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Markets

Arthur Hayes Foresees 30% Bitcoin Crash Amid 'Vicious Washout.' Here's Why

Markets may relive last year's U.S. banking crisis as a crucial funding program is set to expire, Hayes said.

Arthur Hayes (CoinDesk)

Markets

Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania

SOL is trading at a 20-month high on the back of a bustling DeFi ecosystem and meme coin mania.

SOL/USD (CoinDesk data)

Policy

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Bank of Korea

Videos

Why Robinhood Is Expanding Its Crypto Service to Europe

Popular U.S.-based brokerage platform Robinhood (HOOD) announced last week that it started letting customers in the European Union (EU) trade crypto, hailing the region's comprehensive digital asset rules. Robinhood Crypto General Manager Johann Kerbrat joins "First Mover" to discuss the rollout, along with the state of crypto regulation in Europe compared to the U.S.

CoinDesk placeholder image

Policy

Binance P2P Trading Platform Halts Ruble Support Following Russia Exit

Customers are free to withdraw or transfer funds and continue trading via Binance Russia's new owner CommEX, the company said Monday.

Two large stacked blocks displaying Binance's logo at a trade show.

Policy

Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says

The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.

(Timo Volz/Unsplah)

Finance

Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic

A data scientist for the Dutch National Bank, Alex De Vries, claims every bitcoin transaction uses enough water to fill a swimming pool.

Swimming pool water (Aquilatin/Pixabay)

Markets

A Suspicious 'Munger' Coin Soars Then Crashes After Billionaire Charlie Munger's Death

The former vice chairman of Berkshire Hathaway and Warren Buffett's right-hand man was no fan of cryptocurrencies.

The late Charlie Munger (Getty)

Policy

Bitcoin Group Addressing 'Serious Deficits' in Money Laundering Measures Flagged by German Regulator

The group reportedly said Wednesday that it has "no indications of violations of money laundering and terrorist financing laws."

(Unsplash)

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