Latest Crypto News

Markets

Galaxy Digital shares jump 18% after company approves $200 million buyback

The repurchase plan follows a volatile earnings week and signals confidence in the firm’s balance sheet.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Finance

Crypto's eligibility for 401k retirement funds is under fire after brutal market rout wipes out $2 trillion

"401ks exist to help people save for a secure retirement, not gamble on speculative assets," said an industry observer.

Crypto retirement plan in question after brutal selloff (Getty Images)

CoinDesk News

Ondo wants to rebuild prime brokerage on-chain — and perps are the first step

Ondo showcases rapid growth in tokenized assets and unveils plans to turn that momentum into a full-stack on-chain financial services ecosystem at its summit.

CoinDesk

Finance

Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans

Russia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation expected by mid-2026.

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Markets

XRP price rockets 18%, staging wildest recovery among major tokens

The move came as bitcoin briefly rose over $70,000 in U.S. morning hours, reversing Thursday's sharp declines ahead of the weekend.

XRP symbol on top of dollar bills. (Unsplash/CoinDesk)

Opinion

Why normalization of digital asset treasuries is the next big business trend

Crypto’s “wild west” era for companies is ending as DATs enter a new phase of normalcy, says AVAX One's Jolie Kahn.

graph and crypto coin

Markets

Here's what Wall Street analysts are saying about Strategy after massive Q4 loss

The numbers weren't pretty, but the fourth-quarter loss does not signal a cash crunch or the necessity of bitcoin sales, say analysts.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Finance

Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC

An internal reward distribution mistake briefly sent bitcoin prices sharply lower on South Korea’s Bithumb exchange after users were mistakenly credited with large phantom balances.

South Korea (Photo by Daniel Bernard on Unsplash/Modified by CoinDesk)
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Policy

China expands crypto crackdown to stablecoins, asset tokenization

The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.

China flag (Unsplash)

Markets

Bitwise says peak anxiety signals crypto market is nearing a bottom

The crypto asset manager argued that while the current drawdown mirrors the anxiety of 2018 and 2022, long-term upside catalysts remain intact.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Markets

Record breaking stats from bitcoin’s Thursday capitulation signal a bottom is near

Extreme capitulation metrics are now matching levels seen only at major cycle lows.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

Markets

Bitcoin rises above $70,000, extending bounce from Thursday's crash

Strategy, MARA Holdings and Galaxy Digital are among crypto-related stocks posting double-digit percentage gains early Friday.

Bitcoin (BTC) price on Feb. 6 (CoinDesk)
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Finance

Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move

The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Markets

Here's what Wall Street analysts are saying after IREN's earnings miss

The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.

Bitcoin miners (Shutterstock)

CoinDesk Indices

CoinDesk 20 Performance Update: Ripple (XRP) Surges 20.1% as All Assets Trade Higher

Hedera (HBAR) was also among the top performers, rising 13.1% from Thursday.

9am CoinDesk 20 Update for 2026-02-06:

Markets

Citi cuts Coinbase price target to $400 after stock's 65% plunge from record high

The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.

Coinbase
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