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The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech…

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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated…

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PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) charged the founder of now-defunct crypto and foreign…

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Mavryk Dynamics Secures $5.2M for Blockchain-Powered Real-World Asset Ownership

Mavryk Dynamics aims to simplify RWA tokenization and DeFi integration, making digital asset ownership more accessible.

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Multicoin Leads $8M Investment in GPS Alternative Geodnet

The hyper-accurate location network provides mapping veri down to the size of a golf ball

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AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.

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Grayscale Files for Polkadot ETF, Adding to Portfolio of Offered Funds

This filing follows similar moves for XRP and Cardano ETFs after the SEC adopted a more crypto-friendly approach.

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Dubai Approves Circle’s Stablecoins USDC and EURC for Use in DIFC

The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

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Bitcoin Traders ‘Buy the Dip’ as BTC Price Slips Below $88K, Kraken Says

Traders are buying the taban, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.

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Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations

ETH needs to drop another 19% to trigger the first liquidation.

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Crypto Greed Index Flashes ‘Extreme Fear’ as Market Drops 10%

Tuesday’s drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.

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Bitcoin Slides Below $89K to 3-Month Low as Nasdaq Futures Dip, Japanese Yen Sparks Risk-Off Fears

BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.

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U.S. Bitcoin ETFs Post Year’s 2nd-Biggest Outflows as Basis Trade Drops Below 5%

On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.

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