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Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, announced Wednesday it is launching a financial services platform focusing on crypto and customized exchange-traded funds. The company’s board approved an investment of up to $250
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 3686.16, down 0.8% (-30.23) since 4 p.m. ET on Tuesday. Four of 20 assets are trading
Digital Currency Group (DCG) is spinning off the self-mining unit of its Foundry subsidiary into a separate business called Fortitude Mining that will mine crypto across a range of digital assets, the company said Wednesday. What makes Fortitude Mining different is that
Crypto accounting platform Cryptio has raised $15 million in an extension to its Series A funding round from June 2022. Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital, Cryptio told CoinDesk via email
Proof-of-stake blockchain Cardano will switch to decentralized governance later Wednesday after the Plomin hard fork takes effect, Cardano Foundation, a non-profit organization backing the project, said on X. “The Plomin hard fork takes effect, marking the transition to full decentralized governance. ADA
By James Van Straten (All times ET unless indicated otherwise) Each new day under the Trump administration is as intriguing as the next, and Wednesday is shaping up to be no different. For one, the president’s enthusiasm for bitcoin is spurring other
Digital asset exchange Crypto.com said it will suspend certain token services deemed to be unauthorized in terms of the European Union’s Markets in Crypto Assets legislation (MiCA) in a statement to its clients on Tuesday. The statement said that from Jan. 31,
The M2 money supply increased in December to $21.5 trillion, just shy of its all-time high. The M2 money supply measures the total amount of money in circulation within an economy, including both liquid and less liquid assets. Meanwhile, the CPI index
YZi Labs, the rebranded venture capital arm of crypto exchange Binance, made its first investment following founder Changpeng “CZ” Zhao’s release from prison, Fortune reported on Wednesday. The company formerly known as Binance Labs led a $16 million funding round into Sign,
Dogecoin (DOGE), the largest memecoin by market cap, dropped below a short-term uptrend line on Monday, signaling an end to the recovery from December lows and potentially the conclusion of a five-month rally. Since then, prices have dropped below the 38.2% Fibonacci