Crypto

Bitcoin Tops $91K as Trade Optimism Fuels Crypto Rally But Demand Headwinds Remain

Bitcoin (BTC) surged past $91,000 on Tuesday, climbing nearly 5% amid renewed investor optimism and fresh hopes of a thaw in U.S.-China trade tensions, but headwinds persist that could cap further upside, analytics firm CryptoQuant cautioned. The …

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Janover Buys Another $11.5M in SOL, Gets Renamed Amid Crypto Treasury Strategy Play

Janover (JNVR), the real estate-focused fintech company with a Solana (SOL) treasury strategy, has been renamed to DeFi Development Corp and purchased another $11.5 million worth of SOL tokens, the firm said on Tuesday. The move brings the company’s …

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Crypto Ally Paul Atkins Sworn In to Replace Gary Gensler Atop U.S. SEC

Paul Atkins has taken the oath to formally become chairman of the U.S. Securities and Exchange Commission, which returns Mark Uyeda to his previous role as a Republican Commissioner after three busy months of service as the agency’s stand-in chief …

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Slovenia Moves to Tax Crypto Profits at 25%

Slovenia’s finance ministry has proposed a 25% tax on capital gains from cryptocurrency starting in 2026, under a draft law aimed at closing a gap in the country’s tax system. The tax will apply to profit made when individuals sell crypto for fiat …

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Friends With Benefits Grows Up

When Friends With Benefits burst into crypto consciousness in 2020, it was the kind of FOMO-inducing project that immediately had people talking. With a wink-wink, sexy name and members including musicians Erykah Badu and Azealia Banks, it was a club …

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Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors

Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday. The first contracts, EUR/USDand GBP/USD, are now live on Kraken …

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Crypto Casino Founder Richard Kim Arrested After Gambling Away Investor Funds

Richard Kim, the founder of crypto casino Zero Edge, was arrested on Tuesday following allegations that he had gambled away investors’ funds. According to an FBI complaint filed on Tuesday in the Southern District of New York, Kim “fraudulently …

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Crypto Stock Tracking ETF Coming Soon From VanEck

VanEck is bringing an actively-managed exchange-traded fund (ETF) tracking digital asset stocks to the market after receiving approval from the U.S. Securities and Exchange Commission (SEC). The VanEck Onchain Economy ETF (NODE) will aim to hold 30 …

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The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: Can Ethereum Be Truly Private? Developers …

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Neutrl Raises $5M to Tokenize a Popular Hedge Fund Altcoin Trade

Novel decentralized finance (DeFi) protocol Neutrl aims to bring a hedge fund trade — evvel limited to sophisticated investors — to the masses in the form of a crypto token. The protocol is launching its NUSD “synthetic dollar” token …

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