AI Summary
- After a brief spike, the Official Trump coin's price fell following Eric Trump’s announcement about focusing on building the most exciting meme coin, reflecting the volatile nature of meme tokens in the crypto market.
- The cryptocurrency market is currently experiencing fluctuations due to a public feud between Donald Trump and Elon Musk, leading to increased uncertainty and significant trading activity in various digital assets.
- Major exchanges and companies, including Gemini and Circle, are advancing their public offerings, with Gemini recently submitting a confidential IPO filing amid a resurgence of investor confidence in the sector.
- Legislative initiatives are gaining traction, with U.S. Congress addressing proposed stablecoin regulations and ETF issuers urging the SEC to reinstate the first-to-file approval system, which they argue fosters innovation.
- In a broader context, stablecoins are emerging as a significant use case within the crypto industry, with major tech firms like Apple and Google reportedly exploring integrations for payments, signaling growing mainstream acceptance.
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CoinDesk
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Hashed Research CEO Appointed Chief Policy Officer at Korea's Presidential Office
coindesk.com
8 hours ago
by Sam Reynolds
Policy, NewsKorea's new President, Lee Jae-myung, has appointed the CEO of Hashed Research, Kim Yong-beom, to be the Chief Policy Officer of Korea's Presi…
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Billionaire Winklevoss Twins-Backed Exchange Gemini Files With SEC For Planned IPO
coindesk.com
9 hours ago
by Will Canny
Finance, Gemini, Winklevoss Twins, IPO, NewsGemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step towa…
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Weekly Recap: Circle Scores Big on IPO Fever
coindesk.com
10 hours ago
by Benjamin Schiller
News Analysis, FeatureIt was a week of fortunes made, and fortunes lost, at CoinDesk. On the one hand, we had Circle, long a leading crypto company, hurtling to IP…
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HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End
coindesk.com
11 hours ago
by Tom Carreras
Markets, Hive, Bitcoin Mining, Paraguay, NewsBitcoin miner HIVE Digital Technologies (HIVE) has surpassed 10 exahash per second (EH/s) in hashrate capacity, a 58% increase from April, dri…
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House Dems Get Bonus Hearing on Crypto Market Structure, Assail Trump Conflicts
coindesk.com
11 hours ago
by Nikhilesh De
Policy, House Financial Services Committee, crypto legislation, Regulation, Maxine Waters, NewsWASHINGTON, D.C. — U.S. President Donald Trump's crypto ventures were once again under the microscope during a House Financial Services Commit…
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Polkadot's DOT Retakes Important $3.96 Level as Buyers Step In After Pullback
coindesk.com
11 hours ago
by CD Analytics
Markets, AI Market Insights, Polkadot, Technical Analysis, NewsPolkadot DOT bullish momentum has potentially returned, after the token retook an important support level at $3.96, according to CoinDesk Rese…
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Polymarket Partners Up With Elon Musk's xAI
coindesk.com
12 hours ago
by Tom Carreras
Finance, Polymarket, X, Elon Musk, Shayne coplan, NewsCrypto prediction market Polymarket and Elon Musk-led artificial intelligence (AI) firm xAI — which owns X, the social media platform formerly…
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AVAX Surges 6% After Musk-Trump Dispute Sell-Off
coindesk.com
12 hours ago
by CD Analytics
Markets, AI Market Insights, Technical Analysis, Avalanche, AVAX, NewsCrypto markets were shaken on Thursday when U.S. President Donald Trump and Tesla CEO Elon Musk engaged in a heated argument on social media o…
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Stablecoin Fever With Circle Soaring Another 40%: Apple, X Among Those Reportedly Wanting In
coindesk.com
12 hours ago
by Helene Braun
Finance, Stablecoin, NewsApple, Airbnb, Google and Elon Musk’s X are holding early discussions with crypto companies about integrating stablecoins into their payment s…
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TON Finds 'Strong Support' at $3.00 Level Amid Wild Crypto Price Swings
coindesk.com
12 hours ago
by CD Analytics
Markets, AI Market Insights, Technical Analysis, NewsToncoin TON among cryptocurrencies that saw significant price volatility amid the tussle between President Trump and Elon Musk on the state of…
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Cardano's ADA Finds 'Strong Support' After Dramatic Price Swings Amid Heightened Volatility
coindesk.com
13 hours ago
by CD Analytics
Markets, Cardano, AI Market Insights, ADA, Technical Analysis, NewsThe cryptocurrency market is experiencing heightened volatility amid an escalating feud between President Donald Trump and his former head of …
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Crypto’s Defining Policy Moment Is Here. We Must Seize It Together
coindesk.com
13 hours ago
by Summer Mersinger
OpinionThis week, I stepped into my role as Blockchain Association CEO at what may be the most consequential moment in crypto's policymaking history.…
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CoinDesk 20 Performance Update: SUI Gains 4.3% as Index Trades Higher
coindesk.com
14 hours ago
by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, NewsCoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDes…
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U.S. Added 139K Jobs in May, Roughly In Line With Forecasts
coindesk.com
15 hours ago
by James Van Straten
Markets, Bitcoin, Unemployment, NewsU.S. labor market growth continued to modestly slow in May, but not enough to force a rise in the unemployment rate. Nonfarm payrolls grew …
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IOST Raises $21M to Expand the Rollout of its Tokenized Asset Infrastructure
coindesk.com
15 hours ago
by Will Canny
Finance, Fundraising, Blockchain, Dwf labs, IOST Foundation, NewsModular blockchain platform IOST has raised $21 million in a strategic funding round to expand the rollout of its real-world asset (RWA) infra…
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Trump Media, Owner of Truth Social, Looks to Issue $12B Worth of New Shares
coindesk.com
15 hours ago
by Jamie Crawley
Markets, Donald Trump, Bitcoin, Bitcoin ETF, NewsPresident Donald Trump's media company has registered up to $12 billion in new securities, according to a new S-3 filing. Trump Media and Tec…
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Shiba Inu Recovers Amid Massive $36M Whale Transaction; Still Stuck in Downward Channel
coindesk.com
16 hours ago
by AI Boost
Markets, AI Market Insights, SHIB, Technical Analysis, NewsMemecoin Shiba inu SHIB has chalked out a 3% recovery from overnight lows under $0.00001200, outperforming bitcoin BTC despite reports of a ma…
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Strategy to Raise Nearly $1B With STRD Preferred Stock Offering to Accumulate BTC
coindesk.com
16 hours ago
by Francisco Rodrigues
Markets, Strategy, Bitcoin, NewsStrategy (MSTR), the largest corporate holder of bitcoin BTC, has priced the new preferred stock offering designed to give long-term investors…
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Crypto Daybook Americas: Bitcoin, Jolted by Trump-Musk Clash, Rebounds Before Jobs Data
coindesk.com
16 hours ago
by Omkar Godbole
Crypto Daybook Americas, NewsBy Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) and the wider cryptocurrency market recovered from overnight lows, w…
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Bitcoin Price Bounce to Near $104K, Though Encouraging, Falls Short of Bull Revival
coindesk.com
17 hours ago
by Omkar Godbole
Markets, Bitcoin, Technical Analysis, market analysis, NewsThis is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin's BTC broader outlook is constr…
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UK Regulator FCA to Lift Ban on Crypto ETNs for Retail Investors
coindesk.com
17 hours ago
by Ian Allison
Policy, FCA, crypto policy, ETN, NewsU.K. financial regulator the Financial Conduct Authority (FCA) said it will allow consumers access to crypto exchange traded notes (cETNs), as…
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NEAR Protocol Surges 5% After Forming Bullish Support Pattern
coindesk.com
18 hours ago
by CD Analytics
Markets, AI Market Insights, Near, Near protocol, NewsGlobal markets are navigating heightened uncertainty following a public spat between U.S. President Donald Trump and Tesla CEO Elon Musk. NEA…
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ATOM Rebounds From 5% Drop as Buyer Demand Defends Key Support Level
coindesk.com
18 hours ago
by AI Boost
Markets, AI Market Insights, ATOM, NewsThe cryptocurrency market continues navigating choppy waters as tensions between U.S. President Donald Trump and Tesla CEO Elon Musk increase.…
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Metaplanet to Raise $5.3B, Japan’s Largest Stock Warrant Deal, to Grow Bitcoin Stash
coindesk.com
19 hours ago
by Francisco Rodrigues
Markets, MetaPlanet, Bitcoin, NewsMetaplanet, the Tokyo-listed firm now positioning itself as a bitcoin BTC-focused treasury company, has launched a $5.3 billion plan to buy mo…
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SOL Recovers to $147 After Flash Crash Shakes Out Weak Hands
coindesk.com
19 hours ago
by CD Analytics
Markets, AI Market Insights, Technical Analysis, Solana, SOL, NewsPrice Action Solana (SOL) faced intense selling pressure over the past 24 hours, dropping 8.1% from $154.48 to $141.75 before recovering to s…