Bitcoin (BTC) surged past $106,000 on Thursday morning in the U.S. on reports that U.S. President Donald Trump will talk later today with Nayib Bukele, president of bitcoin-friendly nation state El Salvador. Bitcoin advanced more than 3% to session highs in the minutes after the report, erasing early morning losses. It was up 2.2% over … Read more
The builders of Solana-based crypto derivatives exchange Ranger Protocol are jumping on the AI train, too, after raising $1.9 million from venture investors. Ranger’s eponymous trading venue pools crypto perps (the most popular investment contract in DeFi for trading tokens like SOL) from multiple protocols to secure good deals for traders. Since launching in late … Read more
The U.S. Senate Banking Committee has officially set its roster for the new digital assets committee, putting Senator Cynthia Lummis at the top, as expected. But it also includes two names that received heavy backing from the crypto political action committee Fairshake in the 2024 elections. New Senator Bernie Moreno, the Ohio blockchain entrepreneur who … Read more
With payment firm Stripe’s recent $1.1 billion acquisition of stablecoin platform Bridge.xyz sending shockwaves through the crypto payments sphere, attention is turning to the next generation of stablecoin payment infrastructure providers. Among them is BlindPay, a 2024 Consensus hackathon winner and Y Combinator 2025 (W25) batch company that’s taking a distinct approach to the challenge … Read more
World Liberty Financial, the decentralized finance (DeFi) project linked to President Donald Trump, plans to buy more of Tron’s TRX token just days after a $2.6 million purchase, according to a person familiar with its plans. The project will buy an additional $2.65 million of TRX this week, the person said on Thursday, the same … Read more
Circle, the issuer of the $48 billion USDC stablecoin, introduced Paymaster, a product allowing users to pay for transaction fees on Arbitrum and Base using the second-biggest stablecoin instead of ether (ETH), the second-biggest cryptocurrency. Blockchain transactions require users to pay transaction fees that are used to compensate validators for processing and securing these transactions. … Read more
Payments-focused cryptocurrency XRP’s short-term outlook appears grim as traditional financial giants do not seem interested in looking beyond BTC and ETH, while price action indicates signs of rally fatigue. On Wednesday, the Chicago Mercantile Exchange (CME) denied its plans to list futures tied to XRP and Solana’s SOL token. This swift denial likely indicates that … Read more
Animecoin, the governance token tied to non-fungible token (NFT) project Azuki, has debuted at a fully diluted value (FDV) of $1.2 billion with tokens trading at $0.12 on HyperLiquid. The total supply of the token is set at 10 billion, and holders of the Azuki NFT can claim the airdrop. Users reported that the official … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3809.52, down 4.3% (-172.06) since 4 p.m. ET on Wednesday. One of 20 assets are trading higher. Leaders: ETC (+2.1%) and ETH (-1.4%). Laggards: SOL (-8.8%) and AVAX (-5.7%). … Read more
Liquid restaking protocol Puffer Finance has announced details of its airdrop campaign, which will see users accrue the newly-launched CARROT token that can be converted to PUFFER at the conclusion of season 2 later this year. Users will accumulate CARROT through activities like staking, governance voting and liquidity provision. The protocol currently has $264 million … Read more