Latest Crypto News

Policy

Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours.

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV, modified by CoinDesk)

Policy

U.S. Senate Rolls Toward Last Vote on Confirming Crypto Regulators at CFTC, FDIC

In the prolonged process of the Senate, two key officials have faced a series of procedural steps on their way to a final vote, possibly early next week.

Procedural vote toward confirmation of CFTC, FDIC heads (U.S. Senate)

Finance

JPMorgan Pushes Deeper Into Tokenization With Galaxy's Debt Issuance on Solana

Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.

JPMorgan building (Shutterstock)

Finance

Binance Overhauls Stablecoin Trading with Trump-Linked USD1

The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.

Binance
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Tech

El Salvador Partners with Elon Musk’s Grok in AI-Powered Education for 1M Students

The nation that first adopted bitcoin as legal tender is looking to pioneer AI-powered education in 5,000 Salvadoran schools with xAI’s Grok

The National Palace in San Salvador, El Salvador.

Finance

Crypto Investment Firm Blockstream to Acquire TradFi Hedge Fund Corbiere Capital

The planned deal will bring Corbiere’s equity and event-driven strategies under Blockstream’s asset management arm.

Adam Back, CEO Blockstream (CoinDesk/Personae Digital)

Markets

Robinhood Stock Slides 8% After Big Decline in November Trading Volumes

Slumps across equity, options and crypto trading in November raised concerns that retail investor momentum may be fading.

Robinhood logo on a screen

Markets

Aptos Slumps 7% as Token Unlock Weighs on Sentiment

Trading volumes jumped 38% above monthly averages as institutional players repositioned ahead of a scheduled token unlock.

Aptos (APT) price chart
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Markets

TON Slips 3.3% to $1.59 as Broader Crypto Market Weakens

The token is consolidating below resistance at $1.65, with support forming above $1.59, and traders are watching for a breakout above $1.70 to regain momentum.

"TON Rises 1.29% to $1.60 on Surge in Volume Amid Bearish Technical Outlook"

Markets

ICP Extends Decline as Breakdown Below $3.40 Reinforces Bearish Structure

ICP slid 4.28% as a sharp reversal from early highs pushed the token below short-term support, with volume surging during key inflection points.

ICP-USD, Dec. 11 (CoinDesk)

Markets

BNB Drops Below $865 as Crypto Market Moves Lower

The token is now trading in a tight range, with buyers defending the $864-$867 zone and sellers capping gains near $868.50.

BNB Falls 2.5% to $867 Amid Network Maintenance and Trader Caution

Policy

Save the Children Introduces Bitcoin Fund to Streamline Crisis Response

New fund enables Save the Children to hold bitcoin, pilot digital wallets, and speed up emergency aid delivery.

Save the Children
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Finance

Cross-Chain Liquidity Protocol LI.FI Raises $29M in Series A Extension

The Berlin-based bridging and swap infrastructure provider has now raised $51.7M in total funding and processed more than $60B in onchain volume.

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

Markets

Bitcoin Stumbles Back Below $90K as Dollar Sinks to 7-Week Low After Fed Rate Cut

The U.S. dollar, along with precious metals and bond yields, is reacting as expected to easier financial conditions, but crypto remains in a bearish trend.

DXY Index (TRadingView)

Markets

BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support

BONK fell 4.5% as resistance near $0.00001010 capped early strength, sending the token into a tight consolidation band around $0.00000910.

BONK-USD, Dec. 11 (CoinDesk)

Finance

Hong Kong's OSL Group to Offer U.S.-Regulated Stablecoin with Anchorage Digital

The USDGO token will be issued under U.S. federal oversight and backed 1:1 by U.S. dollar assets.

Nathan McCauley, co-founder and CEO of Anchorage Digital at Consensus 2025.
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