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Drift Gets $148 Million Funding From Tether and Partners as It Replaces Circle Stablecoin with USDT After Massive Exploit
NewsApr 16, 2026

Drift Gets $148 Million Funding From Tether and Partners as It Replaces Circle Stablecoin with USDT After Massive Exploit

DeFi perpetuals exchange Drift Protocol secured up to $147.5 million in funding, primarily $127.5 million from Tether and $20 million from partners, to recover assets after a $270 million exploit. The package will support a relaunch on Solana using USDT as the settlement layer,...

By CoinDesk
Wall Street Trading-Tech Is Coming to Crypto as DoubleZero Rolls Out High-Speed Data for Solana
NewsApr 16, 2026

Wall Street Trading-Tech Is Coming to Crypto as DoubleZero Rolls Out High-Speed Data for Solana

DoubleZero has launched DoubleZero Edge, a private‑fiber, real‑time data feed for the Solana blockchain. By routing raw transaction data through a dedicated multicast network, the service trims latency by tens of milliseconds compared with public‑internet feeds. The platform also lets...

By CoinDesk
Keep an Eye on XRP, Plasma, DOGE as Bitcoin Drifts
NewsApr 16, 2026

Keep an Eye on XRP, Plasma, DOGE as Bitcoin Drifts

Bitcoin is hovering near $75,000, while XRP is experiencing a resurgence as U.S.-listed spot ETFs pull in more than $17 million, the strongest inflow since early February. Ripple’s collaboration with South Korea’s Kyobo Life to pilot a real‑time tokenized government‑bond settlement...

By CoinDesk
Bitcoin Funding Rates Hit Most Negative Since 2023, History Suggests Bottom Is In
NewsApr 16, 2026

Bitcoin Funding Rates Hit Most Negative Since 2023, History Suggests Bottom Is In

Bitcoin’s perpetual futures funding rates have plunged to their most negative level since 2023, reaching a seven‑day average of about -0.005%. The dip reflects heavy short positioning even as the cryptocurrency has rallied from the low‑mid $60,000 range to roughly...

By CoinDesk
Bitcoin Holds Near $75,000 as Short-Term Holders Look for Profit Opportunities
NewsApr 16, 2026

Bitcoin Holds Near $75,000 as Short-Term Holders Look for Profit Opportunities

Bitcoin is hovering just below the $75,000 mark, buoyed by steady institutional buying but constrained by a growing supply wall at key cost‑basis levels. Derivatives data show open interest rising 2.5% while liquidations fell 48%, indicating traders are adding exposure...

By CoinDesk
The Cheapest Bitcoin ETF Yet: Morgan Stanley Uses 0.14% Fee to Draw $100 Million in First Week
NewsApr 16, 2026

The Cheapest Bitcoin ETF Yet: Morgan Stanley Uses 0.14% Fee to Draw $100 Million in First Week

Morgan Stanley launched the MSBT spot bitcoin ETF on April 8, pricing it at a 0.14% expense ratio—the lowest in the category. In its first week the fund attracted more than $100 million, making it the bank’s most successful ETF debut. The...

By CoinDesk
SOL, ADA, DOGE Pullback, Bitcoin Holds Above $74,000 as Asia Recoups Iran War Losses
NewsApr 15, 2026

SOL, ADA, DOGE Pullback, Bitcoin Holds Above $74,000 as Asia Recoups Iran War Losses

Bitcoin held above $74,000 on Wednesday as risk appetite rebounded, buoyed by Asian equity benchmarks erasing war‑related declines and the S&P 500 nearing record highs. Spot bitcoin ETFs continued to attract capital, pushing cumulative inflows past $56 billion since their launch, with...

By CoinDesk
Bitcoin's $76,000 Breakout Fails but a Rare Signal Is Hinting at Major Market Bottom
NewsApr 14, 2026

Bitcoin's $76,000 Breakout Fails but a Rare Signal Is Hinting at Major Market Bottom

Bitcoin briefly breached the $76,000 resistance on April 14 but quickly retreated to around $74,000, extending a two‑month struggle to sustain a true breakout. Meanwhile, Binance’s Bitcoin perpetual funding rates have stayed negative for 46 consecutive days, a streak last...

By CoinDesk
The Next Fed Chair Has Crypto Exposure in His Portfolio. Here Are the Details
NewsApr 14, 2026

The Next Fed Chair Has Crypto Exposure in His Portfolio. Here Are the Details

President Trump’s nominee Kevin Warsh, pending confirmation as Federal Reserve chair, disclosed extensive crypto holdings in his 69‑page financial filing. Through venture‑fund vehicles he holds equity in more than a dozen DeFi, Layer‑1/2, Bitcoin‑payment and crypto‑infrastructure companies, though most line...

By CoinDesk
Rakuten to Allow XRP to Be Used as Payment Method by Its 44 Million Customers
NewsApr 14, 2026

Rakuten to Allow XRP to Be Used as Payment Method by Its 44 Million Customers

Rakuten is adding XRP to its Rakuten Pay app, letting its 44 million customers spend Ripple’s cryptocurrency at over 5 million merchant locations across Japan. Starting April 15, users can buy XRP with Rakuten Points, spot‑trade it in‑app, and hold it in a Rakuten Wallet,...

By CoinDesk
Popular DeFi Platform Warns Users to Stay Away From Its Site After Security Breach
NewsApr 14, 2026

Popular DeFi Platform Warns Users to Stay Away From Its Site After Security Breach

CoW Swap, a decentralized exchange aggregator, temporarily paused its platform after a DNS hijacking attack redirected users to a fraudulent site. The breach occurred at 14:54 UTC on April 14, 2026, prompting the team to warn traders to avoid the interface while they investigate....

By CoinDesk
Bitcoin Climbs to Highest Level Since Feb. 5 Crash that Sent Price Plunging to $60,000
NewsApr 14, 2026

Bitcoin Climbs to Highest Level Since Feb. 5 Crash that Sent Price Plunging to $60,000

Bitcoin surged to just under $76,000 in U.S. trading, its highest level since the Feb. 5 plunge to $60,000. The rally was sparked by optimism over Middle East developments that drove oil prices down 6% to about $93 a barrel and...

By CoinDesk
Why Cantor Fitzgerald Thinks Robinhood and Coinbase Are the Best Ways to Play the Prediction Market Boom
NewsApr 14, 2026

Why Cantor Fitzgerald Thinks Robinhood and Coinbase Are the Best Ways to Play the Prediction Market Boom

Cantor Fitzgerald’s new report flags Robinhood and Coinbase as the leading public‑market beneficiaries of the exploding prediction‑market sector. Both firms are embedding event‑based contracts into their apps, earning fees from trade volume rather than taking the opposite side of bets....

By CoinDesk
This Little-Known Token Just Posted a 6,000% Rally — and Traders Are Trying to Figure Out Why
NewsApr 13, 2026

This Little-Known Token Just Posted a 6,000% Rally — and Traders Are Trying to Figure Out Why

RAVE, the native token of RaveDAO, rocketed over 6,000% in a month, jumping from roughly $0.25 to above $14 and briefly entering the top‑50 cryptocurrencies by market cap. The surge was driven by an extreme short squeeze, thin liquidity, and...

By CoinDesk
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