Latest Crypto News

Markets

Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT

The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.

Mark Zuckerberg in 2025 (Getty Images/Craig T Fruchtman)

Markets

BNY sees 'FOMO' driving asset managers into tokenized funds

Fund issuers are exploring blockchain-based ETFs amid fears of missing an early foothold in tokenized finance.

BNY office (BNY)

Markets

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.

Niki Ariyasinghe, Chainlink’s vice president of Asia-Pacific and the Middle East. (Chainlink/Media)

Tech

Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset

The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization's ongoing turmoil.

Vitalik Buterin speaking at ETHDenver in February 2022
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Markets

Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank

Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

Trading screen

Opinion

The SEC delayed tokenizing stocks, and here’s why that’s a relief

Before we rush to tokenize U.S. equities, we need compliance systems that understand context, not just checkboxes. Investors like Michael Burry see the danger, so should the rest of us, urges Chamarajnagar.

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

Tech

Ethereum Foundation cuts 20% of staff amid leadership exodus

The reduction follows a period of significant upheaval at the organization’s leadership level.

Graphic showing ethereum symbol on a grid with screens.

Markets

Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator

With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.

Realized Price (Glassnode)
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Finance

Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations

The former Robinhood Crypto executive will oversee operations as Agora scales its rapidly growing AUSD stablecoin business.

Agora CEO Nick van Eck

News Analysis

In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer

Tough negotiations linger in several difficult arenas, but crypto's Washington lobbyists are flying in allies this week and still hoping for a July vote.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

The ECB digital euro takes step forward after winning key European Parliament vote

EU lawmakers backed a legal framework to develop an ECB digital currency by 2029 so the continent can stop relying entirely on U.S. credit card and stablecoin giants.

EU Parliament. (Marius/Unsplash)

Finance

Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division

The $1.7 trillion asset manager did not disclose the amount paid for the acquisition of 250 Digital but revealed its plans for a new corporate division exclusively for crypto investments.

Jenny Johnson, Franklin Templeton President and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)
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Markets

Strategy's STRC slump prompts Terra comparisons that don't hold up, says analyst

Benchmark's Mark Palmer says the comparison misreads what STRC is — a dividend-paying share backed indirectly by bitcoin, not a peg waiting to break.

Michae Saylor (Jason Koerner/Getty Images)

Markets

Crypto market drops as Nasdaq tech selloff spills into digital assets

Bitcoin lost 2.5% to $62,300 and ether fell more than 4% while $717 million in liquidations amplified losses across altcoins.

CoinDesk

Policy

Ripple targets EU, wins preliminary MiCA approval from Luxembourg financial regulator

The license will enable Ripple to offer its stablecoin payment systems to European companies and expand into broader crypto functions.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)
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