“This is absolutely INSANE.” While the comment came from a social media post, the painful knee-jerk is likely resonating across the board for anyone even remotely interested in crypto, as bitcoin just dropped to nearly $77,000 on Saturday and has held there ever since. The price of the biggest digital asset didn’t just stumble; it […]
Here’s what happened and what comes next Read More »
Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Diary Americas. Bitcoin’s recent slide revealed a familiar pattern in crypto markets:
Quantum computing has long been a distant, theoretical threat to blockchain cryptography. But over the past few months, that calculation has changed rapidly. While the Bitcoin community has been discussing threats to its protocol for the past year, the Ethereum community looks set to take its first steps in 2026. “Quantum computing is moving from
‘We must prepare’ for quantum computing Read More »
Johnny Ng is not interested in zero-sum cryptopolitics. While regulators in Washington, Beijing and elsewhere in Asia are charting their own paths for digital assets, the Hong Kong legislature is focused on something else entirely: building connective tissue between markets, technologies and jurisdictions that rarely move in sync. Ng, who represents the technology sector in
Hong Kong is positioning itself as crypto’s global nexus, says lawmaker Johnny Ng Read More »
Bitcoin’s price fell sharply over the weekend, falling below $78,000 – its lowest level since April – as profit-taking collided with thinner liquidity and a lack of fresh buyers. Traders told CoinDesk that a rally once supported by corporate demand, particularly from Strategy’s ( MSTR ) bitcoin purchases, has run out of steam, leaving markets
Bitcoin’s ‘hopium’ for bulls is over, and this weekend’s slide may just be the beginning Read More »
Senator Elizabeth Warren is calling for congressional hearings after new reporting revealed that the United Arab Emirates’ top intelligence service secretly took a nearly 50% stake in a Trump-era crypto firm. According to a Wall Street Journal investigation, an entity backed by Sheikh Tahnoon bin Zayed Al Nahyan — the United Arab Emirates’ national security
Elizabeth Warren sounds alarm over Trump’s ‘spy sheikh’ crypto deal Read More »
Despite the rocky start cryptopolitics got off to this year, it currently appears that US policymakers are making progress on the legislative and regulatory fronts. The White House is starting new discussions about stablecoin dividends with representatives of the banking and crypto industries. You’re reading State of Crypto, a CoinDesk newsletter that looks at the
Progress Tips: Crypto Mode Read More »
Months after the Oct. 10 liquidation cascade, market depth has yet to recover, and traders are divided over Binance’s role as bitcoin continues to slide.
Bitcoins BTC$78,358.92 price collapse has changed market sentiment and betting on it is sliding further now, as hot as the moonshot plays above $100,000. The leading cryptocurrency by market capitalization has fallen nearly 10% this week, hitting nine-month lows below $78,000, according to CoinDesk data. The price swoon has traders looking for put options, the
Bitcoin BTC$78,358.92 suffering from an identity crisis that has nothing to do with fundamentals and everything to do with shrinking attention spans. While gold rose more than 12% and the S&P 500 ticked higher in the past 30 days, bitcoin slid more than 10% in a market that seemed to have no reason to shock
