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Dogecoin Leads Losses Among Majors; BTC, ETH, XRP Slump on Profit-Taking

Major tokens fell as much as 5% on Thursday as traders took profits on a steady move higher from earlier this week, with memecoin dogecoin (DOGE) leading losses among the largest assets. Bitcoin (BTC) clung to the $93,000 zone in the past 24 hours …

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Bitcoin’s April Rally Driven By Institutions, While Retail Flees ETFs: Coinbase Exec

Bitcoin’s (BTC) breakout to $93,000 is being driven by deep-pocketed institutions, not retail exchange traded-fund (ETF) buyers, said Coinbase Institutional’s John D’Agostino on CNBC. The rally began in early April, as institutional investors, and …

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Previewing the Canadian Election’s Crypto Angle

Canada will host an election next week, where voters will consider a range of issues — the economy, housing, trade relations with the U.S. — as they choose their elected officials, who in turn will choose the next Prime Minister of the country. You …

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Solana Buying for Balance Sheet Gains Momentum as DeFi Development Raises Holdings to $48M

DeFi Development Corp (JNVR), formerly known as Janover, added another $9.9 million in Solana’s SOL to its corporate treasury, pushing total crypto holdings to 317,273 SOL or about $48 million, the company said on Wednesday. The purchase, made …

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The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Vitalik Buterin Proposes Replacing …

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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in …

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PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) charged the founder of now-defunct crypto and foreign exchange investment company PGI Küresel, with violating federal securities laws, alleging he ran a “Ponzi-like scheme” that defrauded investors of …

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TRUMP Coin Jumps 70% on President’s Dinner Event for Top Token Holders

TRUMP, marketed as Donald Trump’s official crypto token, rallied on Wednesday as an invitation to a dinner event with the U.S. President for token holders appeared on the project’s website. “Join President Donald J. Trump at his Private, Members …

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Bitcoin Rollup Citrea Deploys Bridge to Tackle Collateral Bottleneck of Using BTC in DeFi

A project aiming to expand Bitcoin’s utility is tackling the collateral requirements of bridging the blockchain to programmable layer 2s. Rollup project Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge uses the BitVM2 …

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SOL Strategies Surges on Up to $500M Credit Facility for Solana Investment

Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network. The capital will be exclusively …

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