ETH Crashes to $2,499 as Binance Inflows Raise Whale Exit Fears
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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 […]

Bitcoin Rebounds Above $104,300 as Tariff Chaos Triggers Nearly $1B in Liquidations
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Crypto News

Global economic tensions and trade policy uncertainties continue to influence cryptocurrency markets as Bitcoin recovers from a recent correction. Despite the pullback, institutional interest remains strong with firms like Strategy (formerly MicroStrategy) and GameStop adding BTC to their corporate treasuries. Technical Analysis Highlights The 24-hour period shows a clear bottoming pattern with strong volume support […]

AAVE Rebounds From 15% Drop as DeFi Yield Markets Gain Momentum
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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, […]

Trump’s Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee
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Crypto News

A senior Democrat in the House of Representatives, Jamie Raskin, joined his name to lawmakers seeking answers about President Donald Trump’s recent dinner for top investors in his memecoin, sending questions directly to Trump. Raskin, the ranking Democrat on the House Judiciary Committee, has been a vocal critic of the president and becomes the latest […]

BTC Price Slips as Tariff Ruling Reversal Rattles Markets
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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, […]

Suspects in Manhattan Crypto Kidnapping, Torture Case Plead Not Guilty as Investigation Widens
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Crypto News

Two men suspected in the kidnapping and torture of a 28-year-old Italian cryptocurrency investor have pleaded not guilty, while the investigation into their case appears to have expanded to the New York Police Department itself. New York police had previously arrested William Duplessie, 33, and John Woeltz, 37, on the charges, as well as a […]

Crypto Exchange Bybit Granted MiCA License in Austria
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Crypto News

Crypto exchange Bybit has been granted a license in Austria in compliance with Europe’s framework for dealing in digital assets, the Markets in Crypto Assets (MiCA) regime, according to the website of the local regulator FMA. Europe’s new MiCA rules came into force at the start of this year, prompting firms to select the most […]

BitVMX Protocol Allows Bitcoin Ordinals to Be Bridged to Cardano
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Crypto News

Cardano has continued to advance its credentials as a venue for Bitcoin Defi (BTCFi), facilitating a transfer of Ordinals to its mainnet. The on-chain transaction between Bitcoin and Cardano was facilitated by BitVMX, an interoperability protocol built using the BitVM programming language. The transaction was unveiled by Input | Output (IO), the creator of the […]

IMF Says ‘Efforts Will Continue’ to Ensure El Salvador Doesn’t Accumulate More BTC
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Crypto News

The International Monetary Fund (IMF) stated on Tuesday that “efforts will continue” to make sure that the total amount of bitcoin held by El Salvador’s government does not change. Back in March, El Salvador reached an agreement with the IMF to receive a $3.5 billion loan package. Some of the conditions of that deal concerned […]

The $300K Bitcoin Lottery Grows Even Bigger as BTC Traders Chase Upside – Time to Step Back?
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Crypto News

Earlier this month, CoinDesk highlighted the rising demand for the Deribit-listed $300,000 bitcoin call option, noting it as one of the most popular bullish plays for the all-important June quarter expiry. Now, this bet has become the most popular in the impending quarterly expiry, reinforcing its appeal as a “lottery ticket” for traders anticipating a […]

BTC Price Rally Stalls as Short-Term Holders Take $11B Profits
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Crypto News

After softly rising over the weekend, bitcoin slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at the […]