The U.S. Securities and Exchange Commission has been busy over the past few weeks, hinting at a brighter future for crypto companies. PS: I’ll be in San Francisco next week for the American Banker Payment Forum. Say hello. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection …
Miner Extractable Value. That phrase is essentially one of the biggest fundamental risk spaces that exist for blockchain based systems. The original conception of a blockchain included incentives for miners (or other consensus participants deciding transaction ordering) to earn revenue based on whatever initial block subsidy is entered into circulation …
Financial markets are sending mixed signals as uncertainty reaches new highs. On Feb. 25, the US debt ceiling was raised from $36.1 trillion to $40.1 trillion, marking another massive expansion in government borrowing. Following a historical pattern, the benchmark 10-year Treasury yield reacted to the news by dropping from 4.4% …
Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are suggesting that most cryptocurrencies won’t see a widespread “altcoin season” rally in 2025, …
Ripple’s XRP is once again at a critical juncture, navigating a turbulent market filled with both uncertainty and potential. As the token struggles to maintain key support levels, analysts remain divided on whether a rebound is imminent or if further declines are on the horizon. With technical indicators flashing mixed …
As the crypto markets dropped after Bybit’s recovery from the largest crypto theft in history, sentiment has turned overwhelmingly bearish and caused major dips to continue through the following week. Bitcoin ($BTC) fell around -20% in the final week of February, while Ethereum ($ETH) was hit by drops totalling -26%. …
Bitcoin (BTC) dropped close to $78,000 on Feb. 28, but lower levels attracted solid buying by the bulls. CryptoQuant founder and CEO Ki Young Ju said in a post on X that selling after a 30% correction could be a “noob” mistake as Bitcoin rose to a new all-time high …
Rollbacks in blockchain explained In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity. The Bybit hack, which resulted in a staggering $1.46 billion loss, …
By Sandra Grabowiec When Web3 first emerged in 2014, with the term coined by Ethereum co-founder Gavin Wood, it was heralded as the genuine next evolution of the internet. It promised a decentralized, user-centric ecosystem where individuals could take back control of their data, finances, and social interactions, while potentially …
By Omkar Godbole (All times ET unless indicated otherwise) It’s the dip that keeps on dipping. Bitcoin took another hit early Friday, falling below $80,000 and taking February’s decline to over 20%. That spurred a bloodbath in the broader crypto market, with ether sliding below $2,100, a level it managed …
