It says a lot about the ever-bullish outlook of Ark Invest CEO Cathie Wood that she predicted bitcoin to reach $1.2 million by 2030, and it was, in fact, a downgrade. Cathie Wood made her forecast for BTC’s price in November 2025, slightly revising the target down from $1.5 million based on the explosive rise…
Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$131.08, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to…
Risk assets are under pressure Thursday despite the Fed’s rate cut, with Oracle’s earnings miss piling on alongside the central bank’s hawkish guidance. Bitcoin BTC$90,193.08, the leading cryptocurrency by market value, is trading near $90,000, representing a 2.8% drop over 24 hours, according to CoinDesk data. Futures tied to Wall Street’s tech heavy index, Nasdaq,…
Gemini Space Station, Inc. (GEMI) said its affiliate Gemini Titan, LLC has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM), allowing the firm to offer regulated prediction markets to U.S. customers, according to a press release issued Wednesday. Per the release, Gemini first applied for…
Bitcoin BTC$90,326.39 slipped toward $90,000 on Thursday as crypto markets unwound much of Tuesday’s rebound, with broad risk appetite weakening despite the Federal Reserve delivering a widely expected rate cut and restarting Treasury purchases. Major tokens extended weekly losses, and more than $514 million in leveraged positions were wiped out over the past day as…
Institutional flows jumped more than 50% above trend on Wednesday as XRP failed again to break through the $2.09–$2.10 ceiling. Sellers slammed the token off resistance and forced a clean move back into the $2.00 psychological shelf, leaving the broader structure stuck in multi-week compression while ETF inflows quietly tighten supply underneath. What to Know…
Bitcoin BTC$90,327.54, the leading cryptocurrency by market value, is down following the overnight Fed rate cut. The reason likely lies in the Fed’s messaging, which has made traders less excited about future easing. The Fed on Wednesday cut the benchmark interest rate by 25 basis points to 3.25% as expected and announced it will begin…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin held its footing as Hong Kong began its business day, trading…
The team behind crypto payments app Valora is joining Stripe as the payments giant increasingly expands into blockchain tech and stablecoins, Valora founder Jackie Bona said in a Wednesday blog post. “We’ve seen firsthand how access to stablecoins and crypto rails can expand economic opportunity,” Bona said. “In the past few months, it became clear…
The Commodity Futures Trading Commission has announced the initial names as it stands up its CEO Innovation Council meant to delve into derivatives market-structure developments, especially around tokenization, crypto and blockchain technology. Prominent crypto-sector CEO names such as Gemini’s Tyler Winklevoss, Kraken’s Arjun Sethi and Polymarket’s Shayne Coplan will join chief executives from such mainstay…
