Trump Media and Technology Group (DJT) moved roughly 2,000 bitcoin BTC$87,663.84, worth about $174 million, through a series of wallets a day after it was reported to have increased its holdings to 11,542 BTC. The transfers routed the bitcoin across multiple addresses, with around $12 million ultimately reaching Coinbase Prime Custody, according to blockchain data…
APT slipped 1% to $1.56 over the last 24 hours, as wider crypto markets also retreated. The CoinDesk 20 index was 0.6% lower at publication time. The token traded between $1.62-$1.56 during the 24-hour period, establishing a $0.06 range representing 3.6% intraday volatility, according to CoinDesk Research’s technical analysis model. The model showed a battle…
Payments-focused cryptocurrency XRP$1.8692 is little changed in 24 hours, in line with the broader crypto market, even after the introduction of a new product that allows holders to earn extra money without selling their tokens. On Tuesday, Upshift, Clearstar and Flare unveiled earnXRP, a vault designed to make it easier for XRP holders to generate…
A press release published on Christmas Eve claimed that Circle, the issuer of the USDC stablecoin, had launched a new platform offering tokenized gold and silver trading. However, it is “fake,” a Circle spokesperson told CoinDesk. The platform, launched under the name CircleMetals, was promoted through a press release distributed on Dec. 24, a date…
Data center developer WhiteFiber’s (WYFI) first long-term colocation deal at its flagship NC-1 campus with Nscale Global supports management’s execution and its original deployment timeline, investment bank B. Riley said in a report Tuesday. “We believe WYFI’s reaffirmation of its original deployment timeline demonstrates its execution capability and the benefit of the company’s retrofit model,”…
The European Union’s newest tax transparency law for digital assets takes effect Jan. 1, marking a shift in how crypto activity faces scrutiny across the bloc. Known as DAC8, the directive extends the EU’s long-running framework for administrative cooperation on taxation to crypto assets and related service providers. The rules require crypto-asset service providers, including…
Filecoin FIL$1.2771 slipped 2% to $1.28 during Tuesday’s session, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to the crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates large order flows are driving the price moves rather than fundamentals for…
Network News AAVE COMMUNITY SPLIT: Aave’s community members and participants have become sharply divided in recent weeks over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the decentralized autonomous organization (DAO) and Aave Labs, the centralized developer firm that builds much of Aave’s technology. The debate has…
The crypto industry is closing out the year with a record $8.6 billion in mergers and acquisitions, according to the FT, up sharply from $2.17 billion the year prior. The deal surge comes amid a major policy shift in Washington, where the Trump administration has backed the sector with a string of regulatory developments that…
HashKey Capital, a subsidiary of HashKey Holdings, said it closed the first round of fundraising for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals. The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both…
