Latest Crypto News

Markets

Miners are being squeezed as bitcoin’s $70,000 price fails to cover $87,000 production costs

Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.

Average Production Cost (Checkonchain)

Markets

Stifel predicts bitcoin crash to $38,000. Yes, you read it right.

Stifel analysts predict bitcoin could fall to $38,000 using an analogy of the movie "The Curious Case of Benjamin Button" to explain the bearish forecast.

A surfer falls headfirst into the waves  (keithsutherland/Getty images+/Unsplash)

Markets

Bitcoin climbs back above $71,000 as tech selloff pauses

Analysts say the move looks driven more by short covering than fresh buying, with spot demand soft and stablecoin balances on exchanges drifting lower.

Price bounce (Getty Images)

Markets

Justin Sun says 'keep going' on Tron Inc's TRX buys as the token outperforms bitcoin

TRX has outperformed much of the crypto market this year, slipping only about 1.3% versus bitcoin's nearly 19% decline.

Justin Sun speaks at Consensus Hong Kong (CoinDesk)
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Markets

Bhutan moves bitcoin to trading firms and exchanges as BTC drops to nearly $70,000

Wallet data shows the Royal Government of Bhutan moving bitcoin to trading firms and exchanges for the first time in months, as markets slide and volatility spikes across crypto and metals.

Buddha point, Thimphu, Bhutan (Passang Tobgay/Unsplash)

Markets

Bitcoin crashes below $70,000 on Bitstamp

During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.

FastNews (CoinDesk)

Policy

House probe targets WLFI after report of $500 Million UAE stake

Congressional investigators seek ownership records, payment trails and stablecoin documents from the Trump-linked crypto firm following reports of Emirati backing and its USD1 token’s role in a $2 Billion Binance transaction

Consensus 2025: Zak Folkman, Eric Trump

Markets

Silver’s 17% plunge reignites market behaviour that once topped bitcoin liquidations

It is the same setup Michael Burry warned about this week, when he said falling crypto collateral can force metal selling in a feedback loop.

Blocks of silver (Scottsdale Mint)
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Markets

Bitcoin slips below $71,000 as AI-driven tech rout worsens

The decline followed sharp losses in Asian and U.S. tech shares, where concerns over peaking AI investment, stretched valuations and slowing earnings have driven investors out of risk assets.

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Markets

XRP crashes to its lowest since Trump's election win, could slide further to $1.00

XRP has fallen to $1.44, its lowest level since November 2024, as bitcoin’s decline fuels broader risk aversion in the crypto market.

stairs

Markets

Bitcoin slides toward $70,000 as on-chain data flags bear market and traders bet Fed holds in April: Asia Morning Briefing

On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.

Bitcoin (TheDigitalArtist/Pixabay, modified by CoinDesk)

Finance

Multicoin Capital co-founder Kyle Samani steps down after nearly a decade to pursue other areas of tech

" I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance," said Samani, who will remain chairman of Solana treasury company, Forward Industries.

Kyle Samani of Multicoin (CoinDesk)
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Policy

U.S. regulator declares do-over on prediction markets, throwing out Biden era 'frolic'

The Commodity Futures Trading Commission tumultuous legal fight with events-contracts firms is done, and its new leader is yanking previous policy efforts.

CFTC Chair Mike Selig (left) and SEC Chair Paul Atkins (Jesse Hamilton/CoinDesk)

Finance

Wall Street giant CME Group is eyeing its own 'CME Coin,' CEO says

The initiative is part of CME's push into tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year.

(Photo by Michael Reaves/Getty Images)

CoinDesk Indices

Crypto Long & Short: Europe’s role in the next wave of tokenisation

In this week’s Crypto Long & Short Newsletter, Lukas Enzersdorfer-Konrad writes about how the EU’s regulatory clarity could allow tokenised markets to scale. Then, Andy Baehr tells BNB to “suit up.”

CoinDesk

Policy

Newly unsealed DOJ files link Jeffrey Epstein to a 2014 investment in Coinbase

Emails show Brock Pierce introduced Jeffrey Epstein to the Coinbase round, while Blockchain Capital later said its fund investment was never completed as Epstein invested independently.

Jeffrey Epstein charges being unveiled in 2019. (Stephanie Keith/Getty Images)
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