Track market-moving stories before they get noisy

Is Investing in Crypto FinTech a Right Business Move In 2020?

Today

Updated 26 minutes ago

Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going

A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that crypto had been sliding alongside.

5:35 AM

Negative

MemeCore's M token suddenly crashes 80% with no clear trigger

The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain investigator ZachXBT warned in April that M's price had been propped up by insiders.

5:02 AM

Positive

Ripple's RLUSD stablecoin goes live in Japan after regulatory approval

Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.

4:53 AM

Neutral

BTC0.00%

Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.

The market has found a new support level and it could be tested following Thursday's U.S. inflation data.

4:32 AM

Negative

XRP slides 2.8% as weak bounce keeps $1 support in focus

Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure.

4:29 AM

Negative

Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound

The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.

Yesterday

7:52 PM

Neutral

Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish

In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.

7:48 PM

Positive

Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket

The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.

5:18 PM

Binance withdraws Greek MiCA bid but vows to remain in Europe

The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.

4:01 PM

Negative

BTC0.00%

Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital

South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.

4:00 PM

BTC0.00%

Crypto Long & Short: Infrastructure is the prevailing currency in digital assets

In this week's Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk's liquidation feed, Liquibit Capital's Alen Pavlović finds that June's forced selling peaked near $68,000, days before bitcoin actually bottomed.

3:45 PM

Negative

SecondFi loses $2.4 million in Cardano wallet exploit

SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.

3:42 PM

Negative

Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act

As Congress prepared to celebrate the president's signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event.

3:23 PM

Neutral

Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition

Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.

2:47 PM

Negative

Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone

A 50% drop from recent highs has pushed the asset into a zone historically labeled as a dead end, sparking a debate among crypto analysts.

1:48 PM

Negative

Gold, silver and bitcoin tumble as 'debasement' trade unwinds

Precious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.

1:42 PM

Negative

BTC0.00%

Bitcoin could fall to $55,000 before finding a bottom, 10x Research says

A strengthening U.S. dollar and the Fed's hawkish turn under new chair Kevin Warsh may keep pressure on crypto through the summer.

1:19 PM

Positive

CoinDesk 20 performance update: Aave (AAVE) gains 5.9% as index moves higher

Internet Computer (ICP), up 2% from Tuesday, joined Aave (AAVE) as a top performer.

1:00 PM

CZ, Binance founder, wants to clear up 'misunderstandings' about who he is

The former CEO of the world's largest crypto exchange is seeking to redefine himself to the world on his own terms.