While the TRUMP token brought considerable attention to the crypto market, it struggled to onboard substantial new capital. That’s the takeaway from the comparative analysis of TRUMP’s market cap versus the total value of the crypto market. The memecoin launched with significant impact last week, reaching a market cap of over $10 billion on its … Read more
Artificial Intelligence (AI) tokens are in the red during the Asia morning trading hours, with the CoinGecko category down 9%, registering bigger losses than the CoinDesk 20 – a crypto index – which is down 5%. Crypto investors, like their traditional finance counterparts, are likely digesting the impact that DeepSeek, a new AI model, is … Read more
To get the show every day, follow the podcast here. On “Markets Daily,” host Helene Braun is joined by John Lo, managing partner of digital assets at Recharge Capital, to discuss Ethereum market volatility, outsized bitcoin funding rates, and DeFi’s lagging growth behind the currency sector. – Consensus is where experts convene to talk about the … Read more
Donald Trump is officially the 47th President of the United States, and the U.S. government is going in some different directions from the last administration. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative U.S. President Donald Trump … Read more
Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to a Friday filing to the U.S. Securities and Exchange Commission (SEC). The process allows large institutional investors, called authorized participants (APs), to buy and redeem shares of the fund directly to bitcoin (BTC). … Read more
Remember those middle-school writing prompts: Describe your favorite cookie. Your teacher told you to write it as if to an alien, a being who had never encountered a cookie before, which meant touching on each sense – sight, sound, smell, touch, taste. You might not have realized it then, but describing something in a way … Read more
An investigation in the U.S. House of Representatives and a hearing in the Senate will examine whether financial regulators during the administration of former President Joe Biden deliberately cut off crypto industry leaders and others from the banking system in an inappropriate use of authority. “Debanking is un-American — every legal business deserves to be … Read more
Solana (SOL), the layer-1 blockchain designed for high-speed and low-cost transactions, has been at the center of a trading frenzy with Donald Trump’s memecoin driving stablecoin supply on the network to a fresh record-high. The total stablecoin supply on Solana has surged to $10.5 billion, doubling since the start of January, according to data source … Read more
It was a big week for crypto following the inauguration of Donald Trump to a second term Monday. The White House issued an executive order on digital assets, calling for a friendly approach to crypto across the administration and the creation of a “digital asset stockpile” (which may, or may not be, a Bitcoin Strategic … Read more
The DePIN revolution is coming to a fast food franchise near you. The movement that started with Helium and has spread to numerous categories, including mapping and car data, this year is now spreading to hospitality. The initiative shows how quickly DePINs — or decentralized networks of physical infrastructure — are becoming mainstream. The fast … Read more