Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that Ether’s price could face further declines as ETF outflows and mount
Since taking office on January 20, President Donald Trump has already issued two crypto executive orders. The first, signed on January 23, created a Presidential Working Group on Digital Asset Markets. The second, signed last week, ordered the establ
Circle, issuer of the world's second-largest stablecoin USDC, unveiled a protocol update on Tuesday it says will reduce cross-chain settlement time from several minutes to a matter of seconds.The company's newly launched Cross-Chain Transfer Protocol
Circle has launched on Tuesday the upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), a tool that facilitates USDC transfers across blockchains. The company said that the upgrade significantly cuts down transaction times to seconds from
Today in crypto, Ethereum’s struggles continue as analysts predict Ether’s price could be set to drop even further as exchange-traded fund (ETF) outflows and macroeconomic fears continue to mount, Mt. Gox made its second Bitcoin move in a week, and c
StarkWare, the company behind the STARK proof that contributes to the development of Starknet, said it has established a "Strategic Bitcoin Reserve," holding a growing portion of its treasury in BTC, according to details shared with The Block.Valued
Second-largest token washed out all its gains made in 2024 and hit a low not seen since November 2023. It’s now down 55% from its recent high. 🤕 Ether Down Big TimeEthereum was on its way back from a low of $1,750 per token after crypto traders joi
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- SpaceX's Starship spacecraft exploded in space on Thursday minutes after lifting off from Texas, prompting th
A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls.Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right NowIn its latest weekly report, Glassnode has
Sam Bankman-Fried’s crisis manager has reportedly quit following the FTX founder’s prison interview with Tucker Carlson published unannounced on Thursday, according to Business Insider. Mark Botnick, who started representing Bankman-Fried following t
Today in crypto, the Texas Senate has passed a bill to create a Bitcoin strategic reserve. Solana co-founder Anatoly Yakovenko said a US national crypto reserve could undermine decentralization. Meanwhile, defunct crypto exchange Mt. Gox has moved 12
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Wednesday! The market seemingly continues to move in lockstep with every piece of U.S. crypto reserve news, while participants hope f
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, the Ethereum protocol reporter at CoinDesk.In this issue:Ethereum's Second Buggy 'Pectra' Test Could Lead to a D
Bitcoin open interest (OI) has fallen to its lowest level since August, currently standing at 413,000 BTC ($36 billion), according to Glassnode data. OI represents the total funds allocated in outstanding futures contracts, effectively measuring the
Chicago-based trading giant Jump is returning its U.S. cryptocurrency operations to full strength after scaling it back over the past couple of years due to regulatory scrutiny and uncertainty.While Jump has maintained its digital assets trading and
XRP has retraced a startling 24% following an unsuccessful attempt to maintain its recent rally. A major factor in pulling XRP lower has been the marketwide decline, and traders are still on edge due to general uncertainty. Because XRP is still above
The cryptocurrency market has experienced a sharp downturn, with Bitcoin’s price dropping below $83,000. This decline has led to a wave of liquidations totaling $1 billion over the past 24 hours, as leveraged traders faced significant losses amid the
The first six weeks of US President Donald Trump’s second administration have been a wrecking ball for cryptocurrency markets. Since peaking above $109,000 on Inauguration Day, Bitcoin crashed to a low of around $78,000 in late February before swift
Ethereum has experienced a massive drop, reaching its lowest level since late November 2023. The entire market has been hit by extreme volatility, uncertainty, and aggressive price swings, with ETH losing over 20% of its value in just hours. Investor
The Nasdaq Stock Market LLC filed a 19b-4 form with the U.S. Securities and Exchange Commission on Monday to list and trade Grayscale's spot Hedera (HBAR) exchange-traded fund. A 19b-4 filing is the second part of a two-step process for proposing a c