News from CoinDesk

AI Tokens Fail to Mirror 2024's Epic Surge Despite Bullish Nvidia Conference

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Oliver Knight @ CoinDesk · 01/07/2025 13:30 EDT

AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets. Read more ›

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Bitcoin’s Potential 'Head and Shoulders' Pattern Points to a Sell-Off to $75K: Godbole

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Omkar Godbole @ CoinDesk 3 place · 01/07/2025 12:59 EDT

BTC’s latest price drop might be setting the stage for a major bearish reversal pattern. Read more ›

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Agora’s Nick van Eck Is All-In on Stablecoins

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Mason Marcobello @ CoinDesk · 01/07/2025 12:51 EDT

The man behind AUSD is a true believer in the critical role that stablecoins can play in emerging markets. Read more ›

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Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations

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Krisztian Sandor @ CoinDesk · 01/07/2025 11:46 EDT

Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year. Read more ›

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Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten

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James Van Straten @ CoinDesk · 01/07/2025 11:08 EDT

The renewed correlation poses a short-term risk for bitcoin prices, according to an analyst. Read more ›

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U.S. CFTC Chair Behnam Makes Departure Official, Stepping Down on Inauguration Day

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Jesse Hamilton @ CoinDesk · 01/07/2025 10:57 EDT

Like Securities and Exchange Commission Chair Gary Gensler, CFTC chief Rostin Behnam will exit his job on the day that Donald Trump takes the oath of office. Read more ›

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Why Ether Could Outperform Bitcoin in 2025

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Payal Shah @ CoinDesk · 01/07/2025 10:24 EDT

There are growing signs that ether is poised to lead its more well-established rival in the new year. Read more ›

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How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines

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Tom Carreras @ CoinDesk 2 place · 01/07/2025 10:13 EDT

BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio. Read more ›

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CoinDesk 20 Performance Update: POL and LINK Each Fall 3.1% as Index Declines

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CoinDesk Indices , Tracy Stephens @ CoinDesk · 01/07/2025 09:25 EDT

Bitcoin (BTC) was also among the underperformers, dipping 1.4%. Read more ›

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Ripple Aims to Boost RLUSD Stablecoin's DeFi Utility with Chainlink Standard

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Krisztian Sandor @ CoinDesk · 01/07/2025 08:22 EDT

Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain. Read more ›

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Crypto Daybook Americas: SPX's Cautionary Signal for BTC

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Omkar Godbole, Shaurya Malwa @ CoinDesk · 01/07/2025 07:00 EDT

Your day-ahead look for Jan. 7, 2025 Read more ›

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Gemini Agrees to Pay $5M Settlement in CFTC Case

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Camomile Shumba @ CoinDesk · 01/07/2025 06:57 EDT

The Commodity Futures Trading Commission sued Gemini in 2022 for making misleading statements. Read more ›

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The Next Wave of Corporate Bitcoin Adoption Seems to Be on Its Way

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James Van Straten @ CoinDesk · 01/07/2025 06:51 EDT

Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet. Read more ›

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Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan

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Will Canny @ CoinDesk · 01/07/2025 04:27 EDT

The network hashrate rose 54% in 2024, slower than 2023's 103% gain, the report said. Read more ›

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Dogecoin Futures Set New Record as Analysts Target $1 DOGE in 2025

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Shaurya Malwa @ CoinDesk · 01/07/2025 04:11 EDT

Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization. Read more ›

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Bitcoin Bull Run Could Be Accelerated by China's Market Meltdown, Crypto Observer Says

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Omkar Godbole @ CoinDesk · 01/07/2025 04:00 EDT

Capital flight from China could find home in alternative assets like bitcoin. Read more ›

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FTX EU Sold to Backpack Exchange, Plans Regulated Crypto Derivatives Push Across Europe

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Ian Allison @ CoinDesk · 01/07/2025 03:00 EDT

FTX’s bankrupt European arm, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), was acquired by Backpack for $32.7 million. Read more ›

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Bitcoin Traders Eye $109K as Trump Anticipation Builds, BTC ETFs Rake in Nearly $1B

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Shaurya Malwa @ CoinDesk · 01/07/2025 00:51 EDT

A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say. Read more ›

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This Crypto Fund Blew Past Bitcoin's 121% Price Gain in 2024

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Omkar Godbole @ CoinDesk · 01/07/2025 00:39 EDT

Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play. Read more ›

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Why Binance Employees Are Remote-First

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Richard Teng @ CoinDesk · 01/06/2025 13:24 EDT

A globally distributed workforce allows us to recruit better people and serve our customers more effectively, says Binance CEO Richard Teng. Read more ›

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