Hashed Research CEO Appointed Chief Policy Officer at Presidential Office
Categories
Crypto News

Korea’s new President, Lee Jae-myung, has appointed the CEO of Hashed Research, Kim Yong-beom, to be the Chief Policy Officer of Korea’s Presidential Office. A very sad day at @hashed_official. The new president just stole the CEO of our proud think tank, Hashed Open Research. He’s now Chief Presidential Secretary for Policy —a minister-level position, […]

Jobs Growth Slowed Further in May, but UE Rate Held Steady
Categories
Crypto News

U.S. labor market growth continued to modestly slow in May, but not enough to force a rise in the unemployment rate. Nonfarm payrolls grew 139,000 last month, according to the a report Friday from the Bureau of Labor Statistics. Economist forecasts called for gains of 130,000 and April’s job growth was 147,000 (revised from an […]

Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says
Categories
Crypto News

WASHINGTON, D.C. — As many as 16 Democrats may vote in favor of the Senate’s stablecoin bill when it gets to its final set of votes in the legislative body, Arizona Senator Ruben Gallego said Thursday. The “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” (GENIUS) Act faced headwinds last month after Gallego […]

ATOM Rebounds From 5% Drop as Buyers Defend Key Support Level
Categories
Crypto News

CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data […]

Suspect in French Crypto Kidnappings Arrested in Morocco
Categories
Crypto News

A suspect allegedly behind recent high-profile crypto kidnappings in France has been arrested in Morocco, according to Maghreb Arab Press, a government-run press agency. At the request of French authorities, a joint operation of Morocco’s National Judicial Police Brigade (BNPJ) and the General Directorate of Territorial Surveillance (DGST) took the 24-year-old French-Moroccan suspect into custody, […]

BTC Price Volatility Near 2-Year Low Is IBIT’s Gain, Strategy’s Pain
Categories
Crypto News

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, […]

Dems Say They’re Blocked From Info on Verge of Crypto Market Structure Bill Hearings
Categories
Crypto News

On the eve of a U.S. House of Representatives hearing to scrutinize a bill to establish rules for the crypto markets, Democrats said they’ve been stymied from seeking technical information about its effects from the U.S. Securities and Exchange Commission, according to staffers. Regulatory agencies such as the SEC routinely give technical analysis to lawmakers, […]

XRP Ledger Payments Count Crashes to Lowest Since October as XRP Fails to Keep With Bitcoin (BTC)
Categories
Crypto News

Activity on the XRP Ledger, a decentralized public blockchain designed for quick, cost-effective real-time transfer of XRP, fiat currencies and other digital assets, has slowed considerably since the first quarter. The number of payment transactions, representing the transfer of value from one account to another, dropped to 320,747 at press time, the lowest since October […]

Crypto Lobbyists Urge U.S. Senators to Dodge Distraction in Stablecoin Debate
Categories
Crypto News

The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first […]

Crypto Daybook Americas: Tariffs to Dominate Narrative as BTC ETF Volumes Surge
Categories
Crypto News

By Omkar Godbole (All times ET unless indicated otherwise) The recent TACO tease, implying “Trump Always Chickens Out” on tariffs, likely didn't go down well with the President, who raised the stakes in the ongoing trade war on Friday, leading to broad-based risk aversion, which persists as of writing. On Friday, Trump said that on […]

Crypto May Now Have Its Own ‘Inverse Cramer’ and Profits Are in Millions
Categories
Crypto News

Meet James Wynn, the pseudonymous trader on Hyperliquid who became famous for his $1 billion bitcoin short bet, could now be gaining a new kind of fame: as crypto’s own “Inverse Cramer.” For those unfamiliar with the Cramer lore: he’s the high-octane, loud-money mascot of CNBC’s Mad Money, a former hedge fund manager turned stock […]

ETH Crashes to $2,499 as Binance Inflows Raise Whale Exit Fears
Categories
Crypto News

Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty. On-chain data revealed sizable inflows to centralized […]