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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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Tom Lee's Bitmine (BMNR) to offer preferred stock with 9.5%, following Strategy's playbook
· CoinDesk Staff

Tom Lee's Bitmine (BMNR) to offer preferred stock with 9.5%, following Strategy's playbook

The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.

Ethereum news: ETH falling below $1,800 leaves Tom Lee's Bitmine (BMNR) with $8.9 billion paper loss
· CoinDesk Staff

Ethereum news: ETH falling below $1,800 leaves Tom Lee's Bitmine (BMNR) with $8.9 billion paper loss

Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.

New DeFi entrant widens field of crypto political campaign funds as elections loom
· CoinDesk Staff

New DeFi entrant widens field of crypto political campaign funds as elections loom

The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade
· CoinDesk Staff

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade

Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.

Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer
· CoinDesk Staff

Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer

Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.

Rare physical bitcoin worth $1.78 million gets cashed in after 12 years
· CoinDesk Staff

Rare physical bitcoin worth $1.78 million gets cashed in after 12 years

The S1-COIN-25 physical bitcoin, part of Mike Caldwell's 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.

ETF flows, not Strategy's sale, remain key bitcoin driver: Citi
· CoinDesk Staff

ETF flows, not Strategy's sale, remain key bitcoin driver: Citi

Strategy's unloading of bitcoin may have rattled markets, but Citi said the bigger issue for BTC is a missing bid from new buyers.

BTC price prediction: This model puts bitcoin's fair value at $224,000
· CoinDesk Staff

BTC price prediction: This model puts bitcoin's fair value at $224,000

The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.

Kraken parent plans to offer tokenized IPO access as investors await SpaceX, Anthropic debut
· CoinDesk Staff

Kraken parent plans to offer tokenized IPO access as investors await SpaceX, Anthropic debut

Payward aims to give retail investors access to IPO shares at the offering price through tokenized equities.

IREN stock news: shares gain on new AI data center
· CoinDesk Staff

IREN stock news: shares gain on new AI data center

The AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.

Clarity Act survival depends on the U.S. Senate getting a lot of non-crypto work done
· CoinDesk Staff

Clarity Act survival depends on the U.S. Senate getting a lot of non-crypto work done

The dwindling congressional calendar may spur a legislative competition for the crypto market structure bill to win Senate floor time against other priorities.

Bitcoin price news: BTC bounces from overnight tumble to $65,000, but remains under pressure
· CoinDesk Staff

Bitcoin price news: BTC bounces from overnight tumble to $65,000, but remains under pressure

One novel theory floating around social media says it's Iranian sanctions, not Strategy sales, that's behind this week's price crash.

Bitcoin falls to lowest Power Law valuation zone since FTX collapse
· CoinDesk Staff

Bitcoin falls to lowest Power Law valuation zone since FTX collapse

The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.

Grayscale launches lowest-fee U.S. Hyperliquid ETF as competition heats up around HYPE
· CoinDesk Staff

Grayscale launches lowest-fee U.S. Hyperliquid ETF as competition heats up around HYPE

The Nasdaq-listed fund charges a 0.29% sponsor fee, undercutting rival Hyperliquid ETFs from 21Shares and Bitwise.

Coinbase said to be looking into participating new stablecoin platform backed by Stripe, Visa, Mastercard
· CoinDesk Staff

Coinbase said to be looking into participating new stablecoin platform backed by Stripe, Visa, Mastercard

U.S. crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.

Crypto PACs go undefeated in June primaries as Fairshake scores bipartisan winning streak
· CoinDesk Staff

Crypto PACs go undefeated in June primaries as Fairshake scores bipartisan winning streak

Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min and Rob Menendez, as well as Republican Sen. Mike Rounds, with Democrats accounting for 10 of the 11 victories.

BTC claws back losses but remains trapped as crypto-equity divergence deepens
· CoinDesk Staff

BTC claws back losses but remains trapped as crypto-equity divergence deepens

A modest BTC recovery does little to mask a 9.5% weekly decline, as U.S. stocks hit records, AI tokens rally and Coinbase's Ethena deal steals the spotlight.

Privacy-focused Zcash blockchain has not produced a block for four hours
· CoinDesk Staff

Privacy-focused Zcash blockchain has not produced a block for four hours

The Zcash blockchain didn't produce new blocks for more than four hours on June 3.

Premier League soccer clubs warned about unauthorized crypto firms' sponsorship
· CoinDesk Staff

Premier League soccer clubs warned about unauthorized crypto firms' sponsorship

The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals.

Trezor says users' crypto is safe after Ledger researchers uncover chip flaw
· CoinDesk Staff

Trezor says users' crypto is safe after Ledger researchers uncover chip flaw

The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equipment and advanced expertise to exploit.

TradFi will sit out DeFi growth until security issues are resolved, executives say
· CoinDesk Staff

TradFi will sit out DeFi growth until security issues are resolved, executives say

Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.

Banks' survey says people don't want to rock the boat if stablecoin yield risks lending
· CoinDesk Staff

Banks' survey says people don't want to rock the boat if stablecoin yield risks lending

The American Bankers Association, which lobbies against the crypto sector over the Clarity Act's stablecoin section, unveiled its new polling.

Franklin Templeton says Wall Street fears blockchain because it threatens its profits
· CoinDesk Staff

Franklin Templeton says Wall Street fears blockchain because it threatens its profits

Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.