Strategy (MSTR), the largest publicly traded holder of bitcoin, did not appear to have increased its BTC position last week. Executive Chairman Michael Saylor usually signals upcoming purchase X every Sunday, followed by a detailed update around 6 p.m. 8 ET Monday. There was no usual Sunday “Orange Dot” post to signal a buy. Instead, […]
MSTR may have paused its BTC accumulation last week Read More »
Industry representatives saw the crypto market structure the bill’s proposed dividend language on March 23 and 24. The internet – at least X (formerly Twitter) – was unhappy, but that might not matter much. You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of cryptocurrency and government. Click here to sign
No one is 100% happy with the stablecoin dividend agreement: State of Crypto Read More »
Yes, you read the title correctly. The number of bullish bitcoin BTC$66,212.23 stakes, the so-called BTC/USD long positions, on the OG exchange Bitfinex have hit multi-month highs. But bulls, brace yourselves as this metric has become a textbook “contrarian indicator” over the years, with recoveries characterizing bitcoin’s price decline. Highest since 2023 The number of
Bullish Bet on Bitfinex Rise Read More »
A “180” hardly does justice to the recent shift in market expectations for central banks’ monetary policy. With expectations of more interest rate cuts from the Federal Reserve in 2026 just a few weeks ago, markets have begun pricing in rate hikes this year in earnest. The current pricing on the CME FedWatch Tool shows
Here’s why traders are pricing in a rate hike and how it affects bitcoin Read More »
The latest version of the crypto bill Clarity Act is in the spotlight mostly because of its stablecoin rules. In practice, it may land hardest on decentralized finance (DeFi) and tokens linked to it, according to a report by 10x Research. At the heart of the proposal is a ban on offering returns — or
Crypto’s CLARITY Act could be a headwind for DeFi tokens, benefits Circle Read More »
A group of Ethereum projects has announced a new effort aimed at solving a growing problem in Ethereum: its ecosystem is becoming too fragmented. Unveiled at the EthCC conference in Cannes, the project – called the “Ethereum Economic Zone” (EEZ) – is designed to make Ethereum’s many add-on networks (known as layer 2s or L2s)
new project aims to fix network fragmentation and improve user experience Read More »
For months, Aave, one of decentralized finance (DeFi)’s largest lending protocols, has been at the center of a very public debate about what it should be. Basically, a large part of the community wants the network to be a decentralized financial layer controlled by token holders, while a fraction of it warns that it is
Inside Aave’s reign battle as the DeFi giant prepares for upgrade Read More »
Funding increases and liquidations point to position building, where the direction depends on whether buyers can defend the support.
XRP tests $1.33 as increasing leverage and weak price action create volatile setup Read More »
Bittensor’s TAO is up 90% so far this month, and tokens in its ecosystem are running up even harder. The network’s subnet token category reached a total market capitalization of $1.47 billion on Monday with $118 million in 24-hour trading volume, according to CoinGecko data. The rise follows TAO’s own run from $180 to over
Bittensor ecosystem token value hits $1.5 billion as TAO rockets 90% in March Read More »
Canada’s federal government has moved to ban cryptocurrency donations to political campaigns, shutting down a fundraising channel that appears to have seen little to no real-world use in the country’s previous elections. Bill C-25, the Strong and Free Elections Act, introduced March 26, would ban political contributions made in BTC and other cryptoassets, as well
Canada moves to ban crypto donations to election campaigns after UK Read More »
