Bitcoin BTC$79,876.65 tumbled back below $80,000 late Thursday after the U.S. launched fresh airstrikes in Iran, causing brent crude oil to briefly top $100 per barrel before giving back a portion of gains during Asia and European hours. The crypto market was already slightly jittery after Strategy chairman Michael Saylor said that the company would…
Coinbase (COIN) reported a multi-hour disruption to crypto trading on Thursday, which the Nasdaq-listed exchange attributed to an outage at Amazon Web Services. The incident drew criticism as Coinbase continues to grapple with declining trading activity, quarterly losses, and staff layoffs. The crypto trading platform said users were unable to transact across web and mobile…
Coinbase’s (COIN) weak first-quarter earnings report sparked another divide on Wall Street over whether the crypto platform is building a more durable business or remains tied to crypto’s boom-and-bust cycles. Several analysts lowered forecasts after the company missed expectations on revenue and adjusted EBITDA as trading activity slowed across the crypto market. Still, a number…
The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong announced the exchange was pulling its support over stablecoin yield…
Stablecoins have moved from crypto niche to an institutional priority, but the next phase of adoption will depend on infrastructure, privacy and real-world usability, executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026. Richard Harrison, MoonPay’s vice president of banking and payment partnerships, said traditional finance firms are entering stablecoins faster because regulation…
With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays. Solana (SOL), Chainlink LINK$10.32, SUI$1.0197 and DOT$1.3832 rose around 5%, while Near Protocol (NEAR) and Uniswap (UNI) gained roughly 7%. Internet Computer Protocol’s ICP jumped nearly 12%, leading majors…
MIAMI BEACH, Fla. — At the EasyA Hackathon tucked inside Consensus Miami 2026, the energy felt less like a traditional crypto developer event and more like a live audition for the next generation of the intersection of blockchain and AI-native startups. Nearly 1,000 developers competed at the venue, some from established crypto ecosystems like Base…
SEC Chair Paul Atkins said Friday the agency is considering changes to how securities regulations apply to blockchain-based financial markets and AI-powered financial applications, as digital asset firms increasingly move trading and settlement activity onchain. Speaking at the AI+ Expo in Washington, Atkins said the SEC is considering formal rulemaking around onchain trading systems, blockchain…
Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of the Currency (OCC), according to a Friday announcement shared with CoinDesk, as the company looks to expand its regulated digital-asset custody business. If approved, the charter would establish Payward National Trust…
European Central Bank (ECB) President Christine Lagarde argued against the need for privately-issued euro-pegged stablecoins, even in the face of a market which is 98% dominated by dollar-pegged tokens. Despite the rapid global adoption of USD stablecoins, Largarde argued Europe should focus on building tokenized settlement infrastructure anchored in central bank money rather than simply…
