Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
The announcement comes as the yen, one of the top five küresel reserve currencies, bears the brunt of Japan’s fiscal imprudence.
Financial
May 2025
Financial
Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance
At the Mar-a-Lago dinner, Trump wooed a constituency Biden has thoroughly snubbed. But the GOP candidate isn’t exactly fluent in crypto policy.
Financial
SEC Rebuts Coinbase’s Attempt to Get Appeals Court to Answer Key Crypto Question
The exchange wants an appeal court to rule on whether conventional securities rules apply to crypto. Coinbase hopes they don’t.
Financial
U.S. House’s McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.
Financial
Bitcoin Is In a ‘Bore You to Death’ Phase, but Bottom Could Be Close, Analysts Say
This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
Financial
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The white-shoe law firm’s handling of the FTX bankruptcy case has been controversial.
Financial
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It’s Non-Transferable
Perpetual futures markets price the fully diluted value of the token at around $15 billion.
Financial
Celo Community Ratifies Plan to Use Optimism’s OP Stack for New Layer-2 Chain
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Financial
DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
The Near Protocol’s Near token has more than doubled in price in 2024.
Financial
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.