Author: btcadmin
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S&P 500 Enters Correction Territory, What Does This Mean For Bitcoin?
The S&P 500 has now entered correction territory, defined as a 10% decline from its all-time high. A further 10% drop would signal a bear market. But is it time to panic? Since Bitcoin’s creation in 2009, the S&P 500 has experienced multiple 20% corrections. Following the 2008 global financial crisis the index had plunged…
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Crypto Daybook Americas: Gold’s Historic Rally Brings Back BTC’s ‘Store of Value’ Debate
By James Van Straten (All times ET unless indicated otherwise) The recent market turmoil might have given gold the bragging rights of being the “store of value” while “digital gold” struggles, at least for now. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Sign me up…
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Trump-backed World Liberty Financial (WLFI) Completes $590M Token Sale
World Liberty Financial (WLFI), the Donald Trump-backed crypto project, has closed its token sale after raising approximately $590 million. (World Liberty Financial) STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree…
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AI’s Lead Over Crypto for VC Dollars Increased in Q1’25, But Does This Race Really Matter?
Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence’s nearly $20 billion haul, according to data provided by Pitchbook, showing how investors continue to show preference to AI. Data shows that investors closed 795 deals in the U.S in…
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Solana Inflation Reform Effort Fails on Dramatic Final Voting Day
Solana’s high staking rewards will live to inflate SOL another day. A contentious effort to reform the blockchain network’s generous inflation regime flopped on Thursday after supporters of SIMD-0228 failed to garner the supermajority they needed to implement the major economic change. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Long & Short…
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BlackRock’s BUIDL Fund Tops $1B with Ethena’s $200M Allocation
Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the fund’s size above the threshold was a $200 million allocation this afternoon by crypto protocol Ethena, a Securitize spokesperson told CoinDesk. Ethereum blockchain data by Arkham Intelligence…
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Ethereum Developers Launch New Testnet for Pectra Upgrade After Earlier Setbacks
Following two problematic tests of Ethereum’s upcoming Pectra upgrade, the network’s core developers decided on Thursday to create a new testnet to demonstrate the code update a final time before deployment. “A new testnet, Hooli, is going live Monday to wrap up Pectra testing,” said Tim Beiko, who coordinates the ecosystem’s core developers at the…
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Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth
As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you…
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Bitcoin’s Role in DeFi Is ‘Untapped Opportunity,’ Binance Research Says
Bitcoin’s (BTC) role in decentralized finance (DeFi) is growing as the world’s largest cryptocurrency evolves from more than just a store of value, Binance Research said in a report Thursday. The Bitcoin network is “evolving into a broader decentralized finance ecosystem with the emergence of Bitcoin DeFi,” analyst Moulik Nagesh wrote. STORY CONTINUES BELOW Don’t…
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AML Bitcoin Creator Found Guilty In Pump-and-Dump Case Linked to ‘Casino Jack’
A federal jury in the Northern District of California on Wednesday convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering connected to the sale of a token called AML Bitcoin. STORY CONTINUES BELOW The charges stemmed from an initial coin offering Andrade conducted for AML Bitcoin in 2017 and 2018. Early court…