CoinDesk is hosting our second annual Consensus Hong Kong conference and, as always, we will be hosting a number of policy-focused sessions. Are you in town? Meet me on stage or in the lounge and say hello! You’re reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrency and government. Click here […]
Hong Kong Consensus 2026 Preview Policy: State of Crypto Read More »
As crypto’s months-long slowdown accelerated into freefall last week, bulls were frantically searching for technical signals, or perhaps news of a leveraged hedge fund blowing up, that could signal a final bottom for this bear market. Perhaps the ultimate sign of a bottom could be the cheers of those who have been faithfully bearish on
BTC Surely Closer to the Bottom Than the Top as Bears Celebrate Read More »
Traders on prediction market Polymarket have doubled the implied odds that the second coming of Jesus Christ will occur by the end of the year, turning one of the platform’s strangest contracts into a better performer than bitcoin. The market, titled “Will Jesus Return in 2026,” was trading around 4 cents on Friday, implying a
Bitcoin performed worse than a bet on the chances of Jesus Christ returning this year Read More »
Block Inc. (XYZ), the payments company led by Jack Dorsey, could cut its workforce by up to 10%, Bloomberg reported, citing people familiar with the matter. Hundreds of employees at Bitcoin BTC$69,614.17-The owners of Cash App and Square were told their jobs were at risk, Bloomberg said. The reviews are part of a broader overhaul
Block (XYZ) plans to cut up to 10% of jobs: Bloomberg Read More »
At the start of February, bitcoin was trading around $80,000, with whales dipping their toes in while retail investors rushed for the exit. Barely a week later, bitcoin plunged to $60,000 on February 5, and the market is now showing a broad move toward accumulation across almost all cohorts as investors begin to see value.
BTC Sees Accumulation Across All Cohorts, Glassnode Says Read More »
Bitcoin’s sharp decline – nearly 50% from its all-time highs reached just months ago – has reignited debate over the cryptocurrency’s stability, but hedge fund veteran Gary Bode says the sell-off is a feature of the asset’s inherent volatility rather than a sign of a broader crisis. In an article on X, Bode noted that
BTC Downside Volatility Is a Feature, Not a Crisis, Says Hedge Fund Read More »
We are moving towards an economic system in which software and devices transact with each other without human involvement. Instead of just executing transactions, machines will be able to make decisions, coordinate with each other, and purchase whatever they need in real time. Sensors and satellites will sell data streams down to the second. Factories
Why machine-to-machine payments are the new electricity of the digital age Read More »
ADA$0.2740 Founder Charles Hoskinson said he was sitting on more than $3 billion in unrealized losses during the current crypto market downturn, offering a rare insight into his personal exposure during a period of steep decline. Speaking from Tokyo during a live broadcast, Hoskinson addressed a market shaken by forced liquidations and falling prices in
Cardano (ADA) Hoskinson Not Selling After Losing $3 Billion in Stock Market Crash Read More »
Nasdaq-listed Forward Industries (FWDI) is in a unique position to shore up the distressed digital asset cash flow space because it carries no corporate debt and is completely unlevered, giving it the ability to play offense while its peers retreat, according to Ryan Navi, the company’s chief investment officer. “Scale and an unleveraged balance sheet
Bitcoin has recovered from a low near $60,000 to now settle around $69,000, having effectively returned gains made following the election of Donald Trump in November 2024 this week. The cryptocurrency’s decline was accompanied by a massive market sell-off that saw the CoinDesk 20 Index (CD20) lose more than 17% of its value in a
BTC erases post-election gains in ‘sell at all costs’ rout Read More »
