21Shares to Liquidate Active Bitcoin and Ether Futures ETFs Amid Market Downturn
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Crypto News

Crypto asset manager 21Shares is set to liquidate two actively managed exchange-traded funds (ETFs) tied to bitcoin and ether futures amid a wider market downturn. The funds slated for liquidation are the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Investors can trade shares until […]

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New Canadian P.M. Carney Closes Gap on Polymarket with BTC-Friendly Poilievre
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Crypto News

Newly elected Canadian Prime Minister Mark Carney, who recently won a leadership contest of the Liberal Party to replace Justin Trudeau, has dramatically increased his odds of winning the next federal election in the eyes of Polymarket bettors. (Polymarket) Carney now has a 49% chance of winning the next Canadian election, compared to 26% a […]

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Deep Dive on the Trump Reserve Token Whose Blockchain Ignores TVL
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Crypto News

Trading volumes for Cardano’s ADA token have exploded of late with daily figures averaging around $720 million in February while exceeding an average of $1.4 billion in March. This rise was spurred by a social media post by U.S. President Donald Trump, who mentioned ADA as one of the tokens that would be included in […]

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Trump-backed World Liberty Financial (WLFI) Completes $590M Token Sale
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Crypto News

World Liberty Financial (WLFI), the Donald Trump-backed crypto project, has closed its token sale after raising approximately $590 million. (World Liberty Financial) The project’s raise of $590 million would put it in the top-10 list of token raises, according to data curated by ICODrops. To date, the largest token sale is EOS, which raised $4.21 […]

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BlackRock’s Tokenized Fund BUIDL Tops $1B with Ethena’s $200M Allocation
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Crypto News

Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the fund’s size above the threshold was a $200 million allocation this afternoon by crypto protocol Ethena, a Securitize spokesperson told CoinDesk. Ethereum blockchain data by Arkham Intelligence […]

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Ripple Bags UAE Crypto Payments as XRP Inches Higher
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Crypto News

Shaurya Malwa 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, […]

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Garantex Operator Aleksej Besciokov Arrested in India: Report
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Crypto News

One of the operators of sanctioned Russian cryptocurrency exchange Garantex was arrested in India on Tuesday, according to two recent news reports. Lithuanian national and Russian resident Aleksej Besciokov, 46, was reportedly arrested by police in the Indian state of Kerala, while vacationing on the country’s southern coast with his family, Techcrunch and KrebsonSecurity reported. […]

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Japanese Tech Giants Sony and LINE Join Forces in Blockchain Deal
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Crypto News

Sony’s blockchain division is bringing Japanese social media giant LINE into the web3 world, with plans to adapt several popular mini-apps onto Sony’s Soeneium network, the company announced Wednesday. LINE reports approximately 200 million active users across its platform, and the agreement will bring four LINE-based games, or “mini-apps,” to Soneium: Sleepagotchi, Farm Frens, Puffy […]

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Bahrain-Regulated Crypto Exchange Enters $1B Tokenized Gold Market
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Crypto News

ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), said on Tuesday it has completed its first tokenized real-world asset (RWA) issuance starting with gold-backed tokens. The tokens, available to accredited investors, each represent one kilogram of gold stored in custody, according to the press release. Investors can trade these digital […]

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Dormant Ether Whale Moves $13M in ETH to Kraken
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Crypto News

An ether (ETH) whale, who has held the token since its initial coin offering (ICO), made waves on Monday as it moved ETH worth millions to crypto exchange Kraken, according to blockchain sleuth Spot on Chain. The whale deposited 7,000 ETH, worth $13.8 million at press time, to Kraken as the token’s price plummeted along […]

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U.S. SEC’s Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms
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Crypto News

One of the U.S. Securities and Exchange Commission’s regulation proposals that was meant to grab segments of the crypto space under the agency’s jurisdiction had sought to expand what trading venues it believes need to register in a way that included digital assets businesses, and Acting Chairman Mark Uyeda is looking to reverse that effort. […]

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Lutnick Plays Down Recession Fears at Bitcoin Lingers in 80K Range
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Crypto News

Treasury Secretary Howard Lutnick insists the U.S. economy is on solid footing despite concerns from Wall Street that a recession is in the cards. “Absolutely not,” he said on a Sunday edition of Meet the Press when asked if Americans should prepare for a downturn. “There’s going to be no recession in America,” he continued. […]

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