Tag: Crypto

USDT issuer Tether has been dealt a blow in its multibillion-dollar lawsuit with Celsius after a US bankruptcy judge ruled that the lawsuit can proceed. The judge denied Tether’s attempt to dismiss claims that it “improperly” liquidated Celsius’s Bitcoin collateral during the crypto lender’s collapse in 2022. Per court...

American Bitcoin, backed by Eric Trump, raises $220 million to expand its Bitcoin mining operations and bolster its BTC treasury. A subsidiary of Hut 8 Mining, the company aims to go public via a merger with Gryphon Digital Mining, trading as ABTC on Nasdaq. Since 2024, top-tier investors and...

JPMorgan Chase & Co. (NYSE:JPM) is working on a blockchain-powered system to tokenize carbon credits as part of its efforts to improve tracking, transparency, and trading efficiency in the carbon markets. What Happened: The U.S. bank’s blockchain division, Kinexys, is collaborating with S&P Global Commodity Insights, EcoRegistry, and the...

Jermey Fok, community manager at BTCC, was recently sat down with Benzinga to discuss how the cryptocurrency exchange has been able to survive and thrive over the past fourteen years.  BTCC is one of the world’s longest-serving cryptocurrency exchanges, founded in June 2011, providing crypto futures trading services to...

Useless Coin’s price continued its strong rally this week, reaching a record high even as the broader crypto market retreated. Useless Coin (USELESS), a Solana (SOL)-based meme coin, rose to a high of $0.25, up nearly 1,000% from its May…...

The U.S. Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). The move will see GDLC become a publicly traded ETF offering exposure to several crypto assets within a single structure. Optimism for Altcoin...

Cryptocurrencies are up on Wednesday morning as the market awaits ratification of the ‘Big Beautiful Bill‘ in the House. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $107,839.78 Ethereum (CRYPTO: ETH) $2,453.46 Solana (CRYPTO: SOL) $149.38 XRP (CRYPTO: XRP) $2.18 Dogecoin (CRYPTO: DOGE) $0.1617 Shiba Inu (CRYPTO: SHIB) $0.00001138 Notable Statistics:...

The US Securities and Exchange Commission (SEC) is taking steps to establish comprehensive listing standards for crypto (ETFs, a development that could significantly impact the broader digital asset market.  According to a social media post on X (formerly Twitter) by Eleanor Terrett, host of Crypto in America, these efforts...

Deutsche Bank (DB) is planning to debut a crypto custody service next year, Bloomberg reported on Tuesday. Germany’s largest bank has enlisted cryptocurrency exchange Bitpanda to help build the offering, according to the report, citing people familiar with the matter. Deutsche’s prior involvement in crypto custody has largely been...

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) bulls are optimistic that the U.S. dollar’s broader sell-off will continue in the second half of the year, fueling the crypto bull run. However, one chart warrants caution when relying on bearish...