The parents of prisoned crypto fraudster Sam Bankman-Fried are reportedly exploring how to secure a presidential pardon from President Donald Trump for their son, according to a Bloomberg report. Joseph Bankman and Barbara Fried, both professors at Stanford Law School and part of FTX’s inner circle, are reportedly engaging with individuals connected to Trump’s inner … Read more
To get the show every day, follow the podcast here. Traders have a lot to point to in markets for the bull case: risk demand, bitcoin all-time highs, hopes for an ether ETF. On “Markets Daily,” CoinDesk Markets Reporter Helene Braun speaks with Brian Dixon, CEO of Off the Chain Capital, about the Dencun upgrade, … Read more
The U.S. Securities and Exchange Commission approved another joint bitcoin and ether exchange-traded fund (ETF) Thursday, letting investors gain exposure to the two digital assets in one regulated financial product. The SEC announced it had granted accelerated approval to Bitwise’s Bitcoin and Ethereum ETF, just over a month after approving similar products filed by Hashdex … Read more
Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana (SOL) and Hedera (HBAR) futures. The exchange plans to launch the product on Feb 18., with new contracts being cash-settled on a monthly basis, according to the filing. The contract size for the Solana … Read more
Memecoin generator Pump.fun was hit with another proposed class action lawsuit on Thursday, accusing the company and its executives of raking in nearly $500 million in fees while violating U.S. securities laws. The suit, filed in the Southern District of New York (SDNY), hinges on the crypto industry’s biggest lingering question — when is a token … Read more
San Salvador — Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain that underpins the largest and oldest cryptocurrency — and Bitcoin-based scaling service Lightning Network, the company said on Thursday. Announced at the Plan B conference in San Salvador, Tether CEO Paolo Ardoino … Read more
Last week, through Executive Order, President Trump took a significant step toward reshaping the future of digital assets by establishing a Crypto Council led by investor and entrepreneur David Sacks. This Executive Order, coupled with the recent reversal of SAB 121 – an ill-conceived policy that made it prohibitively difficult for banks to custody crypto … Read more
Could Bitcoin (BTC) soon find its way on to the balance sheet of a European central bank? That possibility took at least a small step forward on Thursday after the board of the Czech National Bank (CNB) approved a proposal to consider investing reserves in other assets. Put forth by the central bank Governor Aleš … Read more
In today’s issue, Miguel Kudry from L1 Advisors breaks down direct ownership of cryptocurrency vs. exchange-traded and wrapped funds and how they are expected to evolve through 2025. Then, Crews Enochs from Index Coop answers questions on the topic in Ask and Expert. – Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that … Read more
The telecommunications industry stands at a critical juncture. As global data consumption skyrockets, traditional telecom operators face a perfect storm of challenges: stagnant subscriber growth, costly infrastructure maintenance and an insatiable demand for bandwidth. This capacity crunch is not just a problem for carriers; it’s a looming crisis for consumers who increasingly rely on seamless … Read more