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Latest Crypto News

CoinDesk Indices

Crypto for Advisors: It's Tax Time

The 2024 tax year has come to a close, and tax filing season is now upon us. If you’ve been trading crypto, here are some key things you need to consider.

Numbers on page

Finance

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

Plasma (Ramon Salinero/Unsplash)

Policy

South Korea to Start Lifting Ban on Corporations Trading Crypto

The country restricted institutions from trading crypto in 2017.

South Korea flag (Planet Volumes / Unsplash)

Markets

Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan

Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.

JPMorgan (Shutterstock)

Coindesk News

El Salvador Dispatch: Searching for Bitcoin City, the Modern El Dorado

President Nayib Bukele vowed to build Bitcoin City on the Conchagua volcano. CoinDesk went looking for signs of construction.

The Conchagua volcano facing the Gulf of Fonseca (Esaú Fuentes González, Unsplash)

Finance

Binance Founder CZ Fuels Potential BNB Chain Memecoin Craze

The former CEO of the globe's largest crypto exchange plans to post a picture of his dog on social media and suggested he could interact with some of the ensuing memecoins on BNB Chain.

Binance ex-CEO Changpeng "CZ" Zhao (CoinDesk archives)

Markets

OpenSea Confirms Upcoming Token Airdrop, Expands to Crypto Trading

The new platform OS2 will combine NFT and token trading and support multiple blockchains.

OpenSea logo on phone (Unsplash)

CoinDesk Indices

CoinDesk 20 Performance Update: NEAR Sinks 3.1% as Index Trades Lower From Wednesday

Avalanche (AVAX) was also an underperformer, dropping 2.6%.

CoinDesk 20 Performance Update: NEAR Sinks 3.1% as Index Trades Lower From Wednesday

Markets

U.S. January PPI Rose a Faster Than Expected 0.4%; Annual Pace Jumped to 3.5%

Under pressure this morning ahead of a coming Trump tariff announcement, the price of bitcoin didn't immediately react to the data.

(Getty Images)

Finance

Tokenization Platform Midas Expands Yield-Bearing Tokens With DeFi-Fund-Linked Offerings

The new Liquid Yield Tokens (LYT) offer a floating value based on DeFi funds, starting with Edge Capital, RE7 Capital, and MEV Capital.

Midas CEO Dennis Dinkelmeyer (Midas)

Finance

PancakeSwap's CAKE, BNB Lead Market as Bitcoin Range Tightens

The move comes as bitcoin has stuttered around $96,000.

(Mae Mu/Unsplash)

Markets

Booming Crypto Trading Powers Robinhood Earnings Beat, Analysts Raise Targets

Robinhoood shares jumped 13% in early trading Thursday after fourth-quarter earnings beat estimates.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)

Markets

U.S. Bitcoin ETFs See Third Straight Day of Outflows, Totaling $494M, as BTC Stalls

Bitcoin continues to trade in a range that it has set since mid-November.

Policy

Coinbase in Talks for Return to India 2 Years After Exit: Report

The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Markets

Bitcoin HODLer Metaplanet to Join MSCI Japan Index, Raises $26M to Buy More BTC

Metaplanet completes a 0% raise the terms are unsecured, unguaranteed ordinary bonds to purchase more bitcoin.

Mt. Fuji from Tokyo (Sakarin Sawasdinaka/Shutterstock)