Deutsche Bank is studying stablecoins and tokenized deposits as part of its growing digital assets strategy, joining other major banks exploring blockchain infrastructure for payments and settlement. The bank is considering whether to issue its own stablecoin or join a broader industry
Avalanche’s native token AVAX surged more than 6% in the last 24 hours, outpacing the broader crypto market as measured by the CoinDesk 20 (CD20) index, which rose 0.8% in the same period. AVAX’s price may have rebounded from political jitters and
Eric Trump said that World Liberty Financial, the decentralized finance project with ties to the Trump family, plans to acquire a “substantial position” in the TRUMP memecoin for its long-term treasury as it “aligns” with the project. The announcement, posted to X
The House Financial Services Committee might mark up market structure legislation next week, while the Senate seems close to passing its stablecoin bill. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to
Korea’s new President, Lee Jae-myung, has appointed the CEO of Hashed Research, Kim Yong-beom, to be the Chief Policy Officer of Korea’s Presidential Office. Before leading Hashed Research, crypto fund Hashed’s think tank, Kim was the Vice Minister of Economy and Finance
Gemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step toward becoming a publicly traded company. The firm announced Friday that it has confidentially submitted a draft registration statement on Form
It was a week of fortunes made, and fortunes lost, at CoinDesk.On the one hand, we had Circle, long a leading crypto company, hurtling to IPO and making bank. Its shares were priced at $110 at press time (up from $31 Wednesday),
Bitcoin miner HIVE Digital Technologies (HIVE) has surpassed 10 exahash per second (EH/s) in hashrate capacity, a 58% increase from April, driven by the launch of a 100-megawatt hydro-powered site in Paraguay. The company said in a press release on Friday that
WASHINGTON, D.C. — U.S. President Donald Trump’s crypto ventures were once again under the microscope during a House Financial Services Committee hearing that otherwise saw legal experts express worries about how regulators might police digital assets under a market structure bill. The
Polkadot DOT bullish momentum has potentially returned, after the token retook an important support level at $3.96, according to CoinDesk Research’s technical analysis model. DOT experienced a 7% correction from $4.038 to a low of $3.753 before establishing “strong support” and rebounding