Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends
Hyperliquid's HYPE, Uniswap's UNI and Worldcoin's WLD all posted double-digit gains, extending rallies that have made them some of this week's standout performers.
Crypto
Coinbase to join tokenized stock race with onchain shares, dividend payments
Coinbase (COIN) said it plans to introduce tokenized stocks backed one-for-one by underlying U.S. equities, joining the growing competition among crypto firms and traditional financial companies to bring stocks onto blo…
State Street targets stablecoin reserve boom with new money market fund
Wall Street's largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars as digital dollars become a larger part of the financial …
CoinDesk 20 performance update: Uniswap (UNI) gains 12.9% while index trades lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Ethereum’s biggest protocol overhaul in years moves into its final development stage
Ethereum developers are entering the final stretch of work on Glamsterdam, the network's next major upgrade, as teams begin testing a version of the fork that includes the planned protocol changes.
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa
Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, invested in African payments company Flutterwave as part of its Series E funding round, a deal centered on expanding the use of stablecoi…
Y Combinator reveals a new AI agent that can build and run an entire business just from a text message
That's what the Silicon Valley startup incubator Y Combinator's AI agent, Locus Founder, launched Monday. All a user has to do is send a business idea via iMessage, SMS, or Telegram, and the AI takes care of the rest, i…
Binance says its European regulatory application is compliant despite report of Greek rejection
Binance, the world’s largest cryptocurrency exchange, may be unable to serve customers in Europe if its regulatory license application in Greece is turned down, as Reuters reported on Tuesday.
BlackRock's new bitcoin income fund offers cash flow alongside BTC exposure
Opening for trade on Tuesday, BlackRock's newest bitcoin exchange-traded fund —the Bitcoin Premium Income Fund (BITA) — is less about market timing and more about meeting a growing range of investor needs as the asset c…
Mystery Polymarket trader turned $4 million into $9 million after Spain's shocking World Cup draw
FIFA World Cup debutants Cabo Verde held favourites Spain to a goalless draw on Monday, creating an outsized win for punters in a match that started with 1:10 betting odds against the minnows.
BlackRock's new bitcoin ETF lets institutions earn from volatility. There's a catch.
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Tether Gold now has a dedicated options market on Bybit
Bybit, one of the world’s top cryptocurrency exchanges by trading volume, has launched options trading on Tether Gold (XAUT), a token that provides you ownership of real physical gold.
Bitcoin buyers add over 250,000 BTC between $59,000 and $67,000 as accumulation returns
Investors have bought a net 259,298 BTC since June 5, paying between $59,000 and $67,000, according to Glassnode UTXO Realized Price Distribution data. Glassnode's Accumulation Trend Score by Wallet Cohort, which measur…
Bitcoin rallies after Japan rate increase with XLM, INJ, UNI advancing
Bitcoin climbed above $66,500 after the Bank of Japan raised interest rates, lifting the token about 1.5% in 24 hours.
Live markets: Bitcoin ETFs bled cash Monday while every other crypto ETF gained
US spot bitcoin ETFs lost a net $64 million on Monday, even as spot ETFs for ether, XRP, Solana and Hyperliquid all pulled in fresh cash. On the surface, that looks like a clean rotation out of bitcoin and into everythi…
Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high
The decision hit the wires around 3:19 UTC on June 16. The BOJ lifted its policy rate by 25 basis points to 1% from 0.75%, the highest level since 1995. The move aligned with market expectations but included hawkish hin…
Profit-taking across bitcoin, ether, solana as traders wait on the Iran signing
The token changed hands at $65,845 on Tuesday, up 0.3% over 24 hours and 4.8% on the week, per CoinDesk data. It touched a 24-hour high of $67,217 before fading. Ether held up better, rising 2.8% on the day to $1,764 an…
Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project
A key player on the fast-growing derivatives exchange Hyperliquid's private-company trading is shutting down, pointing to consolidation in one of the industry's hottest new markets.
Kraken debuts U.S. perpetual futures as crypto derivatives move onshore
Kraken began offering regulated perpetual futures to U.S. customers, marking a significant step in bringing one of crypto's most popular trading products into the country after years of activity concentrated on offshore…
‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish
Standard Chartered's head of digital assets research Geoffrey Kendrick says bitcoin
If America wants to lead in crypto, it must protect the people who build it
The crypto industry’s leading founders, CEOs and investors recently signed a single letter to Senate leaders with one request: do not weaken the Clarity Act's protections for software developers. These are competitors, …
Coinbase's Brian Armstrong says bitcoin may have bottomed at $60,000
"My instinct is we probably have bottomed at this point, maybe at the sixty K number, but nobody can say for sure," Armstrong said in a video posted on X on Monday. He added that he remains long bitcoin and expects pric…
U.S.-Iran deal lifts equities, sends oil lower, while crypto stays wary
The U.S.-Iran peace deal reached over the weekend provided the stimulus many markets had been waiting for.
CoinDesk 20 performance update: Bittensor (TAO) surges 31.9%, leading index higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.