Why a selloff in gold and silver is dragging bitcoin down
The ongoing artificial intelligence stock frenzy has pulled in capital from across the market, from traditional metals, considered the safest assets, to crypto, considered the riskiest.
Crypto
Polymarket hack updated to $3.1 million days after the platform promised users full refunds
Blockchain intelligence firm AMLBot updated on X Saturday the amount hackers stole from 11 user wallet accounts on Polymarket to roughly $3.1 million in the prediction markets token PUSD.
Tether putting $23 billion gold stockpile to work with bullion-backed loans
Tether has expanded the use of its $23 billion gold reserves by bringing its tokenized product Tether Gold (XAUT) to crypto lender Ledn.
What Robinhood’s recent layoffs say about the current state of crypto investments
Read the recent headlines about trading platform Robinhood’s c-suite departure and layoffs, or BitGo’s 15% workforce reduction, and you’ll see that things are looking grim in the world of crypto investing. One outlet re…
Strategy's valuation has fallen below the value of its bitcoin holdings
Strategy's (MSTR) enterprise multiple to net asset value (mNAV) has officially fallen below 1.
Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Coinbase and OKX are offering sign-up bonuses to users after reports broke out that rival exchange Binance told its users in the European Union (EU) it is suspending some services because it will not have a Markets in C…
Binance founder CZ blames crypto's sour 2026 on mix of AI, global tension, 4-year cycle
There is no easy answer to the question of why crypto markets have fallen so much in the first half of 2026, Binance founder Changpeng "CZ" Zhou said.
Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto
Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Michael Saylor's approach to funding bitcoin purchases has damaged the broader crypto market, in a CNBC interview on Friday, as the preferred stoc…
Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers
Dogecoin and Hyperliquid's HYPE led the week's losses across crypto, falling near 10%, as money kept flowing toward stocks tied to the artificial-intelligence boom and away from major tokens.
Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000
Aave founder Stani Kulechov pushed back in an X post against the suggestion that Aave assets could be sold at a steep discount. He reiterated that all protocol revenue — currently running at an annualized $134 million, …
Anti-trafficking group says Clarity Act's Section 604 could weaken accountability
Latest developments: The Alliance to End Human Trafficking is urging lawmakers to revisit Section 604 of the Clarity Act, arguing the provision could make it harder to hold some crypto platform developers accountable wh…
U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s
U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November elections, and she's asking that the Department of Labor back away…
Virtuals' Jansen Teng says AI agents are evolving into autonomous economic actors
Latest developments: Teng says Virtuals has expanded beyond gaming-focused AI agents and is now building infrastructure for what it calls an “agent society.”
Former Ethereum Foundation leader warns of funding gap as governance shifts
Latest developments: Trent Van Epps says Ethereum's long-term decentralization strategy is entering a critical transition phase.
Securitize aims to raise $400 million as tokenization firm nears public debut
Securitize, one of the largest providers of tokenization infrastructure for Wall Street, expects to raise about $400 million as it prepares to go public through a merger with a Cantor Fitzgerald-backed special purpose a…
Binance tells EU users it will no longer provide services after failing to secure MiCA license
Binance, the world's largest crypto exchange by trading volume, told customers in the European Union (EU) it is suspending some services because it will not have a Markets in Crypto-Assets (MiCA) license in place by Jul…
Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline
The largest cryptocurrency was recently trading near $59,700, having fallen as low as $58,100.
Wall Street's IPO revival hasn't reached dot-com euphoria levels, Goldman Sachs says
The U.S. IPO market is enjoying its strongest rebound in years, but Goldman Sachs says the resurgence doesn't yet resemble the speculative frenzy of the dot-com bubble.
CoinDesk 20 performance update: AAVE jumps 8.9%, leading index higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
With crypto ending the first half in the red, bitcoin's solace is it beat Strategy
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Grant Cardone says he will keep buying bitcoin using real estate cash flows
Grant Cardone, CEO of Cardone Capital, used this week's crypto slide to restate the case for his bitcoin-and-property model, saying the structure is designed to keep buying as prices fall.
All eyes on Strategy's June 30 ex-dividend date and monthly STRC dividend rate reset
Strategy's (MSTR) perpetual preferred stock, STRC, is down 3% during Friday's pre-market and is trading below $73 around 27% below its $100 par value, as investors focus on June 30, a date that brings two important even…
Ethereum treasury firm Sharplink takes in ether for the first time in eight months
Sharplink (SBET) received 5,000 ether (ETH) worth about $7.85 million on Thursday, its first ether inflow in eight months, according to Arkham data showing the coins arriving from crypto brokerage FalconX.
Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink
More than $1 billion in crypto positions were liquidated over the past 24 hours, per CoinGlass, with longs accounting for $842 million of the damage. About 148,500 traders were wiped out. The largest single position was…