CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Corporate Clients Hold Up to 15% of Assets on Mercado Bitcoin
Corporate clients, primarily small and medium enterprises, hold 10-15% of assets under custody at Mercado Bitcoin, Brazil’s largest crypto...
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Dubai Royal-Backed MGX Acquires 15% Stake in TikTok U.S.
MGX, backed by Dubai’s ruling family, will acquire a 15% stake in TikTok’s U.S. business as part of a restructuring to increase American...
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UN Implements Blockchain for Pension Funds, Plans Wider Adoption
The United Nations has adopted blockchain technology to revamp its pension system, concluding it as the "ultimate technology for digital identity...
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BTC Rises Above $110K, ETH Crosses $4K Amid Fearful Sentiment
Crypto markets experienced a modest rebound on Friday:
Bitcoin (BTC) rose above $110,000.
Ethereum's ether (ETH) increased by 3.8%...
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SoftBank, Ark Invest in Talks to Invest in Tether Fundraising
Investment firms SoftBank and Ark Invest are in preliminary discussions to invest in Tether, the issuer of stablecoin USDT. This follows news...
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Avalanche's AVAX Drops 18% Despite Institutional Support Efforts
Avalanche's token, AVAX, dropped 8% in the last 24 hours to $27.72, continuing a week-long decline of nearly 18%.
This decrease is part...
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'Baby Shark' Token Plummets 90% After Unauthorized Issuance Revealed
The "Baby Shark" token, once hyped as officially linked to the popular YouTube video, plummeted by 90% after it was revealed that the company...
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Riot Platforms Upgraded by JPMorgan, Citi Amid AI and Cloud Shift
Riot Platforms (RIOT) received upgrades from JPMorgan and Citigroup, highlighting its shift towards high-performance computing as a growth driver...
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Chainlink's LINK Falls to 6-Week Low Amid Market Weakness
The native token of Chainlink (LINK) has declined to its lowest price since early August, reflecting broader market weakness.
Price...
Cipher Mining Prices $1.08B Upsized Convertible Note Offering
Cipher Mining (CIFR) announced a $1.08 billion private offering of convertible senior notes due 2031, increased from the initial $800 million plan....
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CoinDesk 20 Index Drops 1% with AVAX Down 7.1%
The CoinDesk Indices provides a market update for the CoinDesk 20 Index, which is currently at 3816.51, showing a decrease of 1% (-38.03)...
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Kraken Raises $500M Funding, Valued at $15B for 2026 IPO
Kraken completed a $500 million funding round, preparing for an IPO anticipated in 2026.
The funding round had no lead investor and valued...
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Crypto Market Drops 5% Amid Futures Outflows and Bearish Options
The crypto market is experiencing a downturn, with the CoinDesk 20 Index declining by 5% in the last 24 hours, and all its members showing losses....
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Elliptic Report Highlights Growth of Pig Butchering Crypto Scams
Key Points:
Pig butchering, a romance fraud scheme involving fake crypto investments, has become a multibillion-dollar industry according...
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Crypto Market Drops 5% Amid Strong Dollar, ETF Outflows
Crypto Market Update
The CoinDesk 20 Index dropped 5%, with major cryptocurrencies like Bitcoin and Ethereum falling nearly...
