Latest Crypto News

Opinion

Can Non-USD Stablecoins Compete?

Most stablecoins, including the two clear market leaders, are dollar-based. Michael Egorov, founder of decentralized exchange Curve Finance, asks if stablecoins based in other currencies can gain traction.

(John McArthur/Unsplash)

Finance

Bitcoin Mining Stocks Plunge as Revenue Craters Amid Market Carnage

MARA, RIOT, CLSK among mining stocks that fell more than 10% on Monday.

(Scott Olson/Getty Images)

Tech

Cap Raises $11M for Stablecoin Engine as Industry Heats Up

A recent $8 million funding round will be used to develop Cap’s stablecoin engine, which is slated to launch later this year.

Kujira will issue its own stablecoin. (Unsplash, modified by CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: Index Plunges 13.5% as All Assets Trade Lower

Litecoin (LTC) was the top underperformer, declining 19.7% from Friday.

CoinDesk Indices Image

Finance

South Korea’s National Pension Service Eyes Blockchain for $890B Fund's Transactions

The NPS plans to invite blockchain experts and companies to participate in a preliminary disclosure process before starting a research study.

South Korea flag (Planet Volumes / Unsplash)

Markets

President Trump Pushes Fed to Cut Rates, Says There Is ‘No Inflation’

Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, Trump said.

Trump says there is no inflation. (geralt/Pixabay)

Markets

Bitcoin Hashrate Surpasses 1 Zettahash as Miner Revenue Hits Record Low

Network difficulty jumps nearly 7%—the biggest increase since July 2024—driven by an all-time high in hashrate.

BTC: Difficulty Adjustment Percent Change (Glassnode)

Policy

Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT

Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."

Tether CEO Paolo Ardoino (Tether)

Markets

Tariff Fallout Slaps Ether Bulls With Looming $100M Liquidation

ETH whales have been diligent in topping up wallets, but a flash crash could rile the market.

(AbelEscobar/Pixabay)

Markets

Markets in Freefall: Is the Credit Market Forcing the Fed’s Hand?

Futures now price in up to five rate cuts in 2025 as investors bet on an aggressive policy pivot.

Federal Reserve Chair Jerome Powell speaking at virtual press conference on Wednesday. (Federal Reserve, modified by CoinDesk)

Markets

Strategy Treads Water on BTC Bet, While Metaplanet, Semler Reel from Heavy Losses

Strategy’s cushion is narrowing, with an average bitcoin cost basis of $67,458.

Strategy CEO Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Crypto Sell-Off Worsens With XRP, SOL, DOGE Down 20%, Traders See More Pain Ahead of US Open

“We expect crypto markets to dip once US markets open,” one trader said.

Bear

Markets

Tariff-Sensitive Australian Dollar Offers Hope to Bitcoin Bulls as BTC Drops Below $75K

The tariff-sensitive currency has rebounded nearly 100 pips from the Asian session low, suggesting a potential nadir in the selling of risk assets.

Photo of Uluru, Australia

Policy

Hong Kong Regulator Releases Crypto Staking Rules for Licensed Exchanges

Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.

Julia Leung, Chief Executive Officer Securities and Futures Commission (SFC), speaks at Consensus Hong Kong (SFC)