Latest Crypto News

Markets

Bitcoin’s Hash Rate Hits Record High, Yet Price and Activity Tell Another Story

Despite a record-breaking hash rate, low transaction fees and empty blocks raise concerns about bitcoin’s long-term sustainability.

Hash rate (Glassnode)

Policy

Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations

Sun said at a press conference that the current laws contain systemic loopholes.

Justin Sun speaks at a press conference in Hong Kong (Tron)

Markets

U.S. Recession Odds Surge in Prediction Markets on Tariff Shock. What Next for BTC?

Traders on Polymarket and Kalshi are pricing in an over-50% chance of a U.S. recession this year.

U.S. recession in 2025? (Polymarket)

Markets

XRP in Focus as RLUSD Sees $100M Minted on Ripple Payments Boost

Industry leaders expect RLUSD to further shift crypto market dynamics, where upstarts tether (USDT) and USD Coin (USDC) could see competition from Ripple’s product.

Whales have boosted their coin stash by more than 40% this year. (Pixabay)

Markets

Wobble in Bitcoin, Ether, XRP Prices Cause Crypto Bulls and Bears to See $450M Liquidations Each

Bitcoin and other cryptocurrencies experienced sharp declines after initial gains, reflecting market uncertainty.

Bull/bear (Shutterstock)

Markets

XRP Nears Topping Pattern That Could Lead to a Downtrend, Establishing $1.07 as Support: Technical Analysis

A breakdown of the topping pattern could potentially halve prices to $1.07.

XRP bears chalk out a H&S pattern. (Unsplash, mana5280)

Markets

Bitcoin Nears Death Cross, Yuan Tumbles With Asian Markets After Trump Tariffs Put Focus on China's Response

Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.

U.S. President Donald Trump speaks at the Digital Asset Summit in New York City. (Nikhilesh De)

Policy

U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts

Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.

CoinDesk placeholder image

Markets

Kraken Secures Restricted Dealer Status in Canada Amid 'Turning Point' for Crypto in the Country

Kraken announced it will offer free Interac e-Transfer deposits for Canadian users to reduce friction for newcomers to the platform.

Toronto, Canada (Shutterstock)

Tech

The Protocol: Vana Introduces Token Standard for Data-Backed Assets

Also: Manufacturers are building ASICs that look like servers.

Modern tunnel

Markets

President Trump to Order 'Reciprocal Tariffs' to Begin This Week

Bitcoin retreated to $86,000 in volatile action as the announcements were made.

Trump in the Oval Office

Finance

Wall Street Giant DTCC Unveils Tokenized Collateral Platform in Crypto Push

DTCC is the latest traditional finance firm to tap tokenization and blockchain tech for operational gains.

DTCC is probing the implications of a digital dollar (Kachura Oleg/Getty Images)

Policy

Galaxy Secures UK Approval for License to Expand Derivatives Trading

The company is on the Financial Conduct Authority's investment firms register which is for firms that are authorized to perform MiFID investment services.

UK Flag (Unsplash)

Consensus Toronto 2025 Coverage

Ben Fielding: Decentralizing Machine Intelligence

Gensyn’s CEO on how decentralized AI can compete with Big Tech. Fielding is a speaker at this year’s Consensus festival, appearing at the AI Summit.

Ben Fielding

Markets

First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops

The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.

Justin Sun of TRON and Zak Folkman of World Liberty Financial speaks at Consensus Hong Kong 2025 by CoinDesk (CoinDesk/Personae Digital)