by Coin Desk | August 22, 2025 9:10 pm | Crypto News
Shares of ETHZilla (ETHZ), formerly known as biotech firm 180 Life Science, fell nearly 30% Friday after the company disclosed that shareholders filed to offer up to 74.8 million convertible shares.The offering sparked concerns about dilution, a process where existing...
by Coin Desk | August 22, 2025 9:09 pm | Crypto News
Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would...
by Coin Desk | August 22, 2025 9:09 pm | Crypto News
With the chairmanship still an open question for the Commodity Futures Trading Commission — likely to be a leading U.S. watchdog for crypto — its interim leader, Caroline Pham, is getting started on recommendations from the recent crypto report of the...
by Coin Desk | August 22, 2025 9:07 pm | Crypto News
Ether treasury firm SharpLink Gaming (SBET) has authorized a stock purchase program of up to $1.5 billion.SharpLink, which is helmed by Ethereum co-founder and ConsenSys CEO Joseph Lubin, said it will make the repurchases at a time and in amounts that depend on market...
by Coin Desk | August 22, 2025 9:06 pm | Crypto News
XRP Spiked 3% as Federal Reserve Chair Jerome Powell firmly put a September rate cut on the table on Friday, causing bitcoin (BTC) and major tokens to move higher.470 million token selloff drove volume spikes and heavy resistance at $2.92, while ETF delays and weak...
by Coin Desk | August 22, 2025 9:06 pm | Crypto News
Perhaps surprising markets which had expected a hawkish tone, Federal Reserve Chair Jerome Powell firmly put a September rate cut on the table on Friday.Speaking at the Kansas City Fed’s Economic Symposium in Jackson Hole, Powell said the shifting balance of...
by Coin Desk | August 22, 2025 8:10 pm | Crypto News
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3926.49, down 1.1% (-44.65) since 4 p.m. ET on Thursday.None of the 20 assets are trading...
by Coin Desk | August 22, 2025 7:11 pm | Crypto News
Hedera’s native token HBAR is testing a key level of support at $0.23 after selling off by more than 3% on Friday.Trading volume spiked beyond 80 million during crucial intraday windows on August 21.Despite the sell-off, HBAR has a number of bullish catalysts; SWIFT...
by Coin Desk | August 22, 2025 7:11 pm | Crypto News
Haycen, a company focused on trade financing, secured a stablecoin issuance license from the Bermuda Monetary Authority (BMA), the company said Friday.The Digital Asset Business (M) license allows Haycen to issue and manage 1:1 collateralized stablecoins in multiple...
by Coin Desk | August 22, 2025 7:11 pm | Crypto News
Bitcoin (BTC) held a crucial support level at $112,500 overnight, aligned with the 61.8% Fibonacci retracement of its April to July rally. However, the rebound has been muted so far, reflecting cautious positioning ahead of Federal Reserve Chair Jerome Powell’s...
by Coin Desk | August 22, 2025 6:09 pm | Crypto News
By Shaurya Malwa (All times ET unless indicated otherwise)Bitcoin (BTC) is sitting around $113,00 having failed to clear $115,000. Not so long ago, when it was setting new highs and euphoria called for a push to $135,000, those numbers would have sounded wild. Now...
by Coin Desk | August 22, 2025 5:15 pm | Crypto News
European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S.’ new stablecoin law intensifies pressure on the bloc to keep up the pace in the fast-moving world of digital money, the Financial Times reported, The U.S. Congress...
by Coin Desk | August 22, 2025 4:07 pm | Crypto News
South Korea’s largest financial groups are set to meet officials from Tether and Circle Internet (CRCL), issuers of the two largest stablecoins, as early as this week, according to Yonhap.In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank...
by Coin Desk | August 22, 2025 4:07 pm | Crypto News
Binance Australia has been directed to appoint an external auditor by the country’s anti-money laundering (AML) regulator. Australian Transaction Reports and Analysis Centre (AUSTRAC) said it has identified “serious concerns” with the crypto...
by Coin Desk | August 22, 2025 2:16 pm | Crypto News
As Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole approaches, the key question on everyone’s mind is: how volatile could bitcoin (BTC) become?The answer points to slightly above average volatility, not the extreme swings that the widespread attention...
by Coin Desk | August 22, 2025 1:13 pm | Crypto News
Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt.The broader crypto market added just 1% to $3.86 trillion in capitalization, a move analysts described as a bounce on the way...
by Coin Desk | August 22, 2025 12:14 pm | Crypto News
Dogecoin rallied on Tuesday after a string of regulatory and corporate catalysts shifted sentiment across the crypto sector. A $50 million Trump-linked acquisition of a DOGE mining firm, Wyoming’s launch of a state-backed stablecoin, and comments from Federal Reserve...
by Coin Desk | August 22, 2025 12:14 pm | Crypto News
Ripple and SBI Holdings plan to roll out Ripple USD (RLUSD) in Japan, aiming to tap into the country’s emerging stablecoin market under new regulatory frameworks.The two companies announced on Friday that they had signed a memorandum of understanding, in which SBI VC...
by Coin Desk | August 22, 2025 9:23 am | Crypto News
Japanese financial giant SBI Holdings is moving into the red-hot tokenized stock market through a joint venture with Singapore-based blockchain development firm Startale.The companies plan to build an on-chain platform designed for trading tokenized equities and...
by Coin Desk | August 22, 2025 3:04 am | Crypto News
A senior official at the U.S. Department of Justice knew the crypto audience in Wyoming had fresh software developer convictions on its mind when he told them on Thursday that his department doesn’t want to go after digital assets software developers who...
