CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence for Fraud
Alex Mashinsky, founder and former CEO of Celsius Network, was sentenced to 12 years in prison for fraud. The sentence includes:
A 120-month...
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Senate Fails to Advance Stablecoin Regulation Bill Amid Democratic Opposition
The U.S. legislation to regulate stablecoins, which include assets like Circle's USDC and Tether's USDT, failed to advance in the Senate due...
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Bitcoin Price Target Raised to $200,000 by Standard Chartered
Bitcoin is nearing a record high, driven by substantial investment flows, according to Standard Chartered.
U.S. spot bitcoin ETFs have attracted...
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Bitcoin Surpasses $100,000 for First Time in Three Months
Bitcoin has surpassed $100,000 again, following a previous peak above $109,000 in January. After reaching nearly $75,000 due to trade-related panic,...
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Senate Republicans Push for Advancement of Stablecoin Legislation
Senate Republican majority leader John Thune advocated for stablecoin legislation on Thursday, aiming to advance the Guiding and Establishing...
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Crypto for Advisors Highlights Tokenization Trends in Real-World Assets
Grayscale is hosting an event called Crypto Connect on May 22 for financial advisors in Chicago. Tedd Strazimiri from Evolve ETFs discusses...
Ether and BCH/BTC Break Downtrends as DOGE, SHIB Show Bullish Signals
Traders may focus on Ether and the Bitcoin Cash/Bitcoin ratio for potential gains as Bitcoin rallies. Key observations include:
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GSR Secures Regulatory Approval from UK and Singapore Authorities
Crypto market maker GSR has secured its position as a leader in compliance and liquidity across both centralized and decentralized platforms. Key...
Superstate Launches Blockchain Marketplace for Tokenized Equities on Solana
Superstate, the firm behind the $650 million USTB token, is launching a blockchain-based marketplace for stock tokenization named Opening Bell,...
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Democrats Face 2026 Election Challenges Without Embracing Decentralized Crypto
Senate Democrats have reversed their support for the stablecoin bill (GENIUS Act), initially backed two months ago. Concerns arise regarding...
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Coinbase Acquires Deribit for $2.9 Billion to Enter Crypto Options Market
Coinbase will acquire Deribit for $2.9 billion, entering the crypto derivatives market in the U.S.
The deal comprises $700 million in cash and 11...
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Fed Likely to Delay Interest Rate Cuts Until Q4, ING Reports
The Federal Reserve has maintained interest rates between 4.25% and 4.5%, with a cautious outlook on potential cuts. Key points include:
Chairman...
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Stripe Expands Stablecoin Capabilities with New Money Management Service
Stripe is enhancing its stablecoin capabilities, allowing businesses to manage payments via cryptocurrency. Key developments include:
Acquisition...
CoinDesk 20 Index Rises 6.2% with All Assets Trading Up
The CoinDesk 20 Index is currently at 2869.91, reflecting a 6.2% increase (+166.74) since 4 p.m. ET on Wednesday.
Key points:
All 20 assets in the...
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98.6% of Tokens on Pump.fun Classified as Rug Pulls or Frauds
A report by Solidus Labs highlights significant fraudulent activity on the Solana blockchain, indicating that 98.6% of tokens launched on Pump.fun...
