Galaxy Digital’s head of firmwide research, Alex Thorn, says 2026 may be one of the most difficult years to forecast for bitcoin, even as the firm maintains a bullish long-term outlook. In a Dec. 21 post on X, Thorn said the coming year is “too chaotic to predict,” pointing to a mix of macro uncertainty, […]
Uniswap’s UNI token rallied about 19% over the past 24 hours as on-chain voting began on a major governance proposal that would activate protocol fees and introduce a long-discussed UNI burn mechanism. UNI began climbing shortly after the voting period opened at 03:50 UTC on Dec. 20, according to Uniswap governance data. A one-day UNI-USD […]
A debate on X over whether Fundstrat analysts are sending mixed signals on bitcoin intensified over the weekend, prompting a response from the firm’s co-founder that appeared to endorse a more nuanced explanation of the differing views. The discussion began after an X user known as “Heisenberg” (@Mr_Derivatives) shared screenshots that he said showed contrasting […]
Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday. As former CEO Sam Bankman-Fried continues his federal prison sentence on his […]
U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday. The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing […]
The bankruptcy court-appointed administrator of the Terraform Labs collapse is suing Jump Trading, accusing the high-speed trading company of illegally profiting from and contributing to the $40 billion crash, according to the Wall Street Journal. Todd Snyder, tasked with winding down what remains of the crypto empire, is seeking $4 billion in damages from the […]
Crypto losses accelerated Thursday afternoon as bitcoin BTC$85,463.11 broke below the key $85,000 support level, dipping to $84,500 — its weakest price in nearly three weeks — before rebounding slightly. The move erased BTC’s morning rally to $89,500 and dragged the broader crypto market lower. Ether ETH$2,827.25 fell under $2,800, down 1.1% in the past […]
U.S. spot bitcoin exchange-traded funds (ETFs) posted their largest one-day inflows since Nov. 11 on Wednesday, coinciding with a volatile crypto market during which bitcoin BTC$87,214.89 rallied to nearly $90,000 before reversing and falling below $86,000. In total, the funds recorded net inflows of $457.3 million, most of which — $391.5 million — went into […]
With an any-minute-now confirmation of Mike Selig to take over the U.S. Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her longstanding plan to jump to crypto firm MoonPay. As CoinDesk reported last month, Pham was said to be planning to take on the role of chief legal officer and chief […]
The crypto market slipped overnight, with bitcoin BTC$86,824.14 dropping 1.5% from the high it hit in the early hours of Wednesday. The broader market followed suit. The CoinDesk 20 (CD20) fell 1.6% since midnight UTC with all members of the index declining. Bitcoin’s sell-off after failing to break above $94,700 last week has extended a […]
Crypto wallet provider Exodus (EXOD) is entering the stablecoin market with the launch of a fully reserved, USD-backed stablecoin in partnership with fintech firm MoonPay. MoonPay will issue and manage the stablecoin, with support from stablecoin infrastructure provider M0. The token is expected to go live in January 2026, with network and product details to […]
Kindly MD (NAKA), a health-care and bitcoin treasury company company, faces being delisted from the Nasdaq exchange after its share price failed to meet minimum listing requirements. The stock has closed below $1 for 30 consecutive trading days, and the company has until June 8 to lift it above that level for 10 straight days […]