Key senators critical of advancing crypto market structure legislation may soon be willing to move forward with the bill, people familiar with the matter told CoinDesk. You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of cryptocurrency and government. Click here to sign up for future editions. Crypto traders’ hopes are […]
Market Structure: State of Crypto Read More »
Yuval Rooz has a direct message for the smart contract industry: if you claim to be the future of plumbing in global finance, you’d better show the cash flow. “People have assigned a lot of value to these networks based on what they say they’re going to be,” said Rooz, CEO of Digital Asset and
Canton’s Yuval Rooz says smart contract blockchains face a value gap reckoning Read More »
Six asset classes now exceed $1 billion on-chain, but only 12% of RWA-backed stablecoin supply has entered DeFi protocols. Real-world tokenized assets, excluding stablecoins, have passed $25 billion in onchain value, nearly quadrupling from around $6.4 billion a year earlier, according to data from RWA.xyz. (RWA.xyz) The milestone and continued growth as RWAs hit the
RWAs exceed $25 billion after nearly quadrupling in one year Read More »
XRP dipped lower following a technical breakdown earlier in the session, with buyers now trying to stabilize the price near the $1.35 support area. News background XRP has remained under pressure in recent sessions as the token trades within a broader corrective structure that has persisted since late February. Price action has largely been driven
Ripple-linked token slips as traders see $1.35 support Read More »
The smart money being allocated to bitcoin bought the panic last week. Then it sold the rally to everyone else. Whales of between 10 and 10,000 bitcoin accumulated heavily between February 23 and March 3, when bitcoin traded between $62,900 and $69,600, according to Santiment. This window covered the worst of the war sell-off in
Bitcoin dip may not be over as whales sell to retail buys – a bearish signal Read More »
Cryptocurrency trading giant Coinbase ( COIN ) said new US tax reporting requirements are far too burdensome for many crypto holders and add unnecessary clutter to the country’s tax system. While the idea is that taxable activity on crypto should be reported in the same way as with stocks, for example, the rules require reporting
Coinbase (COIN) says new US tax reporting rules for crypto are messy, confusing Read More »
The Trump administration’s new national cyber strategy places the security of cryptocurrencies and blockchain technologies in the broader US push to maintain leadership in new technology. In a section focused on maintaining “superiority in critical and emerging technologies,” the document states that the government will support the security of “cryptocurrencies and blockchain technologies.” The statement
The dominant narrative around prediction markets still centers around elections and sports. Sports account for the majority of volume in major venues, and option contracts are what put the category on the front page. But based on what active traders actually do with real money, prediction markets expand to an even more powerful purpose: they
The multibillion-dollar shift makes prediction markets a professional hedging tool Read More »
Block CEO Jack Dorsey says his company will support stablecoins, despite long arguing that Bitcoin should serve as the Internet’s original monetary protocol. In an interview with WIRED, Dorsey acknowledged the change, making it clear that it reflects customer demand rather than a shift in personal belief. “I don’t like that we want to support
Bitcoin purist Jack Dorsey reluctantly gives in to stablecoin craze Read More »
Latin America’s crypto market is expanding far faster than the US as users increasingly rely on cryptocurrencies for payments and cross-border transfers rather than speculation. claims a new report. The region, according to a report by Argentinian crypto firm Lemon, received more than $730 billion in cryptocurrency transaction volume by 2025, a 60% increase from
Latin America’s crypto user growth to exceed US by 3x by 2025, report shows Read More »
