps Down from Leadership Role
Mihailo Bjelic, co-founder of Polygon, is leaving the network. He announced on X that he will step down from the board of the Polygon Foundation and...
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Crypto Traders Suffer $500 Million Losses Amid Bitcoin Price Drop
Over $500 million in bullish crypto bets were lost in the past 24 hours as traders took profits amid market declines following President Trump’s...
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Crypto Market Sees Major Losses as Bitcoin Drops Below $107,000
The crypto market experienced declines over the weekend, with key cryptocurrencies like Dogecoin, Cardano’s ADA, and XRP dropping over...
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Crypto Stocks Decline as Bitcoin Treasury Strategies Face Scrutiny
Crypto stocks, particularly those linked to bitcoin treasuries, experienced declines on Friday. Key companies like MSTR and SMLR fell around...
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Crypto Market Experiences $300 Million in Liquidations Following Trump Tariff Threats
Crypto traders faced significant liquidations as Bitcoin prices fell sharply following Donald Trump's tariff threats. Key points include:
Over...
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CoinDesk 20 Index Drops 3.2% with All Assets Declining
The CoinDesk 20 Index is currently at 3239.11, reflecting a decrease of 3.2% (-107.44) since Thursday at 4 p.m. ET.
Key points:
No assets are...
Semler Scientific Acquires 455 Bitcoin for $50 Million
Semler Scientific (SMLR) announced a significant bitcoin acquisition, purchasing 455 BTC for $50 million over ten days ending May 22. Key details...
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Ledn Transitions to Bitcoin-Only Loans Starting July 1
Ledn, a cryptocurrency lender, will discontinue support for ETH and introduce a bitcoin-only loan model starting July 1. This move aims to...
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Trump Proposes 50% Tariff on EU, Bitcoin Drops Below $109K
President Trump announced plans to impose a 50% tariff on the European Union, effective June 1, citing stalled negotiations.
He also threatened...
Bitcoin Market Capitalization Reaches $2.2 Trillion Amid Bullish Sentiment
Bitcoin's market capitalization reached $2.2 trillion, making it the fifth-largest asset globally, surpassing Amazon and Google. It is now behind...
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Hyperliquid's HYPE Token Rises 15% Following CFTC Regulatory Engagement
Hyperliquid’s native token, HYPE, increased by 15% following the team's submission of formal responses to the U.S. Commodity Futures Trading...
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Major U.S. Banks Consider Joint Stablecoin Launch to Compete with Crypto
Major U.S. banks are considering a joint stablecoin to address competition from cryptocurrencies. Key institutions involved include:
JPMorgan Chase...
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Bitcoin Accumulation Phase Peaks as Price Surpasses $110,000
Bitcoin has entered a strong accumulation phase, with prices surpassing $110,000 and an 18% gain over the past month. Key points include:
...
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Justin Sun Defends TRUMP Memecoin at Presidential Dinner Amid Controversy
Justin Sun, founder of Tron, attended a dinner hosted by former President Donald Trump for major holders of the TRUMP memecoin. This event follows a...
XRP Expected to Reach $8 as Attention Shifts to Major Cryptos
Bitcoin (BTC) reached nearly $111,000 before a slight pullback. Institutional demand and regulatory clarity are fueling interest in major tokens.
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