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CoinDesk

CoinDesk is a crypto news publisher. This page aggregates all articles ingested into COINOTAG. Visit the original source via the link below.

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Crypto's worst week since July 2024 deepens as BTC, ETH prices near critical support levels
· CoinDesk Staff

Crypto's worst week since July 2024 deepens as BTC, ETH prices near critical support levels

Crypto is on course for its worst week since July 2024, with ETH approaching critical support at $1,420 as a zcash exploit and AI capital rotation pile on the pressure.

JPMorgan, Bank of America and Citi are going on the blockchain offensive with a shared tokenized network
· CoinDesk Staff

JPMorgan, Bank of America and Citi are going on the blockchain offensive with a shared tokenized network

American's biggest banks are launching a shared tokenized network next year to fight back against the potential threat of stablecoins eating into their deposits.

Bitcoin and ether ETFs end record multi-billion outflow streak
· CoinDesk Staff

Bitcoin and ether ETFs end record multi-billion outflow streak

U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA.

Here's what could happen if bitcoin breaks below $60,000
· CoinDesk Staff

Here's what could happen if bitcoin breaks below $60,000

A confluence of factors makes $60,000 as key level to watch out in the near term, Deribit explained.

BTC price updates: Bitcoin could fall to $60,000, Zcash plunges 37%
· CoinDesk Staff

BTC price updates: Bitcoin could fall to $60,000, Zcash plunges 37%

AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%
· CoinDesk Staff

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

Zcash plummets 30% as Shielded Labs reveals a major bug that went undetected for four years
· CoinDesk Staff

Zcash plummets 30% as Shielded Labs reveals a major bug that went undetected for four years

Shielded Labs revealed that the bug could have helped an attacker print unlimited counterfeit tokens. That could have damaged trust in the token's supply and its value.

Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward
· CoinDesk Staff

Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward

The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.

OCC chief says Democrats applying sole political pressure in World Liberty charter choice
· CoinDesk Staff

OCC chief says Democrats applying sole political pressure in World Liberty charter choice

The regulator rejected claims he's doing President Trump's bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.

Nouriel Roubini's business partner sees bitcoin crashing 70% before rallying to $500,000
· CoinDesk Staff

Nouriel Roubini's business partner sees bitcoin crashing 70% before rallying to $500,000

Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.

Hyperliquid's HYPE drops 10% as Arthur Hayes exits position despite $150 price target
· CoinDesk Staff

Hyperliquid's HYPE drops 10% as Arthur Hayes exits position despite $150 price target

The crypto veteran blamed macro risks and AI mania for taking profits, drawing backlash from traders for selling well below his recent bullish forecasts.

Why tokenization is an ETF-style market structure revolution
· CoinDesk Staff

Why tokenization is an ETF-style market structure revolution

The current tokenization dialogue and pattern resemble ETFs’ early days, which ultimately transformed into a $10+ trillion market, Lie argues.

Ethereum (ETH) news: Not all layer 2s are dying, but many no longer have a reason to exist
· CoinDesk Staff

Ethereum (ETH) news: Not all layer 2s are dying, but many no longer have a reason to exist

In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.

Tom Lee's $250,000 ether (ETH) target would imply $2 million per bitcoin (BTC)
· CoinDesk Staff

Tom Lee's $250,000 ether (ETH) target would imply $2 million per bitcoin (BTC)

Bitmine's chairman told a Paris conference ether would 50x from here on AI and corporate validators. Here's how supply schedule, the ETH-to-bitcoin ratio history and the actual breakdown of staked ether look at those levels.

XRP price news: What next for Ripple-linked token as it sinks to four-month lows
· CoinDesk Staff

XRP price news: What next for Ripple-linked token as it sinks to four-month lows

XRP fell another 7% after losing key support levels, with traders weighing growing institutional demand against one of the token's weakest technical setups in months.

Bitcoin (BTC) isn't broken, says Strategy's (MSTR) Saylor
· CoinDesk Staff

Bitcoin (BTC) isn't broken, says Strategy's (MSTR) Saylor

Bitcoin's drop reflects capital rotation into artificial intelligence, Saylor argues.

Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war
· CoinDesk Staff

Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war

The A7A5 stablecoin was designed to bypass sanctions imposed on Russia following its invasion of Ukraine in 2022.

JPMorgan sees shrinking window for U.S. crypto market structure overhaul
· CoinDesk Staff

JPMorgan sees shrinking window for U.S. crypto market structure overhaul

The Clarity Act still faces several legislative hurdles, and disputes over stablecoin yield have emerged as a key sticking point, the bank said.

Crypto's worst two-day liquidation in months deepens as investors chase the AI trade elsewhere
· CoinDesk Staff

Crypto's worst two-day liquidation in months deepens as investors chase the AI trade elsewhere

BTC price crashed to $61,300 before recovering to $62,500 as $3 billion in liquidations hit over two days and traders loaded up on $60,000 puts anticipating further losses.

Bitcoin supply in loss overtakes profit, a hallmark of bear-market bottoms
· CoinDesk Staff

Bitcoin supply in loss overtakes profit, a hallmark of bear-market bottoms

More than half of the bitcoin in circulation is sitting on unrealized losses as the BTC price tests historically significant bear-market support levels.

ADA under 20 cents as Hoskinson says he is 'taking a break' after warning of ecosystem failures
· CoinDesk Staff

ADA under 20 cents as Hoskinson says he is 'taking a break' after warning of ecosystem failures

Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.

Goldman Sachs teams with Apex, Archax for tokenized real estate fund
· CoinDesk Staff

Goldman Sachs teams with Apex, Archax for tokenized real estate fund

The fund combines blockchain native issuance with established fund structures.