Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) expects its convertible preferred stock Strike (STRK) to be listed on Nasdaq on Thursday, according to a slide in its earnings presentation. Strategy, formerly known as MicroStrategy, also introduced new performance metrics when it reported fourth-quarter earnings after the market closed … Read more
Layer 1 Berachain will airdrop just under 80 million of its BERA tokens to ecosystem and exchange users as the decentralized finance (DeFi)- focussed network goes live later on Thursday, per a release. The total initial supply of BERA is 500 million tokens, with 48.9% allocated for community engagement, including airdrops, ecosystem development, and research. … Read more
Net inflows to spot XRP tokens turned positive early Thursday after days of outflows, putting the token in focus following a record-breaking month for its native decentralized exchange (DEX). Over $15 million in XRP flowed to centralized exchanges on Thursday led by deposits to Bybit and Kraken, Coinglass data shows. Spot inflows to exchanges may … Read more
Two law firms that are involved in a proposed a class action suit against Pump.fun say they are now victims of tokens that are impersonating the firm’s likeness, and are demanding in a cease and desist letter that the memecoin factory immediately remove them. At the center of the controversy is a token called ‘DOGSHIT2’ … Read more
Bitcoin (BTC) rose above $98,000 during Thursday’s Asian trading hours after Eric Trump, son of U.S. President Donald Trump, encouraged the family backed crypto platform to invest in bitcoin (BTC). “[It] feels like a great time to enter BTC, @worldlibertyfi ” Eric Trump posted on X at 1:41 UTC, following which, BTC prices rose from … Read more
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the economy by lowering the yield on the 10-year Treasury note. “He and I are focused on the 10-year Treasury,” Bessent told Fox Business when asked about plans to lower interest rates. “He is not calling for the … Read more
Bitcoin (BTC) has become a store of value and an instability hedge for the world’s wealthiest investors, Michael Sonnenfeld, the founder of Tiger21, said during an interview on CNBC. The members of Tiger21, a network of high-net-worth investors and executives, collectively have a net worth of $200 billion. The members have allocated around 1%-3% of … Read more
Bitcoin rose above $98,000 during Thursday’s Asian trading hours after Eric Trump, son of U.S. President Donald Trump, encouraged BTC investment on X. “[It] feels like a great time to enter BTC,” Eric Trump posted on X at 1:41 UTC, following which, BTC prices rose from $96,900 to $97,830. The micro CME futures topped the … Read more
The U.S. Commodity Futures Trading Commission’s legal campaign against prediction market platforms such as Polymarket and Kalshi can’t just be shut down, according to Caroline Pham, the acting agency chairman put in place by President Donald Trump. Pham said the agency will gather experts for a roundtable meeting, probably next month, that can build a … Read more
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: Ethereum’s Wall Street cheerleader Avalanche cuts fees by 75% Arbitrum integrates Bitcoin UBS tests ZKSync for gold This article is featured in the latest issue of The Protocol, our … Read more