Macquarie (MQG) expects the U.S. Senate’s crypto push to accelerate, as recent closed-door discussions between Democrats and Republicans on a compromise market structure bill mark a significant step toward a bipartisan deal, the investment bank said in a report last week. The bank touted a Dec. 8 meeting of Democratic negotiators, including Senators Kirsten Gillibrand, […]
Crypto markets remained under pressure as bitcoin hovered near $87,000, with options positioning and analyst commentary pointing to growing risks of a deeper downturn through early 2026. The recent rebound appears to be losing momentum, with price action increasingly defined by short-lived rebounds followed by resumptions of selling, as CoinDesk reported on Wednesday. Bitcoin briefly
Bitcoin at $10,000 in 2026? It’s possible Read More »
Nasdaq-listed VivoPower (VVPR) is expanding its XRP-related strategy through a new joint venture that aims to acquire hundreds of millions of dollars worth of Ripple Labs stock, giving investors indirect exposure to nearly $1 billion in underlying XRP. The company said in a statement on Tuesday that its digital assets unit, Vivo Federation, was hired
VivoPower eyes nearly $1 billion in XRP stakes in new stock deal Read More »
Robinhood (HOOD) could see more revenue from prediction markets than Coinbase (COIN) as users deploy new money rather than selling existing holdings, according to a survey from Japanese investment bank Mizuho (MFG). “We expect a larger revenue benefit for HOOD compared to COIN given that the survey showed that users of this platform are more
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. Since October’s flash crash, cryptocurrencies have been trading around
Bitcoin Drifts Lower as $81.3K Emerges as Main Market Fault Line: Asia Morning Briefing Read More »
Some crypto executives met with key lawmakers on Wednesday as the US Senate is set to take a break from negotiations on a crypto market structure bill – the industry’s most important policy goal. “This was a bipartisan show of interest and forward momentum,” said Kara Calvert, Coinbase vice president for U.S. policy, who spoke
Crypto Industry Insiders Meet with Key Senators to Negotiate Market Structure Bill Read More »
The The move came amid sharp reversals in Bitcoin, US stocks and AI-related stocks, leaving altcoins exposed as liquidity dwindled and derivatives positioning was reset. News context Crypto markets saw violent seesaw action in early US trading, with bitcoin briefly rising from $87,000 to over $90,000 before returning to the $87,000 zone. This reversal coincided
Ripple-Linked Token Plunges as Bitcoin Back Below $87,000 Read More »
California Governor Gavin Newsom is continuing his colorful public campaign attacking President Donald Trump’s reputation and behavior, this time launching a page on the state’s website purporting to “track Trump’s top 10 criminal friends” – a list on which the crypto world features prominently. The state’s own website includes the new page, with Newsom’s comments:
California’s Newsom pushes Trump, reporting condemned crypto allies CZ, Ross Ulbricht Read More »
With the minute-to-minute confirmation of Mike Selig’s nomination to head the U.S. Commodity Futures Trading Commission, its alternate head, Caroline Pham, is closer to her long-held plan to move to crypto firm MoonPay. As CoinDesk reported last month, Pham reportedly intends to take on the role of chief legal officer and chief administrative officer of
Acting CFTC Chief Pham Set to Join Crypto Firm MoonPay Once Mike Selig Lands Read More »
U.S.-listed cryptocurrency exchange Coinbase (COIN) is introducing stock trading and integrating prediction markets, along with a host of other new products and assets that aim to solidify the platform’s position as the “Everything Exchange,” according to a blog post published Wednesday. Coinbase said it is significantly expanding the assets available for trading on its platform,
