The crypto industry continues to break down barriers at the heart of the U.S. financial system, and Kraken’s approval of a Federal Reserve limited account marked another such step that analysts say could be the first in a trend. The arrival of cryptocurrencies in the Fed’s payments system — tentative and limited as it is […]
Bitcoin BTC$70,867.63 The rally from earlier in the week began to fade after U.S. markets opened on Thursday, sending the cryptocurrency up nearly 2% in the past 24 hours to $71,400. The move comes alongside a decline in overall stock markets as the war in Iran shows no signs of ending quickly, sending oil up
BTC rally comes under pressure on Thursday Read More »
Sanctions evasion dominated crypto-related illicit financing last year, with state actors such as Russia, Iran and North Korea driving an increase in activity, Chainalysis said in a report Thursday. Sanctioned entities received at least $104 billion in cryptocurrency, a nearly eight-fold increase from 2024, bringing the chain’s total illicit volume to a record $154 billion.
Crypto Sanctions Evasion Rises in 2025 as States Move $104 Billion: Chainalysis Read More »
French authorities have arrested John “Lick” Daghita, who allegedly stole tens of millions of dollars in crypto from the US government. In a post published Thursday, FBI Director Kash Patel confirmed that Daghita was arrested on Wednesday on the island of Saint-Martin as part of a joint operation by the FBI and the French gendarmerie.
BTCC TradFi Reaches $200M Volume and Celebrates with No-Fee Gold and Silver Campaign
BTCC TradFi Reaches $200M Volume and Celebrates with No-Fee Gold and Silver Campaign Read More »
CleanSpark (CLSK), a US-based bitcoin BTC$72,578.05 mining company that operates large-scale data centers, sold almost all of the bitcoin it produced last month to generate cash needed for its expansion into artificial intelligence (AI) and high-performance computing (HPC). The Nasdaq-listed miner produced 568 BTC in February and sold 553 BTC, or about 97%, according to
CLSK sold one of its highest proportions of mined BTC in February. Read More »
In today’s newsletter, Nick Ducoff, Head of Institutional Growth at the Solana Foundation, draws parallels between tokenization’s ability to democratize access to investments and the way the Internet facilitated access to banking services over fifteen years ago. Next, in Ask an Expert, the CoinDesk research team answers questions about stablecoin and tokenization trends in its
from “no intermediaries” to universally invested investors Read More »
The first phase of Bitcoin BTC$72,578.05 The recent withdrawal did not trigger panic among institutional investors, according to crypto asset management firm CoinShares. Professional distributors reduced their exposure slightly but largely maintained their positions compared to last year. Advisors have reduced their holdings while hedge funds have reduced their shares alongside reducing broader leverage and
Bitcoin (BTC) Pullback Has Yet to Shake Institutional Investors, Says CoinShares Read More »
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 2064.51, down 1.6% (-33.92) since 4 p.m. ET on Wednesday. One of the 20 assets is trading higher. Leaders: ICP (+1.1%) and UNI (-0.4%). Lagging behind: XLM (-3.5%)
Stellar (XLM) falls 3.5% as almost all assets decline Read More »
YY Group Holdings Adopts Bitcoin as Treasury Reserve Asset
YY Group Holdings Adopts Bitcoin as Treasury Reserve Asset Read More »
