Month: May 2025

David Bailey, CEO of BTC Inc., the owner of Bitcoin Magazine, is planning to launch a publicly traded bitcoin (BTC) investing company, The Information reported, citing people familiar with the matter. Bailey, who advised Donald Trump on crypto policy during his 2024 presidential campaign, is reportedly seeking $200 million...

Bitcoin could be getting closer to having a place at the government table. Morgan Stanley states that the world’s largest cryptocurrency is now large enough to be held as a reserve asset by the United States. The bank cited Bitcoin’s $1.07 trillion market capitalization as one of the reasons...

Crypto.com is growing its U.S. presence with a new regional office in Washington, D.C. This development comes as 21Shares has introduced a new Exchange-Traded Product (ETP) that gives investors regulated access to Crypto.com-supported blockchain Cronos. Return to the American Market According to a May 7 press release shared with...

Binance-affiliated BNB Chain has rebounded after a period of stagnation in 2023 amid accelerating institutional and decentralized finance (DeFi) adoption.  During the past year, BNB Chain has benefited from multibillion-dollar inflows into DeFi, US exchange-traded funds (ETFs), and rising trading volume at affiliated centralized exchange (CEX) Binance.  Consequently, the...

Robinhood is developing a blockchain-based program to allow traders in Europe access to U.S. financial assets, two people familiar with the matter told Bloomberg. Three blockchains, including Arbitrum (ARB), Ethereum (ETH) and Solana (SOL) are reportedly being considered for the new platform which will be in partnership with a...

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Ethereum Activates ‘Pectra’ Upgrade, Raising Max Stake to 2,048 ETH Bitcoin Developers Plan OP_RETURN Limit Removal in Next Release...

U.S. stocks closed higher Wednesday after the Federal Reserve kept interest rates unchanged and Chair Jerome Powell acknowledged growing uncertainty surrounding the economic outlook.  The S&P 500 edged up 0.43%, while the Nasdaq Composite rose 0.27% and the Dow Jones…...

Coinbase Global (NASDAQ:COIN) could show the company’s leadership in the cryptocurrency ecosystem with first-quarter financial results after market close Wednesday. Earnings Estimates: Analysts expect Coinbase to report first-quarter revenue of $2.13 billion, up from $1.64 billion in last year’s first quarter, according to data from Benzinga Pro. The company...

Major cryptocurrencies are trading slightly higher following the Federal Reserve keeping interest rates unchanged and China’s liquidity boost to stimulate its economy. Cryptocurrency Price    Gains +/- Bitcoin (CRYPTO: BTC) $96,034.89 +1% Ethereum (CRYPTO: ETH) $1,792.80 +0.2% Solana (CRYPTO: SOL) $145.55 +0.4% XRP (CRYPTO: XRP) $2.10 -1.6% Dogecoin (CRYPTO: DOGE)...

Robinhood Markets Inc. is building a blockchain-based platform to allow European investors to trade tokenized U.S. securities, according to Bloomberg. The initiative will likely involve a partnership with a digital-asset firm, with Arbitrum (ARB) and Solana (SOL) being considered as…...