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Cryptocurrencies extended a sell-off on Monday as risk assets including equities tanked during the early U.S. hours. Following a bounce to around $84,000 earlier in the day, perhaps buoyed by Strategy’s $21 billion fundraising plan, bitcoin (BTC) slid below $80,000, down 3.8%
Blockchain firm Movement’s public mainnet is set to launch in beta, continuing the progress toward deploying Movement Virtual Machine (MoveVM) on Ethereum. The mainnet will roll out Monday with over $233 million worth of BTC, ETH, and native assets, MOVE, in liquidity
The Cayman Islands, an autonomous British Overseas Territory in the Caribbean that has attracted many crypto firms over the past several years thanks to its friendly regulatory structure, now requires companies that provide custody and trading services to obtain a license. According
President Trump’s executive order calling for the formation of a strategic bitcoin (BTC) reserve and a crypto stockpile is a “pivotal moment” for the industry, investment bank KBW said in a research report Friday. The President directed his administration to establish a
Web3 wasn’t designed for humans at scale; it was built for machines. Its complexity has limited its adoption, but the “Post Web” stack is taking shape with AI agents emerging as autonomous economic actors. Smart contracts, decentralized networks, and verifiable computation will
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2658.12, down 7.2% (-205.91) since Friday at 4 p.m. ET. None of the 20 assets are
Investment managers Rex Shares and Osprey Funds have filed to list an exchange-traded fund (ETF) tracking the price performance of Movement Networks’ MOVE. The Ethereum layer-2 network’s mainnet, which is built using MoveVM, is expected to launch on Monday. The proposed REX-Osprey MOVE
Thailand’s financial regulator the Securities and Exchange Commission (SEC) is expanding its list of approved cryptocurrencies with the two largest stablecoins, Tether’s USDT and Circle’s USDC as trading pairs on digital asset exchanges. Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM),
Prices for XRP, the payments-focused cryptocurrency used by Ripple to facilitate cross-border transactions, plummeted over 27% in the week ended March 9, marking its largest weekly percentage decline since November 2022, according to data source TradingView and CoinDesk. The sell-off has brought
Pakistan, one of the top 10 nations for remittances from abroad, may leverage blockchain technology to streamline the process, Bilal bin Saqib, chief adviser to the finance minister and a member of the recently established Pakistan Crypto Council (PCC), said Monday. Overseas