Last month, CoinDesk reported that big money is becoming increasingly bullish on ether ETH, with price charts indicating a potential rally above $3,000. New evidence has now emerged, supporting those claims. On Thursday, a trader paid a premium of over $2 million to purchase a total of 61,000 contracts...

A late-night Twitter spat between President Donald Trump and Elon Musk sparked fresh uncertainty in global markets, sending major cryptocurrencies tumbling and wiping out nearly $1 billion in leveraged bets. Bitcoin BTC dropped below $101,000 overnight before bouncing modestly, with DOGE and ADA among the worst hit, down over...

Uber CEO Dara Khosrowshahi said the ride-hailing giant is exploring the use of crypto as a payment method, which marks the third time the company has made the claim since 2021. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi said the company is in the...

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC is trading above...

You may be able to take out loans with your crypto soon, as JPMorgan Chase & Co. plans to let its clients use cryptocurrency-linked assets as collateral. It’s a dramatic shift in the organization’s attitude towards crypto. It also marks a growing need for a secure crypto wallet like...

Ride-hailing company Uber is exploring the use of stablecoins to streamline global payments and reduce transaction costs associated with cross-border transactions. During his appearance at the Bloomberg Tech Summit in San Francisco on 5 June, Uber CEO Dara Khosrowshahi confirmed…...

Total crypto market capitalization declined by around $170 billion in a fall to $3.26 trillion on June 5, its lowest level since May 8, almost a month ago. Markets are now poised for a further fall below longer-term levels if current support levels break down. However, the decline slowed...

Kraken’s security team says that at crypto conferences, it’s seen unlocked laptops, phones left unattended and public discussions about personal wealth....

Yuga Labs CEO Greg Solano proposes ending ApeCoin DAO and starting a new entity which would aim to ‘supercharge the APE ecosystem.’ In a recent post, Solano called for the end of the ApeCoin (APE) governance body after receiving what…...

A group of eight crypto policy organizations has urged US Congress leaders to support a recently re-introduced bill to protect software developers by including it in market structure legislation. Crypto Policy Groups Seek Software Developers’ Protection On Thursday, eight crypto policy organizations shared a joint statement calling for the...