by Coin Desk | August 24, 2025 4:05 pm | Crypto News
Fed Chair Jerome Powell’s speech on Friday at this year’s Jackson Hole Economic Policy Symposium balanced rising inflation risk against a fragile labor market, and the political calendar now raises the odds that his eventual successor will be less cautious on...
by Coin Desk | August 24, 2025 8:04 am | Crypto News
Ether (ETH) is trading near record highs and bullish forecasts like Tom Lee’s $15,000 year-end target have put a spotlight on how investors can best gain exposure to ETH.Market ContextAccording to CoinDesk Data, ether, the second-largest cryptocurrency, is trading at...
by Coin Desk | August 24, 2025 1:04 am | Crypto News
Canadian fintech companies raised $1.62 billion in the first half of 2025, with digital assets and artificial intelligence (AI) startups taking the lion’s share of fresh funding, according to KPMG Canada’s Pulse of Fintech report.While fintech funding slowed...
by Coin Desk | August 24, 2025 12:08 am | Crypto News
Eric Trump is deepening his role in digital assets with reported plans to attend a shareholder meeting in Tokyo, public predictions about bitcoin’s price, and new corporate ventures that extend the Trump family’s crypto push into Asia.Bloomberg reported Friday that...
by Coin Desk | August 23, 2025 10:08 pm | Crypto News
XRP advanced sharply during the Aug. 22–23 session, testing multi-month resistance near $3.10 after weeks of sideways trading. The move coincided with dovish commentary from Federal Reserve Chair Jerome Powell at Jackson Hole, which reinforced expectations of a...
by Coin Desk | August 23, 2025 8:05 pm | Crypto News
AAVE surged nearly 19% to $355 over the past 24 hours, according to CoinDesk Data, leading the top 40 cryptocurrencies by percentage daily gain as investors responded to its recent Aptos expansion and Federal Reserve Chair Jerome Powell’s dovish remarks.What Aave is...
by Coin Desk | August 23, 2025 8:04 pm | Crypto News
Policymakers of various stripes spoke at the SALT Wyoming conference this week in Jackson Hole, Wyoming.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The...
by Coin Desk | August 23, 2025 8:04 pm | Crypto News
For most of its history, bitcoin has been prized as digital gold: an asset to hold rather than use. That passivity has left trillions of dollars’ worth of BTC sitting idle in wallets, disconnected from the yield strategies and composability that define decentralized...
by Coin Desk | August 23, 2025 6:06 pm | Crypto News
Every era of economic transformation has begun the same way: with infrastructure that seems niche – until it isn’t.Early irrigation systems unlocked the first cities. Early railroad networks rewired entire economies. The internet’s core protocols, TCP/IP, turned slow...
by Coin Desk | August 23, 2025 1:15 pm | Crypto News
Meme token climbs to $0.24 peak with volume nearly doubling monthly averages, signaling institutional activity behind the rally.News Background• The Federal Reserve signaled a softer stance on crypto banking rules, while Wyoming launched the first state-backed...
by Coin Desk | August 23, 2025 1:15 pm | Crypto News
Ethereum’s breakout past $4,800 triggered nearly $388 million in liquidations tied to the token in the past 24 hours, data shows, marking the heaviest flush across all crypto assets.The wipeout was part of $769 million liquidated marketwide, with over 183,000 traders...
by Coin Desk | August 23, 2025 1:14 pm | Crypto News
XRP and Solana are showing signs of strength again, with traders pointing to both institutional flows and technical setups as catalysts for a fresh rally.XRP is back above $3 after slipping under its 50-day moving average earlier this week, when whale selling dragged...
by Coin Desk | August 23, 2025 11:04 am | Crypto News
Cryptocurrencies surged late Friday after Federal Reserve President Jerome Powell struck a dovish tone at the Jackson Hole economic symposium, defying market expectations for a more hawkish stance. That has prompted asset managers to call for new all-time highs for...
by Coin Desk | August 23, 2025 4:05 am | Crypto News
Ethereum (ETH) hit a record price of $4,885 on Coinbase on Friday after a speech by Federal Reserve Chair Jerome Powell suggesting interest rate cuts left traders relieved going into the weekend.The token rose nearly 15% over the past 24 hours as part of a broader...
by Coin Desk | August 23, 2025 2:05 am | Crypto News
The head of the U.S. Internal Revenue Service’s digital assets unit, Trish Turner, is leaving her post for the private sector just as new tax policies are set to potentially bring in a wave of crypto work for the agency.As she departs, it’s unclear who...
by Coin Desk | August 23, 2025 1:06 am | Crypto News
Asset manager VanEck has filed to launch a staked solana (SOL) exchange-traded fund (ETF), signaling continued interest in bringing blockchain-native yield-bearing assets to traditional investment rails.The application, submitted Friday as an S-1 registration with the...
by Coin Desk | August 22, 2025 11:06 pm | Crypto News
Oracle network Chainlink’s (LINK) native token sharply rebounded with the broader crypto market following Federal Reserve Chair Jerome Powell’s dovish remarks in Jackson Hole, Wyoming.LINK rallied 12% over the past 24 hours, hitting $27.8, its strongest...
by Coin Desk | August 22, 2025 11:05 pm | Crypto News
Crypto asset manager Bitwise is betting big on bitcoin’s (BTC) future, projecting that the next decade will mark a period of outsized growth for the world’s largest cryptocurrency. In a report published Thursday, Bitwise analysts predicted that bitcoin could become...
by Coin Desk | August 22, 2025 10:06 pm | Crypto News
Crypto traders bought the dip in several Ethereum staking tokens on Friday, lifting the likes of lido (LDO) and ethena (ENA) up by 14% and 15%, respectively.The gains follows a week-long decline that took place alongside a rapid shift in sentiment, which is typically...
by Coin Desk | August 22, 2025 9:10 pm | Crypto News
Bitcoin (BTC) bounced off the $111,800 support level on Friday, sharply rising by 2.6% to $114,800 after Federal Reserve chairman Jerome Powell hinted at potential rate cuts during a speech at Jackson Hole.The swift move, preceded by a sell-off leading up to the...
