Trump’s One Big Beautifl Bill TLDR: Good or Bad for Bitcoin?
There has been a notable uptick in crypto crowd chatter following the Senate’s passage of US President Donald Trump’s sweeping “One Big Beautiful Bill,” with Vice President JD Vance breaking a 50-50 tie. Santiment reported a measurable increase in the social volume of the words “big,” “beautiful,” and “bill.” This means that crypto traders are […]
Bitcoin Tests $102K Zone After Rejection; Bullish Bias Unchanged Above Support
Bitcoin remains within a bullish formation on the daily timeframe, with recent price action pointing to a short-term retracement. On the chart, BTC is forming a classic bull flag, a technical structure often associated with continuation patterns. However, the price is currently retreating after touching the upper boundary of the flag. This move follows a […]
Robinhood Stock Tokens Block DeFi, Enable CeFi Compliance
Robinhood’s stock tokens restrict transfers to whitelisted wallets under strict KYC. Electric Capital highlighted that compliance limits the tokens’ use across open protocols. Robinhood plans to launch its own Layer 2 blockchain to expand tokenized asset offerings. Robinhood has introduced tokenized stock contracts across the European Union, giving users access to over 200 exchange-traded funds […]
Bitcoin Finds Support Above 50-Day SMA, But Next Direction Remains Uncertain
Bitcoin is holding steady above its 50-day Simple Moving Average (SMA), showing signs of underlying strength despite a lack of clear directional momentum. With rising trading volume and mixed technical indicators, the next move could swing either way, keeping the market on edge. RSI Holds Neutral As Bitcoin Awaits A Clearer Signal According to Shaco […]
The Protocol: Ethereum’s Vitalik Buterin Says the Ecosystem Is At Risk If Decentralization Is Just a Catchphrase
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Vitalik Buterin: Ethereum at Risk If Decentralization Is Just a Catchphrase Bitcoin Layer-2 Botanix Mainnet Debuts, Cuts Block Times to 5 Seconds XRPL EVM Sidechain Goes Live, Unlocking […]
Bitcoin’s STH cost basis suggests $117K is the next stop for BTC price
Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price.
BlackRock’s Bitcoin ETF Generating More Revenue Than its Flagship S&P 500 Fund
BlackRock’s iShares Bitcoin Trust (IBIT) is now generating more revenue than one of the asset manager’s most iconic products, the iShares Core S&P 500 ETF (IVV), according to Bloomberg data. Despite having just $52 billion in AUM — a fraction of IVV’s $624 billion in total assets — IBIT’s higher fee structure has turned it […]
Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3%
Ripple, the digital asset firm closely associated with the XRP Ledger network, has applied on Wednesday for a national banking license at the Office of the Comptroller of the Currency (OCC), a spokesperson confirmed to CoinDesk. The license would allow the company expand its crypto services and operate across state lines under federal regulation. Ripple […]
Altcoin Season Index Drops to 22 as Market Awaits Momentum Shift
The altcoin market continues to live in the shadow of Bitcoin dominance, with the latest data from BlockchainCenter.net placing the Altcoin Season Index at a lowly 22. The index, which tracks relative altcoin strength against Bitcoin, is a clear retreat from the 75 level of outright Altseason. There is no immediate indication of reversal on […]
Polkadot’s DOT Rises 6% as Bullish Momentum Breaks Key Resistance
Polkadot’s DOT surged 6% higher amid a rally in crypto markets, with strong volume supporting a decisive breakout through resistance at the $3.34 and $3.44 levels, according to CoinDesk Research’s technical analysis model. The model showed the price found strong support at $3.25 during the 01:00 hour with above-average volume, establishing a solid foundation for […]
JPMorgan’s Kinexys Launches Carbon Credit Tokenization
Kinexys partners with major registries to tokenize and track carbon credits on-chain. Tokenization aims to solve inefficiencies, fragmentation, and lack of transparency. Blockchain use may support a global, interoperable carbon credit trading system. JPMorgan Chase’s blockchain unit, Kinexys, is piloting a project aimed at tokenizing carbon credits through blockchain technology. The bank has partnered with […]
Standard Chartered Predicts BTC to Hit $200K by End of 2025
Standard Chartered sees Bitcoin hitting $135K in Q3 and $200K by year-end 2025. Strong ETF demand and corporate accumulation could help prevent post-halving price declines. Macroeconomic factors, such as Fed policy and inflation, will shape Bitcoin’s path ahead. Bitcoin may be preparing for an explosive rally if the projection made by global banking giant Standard […]