Bitcoin Reclaims $75,000 as Iran Ceasefire Talks Advance, Equities Rally Resumes
Bitcoin surged past $75,000, gaining 1.5% in 24 hours, as Iran confirmed a second‑round cease‑fire delegation to Pakistan, easing geopolitical risk. The rally coincided with a modest rebound in the MSCI All Country World Index and modest declines in commodities. Spot Bitcoin ETFs attracted nearly $1 billion in net inflows last week, while mining firms sold a record 32,000 BTC in Q1, highlighting mixed supply‑demand dynamics. Funding rates on Bitcoin perpetual futures have stayed negative for 46 consecutive days, the longest stretch since the 2022 FTX collapse.
Ripple Wants the XRP Ledger to Be Quantum-Proof by 2028. Here Is Its Plan
Ripple announced a four‑phase roadmap to make the XRP Ledger quantum‑resistant by 2028. The plan starts with an emergency “Q‑day readiness” phase that would require all funds to move to quantum‑safe accounts and enable recovery via zero‑knowledge proofs. Subsequent phases...
Bitcoin Bounces Above $76,000 as DeFi Suffers $14 Billion Exodus After KelpDAO Hack
Bitcoin surged past $76,000, gaining about 2.4% despite heightened Iran‑war tensions that lifted oil to near $90 a barrel. Spot‑ETF inflows and modest leverage underpin the rally, concentrating capital in large‑cap assets while altcoins lag. Meanwhile, the $292 million KelpDAO exploit...
Five Times President Trump Made a Statement that Moved Bitcoin, and Why It Might Happen Again This Week
President Donald Trump’s social‑media posts and policy remarks have repeatedly sparked sharp Bitcoin moves, with five documented incidents causing price swings between 5% and 12%. The most dramatic were a 7.1% drop after his 2019 anti‑crypto tweet and a 12.4%...
Bitcoin Faces Near-Term Pressure as Liquidity Tightens, Hilbert Group CIO Says
Hilbert Group chief investment officer Russell Thompson warns that global liquidity could contract by 20‑25%, creating near‑term headwinds for Bitcoin. He expects the U.S. Treasury and Federal Reserve to respond with tools such as a Treasury General Account draw‑down, supplementary...
UK Gas-Investment Firm Weighs Bitcoin Mining, Draws Criticism
London‑based Reabold Resources, a gas‑investment firm, is evaluating a pilot gas‑powered bitcoin mining operation at its West Newton A well in northern England. The company says the venture will generate revenue to fund further development of the on‑shore gas field...
Stablecoins Can Help Businesses Turn Costs Into Revenue, Paxos Labs Cofounder Says
Paxos Labs raised $12 million to build an Amplify Suite that lets firms earn yield, borrow against digital assets, and mint branded stablecoins. The utility stack moves stablecoins from basic payment rails to revenue‑generating tools, enabling merchants to slash 2‑3% transaction...
Aave Sees $6 Billion Deposit Drop as Kelp Hack Exposes Structural Risk for DeFi Lender
Aave’s total value locked plunged from $26.4 billion to roughly $20 billion after a hack on the Kelp bridge allowed attackers to deposit 116,500 rsETH (about $292 million) as collateral and borrow $196 million of wrapped ether. The exploit did not breach Aave’s contracts...
Nomura Study Says 65% of Institutional Investors See Crypto as a Vital Portfolio Diversifier
A Nomura and Laser Digital survey of over 500 Japanese investment professionals shows 65% of institutional investors now view crypto as a vital portfolio diversifier. Positive sentiment rose to 31% from 25% in 2024, and 79% of those considering exposure...
One Person Holds the Keys to $200 Million of a Project’s Crypto. His Co-Founder Says that Has to End
NEO co‑founder Erik Zhang controls roughly $200‑250 million worth of NEO and GAS tokens in a personal, single‑signature wallet, while the project’s treasury holds about $460 million in crypto and cash. Co‑founder Da Hongfei has proposed a restructuring that would move the...
2026's Biggest Crypto Exploit: $292 Million Gets Drained From Kelp DAO with Wrapped Ether Stranded Across 20 Chains
An attacker exploited Kelp DAO's LayerZero‑powered bridge, draining 116,500 rsETH worth about $292 million—roughly 18% of the token’s circulating supply. The hack triggered emergency freezes across DeFi platforms such as Aave, SparkLend, Fluid and Upshift, and contributed to a 10% drop...
From Smelters to Servers: Alcoa to Cash in on Crypto’s Thirst for Energy
Alcoa is in advanced talks to sell its dormant Massena East aluminum smelter in upstate New York to Bitcoin mining firm NYDIG, with a target closing in mid‑2026. The plant, idle since 2014, retains a robust high‑voltage electrical system and direct access...
AI Is Increasingly Eating Into VC Fundings and Here Is How Crypto Firms Are Adapting
AI companies secured $242 billion in early 2026, representing roughly 80% of global venture capital, while crypto firms allocated 40% of their VC dollars to AI‑focused projects in 2025—more than double the previous year. The influx of AI capital is prompting...
XRP Leads Majors with 8% Weekly Outperformance, What Next After Breakout
XRP surged about 8% over the past week and 3% on the day, outpacing Bitcoin and Ether in a measured advance. The token is testing a key $1.44 resistance while holding $1.40 support and trading above its 200‑day EMA. Volume,...
Strategy Proposes Semi-Monthly Dividends on Its Popular STRC Preferred Stock
Strategy (MSTR) proposes moving dividend payments on its high‑yield STRC preferred stock from monthly to semi‑monthly, while keeping the 11.5 % annual yield unchanged. The amendment, if approved by the June 8 proxy vote, would trigger the first semi‑monthly payout on July 15....
Don’t Get AI Agents and Stablecoin Transfers? Enroll in CoinDesk University
CoinDesk is debuting a School of Stablecoins and Agentic Commerce at the Consensus 2026 conference in Miami, May 5‑7. The program offers hands‑on workshops that walk finance, product and executive teams through USDC wallet creation, stablecoin use cases, and AI‑agent deployment...
Bitcoin Rises Past $76,000, Aiming at Major Breakout as Oil Plunges on Iran Cooldown
Bitcoin surged past the $76,000 mark, climbing to $77,014 and gaining roughly 3% in the last 24 hours, as the Strait of Hormuz was declared fully open. The announcement triggered a near‑10% drop in WTI crude, which fell to $85.90...
France's Finance Minister Calls for More Euro Stablecoins in Sign of Government Policy Shift
French Finance Minister Roland Lescure urged the EU banking sector to expand euro‑stablecoins and explore tokenized deposits, backing the Qivalis consortium’s plan to launch a euro‑pegged stablecoin in late 2026. He criticized the current low volume of euro‑stablecoins compared with...
VerifiedX Brings Privacy Layer to Bitcoin as Institutional Demand for Confidentiality Grows
VerifiedX unveiled Prism, a zero‑knowledge‑powered privacy layer that adds confidential transaction capabilities to Bitcoin via its vBTC and VFX token. The system encrypts balances and supports shielded addresses while allowing selective disclosure for auditors and regulators. The launch aligns with...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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....
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...
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....
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...
Bitcoin Erases Weekend Decline, Returns to $73,400 as Oil Retreats Back Under $100
Bitcoin erased a 4% weekend slide, climbing to $73,400 by the close of Monday’s U.S. session. The rally coincided with a broader risk‑asset bounce, as the Nasdaq rose 1.2% and oil slipped back below $100 a barrel. MicroStrategy’s Strategy (STRC)...
Coinbase VP of International Policy Leaves for OpenAI
Tom Duff Gordon, Coinbase’s vice‑president of international policy, has left the cryptocurrency exchange after nearly four years to become OpenAI’s head of EMEA Policy. Gordon brings eight‑plus years of banking experience from Credit Suisse and a reputation for navigating complex...
Crypto Wallet Firm Exodus Sues W3C and Its CEO Garth Howat, Seeking to Compel $175M Acquisition
Exodus Movement has filed a lawsuit in the Delaware Court of Chancery to compel W3C and its CEO Garth Howat to complete a $175 million acquisition agreed in November 2025. The complaint alleges that Howat and W3C accepted $80 million in loans...
White House Crypto Adviser Witt Says Other Clarity Act Hurdles Being Cleared
White House crypto adviser Patrick Witt told CoinDesk that a newly‑crafted compromise on stablecoin yield remains intact, clearing a major obstacle for the Digital Asset Market Clarity Act in the Senate. He said the agreement, which eases banks’ fears about...
U.S. SEC Says Software Allowing Crypto Wallet Transactions Not Considered Broker
The U.S. Securities and Exchange Commission staff issued a policy statement that software platforms enabling users to trade crypto securities through self‑hosted wallets will not be classified as broker‑dealers, provided they avoid certain activities. The guidance outlines a checklist—no solicitation...
Crypto Exchange Kraken Targeted in Extortion Attempt but Says There Was No Breach and No Client Funds at Risk
Kraken disclosed that a criminal group tried to extort the exchange by threatening to release internal videos, but the firm says no breach occurred and client funds were never at risk. The extortion relates to two insider‑related incidents in which...
Circle CEO Says He Won’t Freeze USDC without a Court Order Even as Hackers Walk Away with Millions
Circle CEO Jeremy Allaire reiterated that the company will only freeze USDC wallets when directed by a court order or law‑enforcement request, rejecting real‑time intervention during hacks. Critics, citing incidents such as the recent $280 million Drift Protocol exploit, argue that...
CFTC Chair Mike Selig Argues for Agency's 'Exclusive Regulatory Authority' In Prediction Markets Fight: State of Crypto
CFTC Chair Mike Selig told CoinDesk the commission will continue to defend its exclusive regulatory authority over prediction markets in court. He said the agency’s lawsuits against Arizona, Illinois and Connecticut, along with an upcoming Ninth Circuit case, reinforce the...
DeFi’s Shakeout Is a Stress Test, Not a Death Sentence
DeFi is undergoing a shake‑out as protocols like ZeroLend close and others pause operations, reflecting a bear‑market contraction. Total value locked dropped from $167 billion to $100 billion, while stablecoin market cap rose above $300 billion, indicating capital rotation toward lower‑volatility assets. Institutional...
Bitcoin May Be Forming a Base at $65,000 as 'Paper Hands' Have Been Flushed Out
Fidelity’s global‑macro director Jurrien Timmer says Bitcoin is likely forming a base around $65,000 as selling pressure eases. He points to oil backwardation, stable credit spreads and a S&P 500 drawdown of only about 1% as evidence that markets are pricing...
Oil Futures up 7% on Hyperliquid as Trump Orders Naval Blockade of Hormuz
Oil futures surged on the decentralized Hyperliquid exchange after President Donald Trump ordered a naval blockade of the Strait of Hormuz, a key chokepoint for global petroleum shipments. West Texas Intermediate (WTI) contracts jumped 7% to $96.40, while Brent rose...
Market Makers Are Fleeing Public Blockchains to Protect Their Secret Trading Playbooks
Market makers are abandoning public crypto exchanges because their strategies are exposed on‑chain, prompting GoQuant to launch GoDark, a Solana‑based DEX that hides trade details with zero‑knowledge proofs. The platform promises order‑matching speeds of 25–50 ms, a notable improvement over most...
Commodity Traders Are Getting Debanked Due to Iran War, Pushing Them to Rely on Stablecoins
Commodity traders in Europe are being "debanked" as banks pull back from Iran‑linked transactions due to heightened compliance risk. To replace traditional rails, traders are increasingly using stablecoins, especially Tether's USDT, for cross‑border settlement. Haycen, a trade‑finance‑focused stablecoin issuer, is...
Tron’s Justin Sun Slams Trump-Backed WLFI for Treating Users as ‘Personal ATM’ After $75 Million DeFi Loan
Tron founder Justin Sun has severed ties with Trump‑backed World Liberty Financial (WLFI) after the firm deposited 5 billion WLFI tokens (≈$395 million) on DeFi lender Dolomite and borrowed roughly $75 million in stablecoins. The loan drove Dolomite’s USD‑1 pool to 100 % utilization,...
Musk’s SpaceX Holds $603 Million in Bitcoin Despite $5 Billion Loss Stemming From xAI
SpaceX reported a near $5 billion loss for 2025 after the costly integration of Elon Musk’s AI venture xAI, even as revenue rose to $18.5 billion. Despite the downturn, the company’s treasury still holds 8,285 BTC—about $603 million—safely stored in Coinbase Prime. The Bitcoin...
Bitcoin Signals Potential Seller Exhaustion as Realized Losses Decline
On‑chain data shows Bitcoin’s realized losses have dropped to about $400 million per day, down from a $2 billion peak, while the profit‑to‑loss ratio climbed to 1.4. Spot markets are moving from aggressive selling toward net buying, and the price has steadied...
The Crypto Honeymoon Is over for Now as Analysts Warn of a Major First-Quarter Profit Squeeze
Wall Street analysts have cut forecasts for Coinbase and other crypto exchanges as trading volumes and token prices plunge to their weakest levels since late 2023. Barclays downgraded Coinbase and now expects adjusted EBITDA about 24% below prior Street estimates, while...