TORONTO — Lucas Matheson, CEO of Coinbase Canada, made a case for Canada’s new government to create a national crypto strategy during his appearance at Consensus 2025 in Toronto. Speaking on a panel titled, “What the new Canadian Government Needs to do to Lead In Crypto,” Matheson outlined some key steps he believes will help … Read more
Movement Labs, the scandal-plagued crypto startup backed by Donald Trump’s World Liberty Financial, quietly promised large stakes of its token to early insiders—undisclosed deals that now raise fresh questions about who really holds power behind the scenes. Even before its token launch, Movement Labs committed large portions of MOVE’s supply to a handful of early … Read more
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Imagine two major newspapers both endorsing the same presidential candidate. The joint support indicates that the candidate probably has a broad backing. Similarly, when price charts for both bitcoin BTC and Strategy (MSTR) — the largest publicly-listed BTC holder — … Read more
Tokyo-listed investment firm Metaplanet (3350) generated 592 million yen ($4 million) in operating profit in the first quarter of 2025, largely through bitcoin-based income strategies. The company reported 877 million yen in revenue, with 88% coming from option premium harvesting on bitcoin BTC, according to its first quarter earnings release. Metaplanet’s bitcoin stash grew by … Read more
Bitcoin’s (BTC) rally has paused above $100K, slowing the recovery rallies in major altcoins. But one coin stands resilient: monero (XMR), the world’s largest privacy-focused digital asset by market value. XMR has risen 4.6% this week to $347, with prices gaining 2% in the past 24 hours, according to CoinDesk data. The cryptocurrency has outshone … Read more
Solana (SOL) is starting to see capital flow back in after several weeks of outflows. Glassnode data shows SOL’s 30-day realized cap inflows are now firmly back in positive territory, growing at a pace of 4–5%, a level that puts it on par with XRP. While the inflows are relatively modest compared to frenzied periods … Read more
CoW Swap, a decentralized exchange aggregator, is set to introduce a feature it says will boost the number of transactions it can handle and offer more rewards to those who facilitate trades. The feature, called Combinatorial Auctions, will let solvers, those who route trades for the aggregator, work together for the first time to offer … Read more
Coinbase (COIN) expects to pay $180 million to $400 million to customers for a data breach on its platform, which saw attackers gains access to users personal information. The breach occurred on May 11, according to the firm. Attackers were able to access customers personal details, such as name, address, phone number, masked social security … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) The cryptocurrency market pulled back over the last 24 hours, led by declines in major coins as retail investors switched out of large-cap tokens and into smaller, more speculative assets. Both bitcoin BTC and ether ETH dropped around 2% and the CoinDesk 20 Index (CD20), a … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3216.65, down 2.4% (-79.51) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.9%) and LTC (-1.8%). Laggards: NEAR (-5.7%) and POL … Read more
