Latest Crypto News

Markets

Profit-taking, MidEast hostilities drag crypto lower after bullish week

Crypto's weekend gains gave way to a Monday selloff as Middle East tensions resurfaced, South Korea's Kospi lost 9.2% and $253 million in leveraged positions were wiped out.

CoinDesk

Markets

Paradigm shifts vs bubbles: AI chips and bitcoin show powerful trends can still produce severe corrections

Structural change can create lasting opportunities, but explosive rallies in semiconductors, metals and bitcoin show how quickly strong narratives can become speculative excess.

Bubbles in Laundromat

Markets

U.S. inflation, second-quarter earnings reports: Crypto Week Ahead

Your look at what's coming in the week starting July 13.

Wells Fargo logo outside an office block (Shutterstock)

Markets

live

Live markets: Bitcoin slips below $63,000 in an Asian-session leverage flush

The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass.

pen rests on paper showing sketched graph going lower.
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Markets

Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto

Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.

(Tudoran Andrei/Shutterstock)

Policy

Signs of life?: State of Crypto

Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Markets

Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic

The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.

storm, clouds, silver lining (Liu JiaWei/Unsplash)

Markets

Bitcoin is nearing a power law support line Fidelity has tracked since 2015

The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.

(Shutterstock/Jonathan Weiss, modified by CoinDesk)
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Markets

Bitcoin, ether little changed as U.S. launches fresh Iran strikes

The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again.

Iran war reignites

Markets

Ripple once weighed shutting down and handing XRP to shareholders, CEO says

Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit.

Ripple reportedly raise $1B fundraise. (Shutterstock)

Tech

Bitcoin’s BIP 110 fork deadline nears with miner support at zero

The BIP 110 proposal would cap arbitrary data on Bitcoin for a year, but Michael Saylor, Adam Back and others say turning a spam dispute into a consensus fight could create a bigger risk than the spam itself.

fork, bitcoin

Web3

Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera

Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.

Glasses in front of monitors with code (Kevin Ku/Unsplash)
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Finance

Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs

Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets' Christian Lopez.

Road sign saying "Wall Street"

Opinion

The UK has finally shown it’s serious about crypto

Several recent regulatory steps indicate the UK might finally stop dragging its feet when it comes to crypto, argues Wirex CEO Chet Shah.

CoinDesk

Markets

Bitcoin treasury company Empery Digital sold about half of its BTC stack

It's a sign of the times as the troubled company swaps its bitcoin treasury ambitions for AI data centers.

Cryptos reverse course

Tech

AI found an Ethereum bug that could take validators offline, but humans had to prove it

The Ethereum Foundation pointed coordinated AI agents at the software its validators run and got a remotely triggerable crash out of it. It also got a pile of confident, well-written findings that were not bugs at all.

AI found an Ethereum bug that could take validators offline, but humans had to prove it (CoinDesk)
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