America’s largest banks are preparing a direct response to one of crypto’s fastest-growing products: stablecoins. JPMorgan Chase, Bank of America, Citigroup and other major lenders said Friday that they plan to launch a shared tokenized deposit network through The Clearing House by the first half… Read More
A week ago, CoinDesk informed readers of the renewed rotation of funds into dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins as bitcoin BTC$65,658.81 pulled back from the early May highs above $80,000. That combination was an early warning sign of potential… Read More
Keyrock, a Brussels-based digital asset services firm, is in the process of acquiring bankrupt crypto trading and lending firm Blockfills, according to two people with knowledge of the matter. A Keyrock spokesperson told CoinDesk that the acquisition is subject to court approval. According to a… Read More
Americans are sending Washington a clear message: the United States should lead the future of digital finance, not fall behind while other countries write the rules. A new national HarrisX survey of registered voters found that 70% say the U.S. should have already passed crypto… Read More
Not everything in bitcoin is at risk from a quantum computer. Bitcoin mining, the process by which new blocks get added to the blockchain, uses a type of math called hashing that quantum computers cannot meaningfully break. The ledger itself and the rule that new… Read More
Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin likely bottomed in early February at $60,000. Speaking at a recent Mizuho event, Saylor reiterated his long-held view that bottoms aren’t necessarily about valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins… Read More
