Tag: News

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Vitalik Buterin: Ethereum at Risk If Decentralization Is Just a Catchphrase Bitcoin Layer-2 Botanix Mainnet Debuts, Cuts Block Times to 5 Seconds...

BlackRock’s iShares Bitcoin Trust (IBIT) is now generating more revenue than one of the asset manager’s most iconic products, the iShares Core S&P 500 ETF (IVV), according to Bloomberg data. Despite having just $52 billion in AUM — a fraction of IVV’s $624 billion in total assets — IBIT’s...

Ripple, the digital asset firm closely associated with the XRP Ledger network, has applied on Wednesday for a national banking license at the Office of the Comptroller of the Currency (OCC), a spokesperson confirmed to CoinDesk. The license would allow the company expand its crypto services and operate across...

Polkadot’s DOT surged 6% higher amid a rally in crypto markets, with strong volume supporting a decisive breakout through resistance at the $3.34 and $3.44 levels, according to CoinDesk Research’s technical analysis model. The model showed the price found strong support at $3.25 during the 01:00 hour with above-average...

Open interest in bitcoin perpetual futures surged Wednesday by the most in four months as the leading cryptocurrency neared the $110,000 mark. Open interest in perpetual futures listed on offshore exchanges rose by nearly 10% to $26.91 billion, the highest single-day increase since March 2, according to data source...

Dogwifhat continues to trade within a defined range as price action compresses between $1.35 resistance and $0.30 support. A breakout looms, but weak volume suggests more consolidation first. Dogwifhat (WIF) is currently experiencing prolonged sideways movement, caught within a well-defined…...

The momentum behind spot crypto ETFs is accelerating, as inflows and revenues from Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs have outpaced traditional finance benchmarks in 2025.   What Happened: Crypto analyst Altcoin Gordon pointed out that the top 100 U.S. ETFs now manage $5.7 trillion in assets,...

The relentless inflow streak into US spot Bitcoin ETFs have come to an abrupt halt amidst renewed bearish momentum and political headwinds. On 1 July 2025, the 12 US-listed spot Bitcoin ETFs collectively recorded $342.25 million in net outflows. This marks the end of a robust 15ßdaz run that...

Since retaking the White House, Donald Trump‘s reported net worth has remained broadly stable, around $6.5 billion on Election Day to roughly $6.4 billion today. Yet the makeup of his wealth has changed dramatically, with the Trump family now leaning heavily into crypto ventures and fast-moving digital assets that...

Long-term Bitcoin holders are seeing their unrealized profits decline even as BTC trades a little over 4% from its all-time highs. According to on-chain data shared by CryptoQuant, the average unrealized profit for long-term holders, based on the MVRV ratio, is around 220%. The figure is notable but lower...