Thursday, 12 November 2026
Independent coverage of global markets, trade and finance
A U.S. judge sentenced Chinese businessman Miles Guo, the billionaire behind the fraudulent crypto venture Himalaya Coin, to 30 years in prison, long after a trial jury found the well-connected defendant was guilty of s…
MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to become broader financial platforms rather than sim…
Bitcoin and ether tested critical multiyear support levels, with ether at a price it has bounced from twice before and bitcoin near its lowest since late 2024.
New York Life Investment Management (NYLIM), the $807 billion asset management arm of major life insurer New York Life, is bringing its first investment strategy onto blockchain rails, joining a growing list of Wall Str…
Circle (CRCL) shares were lower by 8% in Tuesday morning trading after a consortium backed by some of the biggest names in payments, banking and crypto unveiled Open USD, a new stablecoin designed to challenge incumbent…
Nasdaq is expanding the distribution of its market data into blockchain infrastructure, making one of its flagship equity data products available through the Pyth Network as financial firms increasingly build trading an…
The U.K.'s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations.
The 52-week rolling correlation coefficient between Coinbase's BTC/USD pair and the USD/JPY pair from the currency markets now stands at -0.90, according to data source TradingView. That's the most negative reading sinc…
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The range itself is normal. Bitcoin spent much of 2024, from March to October, consolidating between $55,000 and $70,000 with occasional overshoots in both directions. What makes the current setup riskier is its locatio…
Crypto companies are looking more closely at the United Arab Emirates as the European Union’s Markets in Crypto-Assets regulation, or MiCA, approaches a July 1 deadline that will force firms without authorization to sto…
U.S. spot bitcoin ETFs lost a net $231 million on Monday, with BlackRock's IBIT accounting for $300 million of outflows that other funds partly offset, including $50 million into ARKB and $35 million into GBTC, per SoSo…
XRP is no longer getting hit by the same crowded leverage that drove the selloff from its highs, but buyers still have not done enough to change the chart.
Bitcoin traded around $59,514, down 0.3% over 24 hours and 7% on the week, per CoinDesk data, holding below its 200-week moving average, the average price over roughly the past four years and a long-term line it has sat…
USDT, the world's largest dollar-pegged stablecoin, is trading well above face value on Indian crypto platforms. While local reports attribute the premium to a recent enforcement action, exchanges explain it as a simple…
The leading cryptocurrency by market value traded below $60,000, holding below the pivotal 200-week simple moving average.
Securitize, a tokenization specialist backed by BlackRock, said Monday it cleared a final major hurdle to becoming a public company after shareholders of Cantor Equity Partners II (CEPT) approved the firms' proposed mer…
What was once dominated by lightly regulated crypto lenders is increasingly adopting the conventions of traditional finance, including conservative collateral management, greater transparency and more disciplined underw…
JPMorgan said it is backing efforts to establish a U.S. regulatory framework for digital assets, but placed as much emphasis on the risks of crypto as the opportunities.
The European Union's (EU) July 1 Markets in Crypto-Assets (MiCA) deadline could leave more than 10 million users looking for a new platform, Alex Fazel, chief partnership officer at Swissborg, told CoinDesk in an interv…
Ripple is pushing to add a lending layer to the XRP Ledger, the blockchain behind XRP, in a bid to let institutions borrow against assets they hold onchain rather than just issue and move them.
Tracking funds on a blockchain has typically required specialized tools, and the process can sometimes be opaque, but crypto analytics firm Chainalysis is taking a swing at solving that problem.
The White House has invited law enforcement organizations objecting to the language of the U.S. Senate's crypto market structure bill to sit down for a meeting on Monday, according to a person briefed on the plan, which…
J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational companies to move money between countries at any hour of the da…