Cryptocurrency
With less than three weeks to go, Patrick McHenry, a former congressman known for his involvement in crypto legislation, is predicting an eventful summer on Capitol Hill. He foresees a significant role for Tether in the stablecoin market in the U.S. McHenry, now a senior advisor at a16z after
Cryptocurrency
With less than three weeks remaining, a recent filing suggests that New York prosecutors are contemplating dropping charges against the co-founders of Samourai Wallet in light of the Department of Justice's (DOJ) updated stance on crypto-related enforcement. The co-founders are currently confronted with the possibility of spending up
Cryptocurrency
The U.S. Department of Justice is pushing for a severe punishment for Alex Mashinsky, the mastermind behind Celsius Network, seeking a 20-year prison term. Prosecutors accuse him of orchestrating a fraudulent scheme that resulted in approximately $7 billion in losses for customers. In their recent filing, federal prosecutors described
Cryptocurrency
Bitcoin remained resilient in the face of challenging economic news and escalating tensions between India and Pakistan. The Dallas Fed Manufacturing Index recorded a significant drop, hitting its lowest point since the onset of the COVID-19 pandemic, triggering concerns about the economy. Despite this gloomy data, Bitcoin managed to hold
Cryptocurrency
Former Chief Legal Officer of Kraken, Marco Santori, has recently become a general partner at Pantera Capital. In his new role, he will be actively involved in advocating for clear and innovation-friendly regulations both in the United States and internationally. With the evolving landscape of cryptocurrency regulations, firms are increasingly
Cryptocurrency
Monero’s XMR Rockets 40% as XRP Leads Crypto Majors Gains Trading volumes for XMR zoomed from an average of $50 million on a seven-day rolling basis to over $220 million in the past 24 hours * Bitcoin traded above $93,000, down 1%, while the CoinDesk 20 remained flat during
Cryptocurrency
Chart of the Week: Tariff Carnage Starting to Fulfill Bitcoin's 'Store of Value' Promise Traditional safe-haven assets like gold and the Swiss Franc have been joined by bitcoin as a refuge for investors. * April has been marked by extreme market volatility due to President Trump'
Cryptocurrency
Chart of the Week: Tariff Carnage Starting to Fulfill Bitcoin's 'Store of Value' Promise Traditional safe-haven assets like gold and the Swiss Franc have been joined by bitcoin as a refuge for investors. * April has been marked by extreme market volatility due to President Trump'
Cryptocurrency
Trump Token's 85% Weekly Surge Defies Democrats' Call for Impeachment, Massive Unlocks U.S. Peesident Donald Trump's memecoin has led to calls for impeachment and inflated its circulating supply in major unlocks. It's still defying gravity. * Trump memecoin surged about 15% in a
Cryptocurrency
Trump Token's 85% Weekly Surge Defies Democrats' Call for Impeachment, Massive Unlocks U.S. Peesident Donald Trump's memecoin has led to calls for impeachment and inflated its circulating supply in major unlocks. It's still defying gravity. * Trump memecoin surged about 15% in a
Cryptocurrency
Cryptocurrency
Bitcoin Poised for Strongest Weekly Gain Since Trump Win as ETFs Gobble $2.7B Inflows SUI, BCH and Hedera's HBAR led Friday gains in the CoinDesk 20 Index, with one analyst saying this week's crypto rally is likely the beginning of BTC's climb to
Cryptocurrency
Bitcoin Poised for Strongest Weekly Gain Since Trump Win as ETFs Gobble $2.7B Inflows SUI, BCH and Hedera's HBAR led Friday gains in the CoinDesk 20 Index, with one analyst saying this week's crypto rally is likely the beginning of BTC's climb to
Cryptocurrency
This week, CoinDesk highlighted the resurgence of Bitcoin after a period of stagnation. The cryptocurrency surged to over $95,000, marking a 12% increase for the week and signaling renewed confidence in the post-election crypto landscape. As prices climbed, Bitcoin claimed the fifth spot among all financial assets, even surpassing
Cryptocurrency
STX, the native token of the Stacks protocol, has shown exceptional performance this week by surging 56%, making it the top gainer among the largest 100 cryptocurrencies based on market capitalization. The rise in value comes as BitGo announced plans to incorporate sBTC into the ecosystem, aiming to facilitate institutional
Cryptocurrency
The Federal Reserve, alongside the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp., has withdrawn previous directives requiring banks to seek approval from regulators for engaging in cryptocurrency activities. The move aims to promote innovation within the banking industry. With this decision, all three regulatory