Category
Markets
SBI Acquires Bitbank for $289 Million Amid Japan's Crypto Consolidation
SBI Holdings has purchased Japanese crypto exchange Bitbank for $289 million, signaling market consolidation as regulations tighten, according to CoinDesk. The acquisition boosts SBI's assets under custody to approximately 1.1 trillion yen and enhances its digital asset strategy, addressing the rising costs of operating independent exchanges.
10 hours ago·CoinDesk·Reported by Will Canny
Bitcoin Drops Below $60,000, Facing Rare Back-to-Back Quarterly Losses
Bitcoin falls below $60,000 and is on track to end the second quarter down approximately 12%, marking back-to-back quarterly losses for the first time in its history, according to CoinDesk. Ether and various altcoins suffer even greater declines, raising questions about the market's direction heading into the third quarter.
18 hours ago·CoinDesk·Reported by Shaurya Malwa
Stablecoin Founders Concentrated in U.S. as Global Volume Surges
The stablecoin transaction volume surpassed $28 trillion in 2025, revealing a disparity between where stablecoins are most used and where their founders are based. While emerging markets like Nigeria and Argentina drive this volume demand, most stablecoin founders and venture capital are concentrated in the U.S. and Europe, according to a report by Decrypt.
yesterday·Decrypt·Reported by Alex Witt
Robinhood Layoffs Reflect Crypto Market Sentiment Amid Restructuring
Robinhood’s recent layoffs highlight trends in the crypto investment landscape, indicating a shift towards a late bear market, according to analysis by Altcoin Pro's Ryan Horst, Nick Anderson, and Joni Zhuleku featured in CoinDesk. The restructuring, linked to declining trading volume and reduced market confidence, underscores the correlation between tech layoffs and crypto cycles.
yesterday·CoinDesk·Reported by Ryan Horst
Binance Founder CZ Links Crypto Market Decline in 2026 to AI and Global Tensions
Binance founder Changpeng "CZ" Zhao attributes the crypto market's downturn in 2026 to various factors, including the rise of artificial intelligence investments and ongoing geopolitical tensions, according to an interview with CoinDesk. He remains optimistic about the long-term growth of the crypto industry despite the current circumstances.
2 days ago·CoinDesk·Reported by Nikhilesh De
Major Cryptocurrencies Struggle as AI Stocks Gain Popularity
This week, major cryptocurrencies faced downtrends as investors shifted focus to AI-related stocks, according to CoinDesk. Dogecoin and Hyperliquid's HYPE saw losses of nearly 10%, while Bitcoin slipped about 5% as broader market conditions favored equities over crypto assets.
2 days ago·CoinDesk·Reported by Shaurya Malwa
Aave and Solana Tokens Drive Crypto Market Improvement as Bitcoin Stabilizes
On June 26, 2026, Aave's token increased by 19% following reports of a potential investment from Kraken, while Solana's activity surged due to rising trading volumes in tokenized stocks. This information comes from a report by CoinDesk.
2 days ago·CoinDesk·Reported by Krisztian Sandor
Kalshi Expands Reach with FIFA World Cup Partnership Amid Record Prediction Market Trading
Kalshi has announced a partnership with ADI Predictstreet, enhancing its visibility during the FIFA World Cup as trading volumes across prediction markets surge. Last week, weekly trading volumes reached $14.5 billion, with Kalshi capturing a significant share of sports wagers, according to Decrypt.
2 days ago·Decrypt·Reported by André Beganski
Goldman Sachs Notes IPO Activity Lacks Dot-Com Era Fever
Goldman Sachs reports that U.S. IPO activity has significantly risen in 2026, yet it does not exhibit the speculative excess seen during the dot-com bubble. The current issuance reflects a normal recovery rather than an euphoria-fueled surge, according to CoinDesk.
3 days ago·CoinDesk·Reported by Will Canny
Bitcoin Surges to $59,700 After Hitting $58,100 Amid Derivatives Liquidations
Bitcoin rebounds from an initial drop to $58,100, reaching approximately $59,700, as derivatives data indicates increased market stress, according to CoinDesk. This volatility sees over $1 billion in leveraged long positions liquidated, with ether failing to follow suit and continuing its decline.
3 days ago·CoinDesk·Reported by Oliver Knight
Investors Eye Strategy's June 30 Ex-Dividend Date and Dividend Rate Reset
Investors closely monitor Strategy's STRC preferred stock ahead of the June 30 ex-dividend date and monthly dividend rate reset, according to CoinDesk. Currently trading at approximately $73, the stock is 27% below its par value of $100, with expectations for the dividend rate to rise from 11.50% to at least 12%.
3 days ago·CoinDesk·Reported by James Van Straten
Sharplink Receives 5,000 ETH in First Inflow Since October 2025
Sharplink, the second-largest corporate holder of ether, announced it received 5,000 ETH valued at approximately $7.85 million on June 26, 2026. This marks its first ether inflow in eight months, despite the firm facing a significant unrealized loss of nearly $1.8 billion, according to CoinDesk.
3 days ago·CoinDesk·Reported by Shaurya Malwa
Major Cryptocurrencies Decline Amid Tech Stock Selloff
Ether, XRP, and dogecoin have experienced notable declines, leading a broader cryptocurrency selloff as technology stocks falter. Analysts indicate that the selling pressure is partly due to large holders offloading assets in a market with diminishing risk appetite, according to CoinDesk.
3 days ago·CoinDesk·Reported by Shaurya Malwa
Bitcoin Recovers to $59,800 as Asian Markets Decline
Bitcoin has rebounded to approximately $59,800 following a drop in Asian equity markets, according to CoinDesk. The cryptocurrency is down over 5% for the week and nearly 20% for the month, while Asian stocks face pressure with significant declines in South Korea and Japan.
3 days ago·CoinDesk·Reported by Omkar Godbole
Strategy's STRC Preferred Stock Yields Increasing Correlation with Bitcoin
Strategy Inc.'s perpetual preferred stock, STRC, has reported a correlation coefficient with bitcoin reaching 0.70, marking its highest since 2025. This development is concerning for investors as both STRC and bitcoin have exhibited significant declines in value this month, according to CoinDesk.
3 days ago·CoinDesk·Reported by Omkar Godbole
Circle and Nomura Team Up for Digital FX Settlements in Japan
Circle and Nomura Holdings announce a partnership to launch a USD Coin-based settlement service for cross-border transactions in Japan, potentially rolling out in 2027. This initiative aims to improve efficiency in Japan's foreign exchange market, which currently handles approximately $440 billion in daily transactions, according to CoinDesk.
4 days ago·CoinDesk·Reported by Olivier Acuna
MSTR and STRC Stocks Hit 52-Week Lows Amid Crypto Market Fluctuations
Strategy’s MSTR and STRC have dropped to 52-week lows as stress tests on Michael Saylor's treasury model increase. Decrypt reports that MSTR fell 9.35% to $94.13, while STRC slid 7.41% to $80.84, raising concerns in the broader crypto market.
4 days ago·Decrypt·Reported by Tyler Warner
Crypto Relief Rally Weakens Under Bearish Derivatives Signals
A recent relief rally in the crypto market appears fragile as bearish derivatives indicators persist, according to CoinDesk. Despite Bitcoin and Ether recovering slightly, the market shows signs of continued short positioning and capital inflows favoring bearish trades.
4 days ago·CoinDesk·Reported by Oliver Knight