Chainlink’s LINK token fell 4% on Wednesday after running into strong technical resistance amid broader crypto market weakness. The pullback came as Bitwise’s proposed Chainlink ETF was spotted on the DTCC registry under the ticker CLNK, signaling operational readiness for a potential launch. The development initially sent LINK higher, testing resistance near $16.25, CoinDesk research’s…
A majority of the U.S. House of Representatives voted in favor of a funding bill to reopen the government late Wednesday after a record-breaking 42-day shutdown, sending the continuing resolution to President Donald Trump’s desk for his signature. The government looked set to remain shut down for the foreseeable future before a group of Senate…
MIAMI BEACH, Fla. — Dan Tapiero, founder of crypto-focused growth equity fund 50T Holdings, is betting that artificial intelligence and blockchain technology will converge in ways the market hasn’t yet priced in. “Blockchain is the money of AI,” Tapiero said in an interview with CoinDesk. “If you just imagine having thousands of these AI agents…
Welcome to the institutional newsletter, Crypto Long & Short. This week: ZIGChain’s Abdul Rafay Gadit writes that as venture funding wanes, Digital Asset Treasury Companies (DATCOs) are reshaping corporate finance by turning balance sheets into active capital engines, proving that institutional crypto’s future lies in on-chain productivity, transparency and governance — not speculation. CoinDesk Indices’…
Former oncology biotech firm Leap Therapeutics (LPTX), which earlier this month raised $58.9 million in funding led by Winklevoss Capital to pivot to a digital treasury firm, announced the purchase of $50 million of Zcash ZEC$531.53. Alongside, the company is rebranding as Cypherpunk Technologies and will begin trading Thursday with new ticker CYPH, read a…
Miami Beach — When Shayne Coplan launched Polymarket, he didn’t have a team or major funding. What he had was a blockchain, a strong conviction and a laptop. “I’m a solo founder. I literally started with next to no money,” Coplan said during a conversation at Cantor Fitzgerald’s crypto, AI and blockchain conference in Miami…
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$101,332.94 pulled back from recent peaks Tuesday, sliding from $103,413 to $101,775 as the world’s largest cryptocurrency consolidated below key $102,000 resistance. The 1.24% decline unfolded on tepid volume just 2.11% above seven-day averages, signaling cautious market participation despite proximity to the critical $100,000 psychological support…
Market Overview Solana SOL$156.18 faces renewed selling pressure as the token tumbles from $160.72 to $152.81, posting a 4.9% decline despite continued institutional support through exchange-traded fund products. The drop occurs on elevated volume running 17.25% above the seven-day average. Active repositioning dominates rather than passive drift. Selling intensifies following another scheduled token unlock from…
Stellar’s performance was muted in Tuesday’s session ending Nov. 12 at 14:00 UTC, with XLM easing from $0.2949 to $0.2944 as traders settled into a tight consolidation range. The token’s modest $0.0148 movement—around 5% of total activity—highlighted uncertainty among market participants, suggesting a lack of directional conviction. A wave of heavy selling hit late on…
Solana Company (HSDT), a Nasdaq-listed digital asset treasury company focused on Solana SOL$156.18, said on Wednesday it plans to tokenize its shares with Superstate’s Opening Bell, a regulated platform that brings traditional equities onchain. The tokenized shares will remain SEC-registered and maintain their existing protections while becoming accessible through crypto wallets, tradable around the clock…
