Heir to 135-year Gulf dynasty is moving a $6 trillion trade market onto blockchain rails
For more than 135 years, the Kanoo family, one of Bahrain's wealthiest families, has helped build the Gulf’s entire commercial infrastructure.
Crypto
A new Bittensor proposal would turn validators into something like fund managers
A new proposal for Bittensor, the decentralized AI network behind the TAO token, would change how the network pays its validators and turn them into something closer to fund managers.
Forget the price charts. Here's how bitcoin and S&P 500 look like when adjusted for the money printer
If you're only looking at the dollar price of your portfolio, you may be missing part of the picture, which is significantly shaped by money supply growth.
XRP gives back breakout gains, slipping below $1.23 on heavy selling
XRP's push above $1.25 lasted only a few hours. Sellers showed up near the highs and drove the token back through $1.23 on some of the session's heaviest volume, turning what looked like a breakout into a reminder that …
Crypto PAC's $12 million Senate candidate, Barry Moore, wins Alabama GOP primary
More than any other congressional race this year, the crypto sector's campaign-funding operations dumped massive cash into Barry Moore's Alabama Senate bid, with the leading political action committee alone spending mor…
Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed
Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation.
Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends
Hyperliquid's HYPE, Uniswap's UNI and Worldcoin's WLD all posted double-digit gains, extending rallies that have made them some of this week's standout performers.
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
State regulators got sidelined in the U.S. Department of the Treasury's effort to implement the new U.S. stablecoin law, according to several senators from both parties who insist that the states need to be given an exp…
Here is why Strategy's dividend-paying crypto stock is crashing to near-historic lows
Strategy's (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns.
Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck
Bitcoin miners that have spent the past two years reinventing themselves as AI infrastructure providers may be entering a more difficult phase of their transformation: proving they can actually deliver.
Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push
Coinbase (COIN) has unveiled a suite of products spanning stocks, derivatives, artificial intelligence and consumer finance as it continues its path toward becoming what the company calls an "everything exchange."
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa
Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, invested in African payments company Flutterwave as part of its Series E funding round, a deal centered on expanding the use of stablecoi…
Ethereum’s biggest protocol overhaul in years moves into its final development stage
Ethereum developers are entering the final stretch of work on Glamsterdam, the network's next major upgrade, as teams begin testing a version of the fork that includes the planned protocol changes.
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.
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.