Month: January 2025

Crypto exchange Gemini has appointed a new senior management team in Europe and plans to significantly expand its footprint in the region in 2025, the company said in a press release on Thursday. Mark Jennings has joined the company as its new head of Europe and Daniel Slutzkin has...

For the outside world, bitcoin (BTC) dropping $10,000 to $92,000, in a matter of days could signal the end of the bull run. A caveat to this could be that bitcoin continues to consolidate below a key psychological $100,000 threshold. Unconfirmed reports from DB News suggest that the Department...

By James Van Straten (All times ET unless indicated otherwise) The total cryptocurrency industry is now under $3.2 trillion in market capitalization, as over $300 billion has been wiped out since Jan. 6, taking away all early gains for the year, according to the TradingView metric TOTAL. As a...

Cardano’s ADA led losses among crypto majors Thursday as bitcoin weakness showed no signs of stopping, pausing any chances of a rally in altcoins. Bitcoin (BTC) slipped to nearly $93,000 on Wednesday as fresh economic data sent U.S. treasury yields soaring, leading to a fall in equities. The latest...

Investors withdrew substantial amounts from the U.S.-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) Wednesday as macroeconomic uncertainties cast a shadow over the cryptocurrencies’ price prospects. Eleven bitcoin ETFs recorded a combined net outflow of $582 million, marking the second-largest total since these alternative investment vehicles began...

Shifting regulatory tides in the U.S. and favorable price action could set up XRP for a 40% move higher in the near term. Since hitting highs near $2.9 in early December, payments-focused cryptocurrency XRP has lost steam to carve out what is known as a “descending triangle” pattern in...

The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate said Backpack “has no involvement whatsoever in the U.S. Bankruptcy Court-approved process for returning funds to any FTX...

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Features and Opinion Editor. In this issue: HyperLiquid responds to criticism over decentralization StarkWare launches appchains on Starknet Arbitrum deepens ties to South Korea’s Lotte Group Do Kwon criminal...

Solana is ratcheting up testing of Firedancer, the highly anticipated software upgrade that promises to vastly increase the blockchain’s processing speed. By the end of this week, Solana’s core developers want a “super majority” of processing power on the chain’s low-stakes test network to run through Frankendancer, an early...

Already the largest gainer among major cryptos since the U.S. November presidential election, Ripple’s XRP outperformed even more on Wednesday after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Donald Trump. “Great dinner last night … Strong start to 2025,” wrote Garlinghouse on X...