CoinDesk 20 Drops 1.6% as SUI and TAO Lead Laggards
SUI's 4.9% drop and TAO's 4.4% slide dragged the broad index down 36.49 points, with only CRO and BNB finishing green among the 20 constituents.
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SUI's 4.9% drop and TAO's 4.4% slide dragged the broad index down 36.49 points, with only CRO and BNB finishing green among the 20 constituents.
The price rebound masks an unresolved Hormuz threat: slower oil-flow repair keeps inflation and Fed-tightening risk on the table, and Bitcoin still trades as the macro proxy that gets hit first.
Five labor groups, including AFL-CIO and SEIU, told senators the market structure bill could jeopardize public pensions — while banks lobby over stablecoin-yield provisions.
Targets cluster between $150K and $250K as the panel calls an end to crypto winter, with one specific caller landing on $189,425 and Ethereum pitched as high as $12,000.
Q1 loan volumes doubled to $2.9B with a 6% revenue beat — but the real call is that the market is pricing FIGR like a fintech, not the pure-play tokenization platform Bernstein thinks it is.
April CPI ran 3.8% YoY and 0.6% MoM — both above consensus — pushing the Fed Funds corridor to stay pinned at 350-375bps through year-end and dragging risk assets lower across the board.
U.S. inflation climbed to 3.8% year-over-year in April, coming in above consensus forecasts and reigniting fears that…
The headline loss is brutal, but the real read is structural: miners are unprofitable below ~$88K cost and the industry is already moving compute to AI/HPC — CleanSpark is just naming the pivot out…
Across tokens listed 30+ days, Bitget posted the highest average return and the largest share of positive performers at 46.8%, edging MEXC despite MEXC's 256-token volume advantage.
The Depository Trust & Clearing Corporation — the rail that processed $4.7 quadrillion in securities transactions last year — is wiring Chainlink's data layer into a tokenized collateral platform…
Revenue fell 23% year-over-year to $37M as the former bitcoin miner retools into AI infrastructure, but $533M in total liquidity keeps the build-out funded through the transition.
The Maelstrom CIO is positioning for maximum risk, naming HYPE, ZEC, and NEAR as his top altcoin picks, and framing the rally as a credit-driven AI-inflation trade with a geopolitical tailwind.
strkBTC is a Starknet-native BTC wrapper — the privacy layer runs on the L2, not on Bitcoin itself, so bitcoin stays on its base chain while shielded balances live elsewhere.
Bridgewater's founder says BTC lacks the privacy central banks require, while MicroStrategy's chair argues the opposite and points to recent flows as proof.
The token-specific setup is the strongest in months — but Bitcoin still captures 82% of weekly flows, and the May 12 CPI print will decide whether XRP's demand data gets to translate into price.
The 63% bitcoin cut is the headline, but the real signal is the dollar pivot: $70M parked in US reserves for a payments deal while revenue slid 36.8% and net loss nearly tripled.
The facility is structured as client-demand financing for Ripple Prime — institutional prime brokerage is the real story, not a corporate lifeline.
The bad debt is gone, but the road back is brutal: FLUID buybacks paused, incentives cut or removed, and an oracle + pricing-system overhaul on the slate before the next product wave.
Backed by the $55.6M AEON Omiya commercial site and built on the ibet for Fin blockchain, the structure brings regulated on-chain real estate exposure to Japanese retail investors.
AFL-CIO, SEIU, and teachers' unions warn the bill would let crypto volatility flow into retirement accounts and public pensions — and the floor vote is Thursday.