Latest Crypto News

Finance

Circle soars after securing U.S. trust bank approval in crypto expansion

The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Crypto defies equity weakness as altcoin optimism builds into the weekend

The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250.

Bitcoin price (CoinDesk Data)

Markets

Polymarket seeks approval to bring margin trading to U.S. customers

Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.

Hands rest on a keyboard attached to a tablet computer. (Kanchanara/Unsplash)
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Markets

Bitcoin's $60,000-$70,000 range becomes third most traded range in history

Bitcoin has spent 307 days in the $60,000-$70,000 range, the third longest consolidation in any $10,000 price band.

BTC Price (Glassnode)

Markets

Metaplanet explores bringing bitcoin-backed digital credit to Japan

The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.

Neon sign saying 'Open 24 hours'

Markets

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch

A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.

Charts, graph. (Adam Smigielski/Unsplash)

Tech

live

Live markets: Bitcoin tops $64,000 as selling pressure on Coinbase eases

Spot bitcoin funds lost about $95 million on Thursday and ether funds roughly $52 million, ending the one bright spot in crypto's institutional flows even as prices rallied.

1 kg gold bars set out in ranks.
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Markets

XRP up 2% as buyers push through $1.10 resistance

A late-session volume surge carried XRP above its recent range, with traders now watching whether $1.10 can hold as support.

CoinDesk

Markets

Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears

A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs.

Fiat currencies. (Jason Leung/Pixabay)

Markets

Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran.

Up Arrows (Unsplash)

Policy

New Hampshire snuffs out trailblazing state-government bitcoin bond effort

At its last stage for government approval, the state's executive council rejected the bond project 3-2.

New Hampshire State House (Nils Huenerfuerst/Unsplash)
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Finance

Grayscale's CFO exits after 7 years with crypto asset manager

Edward McGee stepped down after seven years, months after distribution chief John Hoffman left for Ondo Finance.

The Grayscale Solana Trust was launched in 2021 as the asset managers 16th product.

Policy

With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned

Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday.

CoinDesk

Markets

Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy

The brokerage's new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.

Robinhood's Vlad Tenev speaks at Token2049 in Singapore (Token2049)

Policy

Newest version of crypto Clarity Act may drop as soon as next week, sources say

After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for late-July action — though it still lacks bipartisan buy-in.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)
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