Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Bitcoin's (BTC) price chart is flashing a bearish signal amid risk-off cues from currency markets.
Crypto
Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
Bitcoin fell toward $62,000 on Wednesday as a second day of heavy selling in technology stocks kept pressure o…
Crypto PAC's $5.5 million Congress pick gets Maryland win, more crypto allies advance
The leading crypto political action committee, Fairshake, often backs its favored hopefuls for the U.S. House …
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AI chipmaker Cerebras down 11% after first public earnings report
In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading…
Crypto critic Roubini joins tokenization boom with onchain 'Technodollar'
Nouriel Roubini, the economist known as "Dr. Doom" for predicting the 2008 financial crisis and who later beca…
Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
Meta (META), the parent company of Facebook, is developing a new app called “Arena” that mirrors a prediction …
BNY sees 'FOMO' driving asset managers into tokenized funds
As tokenization moves from industry experiment to commercial product, asset managers are rushing to establish …
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Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
Blockchain infrastructure company Chainlink said it is joining a group of banks that collectively represent ov…
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
The Ethereum Foundation (EF) will slash its budget by roughly 40% this year as part of a shift toward a leaner…
Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
The investment bank said bitcoin's renewed sell-off was driven by a hawkish shift in Federal Reserve expectati…
Ethereum Foundation cuts 20% of staff amid leadership exodus
The Ethereum Foundation is cutting roughly 20% of its workforce, eliminating 54 positions as part of a broad r…
Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator
As bitcoin trades near its 200-week moving average, a long-term support indicator currently sitting around $62…
Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations
Tanya Denisova, the former chief operating officer of Robinhood Crypto, has joined stablecoin issuer Agora as …
In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer
The weeks are growing short for the Digital Asset Market Clarity Act to thread the needle of the U.S. Senate, …
3 Market Signs Bitcoin Selling Pressure May Be Losing Strength
Bitcoin (BTC) selling pressure may be fading even as the asset slips, with old holders, leveraged traders, and…
The digital euro takes a massive step forward after winning a crucial European Parliament vote
The European Central Bank (ECB) scored a major victory after the European Parliament’s influential Economic an…
Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division
The $1.7 trillion asset manager Franklin Templeton is establishing a new dedicated active crypto investment ma…
Strategy's STRC slump prompts Terra comparisons that don't hold up, says analyst
Strategy's preferred stock STRC slid to record lows over the past week, and the fall has revived a comparison …
Bitcoin volatility looks cheap as $10 billion options settlement nears
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Crypto market drops as Nasdaq tech selloff spills into digital assets
The selloff follows Monday's downturn in technology stocks, with another day in the red foreshadowed by Nasdaq…
Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger
Former bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it m…
Bitcoin price has limited downside, likely near bottom, contrarian indicator suggests
That's the conclusion from an indicator that might seem to signal a bearish shift in sentiment but has tended …
Live updates: An 'altcoin season' signal flashed, but bitcoin's slide is what set it off
A widely watched indicator has flipped to "altcoin season," for the opposite reason the label suggests. Glassn…
SpaceX’s $600 billion plunge erased nearly half of bitcoin’s market cap in three days.
SpaceX's stock has lost more than $600 billion in market value over three trading days, which is nearly half o…