Leading cryptocurrencies dipped on Wednesday despite lower-than-expected inflation and the new trade deal announcement with China. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -1.18% $108,619.39 Ethereum (CRYPTO: ETH)                -1.53% $2,772.61 Dogecoin (CRYPTO: DOGE)           -2.71% $0.1928 What Happened: Bitcoin reached a high of $110,384.22 in...

Ethereum (ETH) and Solana (SOL) take center stage in Binance’s latest Proof of Reserves (PoR) audit published on June 1. As the world’s largest crypto exchange in terms of trading volume, Binance reaffirms that all customer assets are fully backed at a 1:1 ratio. However, the audit reveals a...

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Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its Thursday...

U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday. What happened: Odds in favor of the betting contract titled “US recession in 2025?” were 23% as of this writing, a considerable drop from the all-time high of 66% recorded in early May....

A new bill that aims to clean up crypto regulation in the U.S. is charging through Congress. The CLARITY Act just cleared two key House committees with bipartisan support, setting the stage for a possible full vote. It’s designed to finally answer the question that’s been plaguing the industry...

Bullish, the Peter Thiel-backed crypto exchange, has confidentially filed for an initial public offering in the United States. The move signals that the company is ready to take another swing at going public after its first attempt, via SPAC, fizzled out during the crypto market’s downturn in 2021. The...

The XRP Ledger (XRPL) moved from theory to production-grade finance today as Ondo Finance switched on its tokenized US Treasury fund, Ondo Short-Term US Government Treasuries (OUSG), directly on the network. The launch lets Qualified Purchasers mint or redeem OUSG around the clock by settling with Ripple’s enterprise-grade stablecoin...

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US firms are warming up to stablecoins at a pace we haven’t seen before. Interest jumped from 8% in 2024 to 29% this year among 100 executives at Fortune 500 companies. That’s more than three times the level of a year ago. And small ones aren’t far behind. A...