Institutional interest in Bitcoin is shifting beyond passive exposure as infrastructure to return generation and decentralized finance (DeFi)-like activity. With new platforms like Rootstock and Babylon bridging the gap between Bitcoin and return-bearing protocols, some asset managers and corporate treasuries are beginning to see the asset as something more than digital gold. “People are holding […]
Bitcoin (BTC) News: Seeking Profits Read More »
The BNB chain’s native token, BNB, rose more than 3% over the past 24 hours as a mix of institutional momentum and strategic selling shaped its trading session heading into the weekend. The token rose from $1,056 to $1,087 and peaked at $1,131 in early morning trading before retreating slightly. That’s outperforming the broader crypto
BNB outperforms broad market on growing RWA adoption, potential Coinbase listing Read More »
During DC Fintech Week in Washington, DC last week, I moderated a conversation about how decentralized finance (DeFi) projects could comply with various regulations. 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. The narrative Are developers responsible for
How to Square Decentralized Finance With Regulatory Compliance Read More »
Around the world, stablecoins come under a fairly consistent and convergent regulatory regime. They must be backed by high-quality real assets, are subject to regular audits, and issuers are prohibited from paying interest on stablecoin balances. The ban on interest payments appears in the GENIUS Act in the USA, the Markets in Crypto-Assets Regulation (MiCA)
Will Interest Payments Make Stablecoins More Interesting? Read More »
XRP traded defensively but held key support on Friday, recovering from an early drop to $2.19 as institutional buyers absorbed selling pressure. The move came amid renewed fears of US-China tariffs and cautious positioning ahead of next week’s SEC deadlines for spot XRP ETFs. What to know • XRP fluctuated between $2.19 and $2.35 during
Stabilizing after early dip, Traders Eye $2.40 Breakout Read More »
Dogecoin stabilized on Friday after early volatility saw the price drop to $0.176 before returning to a tight $0.18-$0.19 range. The session’s 7% swing came amid renewed macro turmoil and reports of large whale liquidations totaling more than $74 million. What to know • DOGE traded between $0.176 and $0.189 through Oct. 17. at 06.00
Dogecoin finds support after rate-controlled selling Read More »
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Like bitcoins BTC$106,728.62 The price withers, bulls harbor hopes of a potential rotation of money from the ever-rallying gold to its digital counterpart. Those hopes may get a boost as price charts show that bitcoin’s per dollar-denominated price is now at
BTC hits most oversold level against gold in 3 years. What next? Read More »
American bank Citizens said ether ETH$3,833.37 could climb above $10,000 in the next two years, citing rising adoption, increasing institutional access and a declining supply. The bank said it expects accelerating adoption of Ethereum to provide strong tailwinds for the blockchain’s native token ether, pointing to the network’s entrenched position as the leading smart contract
CoreWeave (CRWV) announced its commitment to acquire artificial intelligence (AI) miner Core Scientific (CORZ) in an all-stock deal originally agreed on July 7. In an open letter, CoreWeave called the offer “best and final” and said it will not be changed. The company said the merger represents the most secure and value-enhancing path forward, combining
CRWV draws a line in the sand Read More »
The recent market selloff was likely led by retail and other crypto-focused investors rather than traditional institutions, according to Wall Street bank JPMorgan (JPM). While bitcoin BTC$105,247.40 and ether ETH$3,737.16 both fell after Oct. 10, spot BTC exchange-traded funds (ETFs) and Chicago Mercantile Exchange (CME) BTC futures saw little forced selling, the report noted. Bitcoin
JPMorgan ( JPM ) says crypto-native investors are likely driving the market slide Read More »
