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Coinbase-Backed Zora to Airdrop Token After a Week of Contentious Promotions

Onchain social media platform Zora said its ZORA token will go live on April 23,…

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Strategy Buys $555M of Bitcoin, Increases Total Stash to 538,200 BTC

Strategy (MSTR) has added 6,556 bitcoin (BTC) to its balance sheet, spending $555.8 million in…

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Bitcoin’s Breakout Signals BTC Potentially Rallying to $90K-$92K: Technical Analysis

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.…

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Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains

Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week. Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over the past 24 ...

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President Trump Pardons Arthur Hayes, 2 Other BitMEX Co-Founders: CNBC

Arthur Hayes, the former CEO of crypto exchange BitMEX, has been granted a pardon by U.S. President Donald Trump, according to a Friday report from CNBC. Trump reportedly also pardoned Hayes’ co-founders at BitMEX, Samuel Reed and Benjamin Delo. In ...

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FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals

The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed institutions from the digital assets sector as they waited ...

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CoreWeave Stock Debuts at $39 After Selling Shares for $40 A Piece

Shares of CoreWeave (CRWV) opened at $39 apiece during the company’s debut on Nasdaq on Friday afternoon, just under its initial public offering which closed Thursday evening. The cloud computing firm had sold roughly 37.5 million shares at $40 each ...

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Crypto Card Firm Baanx Partners With Circle for Rewards Wallet

Baanx, a cryptocurrency debit card enabler for the likes of MetaMask and 1inch, has introduced a rewards wallet combining on-chain finance with traditional loyalty perks and discounts, using underlying technology from Circle, the provider of the USDC ...

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A Public Company Boasting Trump’s Sons on Advisory Board Is Buying BlackRock Bitcoin ETFs

An investment firm with ties to U.S. President Donald Trump’s sons, Eric and Donald Trump Jr., is putting some of its excess cash into a spot bitcoin exchange-traded fund (ETF) — an unusual twist on the increasingly popular strategy of holding ...

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Strategy Holders Might be at Risk From Michael Saylor’s Financial Wizardry

Is Strategy (MSTR) in trouble? Led by Executive Chairman Michael Saylor, the firm formerly known as MicroStrategy has vacuumed up 506,137 bitcoin (BTC), currently worth roughly $44 billion at BTC's current price near $87,000, in the span of about ...

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Crypto Bill to Combat Illicit Activity Gets New Push After Passing U.S. House in 2024

U.S. Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) reintroduced a bill to help combat illicit finance and terrorist financing on digital asset platforms after the previous version passed the House of Representatives last year failed to ...

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Grayscale Files for Spot Avalanche ETF
on Nasdaq

Nasdaq submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to approve the listing of a spot Avalanche exchange-traded fund (ETF) managed by Grayscale. Grayscale already manages an Avalanche Trust that carries a 2.5 ...

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Galaxy Digital Reaches $200M Settlement Agreement With NYAG Over LUNA Investments

Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will hisse $200 million as a settlement with the New York Attorney General's (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022. The firm will ...

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