Latest Crypto News

Policy

White House reviews CFTC prediction-market rule as Trump backs federal control

The proposal could shape how Kalshi, Polymarket, and other event-contract platforms operate as states challenge the CFTC’s authority.

White House at night (Credit: Tabrez Syed on Unsplash/Modified by CoinDesk)

Markets

Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH

Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.

Ether's price drops below $2,000. (CoinDesk)

Markets

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record

IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

ETFs (Markus Winkler/Pixabay, modified by CoinDesk)

Markets

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

U.S. Department of the Treasury headquarters in Washington (Jesse Hamilton/CoinDesk)
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Markets

XRP drops 4% below $1.30 as heavy selling breaks key support zone

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

(CoinDesk Data)

Markets

Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations

Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.

missiles

Policy

U.S. CFTC files request to erase Gemini settlement that it no longer considers fair

The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.

Cameron and Tyler Winklevoss at the White House after last year's GENIUS Act signing. (Nikhilesh De/CoinDesk)

Policy

Google engineer insider-traded search results on Polymarket, Feds allege

The charges mark the second major arrest over insider trading on a prediction market.

A Polymarket contract that Michele Spagnuolo allegedly traded on. (Nikhilesh De/CoinDesk)
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News Analysis

The crypto industry’s massive political war chest is starting to lean Republican ahead of midterms

As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus.

political action committees (PACs) (illustration by Jesse Hamilton/CoinDesk)

Policy

Wall Street gets new crypto rival after Texas bank completes regulatory pivot

By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.

United Texas Bank. (UTB/Press)

Markets

Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

CoinDesk

CoinDesk Indices

Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium

In this week's Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn't just regulate stablecoins, it repriced Bitcoin's monetary premium. Then, Jesper Johansen on why looped ETH staking no longer needs a lending market.

CoinDesk
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Finance

BIS project finds tokenization could make cross-border payments faster, safer

Project Agorá, backed by major central banks, will now move toward "real-value" testing to settle tokenized central bank money and bank deposits on blockchain rails.

The Bank for International Settlements in Basel, Switzerland (Fred Romero/Flickr)

Markets

Crypto IPOs could create massive $1 trillion market amid tokenization wave, Jefferies says

The Wall Street investment bank expects a wave of crypto and blockchain public listings over the next two years as institutional investors shift their focus from speculative trading to real-world financial infrastructure.

(Photo by Joshua Tsu on Unsplash/Modified by CoinDesk)

Finance

Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users

An individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the end of the week, all users will have access.

Jack Dorsey (Joe Raedle/Getty Images)

Opinion

A bipartisan bridge to the future: Why the Senate must finish the job on digital Assets

The Clarity Act’s recent markup proved that the momentum for regulation is there. It is imperative that Congress move the bill forward to establish rules this generation needs and a framework the next will inherit, urges Kim.

Sen. Tim Scott and Sen. Elizabeth Warren during a Senate Banking Committee
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