The crypto industry’s campaign-finance arm, Fairshake, has begun rolling out its campaign strategies in its well-funded effort to pack Congress with lawmakers ready to pass friendly digital assets policy, and Democratic Representative Al Green is the first lawmaker on its hit list. An affiliate of the Fairshake political action committee, which has begun deploying its…
One way or another, the U.S. crypto industry is likely to receive official policy that defines which digital assets get what treatment from which federal agencies. The problem: It might not last. Securities and Exchange Commission Chairman Paul Atkins is focused on reversing the “head in the sand” approach he accuses his predecessors of having…
New York — Bitcoin BTC$65,998.73 isn’t just a hedge against inflation, according to ARK Invest CEO Cathie Wood, but against something more disruptive: deflation driven by technological acceleration. In a conversation with Anthony Pompliano at Bitcoin Investor Week in New York, Wood argued that traditional financial systems are unprepared for a coming “productivity shock” powered…
In today’s newsletter, Joshua De Vos, head of research at CoinDesk, summarizes their latest crypto ETF report covering U.S. adoption, the speed at which it’s happening and asset concentration. In Keep Reading, we link to the U.S. and Global ETF reports for those who want to do a deeper dive. – Sarah Morton Digital assets…
Hong Kong — Asia is outpacing Western markets in the adoption of onchain financial services, driven by a focus on user utility and proactive regulation. While the West remains focused on institutional asset management, Asian markets are prioritizing high-frequency retail applications and cross-border trade. During a panel discussion at Consensus Hong Kong, industry leaders highlighted…
Hong Kong — Bitcoin layer-2 builders made the case on Thursday that the next phase of crypto’s evolution won’t be about replacing bitcoin as “digital gold,” but making it productive. Speaking at Consensus Hong Kong 2026, leaders from Citrea, Rootstock Labs and investment firm BlockSpaceForce argued that Bitcoin’s scaling layers are less about raw throughput…
HONG KONG — CoinDesk wrapped up Consensus Hong Kong on Thursday with north of 11,000 attendees visiting booths and stages. While day 1 focused on institutional projects and professional investor audiences, the second day concentrated on developers. Representatives of the Bitcoin, Ethereum and Solana communities all spoke to the challenge of scaling their networks and…
Bitcoin BTC$68,070.08 is hovering near $67,800, up on the day, as crypto markets took in January’s stronger-than-expected U.S. jobs report without an initial selloff. The resilience is feeding a shift in sentiment, with the muted reaction possibly a signal of seller exhaustion and growing appetite for risk, despite a tough macro backdrop. The CoinDesk 20…
A DePin company that has 3.5 million users and is currently raising for a Series A won this year’s PitchFest at Consensus Hong Kong. Hong Kong-based zkME Technology won the $20,000 prize after a grueling two-day event where competitors positioned their solutions as key for various problems in the crypto sector. “If DeFi really wants…
Binance did not cause the crypto market liquidation event on Oct. 10, but every exchange — centralized or decentralized — saw massive liquidations that day after China imposed rare earth metal controls and the U.S. announced fresh tariffs, said Binance Co-CEO Richard Teng. About 75% of the liquidations took place around 9:00 p.m. ET, alongside…
