Microsoft found malware that hijacks crypto wallets and spreads through USB sticks
Malware that spreads via USB sticks has been infecting Windows personal computers and targeting crypto wallets since February, Microsoft said in a blog post.
Crypto
Bitcoin traders load up on bearish bets all the way down to $52,000
In the past 24 to 48 hours, crypto exchange Deribit saw heavy buying of short- and near-dated put options, spanning expirations from June 22 to July 31, according to data tracked by Laevitas. Notable flows included:
Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners
Bitcoin has spent five straight months trading below what it costs to produce, squeezing miners and forcing some to sell, JPMorgan said in a note. The bank pegs the cost to mine one bitcoin at about $78,000, well above …
XRP falls 3% after losing $1.15 support as breakout attempt fades
XRP gave back more of last week's rally on Wednesday after sellers pushed the token through $1.15 support, a level traders had been watching since the recent move above $1.20.
Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
Bitcoin fell below $63,000 on Friday as risk assets sold off worldwide, erasing the gains it made earlier in the week on the back of the US-Iran peace deal.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
The U.S. Federal Reserve, Treasury Department and other financial regulators are pushing a new stablecoin rule that treats issuers like other regulated financial firms when it comes to identifying their users, releasing…
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading…
Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns
The Ethereum Foundation's (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a post shared on X on Thursday.
Algorand unveils roadmap to achieve quantum resistance by 2028
The Algorand Foundation unveiled a roadmap to make its blockchain quantum-resistant by the end of next year, becoming the latest crypto network to outline plans for a future in which quantum computers could threaten the…
Crypto for Advisors: Trading the bitcoin cycle
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks
The best-performing stocks of the past decade are coming under pressure as investors question the enormous cost of the AI arms race and rotate into new fields with stronger momentum.
CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Malta's financial regulator explores bringing parts of DeFi under MiCA's orbit
Malta's financial regulator is exploring how decentralized finance (DeFi) could fit within the European Union's Markets in Crypto-Assets (MiCA) framework, focusing on governance, accountability and the meaning of "full …
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal
HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year GPU cloud contract with Bell Canada and AI firm Cohere, as the company continue…
Alchemy's AI-driven identity and payment service gains access to Visa network
Blockchain infrastructure firm Alchemy said AI agents with its AgentCard now have access to the Visa (V) network with complete identity and payment capabilities, enabling them to make online purchases on behalf of consu…
Crypto market positioning is 'defensive and thin' after Fed, Marex analysts say
The crypto market slipped a day after the Federal Reserve raised expectations that U.S. interest rates are headed higher.
The bond market is flashing a clear signal on interest rates. Bitcoin bulls should take note
Something has drastically shifted in the bond market, and it's offering negative cues to risk assets, including bitcoin
Strategy's STRC preferred stock hits a record low below par
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting one of the company's funding channels.
Bitcoin's nemesis, the Dollar Index, is on the verge of a major breakout
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
That level is the 200-week simple moving average (SMA), which represents the token's average price over that period, providing traders with a clear glimpse of the long-term trend while cutting through day-to-day noise.
Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
US spot bitcoin and ether ETFs both turned to outflows on Wednesday in a sign the recovery rally has lost its institutional bid.
Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks
Crypto fell across the board on Thursday, shrugging off a signed Iran peace deal that lifted stocks, after the Federal Reserve held interest rates but made clear it is more worried about inflation than growth.
XRP slips 4% below $1.20 after breakout rally stalls near key resistance
XRP's push toward $1.25 ran into the same problem that has capped every rally since the spring selloff: sellers waiting overhead. After briefly trading above $1.22, the token lost the $1.20 level on heavy volume and spe…
Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing on real-world applications, such as tokenization, and artificial intellige…