Solana infrastructure project Jito on Tuesday claimed its protocol’s flagship token, JitoSOL, is not a security. That a crypto project would believe such a thing of its $2.4 billion asset is hardly surprising. More interesting: the very public method with which Jito delivered its opinion. Jito Foundation’s new “Securities Classification Report” explains in 24 footnoted … Read more
Xapo Bank, a wealth manager for long-term holders of bitcoin, said it is offering its members BTC-backed loans of up to $1 million. Crypto lending became something of a bête noire in recent years following a series of high profile collapses and bankruptcies that shook the crypto industry. But crypto-backed loans are now making a … Read more
BX Digital received regulatory approval from the Swiss markets regulator to operate a digital asset trading and settlement platform, becoming the first of its kind in the country, it said. The license from the Financial Market Supervisory Authority (FINMA) allows the Zurich-based company to function as a distributed ledger technology (DLT) trading facility, streamlining transactions … Read more
In case you haven’t looked, it’s Tuesday. For bitcoin traders, that could mean some big price swings. According to Amberdata, Tuesdays have been the most volatile day of the week thus far in 2025, particularly over the past month, where realized volatility has averaged 82. Realized volatility measures the standard deviation of returns from the … 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 2571.75, down 3.3% (-88.79) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: APT (-0.2%) and BCH (-0.7%). Laggards: LTC (-5.6%) and FIL … Read more
A contentious proposal in the Cronos ecosystem drew to a close late Monday, with the community voting in favor of the token supply growing from 30 billion CRO to 100 billion CRO over a 10-year vesting period. That, however, happened after weeks of the community leaning against the switch whilst a few CRO whales — … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) traded around its 200-day average of $84,000 as the notorious Hyperliquid whale exited its multimillion dollar short BTC position. Smaller coins like CAKE, TKX, OKB and ATOM contributed to market optimism with positive performances. The SUI token struggled to extend Monday’s 6% surge, which … Read more
Stablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings are increasingly in demand with a cooldown in crypto prices. Peregrine Exploration, the development firm behind Level, received another $2.6 million led by early backer Dragonfly Capital with Polychain also participating, founders David … Read more
A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy’s (MSTR) price chart. The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn … Read more
Gold has surged to a new all-time high, surpassing $3,025 per ounce to mark an increase of over 15% in since the turn of the year. Meanwhile, bitcoin is lagging (BTC), down 10% year-to-date. Several factors have contributed to gold’s rally, including significant inflows into gold ETFs and its traditional role as a safe-haven asset … Read more
