CoinDesk 20 performance update: Uniswap (UNI) gains 12.9% while index trades lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Crypto
State Street targets stablecoin reserve boom with new money market fund
Wall Street's largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars as digital dollars become a larger part of the financial …
BlackRock's new bitcoin income fund offers cash flow alongside BTC exposure
Opening for trade on Tuesday, BlackRock's newest bitcoin exchange-traded fund —the Bitcoin Premium Income Fund (BITA) — is less about market timing and more about meeting a growing range of investor needs as the asset c…
Bitcoin buyers add over 250,000 BTC between $59,000 and $67,000 as accumulation returns
Investors have bought a net 259,298 BTC since June 5, paying between $59,000 and $67,000, according to Glassnode UTXO Realized Price Distribution data. Glassnode's Accumulation Trend Score by Wallet Cohort, which measur…
Coinbase to join tokenized stock race with onchain shares, dividend payments
Coinbase (COIN) said it plans to introduce tokenized stocks backed one-for-one by underlying U.S. equities, joining the growing competition among crypto firms and traditional financial companies to bring stocks onto blo…
Binance says its European regulatory application is compliant despite report of Greek rejection
Binance, the world’s largest cryptocurrency exchange, may be unable to serve customers in Europe if its regulatory license application in Greece is turned down, as Reuters reported on Tuesday.
BlackRock's new bitcoin ETF lets institutions earn from volatility. There's a catch.
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Mystery Polymarket trader turned $4 million into $9 million after Spain's shocking World Cup draw
FIFA World Cup debutants Cabo Verde held favourites Spain to a goalless draw on Monday, creating an outsized win for punters in a match that started with 1:10 betting odds against the minnows.
Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high
The decision hit the wires around 3:19 UTC on June 16. The BOJ lifted its policy rate by 25 basis points to 1% from 0.75%, the highest level since 1995. The move aligned with market expectations but included hawkish hin…
Profit-taking across bitcoin, ether, solana as traders wait on the Iran signing
The token changed hands at $65,845 on Tuesday, up 0.3% over 24 hours and 4.8% on the week, per CoinDesk data. It touched a 24-hour high of $67,217 before fading. Ether held up better, rising 2.8% on the day to $1,764 an…
Tether Gold now has a dedicated options market on Bybit
Bybit, one of the world’s top cryptocurrency exchanges by trading volume, has launched options trading on Tether Gold (XAUT), a token that provides you ownership of real physical gold.
Live markets: Bitcoin ETFs bled cash Monday while every other crypto ETF gained
US spot bitcoin ETFs lost a net $64 million on Monday, even as spot ETFs for ether, XRP, Solana and Hyperliquid all pulled in fresh cash. On the surface, that looks like a clean rotation out of bitcoin and into everythi…
XRP gives back gains after 10% rally as traders take profit near $1.25
XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers couldn't keep control of the move.
Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project
A key player on the fast-growing derivatives exchange Hyperliquid's private-company trading is shutting down, pointing to consolidation in one of the industry's hottest new markets.
If America wants to lead in crypto, it must protect the people who build it
The crypto industry’s leading founders, CEOs and investors recently signed a single letter to Senate leaders with one request: do not weaken the Clarity Act's protections for software developers. These are competitors, …
Michael Saylor's Strategy acquires another 1,587 bitcoin for $100 million
Strategy (MSTR) last week acquired 1,587 bitcoin for approximately $100 million, increasing its total holdings to 846,842 BTC, according to a Monday morning filing.
‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish
Standard Chartered's head of digital assets research Geoffrey Kendrick says bitcoin
XRP rockets 8% above $1.20 in first major breakout since June selloff
XRP spent the past two weeks trying to stop going down. Now it's trying to go higher.
Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
U.S.-Iran deal lifts equities, sends oil lower, while crypto stays wary
The U.S.-Iran peace deal reached over the weekend provided the stimulus many markets had been waiting for.
Kraken debuts U.S. perpetual futures as crypto derivatives move onshore
Kraken began offering regulated perpetual futures to U.S. customers, marking a significant step in bringing one of crypto's most popular trading products into the country after years of activity concentrated on offshore…
Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its purchase streak after raising fresh capital through a preferred stock sale.
Ark Invest bought more than $500 million worth of SpaceX shares on IPO day
ARK Invest bought nearly 3.3 million shares of SpaceX (SPCX) as Elon Musk's company went public in the largest IPO ever on Friday, building a stake worth more than $500 million by the end of the day.
Middle East ceasfire, Fed interest-rate decision: Crypto Week Ahead
Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.