The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Vitalik Buterin Proposes Replacing Ethereum’s EVM With RISC-V Matter Labs, ZKsync Developer, Sued for Alleged Intellectual Property Theft Scroll’s...
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Previewing the Canadian Election’s Crypto Angle
Canada will host an election next week, where voters will consider a range of issues — the economy, housing, trade relations with the U.S. — as they choose their elected officials, who in turn will choose the next Prime Minister of the country. You’re reading State of Crypto, a...
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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level
The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in the last seven days, trading at...
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Ethereum Network Activity Spikes As Price Rallies – Bullish Reversal Coming?
Ethereum (ETH) is beginning to show signs of a potential bullish reversal, with the second-largest cryptocurrency by market cap climbing 9.1% in the past 24 hours. Alongside the price surge, Ethereum’s network activity has seen a notable uptick. Ethereum Network Activity Explodes Amid Price Rally According to a recent...
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Solana’s Meteora Hit With Lawsuit Over Alleged Meme Coin Scam
Solana-based decentralized exchange Meteora is facing a class-action lawsuit over pump-and-dump claims surrounding the M3M3 meme coin launch. The complaint alleges this led to losses of at least $69 million between December 2024 and February 2025. Rug Pull Allegations In the April 21 filing with the U.S. District Court...
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XRP futures open interest surges by 32% — Are traders bullish or bearish?
Key Takeaways: XRP has gained 25% since April 7, and its open interest has risen by 32%. Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders. Analysts still have double-digit price targets for XRP. XRP’s (XRP) price fell to a year-to-date low...
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Dow, S&P 500, Nasdaq end in green as Trump softens on China talk
U.S. stocks gainedWednesday as President Donald Trump signaled a softer stance on Chinese tariffs and Federal Reserve Chair Jerome Powell, easing investor concerns that had rattled markets in recent weeks. The Dow Jones Industrial Average rose 419 points, or 1.07%,…...
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Avalanche breaks through resistance: is this the start of a rally to $28.70?
AVAX has recently broken free from months of bearish control, showing signs of a bullish reversal that could signal a significant shift in its macro price structure. After spending a considerable amount of time under the pressure of a descending…...
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LAPD recovers $2.7m in stolen Bitcoin mining equipment
Two suspects tied to a South American cargo theft ring were arrested after Los Angeles police recovered over $3.9 million in stolen goods—including $2.7 million worth of Bitcoin mining computers intercepted at LAX. Detectives from the LAPD’s Cargo Theft Unit,…...
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Ledger users can now spend crypto directly via new MasterCard-backed card
Ledger users will now be able to spend token balances in their hardware wallet anywhere in the world....
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