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Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
US spot bitcoin and ether ETFs both turned to outflows on Wednesday in a sign the recovery rally has lost its institutional bid.
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Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
That level is the 200-week simple moving average (SMA), which represents the token's average price over that period, providing traders with a clear glimpse of the long-term trend while cutting through day-to-day noise.
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Strategy's STRC preferred stock hits a record low below par
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting one of the company's funding channels.
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CME chief executive says company plans to sue CFTC after perpetual futures approval
CME Chief Executive Terrence Duffy said the derivatives provider planned to sue the U.S. Commodity Futures Trading Commission (CFTC) after it approved perpetual futures products earlier this month.
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Fidelity joins Wall Street's race to manage stablecoin reserves
Fidelity Investments is the latest Wall Street firm seeking a role in one of the fastest-growing corners of digital assets: managing the reserves that back stablecoins.
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FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.
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Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees
Coinbase's (COIN) latest product launch event may not have changed Wall Street's near-term earnings forecasts, but it reinforced a growing belief among analysts that the crypto exchange is steadily transforming itself i…
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Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate
Mexican billionaire Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist.
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Crypto Long & Short: The measure of a maturing market
You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday.
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SpaceX's $2.6 trillion market cap nearly double that of bitcoin
SpaceX (SPCX) has climbed more than 40% since its June 12 debut to a roughly $2.5 trillion market value, making it the sixth-largest company in the world and worth nearly twice the entire bitcoin market.
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Moody’s rolls out credit ratings on Solana in tokenized asset push
Moody's Ratings is rolling out its credit ratings to Solana (SOL), allowing issuers of tokenized bonds and other fixed-income securities to embed the firm's assessments directly into blockchain-based assets.
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Bitcoin's June downturn leaves $8.6 billion in options out of the money
That amount is roughly 80% of the $10.6 billion worth of options expiring on June 26, according to data source Deribit. These dollar figures represent notional open interest, or the dollar value of the number of active …
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Three Fed signals that could make bitcoin pop
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
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Crypto’s security nightmare won’t be solved by ordinary audits
The crypto sector has been plagued by cybersecurity issues for years. Malicious actors, particularly North Korea’s Lazarus Group, have stolen more than $2.2 billion since 2022, prompting the industry to triple its numbe…
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CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 3.1%, leading index lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
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Heir to 135-year Gulf dynasty is moving a $6 trillion trade market onto blockchain rails
For more than 135 years, the Kanoo family, one of Bahrain's wealthiest families, has helped build the Gulf’s entire commercial infrastructure.
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A new Bittensor proposal would turn validators into something like fund managers
A new proposal for Bittensor, the decentralized AI network behind the TAO token, would change how the network pays its validators and turn them into something closer to fund managers.
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Forget retail traders: The real multi-trillion-dollar crypto future is building infrastructure for machines
With 60% of stablecoin payments flowing through a fragmented Asian corridor, new backend middleware lets autonomous software move capital without human steps.
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BitGo offers Europe’s crypto firms a MiCA-compliance lifeline as license deadline looms
As the deadline looms for crypto companies to obtain licenses in Europe, BitGo (BTGO) is offering firms an easier transition to Markets in Crypto Assets (MiCA) compliance, the listed technology firm said on Wednesday.
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UNI token surges while rest of crypto market looks to Fed's Warsh for guidance
The largest cryptocurrency pulled back below $65,000 after trading near $67,000 just a day earlier, CoinDesk data show. The broader market CoinDesk 20 Index (CD200) has lost 1.2% since midnight UTC, with all but four to…
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XRP gives back breakout gains, slipping below $1.23 on heavy selling
XRP's push above $1.25 lasted only a few hours. Sellers showed up near the highs and drove the token back through $1.23 on some of the session's heaviest volume, turning what looked like a breakout into a reminder that …
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Crypto PAC's $12 million Senate candidate, Barry Moore, wins Alabama GOP primary
More than any other congressional race this year, the crypto sector's campaign-funding operations dumped massive cash into Barry Moore's Alabama Senate bid, with the leading political action committee alone spending mor…
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Forget the price charts. Here's how bitcoin and S&P 500 look like when adjusted for the money printer
If you're only looking at the dollar price of your portfolio, you may be missing part of the picture, which is significantly shaped by money supply growth.
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Live markets: A bitcoin bottom signal flashed as holders absorbed 125,000 BTC in June
Bitcoin's risk-adjusted return has fallen to a level that has marked every bear-market bottom of the past decade, the latest on-chain reading to point toward accumulation rather than more downside.