Latest Crypto News

Policy

UK Supreme Court refuses BSV appeal, narrowing $13 billion lawsuit against crypto exchanges

Crypto lawyer Irina Heaver said the ruling reinforces limits on exchange liability and rejects claims tied to speculative future gains following BSV’s delisting

Still from Craig Wright's testimony on day three of the Hodlonaut vs. Craig Wright trial on Sept. 14, 2022. (Bitcoin Magazine/YouTube)

Markets

Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles

The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Finance

BlackRock expands crypto bet with 7 senior hires across U.S. and Asia

The $10 trillion asset manager is staffing up to scale digital asset ETFs, pursue tokenization and identify "first-mover big bets" in Asia.

The BlackRock company logo is seen outside of its NYC headquarters. (Photo by Michael M. Santiago/Getty Images)
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Markets

Hedera Slides to Lowest Point in a Year as Crypto Market Plunges

Volume surged 86% above average during resistance rejection, though late-session breakout signals potential reversal from bearish structure.

"Hedera Drops 0.83% to $0.1192 Amid High Volume and Possible Reversal"

Markets

BNB falls below key support as crypto market cap slips toward $3 trillion

The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.

BNB price (CoinDesk Data)

Markets

Bitcoin Hashrate Sees Sharpest Post Halving Drop Since 2024 Amid China Machine Shutdowns

Roughly 400,000 bitcoin mining machines shut down in China, according to former Canaan chairman.

BTC Hash Rate (Glassnode)

Policy

Bank of America says U.S. banks are heading for multi-year onchain future

The Wall Street firm said faster U.S. stablecoin and charter rules are pulling crypto into the regulated banking system and pushing banks toward an on-chain future.

Stylized network of light focii covering Earth (geralt/Pixabay)
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Finance

Anchorage Digital Buys Securitize’s RIA Platform to Expand Wealth Management Business

The bank has bought the Securitize For Advisors unit, bringing the RIA-focused crypto wealth management platform in-house.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Markets

CME Group Expands Crypto Derivatives With Spot-Quoted XRP and Solana Futures

These are CME’s smallest crypto contracts to date, aimed at active participants who prefer to trade in spot market terms without managing contract expiries or rollovers.

Price and depth chart on laptop (Austin Distel/Unsplash/Modified by CoinDesk)

Markets

Bitcoin Plunges Below $86K as Crypto Weakness Worsens

The curse of the U.S. trading session — in which bitcoin tends to fall as American stocks trade — has hit yet again.

Bitcoin (BTC) price (CoinDesk)

Markets

ICP Slips Back Toward Recent Lows as Rally Attempt Fades

Internet Computer drifted lower after failing to hold intraday gains, with elevated volume reflecting continued distribution near resistance.

ICP-USD, Dec. 15 (CoinDesk)
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Finance

Ondo Finance to Offer Tokenized U.S. Stocks, ETFs on Solana Early Next Year

The platform will enable 24/7 trading of U.S. stocks and exchange-traded funds with near-instant settlement, building on Ondo's existing $365 million in tokenized assets.

Stock market price charts (Anne Nygård/Unsplash)

Markets

BONK Slides Toward Lower Range as Volatility Expands

The Solana-based memecoin drifted back toward recent lows after failing to hold higher levels during a high-volume session.

CoinDesk

Markets

Strive Hikes Preferred Share Dividend Rate as Bitcoin Treasury Companies Continue to Plunge

Bitcoin has tumbled below $88,000 on Monday, helping to send Strive (ASST) common stock lower by 7% to $0.79

Strive (TradingView)

Markets

TON Extends Slide, Drops More Than Broader Crypto Market

The token's trading range was volatile with above-average volume indicating trader repositioning and uncertainty.

"TON Slides 1% to $1.56 Amid Mixed Market Signals Despite Overall Crypto Gains"
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