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Bitcoin hits $74,300 as spot ETFs lose $2.26 billion in two weeks

Bitcoin BTC$75,328.36 is rapidly losing ground as investors withdraw billions of dollars from U.S.-listed cash ETFs. The world’s largest cryptocurrency fell to $74,305 early Saturday, its lowest level since April 20, according to CoinDesk data. At the time of writing, BTC was down more than 3% in the past 24 hours and around 10% below […]

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The risks of the Iranian threat to control the Strait of Hormuz

Tehran is trying to formalize – and monetize – its control over the Strait of Hormuz, previously a transit point for a fifth of the world’s oil and gas, by imposing passage fees. What Iran is proposing violates the rules that underpin international shipping, under which countries cannot charge for safe passage on international waterways,

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Bitcoin Volatility Hits 7-Month Low as Institutional Demand Stabilizes Markets

Financial headlines continue to warn of macroeconomic risks, but Bitcoin BTC$75,726.75 the volatility metric seems to think this is all just noise. The cryptocurrency’s 30-day annualized implied volatility index, BVIV, continues to decline, reaching 38%, its lowest level since October 2025, according to data source Volmex. When implied volatility decreases, it indicates that traders expect

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Wall Street and crypto merge again as OKX rolls out traditional oil benchmarks

Intercontinental Exchange Inc. (ICE), owner of the New York Stock Exchange, and OKX announced Friday that they are joining forces to deploy perpetual oil futures contracts. In a joint statement, the companies said ICE’s Brent crude and West Texas Intermediate (WTI) futures prices would strengthen new perpetual contracts on OKX. ICE’s new data-driven perpetual contracts

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Robinhood COO of Crypto Tanya Denisova Leaves Company

Tanya Denisova, chief operating officer of Robinhood Crypto, is leaving the company, according to two people familiar with the matter. Denisova had been employed by the popular trading platform for over five years, according to her LinkedIn profile. Neither Robinhood nor Denisova responded to requests for comment. The departure comes as Robinhood missed its first-quarter

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F2Pool founder, who controls 11% of Bitcoin hashrate, will lead the first SpaceX mission to Mars

Chun Wang, the Chinese-born Maltese-Kittian crypto investor who co-founded F2Pool, has been named mission commander for SpaceX’s first commercial interplanetary human spaceflight mission to Mars, crucial to Elon Musk’s plans to send a million people to the Red Planet. Wang, whose mining pool controls approximately 11.3% of the Bitcoin network’s global hashrate and whose personal

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Tom Lee says SpaceX, OpenAI and Anthropic IPOs could reshape markets

Tom Lee, president of Bitmine Immersion Technologies and co-founder of Fundstrat, doesn’t expect the next wave of mega IPOs to derail markets, even though it could eclipse the entire dot-com boom. Lee recently discussed the potential effect of listing SpaceX, Anthropic and OpenAI, which could release billions of dollars in new shares onto the public

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SEC Commissioner Peirce objects to view that crypto rule favors synthetic tokens

The U.S. Securities and Exchange Commission’s long-awaited rule allowing the tokenization of securities — a change that could have profound effects on financial markets — faced the controversial perception that it would allow synthetic tokens, but one commissioner took the unusual step of issuing statements on the unpublished rule to potentially counter those views. SEC

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Why Minnesota is empowering local banks to fight Wall Street for crypto revenue

Minnesota financial institutions can no longer afford to stand on the sidelines as Wall Street aggressively seizes digital asset infrastructure, leading to a legislative push at the state level to end deposit flight and insulate the local economy, a local lawmaker and banker told CoinDesk. “Over the past several years, I have consistently heard concerns

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Trump Media Moves Another $205 Million Into Bitcoin As Crypto Betting Losses Hit $455 Million

Trump Media & Technology Group (DJT), the parent company of Truth Social, transferred an additional 2,650 bitcoins BTC$76,705.48 to Crypto.com in a move likely to intensify scrutiny of the company’s troubled cryptocurrency strategy. At current market prices, the transfer is worth approximately $205 million, with bitcoin trading at approximately $77,341 per token. Blockchain data shows

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