The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing select digital assets — bitcoin BTC$90,938.56, ether ETH$3,134.24 and USD Coin (USDC) or other payment stablecoins — to be used as collateral in U.S. derivatives markets. The program, announced by Acting Chairman Caroline Pham, is part of a broader push to give […]
The Federal Reserve meets this week to set U.S. interest rates. The Federal Open Markets Committee (FOMC) is likely to reduce the target rate by 25 basis points to 3.50% to 3.75% when it announces its decision on Dec. 10, according to the CME’s Fedwatch tool. Lower rates often tend to encourage investing in riskier, […]
Major French banking group BPCE is set to start offering crypto trading services to retail customers through its Banque Populaire and Caisse d’Épargne apps starting Monday. Customers of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, will be able to buy and sell bitcoin BTC$89,682.35, ether ETH$3,034.52, solana SOL$132.42, and USDC […]
Amid an intensifying international focus on stablecoins, the International Monetary Fund (IMF) has released a 56-page report detailing what it sees as the key risks surrounding their adoption. The report draws parallels from the claims many other central banks and international financial organizations make regarding the threat stablecoins represent to governmental monetary control, to ultimately […]
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 […]
Latin American cryptocurrency exchange Ripio has revealed it holds a crypto treasury valued at over $100 million, making it the second-largest publicly known such firm in Latin America behind OranjeBTC. The company’s CEO Sebastian Serrano confirmed the figure in an interview with CoinDesk during DevConnect 2025 in Buenos Aires, noting that it began acquiring bitcoin […]
Chainlink’s LINK token surged 4.17% on Tuesday, climbing to just shy of $14 and breaking through multiple resistance levels as institutional demand for oracle infrastructure assets picked up. The move marked a rare show of strength after recent headwinds, with LINK outperforming the advances of bitcoin BTC$93,375.87 and broader market benchmark CoinDesk 5 Index. Trading […]
On Nov. 14, Kevin McCordic of Monad and investor Nic Carter offered opposing reads on crypto’s 2025 slump, splitting over whether it’s routine consolidation or a catalyst-light grind. McCordic, director of growth at Monad Foundation who goes by “intern” on X, argued that today’s jitters are modest compared with 2022, when credit lenders failed, exchanges […]
The U.S. Department of Justice rounded up several convictions in its pursuit of domestic helpers in schemes by the Democratic People’s Republic of Korea to pocket large amounts of cryptocurrency, and it also seized assets from cyber heists targeting crypto platforms, the department said in a Friday statement. The five guilty pleas announced by the […]
Aave AAVE$213.08, the governance token of the decentralized lender, posted sharp declines through Thursday, dropping 8% to $208. Since Monday’s $248 high, the token shed over 16%. The DeFi bluechip token carved out consecutive lower highs and lower lows, establishing clear bearish momentum while peers advanced, CoinDesk Research’s market insight tool showed. Trading activity surged […]
Chainlink’s native token LINK LINK$18.43 recovered to $18.40 during the Wednesday session, reversing losses from a sharp intraday selloff that saw the price fall below the key $18 support level. A sudden volume spike of 4.59 million tokens — 178% above the 24-hour average — confirmed the breakdown as sellers overpowered short-term support levels. The […]
President Donald Trump has named his new choice to lead the U.S. Commodity Futures Trading Commission, formally backing Securities and Exchange Commission lawyer Mike Selig after jettisoning his one-time pick of former CFTC Commissioner Brian Quintenz. The near-term leadership of the Commodity Futures Trading Commission could be a weighty matter for the crypto industry as […]