News from CoinDesk

Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

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Krisztian Sandor @ CoinDesk · 06/06/2026 15:58 EDT

A week that began with Strategy's bitcoin sale ended with one of the largest crypto market drawdowns in years. Read more ›

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Single Bitcoin Trader Loses $200M as Crypto Bulls See $1B Liquidations

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Shaurya Malwa @ CoinDesk · 06/13/2025 04:11 EDT

Massive liquidations dampened bullish momentum from Circle’s IPO and revived optimism around DeFi tokens, as over 247,000 traders were wiped out. Read more ›

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Cynthia Lummis Proposes Artificial Intelligence Bill, Requiring AI Firms to Disclose Technicals

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Sam Reynolds @ CoinDesk · 06/13/2025 02:30 EDT

Sen. Cynthia Lummis' RISE Act sets new transparency standards for AI liability protection, mandating disclosures without forcing companies to open-source their models. Read more ›

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Asia Morning Briefing: Could 3AC and Terraform be Blamed for Singapore's Crackdown on Offshore Crypto Firms?

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Sam Reynolds @ CoinDesk · 06/12/2025 21:47 EDT

What began with Terra and 3AC ends in the Monetary Authority of Singapore's final crackdown on regulatory arbitrage. Read more ›

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Bitcoin 'Skew' Slides as Oil Prices Surge 6% on Israel-Iran Tensions

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Omkar Godbole @ CoinDesk · 06/12/2025 21:37 EDT

Bitcoin's price fell to its 50-day simple moving average, while oil prices surged due to geopolitical tensions. Read more ›

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Bitcoin Tumbles Below $104K as Israel Strikes Iran

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Sam Reynolds @ CoinDesk · 06/12/2025 20:33 EDT

Al-Jazeera reports that explosions were heard in Tehran. Read more ›

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Ethereum Treasury Firm SharpLink Gaming Plunges 70% – But There May Be a Twist

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Krisztian Sandor @ CoinDesk · 06/12/2025 19:42 EDT

The company earlier raised $450 million in a private placement round from investors to pursue an ETH reserve strategy. Read more ›

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Crypto Cracks Late in Day, Bitcoin Slumps Below $106K

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Tom Carreras @ CoinDesk · 06/12/2025 17:13 EDT

Troubling macro headlines concerning the Middle East and tariffs failed to shake U.S. stocks, but cryptocurrencies sold off. Read more ›

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Coinbase to Launch Bitcoin Rewards Card With Amex, While Eyeing U.S. Futures Expansion

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Krisztian Sandor @ CoinDesk · 06/12/2025 16:49 EDT

The Coinbase One Card, issued in partnership with American Express, will offer up to 4% rewards in bitcoin after purchases and other perks. Read more ›

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Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide

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Will Canny @ CoinDesk · 06/12/2025 14:30 EDT

The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year. Read more ›

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Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research

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Tom Carreras @ CoinDesk · 06/12/2025 13:16 EDT

U.S. economic resilience and stablecoin legislation will drive optimism for BTC, with the fate of altcoins being less certain. Read more ›

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DeFi Adding $5B of Solana Buying Power With New Line of Credit

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Krisztian Sandor @ CoinDesk · 06/12/2025 11:52 EDT

The move will allow the Nasdaq-listed firm to add to its 609,000 SOL stack as of May 16. Read more ›

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Donald Trump: Administration Will Work Toward 'Clear and Simple' Crypto Frameworks

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Nikhilesh De @ CoinDesk · 06/12/2025 11:19 EDT

The U.S. president addressed an annual Coinbase event. Read more ›

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The Protocol: Polygon, Once a Scaling Leader, Eyes a Revamp

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Margaux Nijkerk @ CoinDesk · 06/12/2025 11:18 EDT

Also: EF Treasury Policy, Increase of OP_CAT Data Limit, and Plume Genesis Goes Live. Read more ›

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AVAX Rebounds From Key Support After 6% Plunge

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CD Analytics @ CoinDesk · 06/12/2025 11:07 EDT

Avalanche's token’s recovery from oversold conditions suggests potential for continued upward momentum if newly established support holds. Read more ›

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NEAR Protocol Plunges 9% as Volatility Spikes Despite User Growth

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Oliver Knight @ CoinDesk · 06/12/2025 11:03 EDT

Network becomes second most popular L1 blockchain with 46 million monthly active users, yet price struggles amid inflation concerns. Read more ›

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Crypto for Advisors: The Relationship Between Bitcoin and Altcoins

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Gregory Mall @ CoinDesk · 06/12/2025 11:00 EDT

Bitcoin’s new all-time high is both a milestone and potential signal: the next phase may belong to the broader crypto asset universe. Read more ›

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TON Slips as Selling Pressure Mounts Despite Recovery Attempts

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CD Analytics @ CoinDesk · 06/12/2025 10:55 EDT

Telegram’s token faces headwinds despite showing signs of potential support formation on the short-term. Read more ›

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Singapore's Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury

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Shaurya Malwa @ CoinDesk · 06/12/2025 10:49 EDT

Trident Digital’s plan would make it among the first public companies to hold XRP as a core treasury asset. Read more ›

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Crypto Lending Platform Morpho V2 Brings DeFi Closer to Traditional Finance

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Ian Allison @ CoinDesk · 06/12/2025 10:00 EDT

Morpho V2 delivers market-driven fixed-rate, fixed-term loans with customizable terms to meet the demands of institutions and enterprises. Read more ›

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Bittrue Hacker Funnels $30M Through Tornado Cash, Made $9.3M by Trading Ether

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Oliver Knight @ CoinDesk · 06/12/2025 09:55 EDT

The hacker laundered the ETH after the asset nearly doubled in the past two months. Read more ›

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