CoinDesk Weekly Recap: Even ETH Is Up
It was a pretty positive week for crypto as prices rose, big deals were signed, and stablecoins continued to penetrate deep into the financial...
Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting
Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus...
Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out
Bettors on crypto prediction platform Polymarket have, in recent months, developed an enviable reputation for beating the bookies. So it came as a surprise...
Florida Pharma Firm Will Use XRP for Real-Time Payments in $50M Financing Deal
A Florida-based pharmaceutical distributor is backing XRP as a treasury and payments asset, putting the token at the center of a $50 million financing...
Bitcoin’s Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains
Bitcoin’s rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions. The leading cryptocurrency by market value has risen...
Explosive ETH, ADA, DOGE Moves Spur $800M in Short Liquidations, Highest Since 2023
A broad crypto rally led by ether’s (ETH) 20% surge triggered more than $750 million in short liquidations in the past 24 hours, the...
Germany Seizes $38M From Crypto Platform Suspected of Laundering Bybit, Genesis Hack Proceeds
German authorities shut down crypto exchange eXch, seizing 34 million euros ($38 million) in tokens and more than 8 terabytes of data in one...
Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals
Bitcoin’s (BTC) rally is gaining momentum, with institutions stepping up their exposure to the leading cryptocurrency through Deribit’s BTC options market. “Panning out over...
Metaplanet Plans a Further $21M Bond Sale to Buy More BTC
Japanese hotel firm Metaplanet (3350) said it plans to sell another $21.25 million worth of bonds to fund further bitcoin (BTC) purchases. The Tokyo-based...