Dom Kwok, co-founder of EasyA, has reiterated his long-term XRP price outlook, insisting it will reach four-digit figures. In a recent tweet, he said the years of work building around the XRP ecosystem are aimed at something far bigger than today’s prices. In his words, he didn’t “go grey at the age of 30” for…
The tariffs would be imposed to all goods entering the US if Canada strikes a deal with China. The tension between the two North American giants continues to escalate as US President Donald Trump just warned on his social media platform that he is willing to tax its northern neighbor with a 100% tariff…
In brief USD‑pegged stablecoins account for nearly the entire market, driven by liquidity, regulation, and global dollar dominance. Non‑dollar experiments, from national currencies to commodity and basket‑backed designs, have struggled to scale. Alternatives still encounter skepticism following the collapse of Terra in 2022. More than a decade after the first stablecoins emerged, the U.S. dollar…
There will come a time when this newsletter is not about crypto market structure legislation. But this is not that time. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative The Senate Agriculture Committee published its new draft…
US prosecutors will not retry their wire fraud and money laundering case against a former manager at the nonfungible token platform OpenSea, following a federal appeals court’s July reversal of the convictions. On Wednesday, prosecutors told a Manhattan federal court that they entered into a one-month deferred prosecution agreement following the appeals court ruling, after…
Binance Coin price has remained stable above $890, despite recent market corrections. The cryptocurrency’s price has been relatively flat, as it faces resistance following a bearish trend last week. Grayscale garnered news after filing an S-1 registration with the SEC of its planned spot BNB ETF, becoming a major milestone towards Binance Coin becoming widely…
The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight. A majority of lawmakers in the Dutch parliament appear ready to back changes to the country’s Box 3 asset tax regime, which would require investors to pay annual tax on both realized…
Strive’s push to raise $150 million to expand its Bitcoin holdings highlights how aggressively institutions are leaning into crypto right now. But while firms keep stacking Bitcoin, crypto-native whales are moving into early-stage projects with more upside potential. They’re using the DeepSnitch AI bonus to load up on discounted DSNT ahead of launch. The protocol is…
On January 22, Sky’s SKY token rose about +8% in 24 hours, moving against a softer crypto market. SKY, the governance token of Sky Protocol, traded between $0.066 and $0.067 across major exchanges, including Binance, Coinbase, and Kraken. (Source: Coingecko) Trading volume over the day ranged from roughly $20M to $40M, while the project’s market…
More than $700M flowed out of US spot Bitcoin ETFs in a single day this week, marking the sharpest pullback in two months. Let’s dive into why is crypto crashing? According to Bloomberg’s latest report on January 21, investors pulled roughly $709M from spot Bitcoin ETFs listed in the US. It was the biggest daily…