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Latest Crypto News

Tech

Dev's Defection Highlights Ethereum's Growing Solana Problem

"There's just so much more possibility and potential energy in Solana," Max Resnick told CoinDesk after quitting his Consensys job for a job at Anza.

A Solana booth at ethDenver (Danny Nelson)

Markets

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins

Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Policy

Crypto Groups Push Ads, Letters to Oppose Democrat's SEC Commissioner Nomination

The Cedar Innovation Foundation and other crypto organizations are lobbying against the re-nomination of Commissioner Caroline Crenshaw.

The Cedar Innovation Foundation has launched ads to oppose SEC Commissioner Caroline Crenshaw.

Coindesk News

CoinDesk's Most Influential 2024

The 10th edition of our annual list reflects a momentous year for crypto.

Most Influential 2024

Markets

November Was a 'Monumental' Month for the Crypto Market, JPMorgan Says

Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.

(Credit:

Policy

El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT

Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Tech

Bitcoin 'Four Meggers': OrdinalsBot Inscribes Largest-Ever File on the OG Blockchain

Inscriptions project OrdinalsBot minted what it says is the largest ever file on Bitcoin: The last in a collection of 1,500 "Pizza Ninjas."

16:9 OrdinalsBot co-founders (OrdinalsBot)

Markets

CoinDesk 20 Performance Update: FIL Declines 13% as Nearly All Assets Trade Lower

Ethereum Classic joined Filecoin as a top underperformer, falling 11.7%.

9am CoinDesk 20 Update for 2024-12-09: leaders chart

Finance

Bitget Mulls U.S. Entry While Awaiting Trump’s Pro-Crypto Administration

In an interview, Bitget CEO Gracy Chen surveys the geopolitics of the crypto exchange landscape, including contested territories like Nigeria, Russia and India.

Bitget CEO Gracy Chen (Bitget)

Finance

MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B

This latest buying spree brought the company's total holdings to 423,650 tokens worth nearly $42 billion.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

Markets

Jupiter DAO Passes Massive $860M ‘Jupuary’ Airdrop Vote

The revised vote changed how tokens would be distributed to users with additional checks to prevent tokens from going to mercenary airdrop farmers.

Jupiter (Kamran Abdullayev/Unsplash)

Markets

Cardano, XRP Lead Losses Among Majors as Market Slide Liquidates $300M Bullish Bets

The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.

ETH's rally once again foreshadowed a market-wide dip on Monday (Kelly Sikkema/Unsplash)

Finance

Movement Network's MOVE Trades at $1.3B Market Cap Amid Airdrop

The Movement Network was built using Facebook's programing language Move.

(Getty Images/Unsplash)

Tech

Radiant Capital Says North Korean Hackers Behind $50 Million Attack in October

Hackers gained access to a developer’s computer by posing as a former contractor.

North Korean Supreme Leader Kim Jong Un (Getty Images)

Markets

Gauging Bitcoin, XRP Resistance Levels After Record Price Rallies

As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.

Distribution of open interest in BTC options on Deribit. (Deribit Metrics)