by Coin Desk | August 21, 2025 4:05 am | Crypto News
A group of major altcoins have bounced stronger than bitcoin (BTC) on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets.BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance,...
by Coin Desk | August 21, 2025 4:04 am | Crypto News
Coinbase CEO Brian Armstrong said that bitcoin (BTC) could hit $1 million per token by the end of the decade, adding his voice to a growing chorus of high-profile crypto advocates calling for explosive growth.“I think we’ll see $1 million per bitcoin by 2030,”...
by Coin Desk | August 21, 2025 1:05 am | Crypto News
Tyler and Cameron Winklevoss said they’re spending $21 million to continue the crypto policy momentum led by Republican lawmakers, countering a wider industry effort that’s carefully supporting politicians from both major parties.The U.S. congressional...
by Coin Desk | August 21, 2025 1:05 am | Crypto News
Hawkish remarks from the Federal Open Market Committee’s late July meeting have — for the moment — put the kibosh on the crypto market’s modest attempt at a rally on Wednesday.”A majority of participants judged the upside risk to inflation as the...
by Coin Desk | August 21, 2025 1:05 am | Crypto News
Bitcoin is trading almost $11,000 below its Aug. 14 record, according to CoinDesk data, but FalconX’s head of research says the market’s internal structure still looks “extremely bullish.”In a post on X on Wednesday, analyst David Lawant pointed to what happens in...
by Coin Desk | August 21, 2025 12:11 am | Crypto News
Oracle network Chainlink’s (LINK) native token showed remarkable strength during the Wednesday session as cryptocurrencies attempted to bounce back from yesterday’s carnage.LINK topped $26, gaining 8.3% over the past 24 hours and erasing Tuesday’s...
by Coin Desk | August 20, 2025 11:08 pm | Crypto News
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk & Jamie Crawley, reporters at CoinDesk.In this issue:Nasdaq-Listed SoFi Taps Bitcoin Lightning for RemittancesBitcoin...
by Coin Desk | August 20, 2025 11:06 pm | Crypto News
JACKSON HOLE, Wyo. — Federal Reserve Governor Chris Waller preached that there is “nothing scary” about digital asset innovations, during a speech in Jackson Hole on Wednesday — the second high-ranking Fed official to praise the sector this week.“There is nothing to...
by Coin Desk | August 20, 2025 11:06 pm | Crypto News
JACKSON HOLE, Wyo. — U.S. Senator Cynthia Lummis (R-Wyo.) said that a final draft of crypto market structure legislation will be presented to U.S. President Donald Trump before Thanksgiving — notably, some time after Sen. Tim Scott’s previous Sept. 30...
by Coin Desk | August 20, 2025 11:06 pm | Crypto News
Emails race across the globe in milliseconds, yet money still moves at a crawl. It can take days to make payments, especially cross-border — longer over weekends or holidays. The result? Trillions of dollars are trapped where they can’t earn yield.This inefficiency is...
by Coin Desk | August 20, 2025 11:05 pm | Crypto News
Strategy (MSTR) fell to as low as $326 on Wednesday, trading about 4% below the 200-Day Moving Average (DMA) of $340, a key level markets watch for trading ideas. The indicator is a widely used technical measure that smooths out price data over roughly nine months of...
by Coin Desk | August 20, 2025 11:05 pm | Crypto News
After President Donald Trump’s administration stepped in to delay the confirmation of his own pick to run the Commodity Futures Trading Commission, a mostly united crypto industry is now stepping out to cheer on the nominee, Brian Quintenz, sending the president...
by Coin Desk | August 20, 2025 10:12 pm | Crypto News
Hedera Hashgraph’s HBAR token faced heavy selling pressure during a volatile 23-hour stretch between August 19 at 15:00 and August 20 at 14:00, sliding 3% from $0.24 to $0.23. The token traded within a tight $0.01 band, marking a 4% spread between its session high and...
by Coin Desk | August 20, 2025 9:09 pm | Crypto News
XLM slipped into a pronounced bearish trajectory over the past 24 hours, trading between $0.39 and $0.40 and breaking below key support levels. The token’s volatility intensified during the final trading hours of Aug. 20, when prices fell from $0.40 to $0.39, marking...
by Coin Desk | August 20, 2025 9:08 pm | Crypto News
Stablecoin-focused blockchain startup Plasma’s new on-chain yield program with crypto exchange Binance attracted $250 million in deposits on Wednesday, reaching the facility’s limit in less than an hour.Crypto investors flocked to the offering to get their...
by Coin Desk | August 20, 2025 8:14 pm | Crypto News
Crypto exchange Kraken has acquired the assets and technology of Capitalise.ai, an Israel-based startup that built a natural-language, no-code platform for automating trading strategies across multiple asset classes, the company said in a press release...
by Coin Desk | August 20, 2025 8:14 pm | Crypto News
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 3984.95, up 1.1% (+41.61) since 4 p.m. ET on Tuesday.Nineteen of 20 assets are trading...
by Coin Desk | August 20, 2025 7:11 pm | Crypto News
The “great wealth transfer” is underway, and it could be one of the biggest drivers of crypto adoption in history, crypto friendly Xapo Bank said in a report Wednesday.Over the next decade, trillions of dollars will move from baby boomers to younger heirs....
by Coin Desk | August 20, 2025 7:11 pm | Crypto News
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin (BTC) bulls are attempting to establish an interim low around $113,000, but the effort appears weak in terms of both price and volume. So far, the bounce has been barely...
by Coin Desk | August 20, 2025 7:11 pm | Crypto News
After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday.The second-largest cryptocurrency is now up...
