CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Cryptocurrency Entrepreneur Convicted of Wire Fraud and Money Laundering
A federal jury in California convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering related to the AML...
U.S. Senate Banking Committee Advances Stablecoin Regulation Bill
The U.S. Senate Banking Committee has advanced a stablecoin regulation bill, marking progress toward federal oversight of stablecoin issuers. Key...
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Bitcoin Struggles Below $80,000 Amid Significant Price Declines
Bitcoin (BTC) is experiencing a downturn, currently trading below $80,000, down 3% for the day and 13% for Q1. It is approximately 30% off its...
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MoonPay Acquires Stablecoin Platform Iron for At Least $100 Million
MoonPay has acquired Iron, a stablecoin infrastructure platform, enhancing its ability to facilitate stablecoin payments for businesses. The...
Gold Reaches Record High as Bitcoin Faces Significant Outflows
U.S. stocks are declining, with the Nasdaq down 1.7% and the S&P 500 by 1.2%. Bitcoin has retreated from nearly $85,000 to $81,000, reflecting a...
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Memecoins Surge with New $Trump Coin, U.S. SEC Clarifies Status
Memecoins have garnered attention following the launch of the $Trump coin, which peaked at $14.5 billion in market value shortly after its release...
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Congress Votes to Repeal IRS Rule on DeFi Tax Reporting
Recent votes in the U.S. Congress indicate strong bipartisan support for the cryptocurrency industry, highlighting its shift from pariah status to...
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DeFi Education Fund Announces Leadership Transition as Miller Whitehouse-Levine Departs
Miller Whitehouse-Levine is leaving his position as executive director of the DeFi Education Fund, with Amanda Tuminelli, the chief legal officer,...
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DAO M&A Report Highlights Challenges and Opportunities for Future Consolidation
In late 2021, Fei Protocol and Rari Capital merged to form Tribe DAO, but it collapsed nine months later. This incident highlighted challenges in...
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Sen. Warren Critiques Stablecoin Legislation, Emphasizes Consumer Protection
Senator Elizabeth Warren criticized recent stablecoin legislation proposals, claiming they would give Elon Musk undue control over U.S. monetary...
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Circle to Integrate Hashnote Tokenized Money Market Fund with USDC
Circle Internet Group, Inc. plans to bring its recently acquired Hashnote Tokenized Money Market Fund (TMMF) under the regulatory oversight of...
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JPMorgan Updates Bitcoin Miner Ratings, Adjusts Price Targets Amid Market Changes
JPMorgan updated its price targets for bitcoin miners, reflecting changes in bitcoin prices and network hashrate.
Raised IREN (IREN) to overweight...
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Stablecoins Face Regulatory Threat Amid Misguided Fears of Illicit Use
The discussion around stablecoins highlights their potential as an alternative to a government-controlled monetary system. Key points include:
...
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Trump Family Explores Acquisition of Stake in Binance's U.S. Arm
A representative of the Trump family held discussions to acquire a stake in Binance's U.S. arm, as reported by the Wall Street Journal.
The...
CoinDesk 20 Index Rises 1.5% with Stellar Leading Gains
The CoinDesk 20 Index is trading at 2605.49, marking an increase of 1.5% (+37.28) since Wednesday at 4 p.m. ET.
Eighteen out of twenty assets...
