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Breaking News

Markets

U.S. Added Just 22K Jobs in August as Unemployment Rate Rose to 4.3%

The soft numbers not only cement the case for a Fed rate cut later this month, but likely put a 50 basis point move on the table versus the previously expected 25.

The U.S. released January jobs numbers Friday morning (Ernie Journeys/Unsplash)

Finance

Chainlink and Pyth Selected to Deliver U.S. Economic Data on Blockchain

Chainlink's LINK and Pyth's token surged after they announced that they will deliver official macroeconomic data feeds from the U.S. Commerce Department on blockchain.

Chainlink co-founder Sergey Nazarov

Finance

Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week

The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.

A fox (Unsplash)

Policy

Terraform's Do Kwon Pleads Guilty to Conspiracy, Wire Fraud in UST Blow-up

The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.

Do Kwon (CoinDesk archives)

Markets

Bitcoin Surges Past $117K as Trump Taps Stephen Miran for Federal Reserve

An executive order paving the way for crypto to be included in 401(k) plans is also helping boost prices on Thursday.

The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Markets

Fed Holds Rates Steady as Expected, but Two Dissent From Decision

Fed Chair Jerome Powell has been under considerable pressure from the White House to ease monetary policy.

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)

Policy

No U.S. Bitcoin Reserve Plans as White House Touts Crypto Report

The report on the government's crypto plans doesn't offer a ton of surprises, mostly echoing familiar policy work, and it's got nothing new on the crypto stockpiles.

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

Policy

Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report

A preview of a White House report on digital assets makes further recommendations to areas already in motion within the Clarity Act to oversee crypto markets and the GENIUS Act for stablecoins.

Donald Trump (Nikhilesh De/CoinDesk)

Markets

SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Finance

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)