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Tennessee Orders Kalshi, Polymarket and Crypto.com to Cease Sports Betting Contracts
NewsJan 10, 2026

Tennessee Orders Kalshi, Polymarket and Crypto.com to Cease Sports Betting Contracts

Tennessee regulators have issued cease‑and‑desist orders to Kalshi, Polymarket and Crypto.com, demanding they stop offering sports event contracts to state residents. The firms, which operate as CFTC‑registered contract markets, lack the state gambling license required by Tennessee’s Sports Gaming Act....

By CoinDesk
Institutions Know a “Good” Exchange Is Built for Failure
NewsJan 10, 2026

Institutions Know a “Good” Exchange Is Built for Failure

Chris Soriano argues that an exchange’s true quality is measured by its performance during market stress, not by superficial polish or compliance scores. CoinDesk’s November 2025 Exchange Benchmark shows improved governance, yet many crypto venues still run retail‑centric matching engines, lack...

By CoinDesk
Hundreds of Wealthy Investors Are Using Crypto to Buy Real Estate in Europe
NewsJan 10, 2026

Hundreds of Wealthy Investors Are Using Crypto to Buy Real Estate in Europe

Brighty, a Lithuania‑licensed crypto payments platform, has brokered more than 100 apartment purchases for high‑net‑worth individuals across Europe. Transactions range from $500,000 to $2.5 million, with customers spending roughly $50,000 per month on crypto‑funded real estate. The firm relies on blockchain‑analytics...

By CoinDesk
Bitcoin Pulls Back to $90,000 as Early Friday Rally Attempt Fails
NewsJan 9, 2026

Bitcoin Pulls Back to $90,000 as Early Friday Rally Attempt Fails

Bitcoin slipped back to roughly $90,000 after a brief surge to $92,000, posting a 1% decline over the past 24 hours. The pullback occurred as U.S. equities rallied, with the Nasdaq up 1% and the S&P 500 gaining 0.8%. Mixed labor...

By CoinDesk
World's Largest Custodial Bank BNY to Offer Tokenized Deposits for Institutional Investors
NewsJan 9, 2026

World's Largest Custodial Bank BNY to Offer Tokenized Deposits for Institutional Investors

BNY Mellon, the world’s largest custodial bank, has rolled out a tokenized deposit service for institutional investors, mirroring client balances on a permissioned blockchain. The new Digital Assets platform allows on‑chain representation of deposits, delivering near‑instant, 24/7 settlement and streamlined...

By CoinDesk
Crypto Exchange OKX Cuts Institutional Staff Amid Global Restructuring
NewsJan 9, 2026

Crypto Exchange OKX Cuts Institutional Staff Amid Global Restructuring

OKX announced a global restructuring of its institutional business, resulting in roughly one‑third of its institutional salesforce exiting the firm. The cuts, which include both layoffs and voluntary departures, are part of a shift toward a more traditional coverage model...

By CoinDesk
Tether Said to Have Invested up to $50 Million in Crypto Lender Ledn at $500 Million Valuation
NewsJan 9, 2026

Tether Said to Have Invested up to $50 Million in Crypto Lender Ledn at $500 Million Valuation

Tether has invested between $40 million and $50 million in crypto lender Ledn, valuing the company at $500 million. The deal, disclosed by a source, marks Tether’s latest strategic move beyond its core stablecoin business. Ledn, which recently shifted to a bitcoin‑only lending...

By CoinDesk
U.S. Added 50,000 Jobs in December as Unemployment Rate Fell to 4.4%
NewsJan 9, 2026

U.S. Added 50,000 Jobs in December as Unemployment Rate Fell to 4.4%

The U.S. Bureau of Labor Statistics reported that non‑farm payrolls grew by 50,000 jobs in December, falling short of the 60,000 forecast. The unemployment rate dipped to 4.4%, better than the projected 4.5% and down from November’s 4.6%. Revised data...

By CoinDesk
Bitcoin May Be Gearing up for a Rally that Sent Price to $126,000 Last Year
NewsJan 9, 2026

Bitcoin May Be Gearing up for a Rally that Sent Price to $126,000 Last Year

Bitcoin has been confined to an $80,000‑$95,000 range for about 50 days, echoing a similar 52‑day consolidation earlier this year that ended with a surge to $126,000 in October. Analysts label these prolonged, flat periods as time‑based capitulations, where impatient...

By CoinDesk
Toncoin Drops, Falls Through Key Support Levels in Technical Breakdown
NewsJan 9, 2026

Toncoin Drops, Falls Through Key Support Levels in Technical Breakdown

TON fell over 4% in 24 hours, sliding to $1.76 and breaching key support levels at $1.79 and $1.78. A volume spike of 2.14 million TON, well above the seven‑day average, suggests large‑holder or institutional selling pressure. The move contrasts with...

By CoinDesk
Ripple Wins UK Regulatory Approval From Financial Conduct Authority
NewsJan 9, 2026

Ripple Wins UK Regulatory Approval From Financial Conduct Authority

Ripple’s UK subsidiary, Ripple Markets UK Ltd., secured registration with the Financial Conduct Authority under the country’s anti‑money‑laundering regime, enabling it to conduct certain crypto‑related activities in Britain. The approval stops short of a full financial‑services licence but signals Ripple’s...

By CoinDesk
A Ruble Stablecoin Outpaced Market Leaders Last Year Despite International Sanctions
NewsJan 9, 2026

A Ruble Stablecoin Outpaced Market Leaders Last Year Despite International Sanctions

A7A5, a ruble‑linked stablecoin launched in January 2025, added roughly $90 billion to its circulating supply over the past year, outpacing market leaders USDT and USDC. Backed by A7 LLC, a firm tied to state‑owned Promsvyazbank and convicted Moldovan businessman Ilan Shor, the token...

By CoinDesk
Ethereum Treasury Firm SharpLink Stakes $170M ETH on Linea Network
NewsJan 9, 2026

Ethereum Treasury Firm SharpLink Stakes $170M ETH on Linea Network

SharpLink Gaming, the Ethereum treasury firm behind SBET, has allocated $170 million worth of ether to a yield‑generating strategy on ConsenSys’ Linea network. The approach layers native ETH staking, EigenCloud restaking rewards, and incentives from Linea and ether.fi, all under Anchorage...

By CoinDesk
XRP Slips to $2.12 After Liquidations Clear Both Sides of the Futures Book
NewsJan 9, 2026

XRP Slips to $2.12 After Liquidations Clear Both Sides of the Futures Book

XRP slipped to $2.12 on Jan 9 after a two‑step liquidation reset cleared roughly $10 million of both short and long positions on Binance Futures. The price is now trapped between a $2.07‑$2.08 demand pocket and $2.17 resistance, with volume spikes confirming...

By CoinDesk
Bitcoin Holds Near $91,000 as Market Awaits Trump Tariff Ruling: Asia Morning Briefing
NewsJan 9, 2026

Bitcoin Holds Near $91,000 as Market Awaits Trump Tariff Ruling: Asia Morning Briefing

Bitcoin hovered around $91,000 during Asian trading as markets await the U.S. Supreme Court decision on President Trump’s emergency‑powers tariffs slated for Jan 10. Prediction‑market odds on Polymarket show only a 24% chance the Court will fully uphold the tariffs. The...

By CoinDesk
Trump Says He Won't Rescue Sam Bankman-Fried with Pardon
NewsJan 8, 2026

Trump Says He Won't Rescue Sam Bankman-Fried with Pardon

President Donald Trump told the New York Times he will not grant a pardon to former FTX CEO Sam Bankman‑Fried, who is serving a 25‑year fraud sentence. In the same interview he ruled out clemency for rapper Sean “Diddy” Combs and Venezuelan...

By CoinDesk
Bitnomial Wins U.S. Regulator's Nod on Prediction Markets Push, Joins Growing Crowd
NewsJan 8, 2026

Bitnomial Wins U.S. Regulator's Nod on Prediction Markets Push, Joins Growing Crowd

Bitnomial received a CFTC no‑action letter, allowing it to launch a U.S.‑focused prediction‑market service that trades contracts tied to cryptocurrency prices and macroeconomic indicators. The approval follows a recent wave of similar permissions granted to DraftKings, Gemini, Polymarket, PredictIt and...

By CoinDesk
Ethereum Scaling Network Polygon Close to Buying Bitcoin Kiosk Firm Coinme, Sources Say
NewsJan 8, 2026

Ethereum Scaling Network Polygon Close to Buying Bitcoin Kiosk Firm Coinme, Sources Say

Polygon, the Ethereum Layer‑2 scaling solution, is nearing a deal to acquire Bitcoin ATM operator Coinme for between $100 million and $125 million. The acquisition would give Polygon control of a nationwide network of kiosks operating in 49 U.S. states, many of...

By CoinDesk
XRP ETFs See $40M of Outflows After Eight-Week Run of Inflows
NewsJan 8, 2026

XRP ETFs See $40M of Outflows After Eight-Week Run of Inflows

U.S. spot XRP ETFs recorded their first net outflow day since debut, with $40.8 million withdrawn on Jan 7. The outflow was driven primarily by 21Shares’ TOXR, which saw a $47.25 million redemption, while other issuers posted modest inflows or flat activity. Despite...

By CoinDesk
Zcash Governance Clash Tanked the Token. Here's Why It May Not Be as Big as It Seems.
NewsJan 8, 2026

Zcash Governance Clash Tanked the Token. Here's Why It May Not Be as Big as It Seems.

The core development team of the Electric Coin Company (ECC) left Zcash to launch a new company after a governance clash with the nonprofit Bootstrap. The announcement triggered a sharp sell‑off, sending ZEC down roughly 19% despite a 880% rally...

By CoinDesk
Polygon Labs Unveils ‘Open Money Stack’ to Power Borderless Stablecoin Payments
NewsJan 8, 2026

Polygon Labs Unveils ‘Open Money Stack’ to Power Borderless Stablecoin Payments

Polygon Labs announced the Open Money Stack, a modular framework for stablecoin‑based, cross‑border payments. The stack, slated for launch later this year, works across multiple blockchains and bundles on‑chain settlement, fiat access, and compliance tools. By allowing firms to select...

By CoinDesk
Optimism Proposes OP Token Buybacks Using 50% of Superchain Revenue
NewsJan 8, 2026

Optimism Proposes OP Token Buybacks Using 50% of Superchain Revenue

The Optimism Foundation has proposed allocating half of Superchain revenue to repurchase OP tokens, with monthly buybacks slated to begin in February. The plan, which will be voted on Jan 22, draws on sequencer fees from chains like Base, Unichain, and...

By CoinDesk
JPMorgan Says the Crypto Selloff May Be Nearing a Bottom as ETF Outflows Ease
NewsJan 8, 2026

JPMorgan Says the Crypto Selloff May Be Nearing a Bottom as ETF Outflows Ease

JPMorgan analysts say the recent crypto sell‑off may be approaching a bottom, citing easing outflows from Bitcoin and Ether ETFs and stabilising positions in CME futures. Flow data show that both retail and institutional investors have largely completed the de‑risking...

By CoinDesk
CoinDesk 20 Performance Update: Ripple (XRP) Drops 4.5% as Nearly All Assets Decline
NewsJan 8, 2026

CoinDesk 20 Performance Update: Ripple (XRP) Drops 4.5% as Nearly All Assets Decline

CoinDesk 20 index slipped 2.1% to 2,872.95 on Tuesday, reflecting a broad crypto market pullback. Ripple (XRP) was among the worst performers, dropping 4.5%, while APT fell 5%, marking the laggard tier. Only one of the twenty constituents, Polkadot (POL), posted...

By CoinDesk
Stand With Crypto Advocacy Group Sees Nearly 700,000 New Members Ahead of 2026 Election
NewsJan 8, 2026

Stand With Crypto Advocacy Group Sees Nearly 700,000 New Members Ahead of 2026 Election

Stand With Crypto, the Coinbase‑founded advocacy group, added 675,000 new members last year, bringing its U.S. base to roughly 2.6 million across all 50 states. The organization has mobilized its members for political action, filing 925,000 letters in 2025 and over...

By CoinDesk
Tokenized Brazilian Credit Card Debt Offers 13% Yield Through BlackOpal's GemStone Platform
NewsJan 8, 2026

Tokenized Brazilian Credit Card Debt Offers 13% Yield Through BlackOpal's GemStone Platform

BlackOpal’s new GemStone platform will tokenize Brazilian credit‑card receivables, allowing merchants to receive cash instantly at 95 cents on the dollar. The tokens are sold to institutional investors who can earn a USD‑denominated, FX‑hedged 13% annual yield. The initiative uses the...

By CoinDesk
Florida Revives Push for Bitcoin Reserve with New 2026 Bill
NewsJan 8, 2026

Florida Revives Push for Bitcoin Reserve with New 2026 Bill

Florida lawmakers reintroduced House Bill 1039 to create a Strategic Cryptocurrency Reserve Fund managed by the state chief financial officer. The proposal permits discretionary allocation of up to 10% of certain state funds into Bitcoin, with independent audits and an...

By CoinDesk
October's Crypto Crash Left Market Makers Stuffed with Coins, Slowing Trading: BitMEX
NewsJan 8, 2026

October's Crypto Crash Left Market Makers Stuffed with Coins, Slowing Trading: BitMEX

BitMEX’s 2025 State of Crypto Perpetual Swaps report shows the October 10 market crash wiped out $20 billion in leveraged futures and triggered auto‑deleveraging that forced market makers to abandon their short‑hedge positions. The resulting unhedged long spot exposure caused market...

By CoinDesk
Bybit’s Private Wealth Management Delivered 20% Returns Amid a Challenging 2025
NewsJan 8, 2026

Bybit’s Private Wealth Management Delivered 20% Returns Amid a Challenging 2025

Bybit’s Private Wealth Management (PWM) generated a 20.3% APR in 2025, driven by its flagship high‑yield USDT‑based strategies. The top‑performing fund’s Delta Neutral Arbitrage approach proved resilient amid central‑bank tightening, regulatory uncertainty, and volatile crypto markets. High‑net‑worth clients increasingly seek...

By CoinDesk
Solana Accelerate to Open Consensus Hong Kong in February
NewsJan 8, 2026

Solana Accelerate to Open Consensus Hong Kong in February

Solana Accelerate will debut on February 11 as a one‑day program inside Consensus Hong Kong, the three‑day digital‑asset conference running Feb 10‑12. The event pairs Solana’s developer‑focused community with investors, regulators and policymakers gathering in Asia. By embedding Accelerate within Consensus, the Solana...

By CoinDesk
Crypto Credit Is Starting to Look Like Cash Savings Accounts: Asia Morning Briefing
NewsJan 8, 2026

Crypto Credit Is Starting to Look Like Cash Savings Accounts: Asia Morning Briefing

Flowdesk’s 2025 crypto credit review finds yields across staking, stablecoin lending and Bitcoin‑backed loans have compressed as record demand was matched by deeper on‑chain liquidity and tighter arbitrage. ETH staking yields have settled near 2.5% while total value locked approaches...

By CoinDesk
Trump-Linked World Liberty Financial Applies for Federal Bank Charter
NewsJan 7, 2026

Trump-Linked World Liberty Financial Applies for Federal Bank Charter

World Liberty Financial, a crypto firm closely tied to former President Donald Trump, has filed an application with the Office of the Comptroller of the Currency for a national trust charter to launch the World Liberty Trust Company. The new...

By CoinDesk
Solana Mobile Sets Jan. 21 Launch Date for SKR Token, Confirms Airdrop
NewsJan 7, 2026

Solana Mobile Sets Jan. 21 Launch Date for SKR Token, Confirms Airdrop

Solana Mobile announced that its SKR token will launch on Jan. 21, 2026, with a fixed supply of 10 billion. A snapshot for the airdrop has already been taken, reserving 20 % of the supply for eligible users and developers. SKR will serve...

By CoinDesk
XRP Spot Trading Is Now Live on Hyperliquid with Flare's FXRP Listing
NewsJan 7, 2026

XRP Spot Trading Is Now Live on Hyperliquid with Flare's FXRP Listing

Flare has launched FXRP, an on‑chain representation of XRP, on Hyperliquid’s spot market, debuting with an FXRP‑USDC pair. Hyperliquid’s on‑chain order‑book recorded $185 million in 24‑hour volume, offering tighter spreads than typical AMM venues. The FXRP token leverages Flare’s FAssets and...

By CoinDesk
Aptos' APT Falls Amid a Decline in Wider Crypto Markets
NewsJan 7, 2026

Aptos' APT Falls Amid a Decline in Wider Crypto Markets

Aptos’ APT token slipped 1.1% to $1.88, trading within a narrow $0‑$0.11 band as broader crypto markets weakened. Volume spiked 24% above the weekly average, reaching a peak of 5.3 million tokens near the $1.91 resistance level. Technical analysis highlights $1.87...

By CoinDesk
Tokenization 'Supercycle' Set to Drive Crypto’s Next Leg Higher in 2026: Bernstein
NewsJan 7, 2026

Tokenization 'Supercycle' Set to Drive Crypto’s Next Leg Higher in 2026: Bernstein

Bernstein predicts a tokenization “supercycle” beginning in 2026, arguing that crypto markets have likely bottomed after a volatile 2025. The firm maintains its Bitcoin price target of $150,000 for 2026 and $200,000 at the 2027 peak, while noting crypto‑linked equities...

By CoinDesk
World's Elites Want to Invest Big in Crypto and Binance Is Moving to Help Them
NewsJan 7, 2026

World's Elites Want to Invest Big in Crypto and Binance Is Moving to Help Them

Binance has launched Binance Prestige, a white‑glove service aimed at ultra‑wealthy investors with $10 million-plus portfolios. The offering expands on Binance Wealth by handling fiat‑to‑crypto onboarding, large‑order execution using VWAP/TWAP strategies, and tailored custody solutions. Catherine Chen, head of VIP and...

By CoinDesk
Former Brazil Central Bank Official Unveils Real-Pegged Stablecoin with Yield Sharing
NewsJan 7, 2026

Former Brazil Central Bank Official Unveils Real-Pegged Stablecoin with Yield Sharing

Former Central Bank of Brazil director Tony Volpon launched BRD, a real‑pegged stablecoin backed by national Treasury bonds that distributes the sovereign debt yield to token holders. The token targets foreign investors seeking Brazil's 15% benchmark rate, positioning itself against...

By CoinDesk
Rumble Introduces Crypto Wallet with Tether, Allowing Tips in BTC, USDT, XAUT
NewsJan 7, 2026

Rumble Introduces Crypto Wallet with Tether, Allowing Tips in BTC, USDT, XAUT

Rumble has rolled out a non‑custodial crypto wallet built with Tether’s Wallet Development Kit, allowing viewers to tip creators in Bitcoin, USDT, or XAUT directly within the app. The wallet, powered by MoonPay, eliminates traditional payment intermediaries and gives users...

By CoinDesk
Babylon Labs Raises $15 Million From A16z Crypto to Develop Bitcoin Collateral Infrastructure
NewsJan 7, 2026

Babylon Labs Raises $15 Million From A16z Crypto to Develop Bitcoin Collateral Infrastructure

Babylon Labs announced a $15 million investment from a16z crypto to accelerate its BTCVaults infrastructure, which lets native Bitcoin serve as collateral in on‑chain financial applications. The funding will enhance core technology and drive integration with external platforms, while the company’s...

By CoinDesk
Ripple Again Rules Out IPO, Saying Balance Sheet Gives It Room to Stay Private
NewsJan 7, 2026

Ripple Again Rules Out IPO, Saying Balance Sheet Gives It Room to Stay Private

Ripple announced it will not pursue an initial public offering, preferring to remain private while it scales through acquisitions and product development. The company recently closed a $500 million financing round at a $40 billion valuation, backed by investors such as Fortress...

By CoinDesk
Strategy’s STRC Perpetual Preferred Stock Returns to $100, May Trigger More Bitcoin Buying
NewsJan 7, 2026

Strategy’s STRC Perpetual Preferred Stock Returns to $100, May Trigger More Bitcoin Buying

Strategy’s perpetual preferred equity, STRC, reclaimed its $100 par value in pre‑market trading, the first time since early November. The stock now pays an 11% annual dividend, marking its fifth rate increase since launch and delivering roughly an 11% effective...

By CoinDesk
Nike Sells Its NFT and Virtual Sneakers Amid Lack of Digital Art Market Interest: Report
NewsJan 7, 2026

Nike Sells Its NFT and Virtual Sneakers Amid Lack of Digital Art Market Interest: Report

Nike quietly sold its RTFKT digital‑products subsidiary in December, ending a year‑long shutdown of the NFT unit. The company did not reveal the buyer or transaction value, framing the divestiture as a "new chapter" for its community. The move reflects...

By CoinDesk
Bitcoin Slides Toward $91,000 with Two CME Pricing Gaps Coming Into Focus
NewsJan 7, 2026

Bitcoin Slides Toward $91,000 with Two CME Pricing Gaps Coming Into Focus

Bitcoin is hovering just above $91,000 as traders focus on an unfilled CME futures gap that opened over the weekend between $90,600 and $91,600. The gap, created when cash‑settled contracts pause for the weekend, is viewed as a technical magnet...

By CoinDesk
Lloyds Bank Completes UK’s First Gilt Purchase Using Tokenized Deposits
NewsJan 7, 2026

Lloyds Bank Completes UK’s First Gilt Purchase Using Tokenized Deposits

Lloyds Banking Group announced the UK’s first gilt purchase using tokenized deposits, leveraging blockchain technology. The bank partnered with crypto exchange Archax and the privacy‑focused Canton Network to issue tokenized deposits and settle the government bond instantly. The transaction demonstrated...

By CoinDesk
Barclays Invests in Stablecoin Settlement Firm as Tokenized Infrastructure Advances
NewsJan 7, 2026

Barclays Invests in Stablecoin Settlement Firm as Tokenized Infrastructure Advances

Barclays has taken an undisclosed stake in Ubyx, a U.S. startup building a clearing system for tokenized money such as regulated stablecoins and bank deposits. The move signals traditional banks’ growing appetite for blockchain‑based settlement solutions that comply with existing...

By CoinDesk
Hedge Fund Karatage Appoints IMC Veteran Shane O’Callaghan as Senior Partner
NewsJan 7, 2026

Hedge Fund Karatage Appoints IMC Veteran Shane O’Callaghan as Senior Partner

London‑based hedge fund Karatage has appointed Shane O’Callaghan, former global head of institutional partnerships and digital asset sales at IMC Trading, as a senior partner and head of institutional strategy. O’Callaghan previously held senior roles at crypto platform Portofino Technologies...

By CoinDesk
Crypto Traders Can Now Take Leveraged Bets on Silver via Binance Futures
NewsJan 7, 2026

Crypto Traders Can Now Take Leveraged Bets on Silver via Binance Futures

Binance Futures will debut silver perpetual contracts on Wednesday, offering up to 50× leverage and settling in USDT. The contracts have a 5 USDT minimum notional and a funding fee capped at ±2% every four hours. Silver’s 147% rally in 2025...

By CoinDesk
Bitcoin and the Japanese Yen Are Moving Together Like Never Before
NewsJan 7, 2026

Bitcoin and the Japanese Yen Are Moving Together Like Never Before

Bitcoin’s price has become unusually synchronized with the Japanese yen, as the 90‑day correlation coefficient between BTC and Pepperstone’s JPYX index climbed to a record 0.86. This translates to roughly 73 % of Bitcoin’s price swings mirroring movements in the yen...

By CoinDesk