Bitcoin (BTC), the largest cryptocurrency by market capitalization, is likely to hit record highs on more than 70 days this year, more than triple last year’s number, if the price continues to mirror 2017’s performance. It’s already on the way, hitting $109,000 on Jan. 20, the day of President Donald Trump’s inauguration. In 2024, it … Read more
Ethereum layer-2 protocols are processing transactions faster than ever, with Coinbase’s BASE at the forefront of this progress. According to data from growthepie.xyz, the cumulative transaction throughput for layer 2s has skyrocketed to 29.64 million gas units per second (Mgas/s), the highest pace ever recorded. BASE leads the way, accounting for 67% of the total. … Read more
Volatility traders looking to capitalize on significant price swings may soon find opportunities. A key indicator suggests that bitcoin (BTC), currently above $100,000, resembles a coiled spring poised to release energy in either direction. The indicator is the rolling 60-day price range, representing the variation in maximum and minimum price ticks in percentage terms. A … Read more
Bitwise has officially submitted a registration filing for a dogecoin exchange-traded fund (ETF) as memecoin demand grows within the market. A “Bitwise Dogecoin ETF” was submitted late Wednesday and appeared on the Department of State’s Division of Corporations in the U.S. state of Delaware. Such filings may often be a spoof, but Bitwise confirmed the … Read more
An earlier leak on the website of Chicago Mercantile Exchange (CME) showing regulated XRP (XRP) and Solana (SOL) futures could start trading on Feb. 10 pending regulatory approval was an “error,” a representative of the company told CoinDesk. “A beta page from our website was released in error earlier today,” the spokesperson said. “Many mock-ups … Read more
U.S. Commodity Futures Trading Commission Chairman Caroline Pham, the Republican commissioner who just took over the agency as President Donald Trump returned to the White House, ushered out many of the agency’s top officials under predecessor Rostin Behnam, the Democrat who’d been appointed by Joe Biden. The staff changes — with each departure replaced by … Read more
Dear CoinDesk Community, Starting today, some readers will be asked to register for a free account to continue accessing our content. This change is part of a pilot program to help us better understand the needs of our audience and ensure that we are delivering content that is relevant and tailored to your interests. Registration … Read more
The release of Ross Ulbricht and the lifting of sanctions on Tornado Cash mark pivotal moments for the crypto community. It’s more than symbolic. It’s an opportunity to clearly rebrand the U.S. as a safe place to build the internet of money. Ross’ freedom comes after over a decade of imprisonment — a journey defined … Read more
Payments-focused cryptocurrency XRP and world’s most-used blockchain Solana (SOL) prices spiked on Wednesday afternoon, after report that the Chicago Mercantile Exchange (CME) is adding futures contracts of both. According to a post on X, CME have posted the futures page for XRP and SOL in their “staging subdomain.” A screenshot of the website shows that … Read more
Grant Cardone is the founder and CEO of Cardone Capital, a firm that manages about $5 billion in real estate. And he just introduced a new fund that invests property-generated cash flow into bitcoin (BTC). “Nobody else has ever done this to scale. Nobody’s ever done this particular model,” Cardone told CoinDesk in an interview. … Read more