Bitcoin BTC$91,656.82 briefly slipped below its network value based on Metcalfe value modeling for the first time in nearly two years, according to network economist Timothy Peterson. This is typically a signal that often marks the late stages of market resets, he said. “While this does not necessarily signal a bottom, it does indicate that […]
AI agents are getting good enough at finding attack vectors in smart contracts that they can already be weaponized by bad actors, according to new research published by the Anthropic Fellows program. A study by the ML Alignment & Theory Scholars Program (MATS) and the Anthropic Fellows program tested frontier models against SCONE-bench, a dataset […]
An overnight crash in the price of bitcoin combined with a difficult to digest capital raise to send Strategy (MSTR) shares tumbling 12.5% to their weakest level in nearly 15 months in U.S. morning trading on Monday. And yet, despite no bounce in the price of bitcoin BTC$86,378.70 — which remained near session lows of about […]
Japan is preparing to overhaul how it taxes cryptocurrency gains, moving toward a flat 20% levy that would bring digital assets in line with equities and investment trusts, per Nikkei. The shift marks the country’s most significant policy update for the sector in years and reflects a growing view among regulators that crypto has matured […]
When Brazilian fintech firm Méliuz (CASH3) reviewed its balance sheet in late 2024, it found something startling: it was profitable, debt-free, and growing, yet the market had valued its business at zero. “If you excluded the cash on hand,” Diego Kolling, Head of Bitcoin Strategy at Méliuz, told CoinDesk at the Blockchain Conference Brasil 2025. […]
Denis Dariotis, the 22-year-old founder and CEO of cryptocurrency-focused trading software firm GoQuant, remembers the constraints and pressures of maximizing his trading portfolio while he was still in the third grade at school. “I remember telling my teachers I had to take 10 minutes out of class to check my portfolio when the market opened […]
BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. The figure is notable given that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management. Speaking at […]
TON, the native token of the Telegram-affiliated blockchain, surged 8.33% to $1.60 in the last 24 hours, driven by a mix of ecosystem milestones and growing support. The move propelled TON to break past the $1.60 mark, driven by rising volume and renewed market momentum, while outperforming the broader crypto market. Based on the performance […]
$80K Put Now Most Popular Bet
Categories
A week ago, CoinDesk highlighted a bearish shift in the BTC options market, with the $85,000 put overtaking the $140,000 call as the most popular bet on crypto exchange Deribit. Now, the $80,000 put has taken the lead, boasting an open interest of just over $2 billion, while the $85,000 put ranks second with $1.97 […]
The restarted Senate is moving forward with certain crypto initiatives, but how much time is left compared to how much work is left, really? 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 Now that Congress is back […]
Grayscale is positioning Chainlink as critical infrastructure for the growing market of tokenized assets, according to a new research report. The asset manager’s research arm argues that Chainlink’s suite of services, spanning real-world data feeds, compliance tooling, and blockchain interoperability, solves many of the real-world frictions that block wider adoption of blockchain-based finance. Chainlink is […]
Technical reversal signals emerge amid extreme oversold conditions following an aggressive institutional distribution wave. News Background • Whale wallets dumped nearly 200 million XRP (~$400M) over 48 hours, triggering acute supply pressure• Market-wide risk-off intensified as Bitcoin slipped below $90,000, pulling altcoins into deeper volatility• Bitwise’s new XRP ETF posted $25.7M first-day volume and $107.6M […]