Latest Crypto News

Markets

Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto

Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.

(Tudoran Andrei/Shutterstock)

Policy

Signs of life?: State of Crypto

Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.

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

Markets

Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic

The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.

storm, clouds, silver lining (Liu JiaWei/Unsplash)

Markets

Bitcoin is nearing a power law support line Fidelity has tracked since 2015

The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.

(Shutterstock/Jonathan Weiss, modified by CoinDesk)
Advertisement

Markets

Bitcoin, ether little changed as U.S. launches fresh Iran strikes

The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again.

Iran war reignites

Markets

Ripple once weighed shutting down and handing XRP to shareholders, CEO says

Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit.

Ripple reportedly raise $1B fundraise. (Shutterstock)

Tech

Bitcoin’s BIP 110 fork deadline nears with miner support at zero

The BIP 110 proposal would cap arbitrary data on Bitcoin for a year, but Saylor, Adam Back and others say turning a spam dispute into a consensus fight could create a bigger risk than the spam itself.

fork, bitcoin

Web3

Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera

Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.

Glasses in front of monitors with code (Kevin Ku/Unsplash)
Advertisement

Finance

Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs

Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets' Christian Lopez.

Road sign saying "Wall Street"

Opinion

The UK has finally shown it’s serious about crypto

Several recent regulatory steps indicate the UK might finally stop dragging its feet when it comes to crypto, argues Wirex CEO Chet Shah.

CoinDesk

Markets

Bitcoin treasury company Empery Digital sold about half of its BTC stack

It's a sign of the times as the troubled company swaps its bitcoin treasury ambitions for AI data centers.

Cryptos reverse course

Tech

AI found an Ethereum bug that could take validators offline, but humans had to prove it

The Ethereum Foundation pointed coordinated AI agents at the software its validators run and got a remotely triggerable crash out of it. It also got a pile of confident, well-written findings that were not bugs at all.

AI found an Ethereum bug that could take validators offline, but humans had to prove it (CoinDesk)
Advertisement

Markets

Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no

Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over.

Halving cycle data challenges moonshot predictions. (Getty Images)

CoinDesk News

Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"

Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there.

Alex Schultz

Policy

U.S. government digital dollar set to be banned tonight under housing law's CBDC limit

Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.

U.S. President Donald Trump (Jesse Hamilton/CoinDesk)

Finance

Hyundai becomes first major South Korean company to introduce internal stablecoin transfers

The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.

Hyundai. (Raphael Maksian/Unsplash)
Advertisement