Month: June 2025

UMA crypto token went vertical on Friday, reaching its highest point since March, even as other cryptocurrencies retreated. UMA (UMA) surged to a high of $1.440, gaining over 40% from its weekly low. The rally pushed its market capitalization above…...

Bitcoin has experienced a sharp pullback as the crypto market reacted to rising political tensions between Elon Musk and U.S. President Donald Trump. The unexpected clash began when Musk openly criticized the administration’s proposed “Big Beautiful Bill” on X, calling it damaging to innovation and digital freedom. In response,...

Major U.S. stock indices and Tesla recovered on strong jobs data, while Trump and Musk feud continues to escalate....

Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardians NFT sales. Immutable (IMX) fell to $0.495…...

Cookie is currently retesting a pivotal support level with strong technical confluence. Despite declining volume, the bullish structure remains intact—raising the odds of a potential rally toward $0.30. Cookie (COOKIE) is trading at a decisive technical level that could determine…...

It was a week of fortunes made, and fortunes lost, at CoinDesk.On the one hand, we had Circle, long a leading crypto company, hurtling to IPO and making bank. Its shares were priced at $110 at press time (up from $31 Wednesday), leading many to expect a summer and...

Bitcoin miner HIVE Digital Technologies (HIVE) has surpassed 10 exahash per second (EH/s) in hashrate capacity, a 58% increase from April, driven by the launch of a 100-megawatt hydro-powered site in Paraguay. The company said in a press release on Friday that it’s on track to reach 25 EH/s...

WASHINGTON, D.C. — U.S. President Donald Trump’s crypto ventures were once again under the microscope during a House Financial Services Committee hearing that otherwise saw legal experts express worries about how regulators might police digital assets under a market structure bill. The committee held a “minority day” hearing —...

BItcoin and Ethereum have seen a volatile week, but institutional adoption suggests long-term strength....

Uber is taking a serious look at stablecoins as it explores ways to streamline international transactions and reduce cross-border payment costs. Speaking at the Bloomberg Tech Summit in San Francisco on June 5, CEO Dara Khosrowshahi said the company is currently in the “study phase” of evaluating stablecoins as...