Business

PK Press Club– Bitcoin fell on Thursday after a short-lived rally following hype around President Donald Trump’s more crypto-friendly policies, with his recently launched memecoin also posting steep losses. Cryptocurrency markets have benefited from fleeting support from the Securities and Exchange Commission, which, under new leadership, announced it would form a task force to help […]

The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have reached a deal to provide approximately $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica has secured liquidity, which it says will make it the largest stablecoin on Stacks, through collaboration with Bitcoin lending protocol Zest. Both plan to

For crypto to mature, regulated derivatives are non-tradable. Derivatives already account for 70-75% of crypto trading volumes, with institutional players leading the way. Although there are a growing number of regulated offerings, the majority of volume – around 95% – occurs in “offshore” locations, that is, in unregulated or lightly regulated jurisdictions. This exposes investors

An earlier leak on the Chicago Mercantile Exchange (CME) website showing that regulated futures XRP (XRP) and Solana (SOL) could begin trading on February 10 pending regulatory approval was a “mistake,” a company representative told CoinDesk. “A beta page of our website was published in error earlier today,” the spokesperson said. “Many mockups are included

The election of Donald Trump promises a new era for digital assets characterized by greater regulatory certainty and a surge in market activity. The question now is whether this change is lasting or a temporary reaction to the political climate. According to CCData’s latest Exchange Review report, aggregate spot and derivative volumes, the most commonly

Commodity Futures Trading Commission Chair Caroline Pham, the Republican commissioner who just took the reins of the agency as President Donald Trump returns to the White House, has brought out many of the agency’s top officials under her predecessor Rostin Behnam, the Democrat who had been appointed by Joe. Biden. The personnel changes – with

Coinbase has asked a US appeals court to decide whether or not cryptocurrency trading activity on its platform should be subject to securities laws. In a filing Tuesday, Coinbase attorneys urged the Second Circuit Court of Appeals to hear its case, arguing that doing so “presents the best opportunity to decide the fundamental legal question

An industry-wide debate over institutional crypto adoption and the risk of centralized custody will spark renewed interest in self-custody, OKX President Hong Fang said in a recent interview with CoinDesk. While the institutional adoption and growing popularity of crypto ETFs is a net positive for the industry, there could be a shift in industry discourse

Konstantin Lomashuk, the founder of the Lido staking protocol, announced plans to build a “second foundation” to advance the Ethereum ecosystem. Over the past few days, Vitalik Buterin, co-founder of Ethereum, outlined his plans for a major restructuring of the Ethereum Foundation (EF), the non-profit organization responsible for supporting the development of Ethereum. In a

The crypto industry is waiting for President Donald Trump to issue an executive order that will move the federal government toward a new, more welcoming era for digital asset oversight. This will be good for Trump’s business, and it’s one reason Democrats in the House of Representatives are already calling out the administration’s ethical lapses.