Latest Crypto News

Markets

MemeCore's M token suddenly crashes 80% with no clear trigger

The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain investigator ZachXBT warned in April that M's price had been propped up by insiders.

BTC falls to its 20-day moving average. (Meg Boulden/Unsplash)

Markets

Ripple's RLUSD stablecoin goes live in Japan after regulatory approval

Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.

Japan flag in front of a building (Roméo A./Unsplash)

Markets

Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.

The market has found a new support level and it could be tested following Thursday's U.S. inflation data.

Trading screen. (Yashowardhan Singh/Unsplash)

Markets

XRP slides 2.8% as weak bounce keeps $1 support in focus

Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure.

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Markets

Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound

The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.

Screen chart showing a descending line

Tech

Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish

In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.

Ethereum Logo

Finance

Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket

The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.

Kalshi co-founder and CEO Tarek Mansour (Jesse Hamilton/CoinDesk)

Policy

Binance withdraws Greek MiCA bid but vows to remain in Europe

The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.

ESMA Headquarters. (Gecina/Wikimedia Commons)
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Markets

Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital

South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.

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CoinDesk Indices

Crypto Long & Short: Infrastructure is the prevailing currency in digital assets

In this week's Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk's liquidation feed, Liquibit Capital's Alen Pavlović finds that June's forced selling peaked near $68,000, days before bitcoin actually bottomed.

pedestrian near building

Finance

SecondFi loses $2.4 million in Cardano wallet exploit

SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.

Hacker sitting in a room (Clint Patterson/Unsplash)

Policy

Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act

As Congress prepared to celebrate the president's signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event.

U.S. President Donald Trump on June 22, 2026 (Getty Images/Andrew Harnik)
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Policy

Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition

Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.

Isadora Arredondo. Hedera (Isadora Arredondo)

Markets

Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone

A 50% drop from recent highs has pushed the asset into a zone historically labeled as a dead end, sparking a debate among crypto analysts.

Rainbow Chart (Blockchaincenter.net)

Opinion

The banking lobby is wrong about stablecoins and community banks

Congress should not kneecap one of the clearest advances in payment infrastructure to protect community banks from a threat that has not been proven, argues Eco CEO Ryne Saxe.

The U.S. Capitol Building (Getty Images/Omar Chatriwala)

Markets

Gold, silver and bitcoin tumble as 'debasement' trade unwinds

Precious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.

Silver (TradingView)
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