A cryptocurrency venture tied to U.S. President Donald Trump is facing fresh scrutiny after partnering with a firm whose “flagship project” had recently involved individuals later sanctioned by the U.S. and U.K. WLFI$0.09576, a crypto business co-founded by Trump and partly owned by his family, said it carried out due diligence before integrating its USD1…
Risk markets, including bitcoin BTC$69,371.61, staged a late-day rally Tuesday after Axios reported Iran’s positive reception to Pakistan’s request for a two-week ceasefire. “The President has been made been aware of the proposal, and a response will come,” said White House Press Secretary Karoline Leavit, when asked about the report. Under heavy pressure earlier in…
The U.S. Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators required to write and oversee rules under last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The FDIC’s proposal —meant to align closely with what its sister banking agency, the Office of…
The Solana Foundation is taking a deliberately contrarian approach to crypto marketing in San Francisco, rolling out a billboard campaign that reads: “Don’t waste time with crypto.” At first glance, the message may seem a bit confusing as a crypto foundation is saying not to waste time with crypto. But according to the Solana Foundation,…
Americans reported $11.4 billion in losses tied to cryptocurrency scams last year, 22% more than in 2024, highlighting the growing scale of digital asset fraud, an FBI report revealed Tuesday. “Cryptocurrency investment scams are sophisticated long-term scams using psychological manipulation, the appearance of legitimacy, and exploitation of cryptocurrencies to deceive victims into investing large sums…
Crypto investors who once turned to decentralized finance for easy passive income through juicy yields are running into a new reality: the numbers no longer add up. DeFi, or onchain finance, is essentially conducting banking transactions on a blockchain, cutting out middlemen like banks and letting investors borrow, lend, and trade in minutes. Back in…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1917.55, down 2.4% (-47.87) since yesterday’s close. All 20 assets are trading lower. Leaders: BCH (-1.0%) and CRO (-1.0%). Laggards: AAVE (-8.5%) and AVAX (-7.6%). The CoinDesk 20 is…
After topping $70,000 on Monday, bitcoin BTC$68,380.60 has pulled back to the $68,000 area as time draws near for President Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz. “A whole civilization will die tonight, never to be brought back again,” said Trump in a Tuesday morning Truth Social Post. “I don’t want…
Strategy (MSTR), the world’s largest publicly traded holder of bitcoin, announced on Monday that it purchased 4,871 BTC for $330 million, marking one of its largest acquisitions of 2026. Yet a recurring question remains, why do these sizable purchases fail to move the market? In fact, bitcoin’s price often declines around the time these announcements…
Since the outbreak of the war with Iran on Feb. 28, bitcoin BTC$68,492.02 has started to diverge from software equities, with the iShares Expanded Tech-Software Sector ETF (IGV), serving as a useful proxy for the sector. Bitcoin has been one of the strongest-performing assets during this period, rising more than 5% and trading back above…
