Month: May 2025

Bee Maps, a project on Hivemapper, one of the largest decentralized physical infrastructure networks (DePIN) focused on mapping data on Solana, shared Wednesday that it has teamed up with ride-hailing giant Lyft to provide them more accurate mapping data. The move underscores the growing role of crowdsourced geospatial intelligence...

Like springtime in New York City, the crypto market got hot, all at once, in early May. After weeks of navigating choppy seas, influenced in part by anxieties surrounding the administration’s trade brinksmanship, a palpable shift in sentiment propelled the crypto sphere into a notable rally. Bitcoin shape-shifted from...

Crypto insurer Chainproof announced a new product Wednesday that lets Ethereum stakers protect against slashing and guarantees them a minimum yearly yield. Slashing, while rare, is a big concern for stakers. It’s a feature that keeps the validators who process transactions on Ethereum in check by taking away some...

XRP (CRYPTO: XRP) price climbed 5.46% to $2.55 on Tuesday. The upward movement extends its weekly gains to 18%, as reported by CoinMarketCap data. A massive spike in trading activity has been the major factor behind XRP’s price surge.  XRP’s trading volume has skyrocketed by nearly 140% in the...

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A momentum indicator, with a strong track record of forecasting major bitcoin (BTC) price moves, has flipped bullish, reinforcing analysts’ recent predictions of a rally to $150K–$200K. The technical analysis indicator is called the...

Thailand’s Ministry of Finance is set to issue 5 billion baht ($150 million) of its digital investment token – the G-Token, to raise funds from the public, Finance Minister Pichai Chunhavajira said at a Tuesday briefing. This story was originally reported by Bloomberg. The announcement came after the cabinet...

Messaging app Telegram has closed thousands of channels belonging to suspected Chinese crypto-crime marketplaces after new research shed light on the situation, according to Elliptic. The closure follows a report published by the blockchain analytics firm on Tuesday into the fast-growing Telegram-based marketplace called Xinbi Guarantee. The Colorado-incorporated marketplace...

Global markets are navigating uncertain waters as trade tensions between major economies intensify, creating ripple effects across traditional and cryptocurrency markets. Against this backdrop, Solana has emerged as a standout performer, surging over 5% in a volatile 24-hour period and establishing new support above the crucial $180 level for...

JPMorgan (JPM) took its first step onto a public blockchain network through its Kinexys Digital Payments platform, settling a tokenized U.S. Treasury transaction on Ondo Chain’s testnet. The pilot, detailed in a press release shared with CoinDesk, marks the debut of a Delivery versus Payment (DvP) transaction on the...

Summer Mersinger, one of the Republican commissioners at the Commodity Futures Trading Commission, will soon take over the Blockchain Association as its incoming chief executive, a top official at the association confirmed on Wednesday. The organization, one of the leading crypto lobbying voices in Washington, will be absent a...