CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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ETH Drops 15% to Lowest Level Since November 2023
Ether (ETH) is experiencing significant price drops, testing levels unseen since November 2023. The current market volatility stems from U.S. trade...
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CoreWeave Files for IPO to Raise $4 Billion with $1.9B Revenue
CoreWeave, in partnership with Core Scientific (CORZ), filed for an IPO aiming to raise $4 billion and achieve a valuation over $35 billion. In...
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SEC Appoints Michael Selig as Chief Counsel of Crypto Task Force
The U.S. SEC has appointed Michael Selig as chief counsel of its new Crypto Task Force. Key details include:
Selig is a former partner at Willkie...
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Trump Announces Creation of U.S. Crypto Reserve Including Multiple Assets
At the Bitcoin Conference in Nashville, Donald Trump announced plans for a "strategic national bitcoin reserve," which now includes other...
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Crypto Markets Decline as Bitcoin Drops to $86,700
Crypto markets saw a rapid decline after an initial spike following President Trump's announcement regarding a U.S. crypto reserve.
Bitcoin is...
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David Sacks Addresses Conflict of Interest Concerns Over U.S. Crypto Reserve
President Trump announced plans to create a U.S. federal cryptocurrency reserve, which boosted digital asset markets significantly. Key points...
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Copper Appoints Tammy Weinrib as Chief Compliance Officer for Americas
Crypto custody firm Copper appointed Tammy Weinrib as chief compliance officer and Bank Secrecy Act officer for the Americas. She will lead...
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Crypto ETPs Experience Record $2.9 Billion Outflow Amid Market Shift
Crypto exchange-traded products (ETPs) experienced record sell-offs, with investors withdrawing approximately $2.9 billion last week, as reported by...
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Trader Earns $6.8 Million from $200 Million BTC Bet After Trump Announcement
A trader on Hyperliquid opened a $200 million long position on Bitcoin using 50x leverage, securing a profit of approximately $6.8 million...
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SEC Agrees to Dismiss Lawsuit Against Kraken Crypto Exchange
The U.S. Securities and Exchange Commission (SEC) will drop its enforcement lawsuit against Kraken, as announced by the exchange. The SEC had...
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BOB Integrates with Fireblocks to Boost Bitcoin DeFi Ecosystem
Hybrid layer-2 network BOB integrates with Fireblocks, enhancing access to its DeFi ecosystem for over 2,000 entities using Fireblocks.
BOB's...
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Hut 8 Reports $331 Million Net Income and Expands AI Investments
Hut 8 reported a net income of $331 million in 2024, benefiting from an increase in Bitcoin prices.
The firm holds a reserve of 10,171 BTC,...
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Bitcoin Drops Below $90K After Volatile Sunday Trading
President Trump's announcement about establishing a U.S. crypto reserve triggered a significant short squeeze, but early trading on Monday shows a...
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CoinDesk 20 Index Rises 14.5% with ADA Up 58.8%
The CoinDesk 20 Index shows a current trading value of 3109.04, reflecting a 14.5% increase (+393.25) since last Friday at 4 p.m. ET.
Nineteen...
Tether Appoints Simon McWilliams as CFO to Complete Financial Audit
Tether has appointed Simon McWilliams as the new Chief Financial Officer (CFO) to lead its financial audit and enhance transparency. Key points...
