Binance co-founder CZ said he was somewhat surprised at receiving a pardon from United States President Donald Trump and denied having a business relationship with the Trump family during an interview on Friday. CZ told Fox News that he never physically met or spoke with Trump before or after receiving a presidential pardon in October, … Read more
Market Overview Stellar (XLM) posted modest declines in a volatile 24-hour session ending Nov. 7 at 14:00. Prices dropped from $0.2705 to $0.2702 while trading within a tight $0.0109 range. The session’s critical development emerged at 12:00 UTC when 45 million tokens changed hands. This volume surge exceeded the 24 hour moving average of 25.4 … Read more
HBAR trades in volatile range-bound action during the 24-hour period ending Nov. 7, dropping from $0.1672 to $0.1634 for a 2.3% decline. The most significant market activity occurred at 17:00 UTC on Friday, when volume surged to 108.8 million tokens—46% above the 24 hour simple moving average of 74.6 million. HBAR’s lackluster price action on … Read more
The nation-state model is eroding and losing relevance, according to Jarrad Hope, author of “Farewell to Westphalia: Crypto Sovereignty and Post-Nation-State Governance” and co-founder of Logos, a project developing blockchain tools and decentralized digital infrastructure for network states, sovereign communities that exist in cyberspace. “Modern nation-states are nearly 380 years old, predating even the scientific … Read more
Markets are always hunting for the next big trade. In 2026, I believe the trade will be a new wrinkle on the traditional basis trades where investors go long Digital Asset Treasury companies (DATs), and short futures. While sophisticated market participants have driven positive returns with the long ETF, short futures strategy for bitcoin and … Read more
WASHINGTON, D.C. — Donald Trump was elected president again one year ago this week, though some of the crypto industry’s lobbyists quietly say they feel like they’ve aged many years in this tumultuous 12 months, which saw a range of lofty highs and deep frustrations in the young sector’s hunt for U.S. policies. President Trump … Read more
Key takeaways: Ethereum ETF outflows and cautious traders show limited confidence in ETH price going higher for now. Low derivatives premiums suggest a muted outlook for Ether’s price. Ether (ETH) fell 11% over the past week, even after reaching the $3,400 mark on Saturday. The drop came alongside a 4% correction in the Nasdaq index, … Read more
ICP$9.5787 continued its strong momentum Thursday, climbing 7.88% to $7.77 and marking another day of pronounced outperformance against the broader crypto market. The token extended its breakout rally that began earlier in the week, moving firmly above prior resistance levels while confirming a sustained uptrend. Trading activity remained robust, with 20.11 million ICP tokens exchanged … Read more
Key takeaways: Older Bitcoin whales are selling heavily, spending over 1,000 BTC/hour in 2025. Bitcoin’s bear pennant pattern projects a potential drop to $89,600. Bitcoin (BTC) was at risk of further losses as the oldest whales continued to spend their BTC stash. Capriole Investments co-founder Charles Edwards said that “super whales are cashing out of … Read more
This week saw the Second Circuit Court of Appeals hear arguments in Sam Bankman-Fried’s appeal of his criminal conviction. The three-judge panel appeared very skeptical of his attorney’s arguments. 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 … Read more