DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil
Borrowing demand across decentralized finance (DeFi) protocols plunged sharply in the wake of the recent crypto market turmoil, a sign of widespread deleveraging as...
FDIC working on new crypto guidelines, eyes public blockchain use by banks
The Federal Deposit Insurance Corporation (FDIC) is formalizing a more permissive and transparent framework for US banks engaging with crypto, including the use of...
Bitcoin’s Resilience During Tariff Chaos Impresses Wall Street Firm Bernstein
"Hi Curly, kill anyone today," said Billy Crystal's Mitch to Jack Palance's Curly in City Slickers. "Day ain't over yet," replied Curly.
Bernstein, though, is...
Ethereum dips below realized price, signaling potential market bottom
Ethereum (ETH) has fallen below its realized price of $2,200, a development that historically signals a potential market bottom, according to data from CryptoQuant.
The...
DeFi Game Aavegotchi to Abandon Polygon, Migrate to Coinbase’s Base
The DAO running Aavegotchi, a niche non-fungible token (NFT) game, voted overwhelmingly to migrate the entire ecosystem to Base from Polygon, a move reflecting...
Rootstock Prepares to Release SDKs for Bitcoin Layer 2s Using BitVMX
One of the oldest Bitcoin ecosystem projects is moving to the next stage of enabling developers to build layer-2 networks using its computational layer....
Crypto Left Cold as Stocks Surge 3%; Bitcoin Slides Back to $78K
"Decoupling" is back, but not in the way bitcoin (BTC) bulls would like.
After "Black Monday" never materialized in the U.S., stocks on Tuesday are...
DOJ Axes Crypto Unit as Trump’s Regulatory Pullback Continues
The U.S. Department of Justice (DOJ) axed its crypto unit on Monday, telling staff that the DOJ would be “narrowing” its crypto enforcement activities...
CoinShares Head of Asset Management Frank Spiteri Has Left the Company: Sources
Frank Spiteri, head of asset management at CoinShares (CS), left the crypto investment manager recently, according to two people with knowledge of the matter.
His...
Ripple eyes major roles for XRP, RLUSD, and XRPL following $1.25 billion Hidden Road acquisition
Ripple is set to acquire global prime brokerage platform Hidden Road for $1.25 billion.
According to an April 8 statement, this acquisition makes Ripple the...
Coinbase More Than Just Trading Platform, It’s ‘Mission-Critical’ for Crypto, Cantor Says
Coinbase (COIN) is more than just a crypto trading platform, Wall Street broker Cantor said in a research report Tuesday, initiating coverage of the...
US DOJ disbands crypto enforcement team amid policy shift under Trump
The US Department of Justice (DOJ) has reportedly shut down the National Cryptocurrency Enforcement Team (NCET), its specialized division tasked with investigating crypto-related crimes.
The...
Hive’s Frank Holmes on Expanding Bitcoin Mining in Paraguay
Frank Holmes has had a long career as a money manager: financing gold mining companies; getting involved in the creation of gold royalty companies;...
BlackRock adds new Bitcoin custodian Anchorage Digital alongside Coinbase
BlackRock has expanded the custodial structure of its iShares Bitcoin Trust (IBIT), formalizing Anchorage Digital Bank N.A. as an additional Bitcoin custodian through a...
CoinDesk 20 Performance Update: HBAR Gains 8.6% as Nearly All Assets Trade Higher
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...
Private Equity Giant Apollo Invests in Real-World Asset Platform Plume
Plume, a blockchain platform focused on real-world assets (RWAs), said on Tuesday it secured an investment from funds managed by private equity giant Apollo...
