UK Releases Draft Crypto Rules Targeting Exchanges and Stablecoins
Categories
Crypto News

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a […]

Read more
Bitcoin Price (BTC) Retakes $95K Level After Early U.S. Decline
Categories
Crypto News

Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in. The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, […]

Read more
Building an Open and Trusted Internet
Categories
Crypto News

Did AI write the sentence that you’re reading right now? Did AI create the photograph you just saw online? Was the shocking, controversial story that tipped an election actually real, or AI-fueled misinformation? These are questions Clara Tsao has wrestled with for years, ranging from protecting national security (where she was the CTO of a […]

Read more
GameFi Tokens Show Signs of Life After Gala Games, White House Tie-Up
Categories
Crypto News

Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket over the last 12-month period, enduring a 62% drop in the period, compared to a 174% rise on PayFi tokens. However, under the Trump administration’s crypto-friendly stance, it might […]

Read more
Tariff Carnage Starting to Fulfill BTC’s ‘Store of Value’ Promise
Categories
Crypto News

April has been a month of extreme volatility and tumultuous times for traders. From conflicting headlines about President Donald Trump’s tariffs against other nations to total confusion about which assets to seek shelter in, it has been one for the record books. Amid all the confusion, when traditional “haven assets” failed to act as safe […]

Read more
Trump Memecoin’s 85% Weekly Surge Defies Democrats’ Call for Impeachment, Massive Unlocks
Categories
Crypto News

TRUMP, the memecoin tied to U.S. President Donald Trump, is up about 16% in the last 24 hours, even as Democratic lawmakers cite the president’s involvement with the token as potential grounds for impeachment and after a massive unlock earlier in the month. At a town hall on Friday, Sen. Jon Ossoff (D-Ga.) pointed to […]

Read more
Swiss National Bank Rejects Calls to Add Bitcoin to Reserves
Categories
Crypto News

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their […]

Read more
BTC Price Poised for Strongest Weekly Price Gain Since Trump Win Amid $2.7B ETF Inflow
Categories
Crypto News

Bitcoin (BTC) continued its spring rally on Friday and is on track for its strongest weekly showing since Trump’s election victory. The largest and oldest cryptocurrency held around $95,000 during U.S. afternoon hours, up 1.8% over the past 24 hours. Ethereum’s ether (ETH) followed closely, gaining 2% to hover just over $1,800. Sui’s native (SUI), […]

Read more
Nasdaq Tells U.S. SEC Precise Crypto Labeling Will Be Everything in Future Regulation
Categories
Crypto News

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission’s crypto task force. “While […]

Read more
Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
Categories
Crypto News

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity. Now, all three agencies — including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — have joined […]

Read more
MoonPay Co-Founder Maximilian Crown Joins TON Foundation as CEO
Categories
Crypto News

TON Foundation, the entity behind the Telegram-linked TON blockchain, has appointed Maximilian Crown, co-founder of MoonPay, as its CEO. Crown was the CFO and COO at the crypto infrastructure provider and has relationships with banks, payments companies, and regulatory bodies. He will remain on the board at MoonPay. The move comes one month after the […]

Read more
DeFi Development (JNVR) Raises Solana Holdings to $48M With Discounted Token Purchase Via BitGo
Categories
Crypto News

DeFi Development Corp (JNVR), formerly known as Janover, added another $9.9 million in Solana’s SOL to its corporate treasury, pushing total crypto holdings to 317,273 SOL or about $48 million, the company said on Wednesday. The purchase, made through BitGo’s over-the-counter desk, includes a tranche of locked SOL. These are tokens typically tied to vesting […]

Read more