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Latest Crypto News

Opinion

Should SOL Be Trading at a 70% Discount to ETH?

Solana's SOL is starting to rival Ethereum's ether in terms of on-chain activity and network usage metrics, raising questions about whether the market is dislocated, says Michael Nadeau.

Metal Yurt in Nature

Policy

Vitalik Buterin Donated $1M in Ether to Coin Center Hours After Tornado Cash Victory

The Ethereum co-founder previously donated 30 ETH to the legal defense fund for Tornado Cash developers Alexey Pertsev and Roman Storm.

Vitalik Buterin, Ethereum co-founder (Michael Ciaglo/Getty Images)

Markets

Bitcoin Bull Market Is Far From Over, Galaxy Research Says

The world's largest cryptocurrency is expected to make a renewed attempt to breakthrough the $100K level in the near term, the report said.

Bitcoin may soon reach $100K, says Galaxy Research. (Unsplah)

Finance

Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms

The firm's decision comes as crypto companies in the EU prepare to comply with region-wide digital asset rules by the end of this year..

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Twitter/Bitfinex, modified by CoinDesk)

Markets

CoinDesk 20 Performance Update: UNI Jumps 16.3% as All Assets Trade Higher

Stellar also joined Uniswap as a top performer, gaining 12.1% from Tuesday.

9am CoinDesk 20 Update for 2024-11-27: leaders chart

Markets

First Mover Americas: BTC Returns to Near $94K

The latest price moves in crypto markets in context for November 27, 2024.

(CoinDesk)

Markets

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Demand for stablecoins soared as investors poured capital into cryptos after Trump's election victory.

Stablecoin market capitalization (CCData)

Finance

Deutsche Bank Invests in Blockchain Payment Network Partior

The German lender joined the clearing firm's $80 million Series B funding round as a strategic investor.

Deutsche Bank logo

Markets

Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten

As bitcoin approached $100,000 we saw record notional profit-taking, however, as bitcoin dropped to almost $90,000 we are seeing record notional loss-taking.

BTC: Short Term Holders in Loss to Exchanges (Glassnode)

Markets

MicroStrategy Retail Investors Caught Out on the Wrong Side of MSTR Trade

MicroStrategy is down almost 40% from its all-time high of just over $540 a share.

MicroStrategy's Michael Saylor (CoinDesk)

Markets

XRP Rally Sees Record Profit-Taking as Ripple Labs Plans to Invest in Bitwise XRP ETF

High profit-taking combined with an MVRV ratio suggesting overvaluation could lead to a market correction.

(Ripple)

Web3

Line, With an Eye on Telegram's In-App Games Success, to Launch Mini Dapps Next Year

Social media apps' embrace of NFTs didn’t spur mass adoption. Now companies are trying again with blockchain-based games and utility functions.

Photo of a person using a mobile phone.

Markets

Bitcoin Bulls Lose Steam, Aussie-Yen Dips, Hinting at Broad-Based Risk Aversion Ahead

The anti-risk Japanese yen looks to gain ground as the talk of a BOJ rate hike in December gathers steam.

(geralt/Pixabay)

Policy

Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races

From Ripple, Coinbase and a16z, Fairshake has amassed $73 million in campaign funds for the next election cycle, on top of $30 million held over from 2024.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Policy

Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%

The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.

A 2022 protest demonstrates the long fight over Tornado Cash, including the arrest of developer Alexey Pertsev. (Jack Schickler/CoinDesk)