Bitmine Immersion (BMNR), the largest publicly-traded Ethereum treasury firm, bought 26,497 ether (ETH) last week, sharply reducing the pace of accumulation after making its largest purchase of 2026 just a week earlier. The latest acquisition, worth roughly $53 million at current ETH prices, lifted Bitmine’s holdings to nearly 5.42 million tokens, or approximately 4.49% of…
Cardano’s flagship Summit will not take place in 2026 after the Cardano Foundation’s treasury proposal narrowly failed to secure the supermajority needed for approval, marking one of the clearest tests yet of the blockchain’s new governance system. Governance requires not only participation, but also a commitment to accept collective decisions. The Cardano community has spoken…
June kicked off in the red for crypto markets as the U.S. and Iran exchanged fire and peace talks failed to translate into reduced tensions in the region. The CoinDesk 20 Index (CD20) fell 2% since midnight UTC, with bitcoin BTC$73,038.00 and ether (ETH) both losing about 1%. At $72,700, bitcoin is currently negative for…
The first week of June may turn crypto’s 2025 policy wins into hard deadlines. Comment periods for the GENIUS Act’s stablecoin rules start closing this week, reaching the point where a federal framework stops being statute and becomes the operating rules issuers have to build to. What gets settled in those windows decides who can…
Putting real-world investments onchain, a process called tokenization, is moving out of the testing phase and into everyday business. Citi’s new report Tokenization 2030: Wall Street On-Chain shared with CoinDesk ahead of Proof of Talk in Paris, shows that the global market for thse digital investments sits at just $17 billion today. However, Citi expects…
XRP slid to its weakest level in more than three months as heavy selling overpowered signs of exchange outflows, leaving the market stuck between two competing signals. Tokens moving off exchanges usually point to accumulation, but price action is saying sellers still have control whenever XRP tries to recover. News Background • More than 25…
A record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs and a fresh rally in oil prices on stalling U.S.-Iran ceasefire talks have kept bitcoin BTC$73,854.62 and the wider crypto market under pressure even as Wall Street’s AI trade pushed global equities to new records in Asian trading Monday. The MSCI All Country World…
A pseudonymous white hat hacker has helped recover $2 million worth of Ether locked in a faulty initial coin offering (ICO) smart contract for almost a decade. In a post to X on Sunday, the white hat, known as “0xflorent,” said they helped recover about 1,003 Ether (ETH) from 48 investors who participated in the…
Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May. Key points: Bitcoin looks set to end May “in the red” as the monthly candle close nears. US labor-market data will form the key volatility catalyst for risk assets next week. Bitcoin analysis says that $73,000 is the key…
Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the US Commodity Futures Trading Commission approved the instruments. The exchange said when it gains approval, the contracts will be listed on Bitnomial Exchange, a CFTC-regulated exchange recently acquired by Kraken’s parent…
