CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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IRS Crypto Directors Resign Amid Department of Government Efficiency Changes
The IRS has lost two key directors, Seth Wilks and Raj Mukherjee, from its crypto initiatives due to deferred resignation offers from the Department...
7 0
SEC Encouraged to Simplify Crypto Regulation by IRS Practices
In February, the U.S. Department of Government Efficiency (DOGE) began seeking public input regarding the SEC, indicating potential reforms. The SEC...
18 0
Movement Labs Faces Major Setbacks Amid $38 Million Token Selloff
Bitcoin rose to nearly $100,000 due to optimism surrounding U.S.-China trade relations and favorable macroeconomic conditions.
Mastercard and...
8 0
Franklin Templeton Supports Bitcoin DeFi Development to Enhance Investor Utility
The Token2049 conference in Dubai highlights a shift in the narrative surrounding bitcoin (BTC), positioning it as a potential competitor in...
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Huione Group Accused of Receiving $98 Billion in Illicit Crypto Transactions
Huione Group, a Cambodian conglomerate, has received $98 billion in cryptocurrency since 2014 through illegal activities such as money laundering...
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Kevin O’Leary Predicts Crypto Will Become 12th Economic Sector
Kevin O’Leary, known as “Mr. Wonderful,” emphasizes the need for clear crypto regulations to enhance institutional investment. He believes crypto...
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Strategy Plans $84 Billion Bitcoin Acquisition, Supported by Wall Street Analysts
Wall Street analysts support Strategy's (MSTR) enhanced bitcoin (BTC) acquisition strategy, following its announcement to double capital-raising...
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CoinDesk 20 Index Trades at 2786.55, Down 0.4%
The CoinDesk 20 Index is currently at 2786.55, down 0.4% (-11.45) since Thursday at 4 p.m. ET.
Four out of 20 assets are trading higher....
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Tether Plans U.S.-Focused Stablecoin Launch by Year-End or Early 2026
Tether plans to launch a U.S.-focused stablecoin by late 2025 or early 2026, contingent on stablecoin legislation, according to CEO Paolo Ardoino.
...
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U.S. Adds 177,000 Jobs in April, Unemployment Rate Steady at 4.2%
The U.S. jobs market showed resilience in April, with the addition of 177,000 jobs, surpassing analyst estimates of 130,000 and March's revised...
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Bitcoin Traders Anticipate Weak Performance as 'Sell in May' Approaches
Bitcoin (BTC) has recently shown a breakout, prompting speculation about reaching the $100,000 level. However, traders are cautious as May...
Kraken Reports $472 Million Revenue in Q1, Up 19% Year-Over-Year
Crypto exchange Kraken reported $472 million in revenue for Q1 2025, a 19% increase from the previous year. Adjusted EBITDA reached $187 million, up...
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Google Launches Privacy-Focused Age Verification Using Zero-Knowledge Proofs
Google is enhancing its Wallet service with zero-knowledge proof (ZKP) technology for age verification.
Bumble will be one of the first partners...
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Bitcoin Approaches $97,000 Amid Bullish Market Ahead of Jobs Report
Markets are bullish ahead of Friday's jobs report, with bitcoin nearing $97,000 and the S&P 500 experiencing its longest rally since August....
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UK FCA Releases Discussion Paper on Crypto Regulation Feedback
The U.K. Financial Conduct Authority (FCA) has released a discussion paper to gather feedback on intermediaries, staking, lending, borrowing, and...
