Latest Crypto News

Markets

CleanSpark Set to Become Second Bitcoin Miner in S&P SmallCap 600 Index

The company, which focuses on energy-efficient mining operations, has been expanding its operations over the past year including through an acquisition.

CleanSpark CEO Zach Bradford (CoinDesk archives)

Markets

Bitcoin and Nasdaq Could Stabilize as Bull Positioning in Yen Appears Stretched

Stretched positioning and Japanese institutional activity could cap gains in the yen, paving the way for a bounce in Nasdaq and bitcoin.

BTC, Nasdaq may stabilize as JPY bull positioning looks overstretched. (geralt/Pixabay)

Policy

Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities

The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as enforcement requirements

Bill Hagerty, a sponsor of the bill (Kevin Dietsch/Getty Images)

Markets

Dormant Ether Whale Moves $13M in ETH to Kraken

Large movement of coins to exchanges often breeds price volatility.

ETH ICO whale becomes active. (Pexels/Pixabay)

Opinion

Recent SEC Guidance On Memecoins Suggests Broader Policy Change

The guidance may foreshadow a reappraisal of the Howey Test, which the SEC has recently used in its attempts to regulate cryptocurrencies through litigation, say Jason Mendro, Matt Gregory and Nick Harper, attorneys at Gibson Dunn.

(AaronP/Bauer-Griffin/GC Images)

Markets

Ether's Freefall Below $1.9K Roils DeFi, Jeopardizes Crypto Loan Backed by $130M in ETH

Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact the token's price.

Storm clouds gather. (Shutterstock)

Policy

El Salvador Signs Crypto Regulation Agreement With Paraguay

El Salvador had previously entered an agreement with Argentina.

Juan Carlos Reyes of the National Commission of Digital Assets in El Salvador (CNAD)

Policy

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

The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.

Acting SEC Chair Mark Uyeda (Nikhilesh De/CoinDesk)

Markets

Bitcoin Short-Term Futures Slip Into Discount on Deribit in Sign of Weak Demand

Futures expiring on Friday have slipped into a discount, reflecting demand weakness.

FastNews (CoinDesk)

Markets

No Bottom in Sight as Bitcoin Funding Rate Swings

Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.

BTC: Futures Perpetual Funding Rate (Glassnode)

Markets

Coinbase to Launch 24/7 Bitcoin and Ethereum Futures Trading in the U.S.

The exchange is also working on launching perpetual-style futures in the U.S. with long-dated expirations.

Coinbase app opening screen on mobile phone (appshunter.io/Unsplash)

Markets

Crypto Funds Bleed $4.75B as Market Drop Erases Post-Election Gains

Despite the decline in assets under management, cryptocurrency prices remain above pre-election levels.

stock-prices-shutterstock_160811282

Markets

Bitcoin Crumbles Below $80K as Crypto Sell-Off Goes From Bad to Worse

The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.

Bear (mana5280/Unsplash)

Tech

Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch

The mainnet launches with over $233 million worth of BTC, ETH and native asset MOVE in liquidity raised through Movement's Cornucopia program

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)

Policy

Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies

The new law will go into effect on April 1, 2025.

Cayman Islands (Creative Commons)

Markets

U.S. Strategic Bitcoin Reserve, Crypto Stockpile a 'Pivotal Moment' for Industry: KBW

Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.

(Getty Images)