CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1909.21, down 0.9% (-18.15) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.3%) and BNB (-0.5%). Laggards: ICP (-3.5%) and […]
Bitcoin (BTC) falls 0.3% as all assets decline Read More »
In Washington, the safest vote is often no vote at all, and the most practical timetable is “next session.” But when it comes to the future of banking, financial markets and financial services, inaction is unacceptable. The United States needs clarity on crypto regulation to compete and succeed in the digitally networked financial system of
Complete work on digital asset market structure Read More »
The UAE has around $344 million in unrealized profits from its bitcoin. BTC$66,938.06 mining operations, according to Arkham on-chain data, making it one of the largest sovereign crypto plays in the world. Wallets linked to the UAE royal group currently hold around 6,782 BTC worth around $450 million. Excluding energy costs, Arkham believes the position
UAE has $344 million in BTC mining profits, says Arkham Read More »
Limited stablecoin rewards are favored by the White House, and if bankers approve, they will be included in the next version of the crypto market structure bill, according to two people familiar with the negotiations. During a work session Thursday aimed at securing common ground on stablecoin rewards between banks and the crypto industry, the
White House Favors Some Stable Rewards, Tells Banks It’s Time to Move Read More »
World Liberty Financial enlists real-world asset specialist Securitize to help tokenize loan interests related to the Trump International Hotel and Resort in the Maldives. Rather than investing directly in properties, investors will be able to purchase tokens tied to loan income, according to a Wednesday announcement timed for the private company’s Mar-A-Lago crypto conference. World
Trump-linked crypto firm WLFI taps Securitize for tokenization of Maldives resorts Read More »
Bitcoin BTC$66,997.16 found its footing on Thursday, stabilizing above a key technical level after briefly slipping below $66,000 in early U.S. trading. The largest cryptocurrency recently changed hands at around $67,000, up around 1% in the past 24 hours. CoinDesk 20 Index lags, with Ether (ETH), XRP, BNB, DOGE$0.09812 and solana (SOL) remained flat or
BTC stabilizes at $67,000 as traders pay for crash protection Read More »
Anchorage Digital, the first crypto company to obtain a US banking charter, wants international banks to replace their correspondent banking relationships with a new service offering US-regulated stablecoin rails to non-US institutions. The bank is launching what it calls “Stablecoin Solutions” to enable easy cross-border movement of dollar-linked assets, combining “minting and redemption, custody, fiat
Robinhood’s (HOOD) testnet saw four million transactions in the first week its testnet chain went live, the investment platform’s CEO Vlad Tenev said on X on Thursday. The Robinhood channel, which focuses on tokenization and trading, comes at a time when centralized exchanges are looking to build their own blockchain infrastructure even as the broader
Robinhood (HOOD) L2 testnet sees 4 million trades in first week Read More »
Blockfills, the crypto lender backed by trading giant Susquehanna, suffered losses of about $75 million during the recent market downturn, according to two people with knowledge of the matter. Blockfills is now looking for a buyer, said one of the people, who spoke on condition of anonymity because the matter is private. When asked about
Susquehanna-backed Blockfills seeks sale after millions in loan losses Read More »
Further progress has been made, but no compromise deal has yet been reached after a meeting hosted by the White House on Thursday to once again bring crypto insiders and bankers to the table on U.S. digital asset legislation, according to a post on social media site X by attendee Paul Grewal, Coinbase’s chief legal
