Cardano has continued to advance its credentials as a venue for Bitcoin Defi (BTCFi), facilitating a transfer of Ordinals to its mainnet. The on-chain transaction between Bitcoin and Cardano was facilitated by BitVMX, an interoperability protocol built using the BitVM programming language. The transaction was unveiled by Input |...

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Ether ETH appears poised to surpass the $3,000 mark as it forms an “ascending triangle” pattern on the price chart. The ascending triangle is characterized by horizontal upper-bound resistance or supply point that repeatedly...

Russia’s largest bank, Sberbank, is reportedly becoming one of the official market makers for the upcoming regulated crypto platforms following the country’s regulatory developments within its digital asset landscape. The bank reportedly expects the emergence of a “new world” of instruments for investing in digital assets. Sberbank Becomes Official...

It turns out that Bitcoin ($BTC) isn’t just for the tech bros anymore but also for businesses, hamburger lovers, and everyday spenders — aka, everyone. Yesterday, Square, a payment platform by Block Inc., announced that it’ll soon enable businesses to accept $BTC and other crypto. In other news, the...

SOPH, the native token of the entertainment-focused Layer 2 network Sophon, is set to make its official debut on Binance and other tier-1 exchanges later today. In a May 28 announcement, Binance confirmed that SOPH will be available for trading…...

RENDER price dropped 8% as FUD spread following Coinbase’s announcement to delist the old Ethereum-based RNDR token—even though the newer Solana-based RENDER remains fully supported. Render (RENDER) price declined 8% in the past 24 hours, currently trading at $4.50 as…...

Coinbase is expanding its Canadian sports presence through new partnerships with Toronto FC and the Argonauts, despite ongoing scrutiny over a recent customer data breach. U.S.-based cryptocurrency exchange Coinbase is making a major play for Canadian fans through new multi-year…...

Dogecoin (CRYPTO: DOGE) was trading lower early on Wednesday, but a rebound could be in the works.  What happened: The world’s most popular meme coin fell over 2% in the last 24 hours, while its trading volume rose 11.45% to $1.3 billion. Whale activity surged, evidenced by a 41%...

Bitcoin’s price ascent was stopped ahead of $111,000 yesterday, and the asset has retreated and calmed at around $109,000. There’s an evident lack of volatility from most altcoins as well, aside from SUI, which has surged by 6%, and XMR, which has dumped hard. BTC Calms at $109K Bitcoin...

Decentralized exchange Cetus Protocol, built on the Sui network, has vowed to fully compensate users impacted by a $223 million exploit that struck its Concentrated Liquidity Market Maker (CLMM) pools on May 22. The commitment hinges on an upcoming community vote to recover $162 million in frozen assets and...