Minimalist News

AI Summary

Democrats are expressing support for a bipartisan market structure bill for digital assets, as a Republican-backed proposal heads for a Senate Banking Committee vote.
BitMine has announced a significant $365 million funding round, increasing its Ethereum holdings to over 2% of the total supply, emphasizing its influential role in the market.
There is growing integration between traditional finance and cryptocurrency, exemplified by PayPal's PYUSD stablecoin being added to the Bitfinex-backed Stable network.
The crypto market is experiencing increased volatility, with significant sell-offs leading to $1.9 billion in liquidations and fears of a downturn, especially impacting key assets like Bitcoin and Ethereum.
Regulatory developments are shaping the industry, with the UAE signing an agreement for automatic crypto tax data exchange and discussions advancing around investor protection and compliance measures in the U.S.

CoinDesk

From SPACs to Cash-Flow Buys: How DATs Are Plotting the Next Growth Phase coindesk.com 4 days ago by James Van Straten
Markets, Bitcoin, Semler scientific, Exclusive, News
The world of Digital Asset Treasury (DATs) has entered a new era, after Strive (ASST) announced an all-stock deal to acquire Semler Scientific…
Schiff Challenges Saylor’s Bitcoin Bet, Analyst Says Sub-$107K BTC Is a 'Tremendous Buying Opportunity’ coindesk.com 4 days ago by Siamak Masnavi
Markets, AI Market Insights, Bitcoin, Technical Analysis, News
Analysts mapped a slow-grind path for bitcoin and flagged $112,000 as the trigger while gold advocate Peter Schiff revived the gold-versus-bit…
Tether and Circle Are ‘Printing Money’ But Competition Is Coming: Wormhole Co-Founder coindesk.com 4 days ago by Francisco Rodrigues
Finance, Tether, Circle, Stablecoins, Wormhole, Exclusive, News
Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of th…
Crypto Treasury Firms Could Become Long-Term Giants like Berkshire Hathaway, Analyst Says coindesk.com 5 days ago by Siamak Masnavi
Markets, Digital Asset Treasury, News
Crypto treasury firms that stockpile tokens could evolve from speculative wrappers into long-run economic engines for blockchains, argues Sync…
NYDIG Calls for Bitcoin Treasury Companies to Drop 'Misleading' mNAV Metric coindesk.com 5 days ago by Francisco Rodrigues
Finance, NYDIG, Nav, Bitcoin Treasury Reserve Asset, Top Stories, News
Strive Asset Management (ASST) has acquired Semler Scientific (SMLR) in an all-stock deal. While historic, the move also drew attention to wha…
Trader Who Bet $1B on Bitcoin, Returns With 3x Leveraged Long on Aster coindesk.com 5 days ago by Francisco Rodrigues
Markets, Hyperliquid, Decentralized exchange, CoinDesk Wealth, News
James Wynn, the pseudonymous trader behind a billion-dollar bitcoin (BTC) bet earlier this year, is back. This time, Wynn is making a leverage…
Bitcoin Trails Equities, Metals, and USD in Q3. Here Is a Key Level to Watch for Next Move coindesk.com 5 days ago by James Van Straten
Markets, Bitcoin, MicroStrategy, MetaPlanet, market analysis, News
Bitcoin (BTC) just ended what is historically the largest cryptocurrency's third-worst week of the year with a greater-than-average drop of 5%…
Luke Dashjr Denies Hard Fork Claims as Bitcoin Governance Debate Heats Up coindesk.com 5 days ago by Jamie Crawley
Tech, Bitcoin, hard fork, Luke dashjr, News
Debates over Bitcoin’s future are nothing new, but this week the discussion took on a sharper edge. One of Bitcoin’s long-serving developers w…
As Gold Keeps Setting New Highs, China Reportedly Wants to Be Its Custodian for Central Banks coindesk.com 5 days ago by Siamak Masnavi
Markets, Gold, China, central banks, News
China is reportedly making a bid to expand its influence in global gold markets by offering to hold foreign central bank reserves within its b…
Crypto Miner TeraWulf to Raise $3B in Google-Backed Debt Deal to Expand Data Centers coindesk.com 5 days ago by Francisco Rodrigues
Finance, crypto miner, Google, Data Centers, Artificial Intelligence, News
Crypto mining firm TeraWulf (WULF) is planning to raise $3 billion in debt to expand its data center operations in a deal supported by Google,…
State of Crypto: Shutdown Watch coindesk.com 5 days ago by Nikhilesh De
News Analysis, State of Crypto, Newsletters, U.S. Government, News
Some of crypto's momentum in Washington D.C. has stalled, a situation that may become worse if the U.S. government shuts down next week. Yo…
Corporate Clients Hold Up to 15% of Assets on Mercado Bitcoin, Exchange Exec Says coindesk.com 5 days ago by Francisco Rodrigues
Finance, Crypto Exchanges, Bitcoin, Bitcoin Treasury Reserve Asset, News
Corporate clients, mainly small and medium enterprises, account for between 10% and 15% of all assets under custody on Mercado Bitcoin, Brazil…
Dubai Royal-Backed Fund MGX Buys 15% of TikTok U.S. Business in Major Stake Deal: Report coindesk.com 6 days ago by Helene Braun
Markets, World Liberty Financial, TikTok, News
MGX, a fund backed by Dubai’s ruling family, will take a 15% stake in TikTok’s U.S. business as part of a restructuring meant to increase Amer…
UN: Experiment With Pension Funds Proves Blockchain as 'Ultimate' Identity Tech coindesk.com 6 days ago by Jesse Hamilton
Tech, United Nations, blockchain tech, Identity Verification, News
The United Nations leaned into blockchain technology to overhaul its own pension system, and a study of that process concluded the innovation …
Bitcoin Edges Higher, ETH Rebounds Above $4k as Sentiment Slips Into 'Fear' Territory coindesk.com 6 days ago by Krisztian Sandor
Markets, Market Wrap, Bitcoin, Fear & Greed Index, News
Crypto markets modestly bounced on Friday with bitcoin (BTC) back above $110,000. Ethereum's ether (ETH) outperformed with a 3.8% gain to cros…
Softbank, Cathie Wood's Ark Among Potential Investors in Tether Fundraising: Report coindesk.com 6 days ago by Krisztian Sandor
Finance, Tether, USDT, Stablecoins, SoftBank, Cathie Wood, News
Tech-focused investment companies SoftBank and Ark Invest are among the firms in early stage talks to invest in Tether, issuer of the world's …
Avalanche's AVAX Extends Weekly Losses to 18% as Institutional Backing Fails to Lift Market coindesk.com 6 days ago by CD Analytics
Markets, Avalanche, News
Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The dr…
Hyped 'Baby Shark' Token on Story Protocol Drops 90% as Creator Denies Authorizing Isssue coindesk.com 6 days ago by Shaurya Malwa
Markets, memecoins, Licensing, News
A "Baby Shark" token hyped last week as officially representing the most viewed video on YouTube, slumped 90% after the issuing platform said …
Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets coindesk.com 6 days ago by Will Canny
Markets, Bitcoin Mining, Riot platforms, CleanSpark, Marathon, Cipher Mining, Iren, JPMorgan, Analysts, News
Riot Platforms (RIOT) picked up back-to-back upgrades from Wall Street on Friday, with JPMorgan and Citigroup both raising their outlooks on t…
Chainlink's LINK Slips to 6-Week Low, but Potential Trend Shift Has Emerged coindesk.com 6 days ago by CD Analytics
Markets, AI Market Insights, Chainlink, Digital Asset Treasury, News
Native token of oracle network Chainlink (LINK) has sunk to its weakest price since early August, giving up past weeks' gains amid broader cry…
Cipher Mining Prices $1.1B Upsized Convertible Note Offering coindesk.com 6 days ago by James Van Straten
Markets, Mining, Cipher Mining, News
Cipher Mining (CIFR) priced a $1.08B private offering of a 0.00% convertible senior notes due 2031, upsized from $800M initially. The notes,…
CoinDesk 20 Performance Update: Avalanche (AVAX) Slides 7.1%, Leading Index Lower coindesk.com 6 days ago by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, News
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDes…
Kraken Raises $500M in Funding Round Valuing Crypto Exchange at $15B: Fortune coindesk.com 6 days ago by Francisco Rodrigues
Finance, Kraken, fund raise, Crypto Exchange, News
Popular cryptocurrency exchange Kraken closed a $500 million funding round, setting the stage for a long-awaited IPO now expected in 2026, For…
Crypto Market Today: Risk-Off Sentiment Dominates Ahead of U.S. PCE Release coindesk.com 6 days ago by Omkar Godbole
Markets, Crypto Markets Today, market analysis, Derivatives, News
The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower. Most major tokens continue to see ca…
Elliptic Warns of Industrial-Scale Pig Butchering Scams Laundering Through Crypto coindesk.com 6 days ago by Ian Allison
Finance, Elliptic, Crime, Money Laundering, Pig Butchering, News
Pig butchering, a form of romance fraud in which victims are groomed into sending money to fake crypto investment schemes, has grown into a mu…