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Solana Labs founder Toly, says that privacy alone does not make a crypto product or feature compelling enough to alter how users engage with it. In a recent post, the Solana (SOL) founder contributed to a thread on X discussing…...

Japan is reportedly gearing up to launch its first official stablecoin, as interest for the asset class deepens across Asia. According to a recent report by local outlet Nikkei Asia, Japan’s Financial Services Agency (FSA) is preparing to approve the…...

Michael Saylor’s firm’s growing Bitcoin holdings could influence market dynamics and raise questions about corporate influence in cryptocurrency. The post Michael Saylor’s Strategy acquires 430 Bitcoin, now owns 3% of Bitcoin in circulation appeared first on Crypto Briefing....

Michael Saylor, Strategy’s co-founder, former CEO, and bitcoin champion, announced the latest acquisition on X earlier today. With it, the company’s stash has grown to almost 630,000 BTC valued at over $72 billion at today’s prices. Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and...

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) remains susceptible to further downside, having lost over 7% since hitting record highs above $124,000 on Thursday. Bullish momentum fading The weekly chart (candlestick format) shows that BTC’s ongoing decline follows repeated bull...

Bybit, the world’s second-largest cryptocurrency exchange by volume, has introduced spot margin trading for European users of the platform at up to 10x leverage, compliant with the region’s Markets in Crypto Assets (MiCA) regime. The service, announced on Monday, allows users of Austria-based Bybit EU, to borrow funds against...

By Omkar Godbole (All times ET unless indicated otherwise) There’s a note of caution seeping into crypto markets, with bitcoin (BTC) sliding under $115,000 and ether (ETH) falling to $4,220 ahead of Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium later this week. The CoinDesk 20 Index,...

Arcade-style sports games are proving more effective than traditional sports simulations at retaining users in the Web3 space, according to Tom Mizzone, CEO of Sweet. Speaking about engagement trends, Mizzone said the short, repeatable gameplay loops of arcade titles make them particularly suited for blockchain-based ecosystems where daily activity...

Jeju City tax officials have moved to freeze and seize cryptocurrencies tied to people they believe owe unpaid taxes, part of a wider probe that checked nearly 3,000 residents. According to local reports, authorities looked into 2,962 people who together owed close to 20 billion won (about $14 million),...