Bitcoin holds near $64,000 as US-Iran talks progress but crypto sits out the rally
Bitcoin started the week drifting near $64,000, sitting out a rally in Asian equities as the US and Iran moved closer to a lasting peace deal.
Crypto
Are perps swaps? A quick look at that CME suit: State of Crypto
CME Group filed a lawsuit against the Commodity Futures Trading Commission alleging it should not have approved Kalshi's perpetual futures contracts the way it did and asking a court to vacate the approval and self-cert…
Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit
Jaredfromsubway.eth, one of Ethereum’s most infamous MEV bots, has been drained for more than $7.5 million after an attacker turned the bot’s own automated trading logic against it.
Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks
Bitcoin steadied near $64,000 over the weekend, clawing back part of Friday's drop, as traders weighed the start of US-Iran ceasefire talks against a renewed threat to close the Strait of Hormuz.
AI is making crypto security cheaper, faster and harder to ignore
The release of Mythos, an AI system designed to autonomously discover vulnerabilities in code, may do more than help blockchain developers find bugs.
How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown
STRC, the dividend-paying preferred equity issued by bitcoin treasury company Strategy (MSTR), is designed to hold a price of $100, its par value. It doesn't always work that way.
Schwab to join prediction markets race with S&P 500 event-based options: WSJ
Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that would allow customers to make yes-or-no wagers on the performance of the S&P 500, marking the brokerage's first move into …
GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin
Where GoMining says it differs from incumbents is that the entire transaction is completed in bitcoin. Many competitors, including Square, allow customers to pay in bitcoin while delivering fiat currency to the retailer…
Franklin Templeton proposes new ETFs that turn corporate dividends into bitcoin
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Smart-contract and DeFi coins lead losses as bitcoin wilts for 4th straight day
The largest cryptocurrencies remained under pressure for a fourth straight day, with bitcoin falling 2.5% in 24 hours to just below $62,400.
Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
The digital credit market suffered one of its sharpest selloffs to date on Thursday, with Strive Asset Management CEO Matt Cole describing the move as a leverage-driven liquidation rather than a sign of weakening credit…
Microsoft found malware that hijacks crypto wallets and spreads through USB sticks
Malware that spreads via USB sticks has been infecting Windows personal computers and targeting crypto wallets since February, Microsoft said in a blog post.
XRP falls 3% after losing $1.15 support as breakout attempt fades
XRP gave back more of last week's rally on Wednesday after sellers pushed the token through $1.15 support, a level traders had been watching since the recent move above $1.20.
Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners
Bitcoin has spent five straight months trading below what it costs to produce, squeezing miners and forcing some to sell, JPMorgan said in a note. The bank pegs the cost to mine one bitcoin at about $78,000, well above …
Bitcoin traders load up on bearish bets all the way down to $52,000
In the past 24 to 48 hours, crypto exchange Deribit saw heavy buying of short- and near-dated put options, spanning expirations from June 22 to July 31, according to data tracked by Laevitas. Notable flows included:
Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
Bitcoin fell below $63,000 on Friday as risk assets sold off worldwide, erasing the gains it made earlier in the week on the back of the US-Iran peace deal.
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading…
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
The U.S. Federal Reserve, Treasury Department and other financial regulators are pushing a new stablecoin rule that treats issuers like other regulated financial firms when it comes to identifying their users, releasing…
Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns
The Ethereum Foundation's (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a post shared on X on Thursday.
Crypto for Advisors: Trading the bitcoin cycle
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
Algorand unveils roadmap to achieve quantum resistance by 2028
The Algorand Foundation unveiled a roadmap to make its blockchain quantum-resistant by the end of next year, becoming the latest crypto network to outline plans for a future in which quantum computers could threaten the…
CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Alchemy's AI-driven identity and payment service gains access to Visa network
Blockchain infrastructure firm Alchemy said AI agents with its AgentCard now have access to the Visa (V) network with complete identity and payment capabilities, enabling them to make online purchases on behalf of consu…
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal
HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year GPU cloud contract with Bell Canada and AI firm Cohere, as the company continue…