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#Btc. $BTC (BTC) traded at $119,430 in early Asia hours on Monday, up 1.24%, as bullish momentum continued following a series of institutional milestones and a breakthrough trade deal between the United States and the European Union. The #CoinDesk 20 Index rose 2.37% to 4,099.18, extending its recent recovery.
Over the weekend, President #DonaldTrump and European Commission President Ursula von der Leyen announced a framework trade agreement at Turnberry, Scotland, that sets a 15% U.S. import tariff on E.U. goods, avoiding the previously threatened 30% rate. The deal includes $600 billion in E.U. investment in U.S. energy and defense over the next three years and aims to reduce Europe’s reliance on Russian fuel. Tariffs on steel and aluminum remain at 50% for the time being.
At the same time, bitcoin’s realized market capitalization, a measure of the total value of#Btc
based on the last time each coin moved, crossed the $1 trillion threshold for the first time, according to Glassnode.
All this comes as $BTC continues to consolidate above $118,000 after hitting a record high of $122,700 last week. The rally triggered significant long-term holder selling, while drawing in new buyers and fresh capital.#BTC dominance, which measures $BTC Bitcoin’s market share relative to the total crypto market, has edged down to 60.98%, suggesting modest rotation into altcoins.
Over the weekend, President #DonaldTrump and European Commission President Ursula von der Leyen announced a framework trade agreement at Turnberry, Scotland, that sets a 15% U.S. import tariff on E.U. goods, avoiding the previously threatened 30% rate. The deal includes $600 billion in E.U. investment in U.S. energy and defense over the next three years and aims to reduce Europe’s reliance on Russian fuel. Tariffs on steel and aluminum remain at 50% for the time being.
At the same time, bitcoin’s realized market capitalization, a measure of the total value of#Btc
based on the last time each coin moved, crossed the $1 trillion threshold for the first time, according to Glassnode.
All this comes as $BTC continues to consolidate above $118,000 after hitting a record high of $122,700 last week. The rally triggered significant long-term holder selling, while drawing in new buyers and fresh capital.#BTC dominance, which measures $BTC Bitcoin’s market share relative to the total crypto market, has edged down to 60.98%, suggesting modest rotation into altcoins.
Altcoin Selloff Hits XRP, DOGE, SOL — But Altseason May Still Be Alive
$XRP , $DOGE , and $SOL led a sharp drop in altcoins this week, falling around 5% in 24 hours and up to 18% from recent highs. Meanwhile, Bitcoin held relatively steady, down just 3% from its peak.
The pullback was likely driven by excessive leverage in altcoin markets, with open interest hitting historically risky levels. Despite the drop, analysts say altcoin season could still continue — but only if Bitcoin Dominance stays below its 200-day moving average, a key technical signal that has historically preceded extended altcoin rallies.
For now, traders are advised to be cautious and wait for confirmation before diving back into altcoins.
#CoinDesk #Xrp🔥🔥 #Dogecoin #solana #bitcoin
The pullback was likely driven by excessive leverage in altcoin markets, with open interest hitting historically risky levels. Despite the drop, analysts say altcoin season could still continue — but only if Bitcoin Dominance stays below its 200-day moving average, a key technical signal that has historically preceded extended altcoin rallies.
For now, traders are advised to be cautious and wait for confirmation before diving back into altcoins.
#CoinDesk #Xrp🔥🔥 #Dogecoin #solana #bitcoin
Crypto Trending: U.S. Turns Tides with Major Laws, Hacks & Altcoin Momentum
1. A New Regulatory Era: GENIUS Act Signed into Law
On July 18, 2025, President Trump signed the GENIUS Act, a landmark law requiring stablecoins to be fully backed by low-risk assets like U.S. dollars or Treasury bills, with monthly public reserve disclosures Forex and Profits+3Wikipedia+3Reddit+3Politico+3Reuters+3Wikipedia+3.
Lawmakers view this as the foundation for institutional trust in crypto—yet concerns linger around AML protections and corporate power MarketWatch.
Two additional bills—the Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act—have cleared the House and are awaiting Senate votes, aiming to clarify regulation and block a Fed‑issued digital currency Financial Times+3MarketWatch+3Barron's+3.
2. Institutional Legitimacy: Strategic Bitcoin Reserve
Earlier in March 2025, Trump issued an executive order establishing a Strategic Bitcoin Reserve and U.S. digital asset stockpile funded by forfeited crypto (ca. 200,000 BTC), elevating Bitcoin to a sovereign reserve asset Wikipedia+2Wikipedia+2Wikipedia+2.
This initiative has drawn varied responses—from admiration of its bold vision to skepticism over its long‑term fiscal logic WikipediaWikipedia.
3. Security Breach Shakeup: CoinDCX Suffers $44M Hack
India’s CoinDCX exchange was hit by a major cyberattack, losing about $44 million after hot wallet keys were compromised. While client funds remained untouched, the incident drew sharp attention to exchange cybersecurity risks The Economic Times.
4. Altcoins Set for Explosive Move as Market Rebalances
With Bitcoin dominance peaking near 64%, analysts are sharpening their focus on altcoins and meme tokens. Expect names like Ethereum, Arbitrum, SUI, and Little Pepe (LILPEPE) to lead the emerging altcoin season Forex and Profits+3coinpedia.org+3indiatimes.com+3.
Projections suggest altcoin market cap could grow from ~$1.13 trillion to over $4–7 trillion in a sustained bull run Redditproinvest.media.
5. Layer‑2 & AI‑Driven Altcoin Explosion
Leading Layer‑2 platforms like Arbitrum and Optimism are gaining traction for scalability and DeFi throughput. Additionally, tokens merging AI with blockchain, such as Fetch.ai and SingularityNET, are drawing investor interest for 2025 growth potential genspark.ai+5cryptoinsight.me+5indiatimes.com+5.
Breakdown Spotlight:
SUI (Sui Network) just surpassed $2.3 billion in TVL and rallied past $4.00 following institutional and developer engagement (e.g. Google Cloud, HSBC) coinpedia.org.
ARB (Arbitrum) is monetizing transaction ordering via its Timeboost feature, with projected upside to ~$0.46–0.48 and beyond as adoption accrues coinpedia.org.
6. Political Capital & Crypto Meme Finance
Trump’s labeled "Crypto Week" and his earlier $TRUMP meme coin launch (~$31 billion valuation) drew both criticism and a wave of bullish sentiment. Political and financial narratives continue converging into crypto momentum The Times+2Wikipedia+2Barron's+2.
🔍 Key Market Implications:
FactorImpactStablecoin LegislationLends trust and compliance standards for broader use in payments and DeFi.Government Bitcoin ReservePositions BTC as a national asset, legitimizing it globally.Security FailuresUnderlines urgency for tighter protocols in exchange governance.Altcoin SeasonDiversifying capital into Layer‑2, DeFi, AI, and meme-driven tokens.
#CoinDesk #BTCvsETH
On July 18, 2025, President Trump signed the GENIUS Act, a landmark law requiring stablecoins to be fully backed by low-risk assets like U.S. dollars or Treasury bills, with monthly public reserve disclosures Forex and Profits+3Wikipedia+3Reddit+3Politico+3Reuters+3Wikipedia+3.
Lawmakers view this as the foundation for institutional trust in crypto—yet concerns linger around AML protections and corporate power MarketWatch.
Two additional bills—the Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act—have cleared the House and are awaiting Senate votes, aiming to clarify regulation and block a Fed‑issued digital currency Financial Times+3MarketWatch+3Barron's+3.
2. Institutional Legitimacy: Strategic Bitcoin Reserve
Earlier in March 2025, Trump issued an executive order establishing a Strategic Bitcoin Reserve and U.S. digital asset stockpile funded by forfeited crypto (ca. 200,000 BTC), elevating Bitcoin to a sovereign reserve asset Wikipedia+2Wikipedia+2Wikipedia+2.
This initiative has drawn varied responses—from admiration of its bold vision to skepticism over its long‑term fiscal logic WikipediaWikipedia.
3. Security Breach Shakeup: CoinDCX Suffers $44M Hack
India’s CoinDCX exchange was hit by a major cyberattack, losing about $44 million after hot wallet keys were compromised. While client funds remained untouched, the incident drew sharp attention to exchange cybersecurity risks The Economic Times.
4. Altcoins Set for Explosive Move as Market Rebalances
With Bitcoin dominance peaking near 64%, analysts are sharpening their focus on altcoins and meme tokens. Expect names like Ethereum, Arbitrum, SUI, and Little Pepe (LILPEPE) to lead the emerging altcoin season Forex and Profits+3coinpedia.org+3indiatimes.com+3.
Projections suggest altcoin market cap could grow from ~$1.13 trillion to over $4–7 trillion in a sustained bull run Redditproinvest.media.
5. Layer‑2 & AI‑Driven Altcoin Explosion
Leading Layer‑2 platforms like Arbitrum and Optimism are gaining traction for scalability and DeFi throughput. Additionally, tokens merging AI with blockchain, such as Fetch.ai and SingularityNET, are drawing investor interest for 2025 growth potential genspark.ai+5cryptoinsight.me+5indiatimes.com+5.
Breakdown Spotlight:
SUI (Sui Network) just surpassed $2.3 billion in TVL and rallied past $4.00 following institutional and developer engagement (e.g. Google Cloud, HSBC) coinpedia.org.
ARB (Arbitrum) is monetizing transaction ordering via its Timeboost feature, with projected upside to ~$0.46–0.48 and beyond as adoption accrues coinpedia.org.
6. Political Capital & Crypto Meme Finance
Trump’s labeled "Crypto Week" and his earlier $TRUMP meme coin launch (~$31 billion valuation) drew both criticism and a wave of bullish sentiment. Political and financial narratives continue converging into crypto momentum The Times+2Wikipedia+2Barron's+2.
🔍 Key Market Implications:
FactorImpactStablecoin LegislationLends trust and compliance standards for broader use in payments and DeFi.Government Bitcoin ReservePositions BTC as a national asset, legitimizing it globally.Security FailuresUnderlines urgency for tighter protocols in exchange governance.Altcoin SeasonDiversifying capital into Layer‑2, DeFi, AI, and meme-driven tokens.
#CoinDesk #BTCvsETH
XRP Rides a Fresh Wave at $3.55
Ripple’s XRP has climbed back above $3.50 for the first time in several weeks, trading at approximately $3.55 as of this morning, with a 24-hour volume of nearly $17.1 billion . That surge represents an 11 % gain in the last day and over 36 % for the week, signaling renewed conviction among both retail and institutional players.
#coindesk
---
Whales Are Quietly Accumulating
On-chain data shows that large XRP addresses have withdrawn significant balances from exchanges over the past 48 hours. When supply is moving off-platform, it often means traders intend to hold rather than flip for a quick profit. This pattern mirrors the behavior seen during Ripple’s March announcement as part of the U.S. strategic crypto reserve—only now, it’s happening without fanfare, suggesting seasoned investors are positioning ahead of any regulatory news.
---
ETFs, Renewed Optimism, and Court Clarity
The optimism isn’t isolated. Spot ETF flows into XRP-related products have ticked up modestly following September’s court ruling, which clarified aspects of XRP’s status under U.S. securities law. While no new ETF launched this week, traders are front-running what they believe could be the next approval—especially if the Clarity Act gains traction in Washington.
---
Community Buzz and FOMO
Scroll through social channels, and you’ll see threads like “XRP back on track” and “Did you miss this run?” Fresh “I bought the dip” posts abound, with newcomers urging each other to “hold for the next leg.” That grassroots buzz, combined with volume spikes, creates a self-reinforcing cycle: more buyers drive price, and higher price attracts more chatter.
---
What Comes Next
Support zone: Watch whether XRP can stay above $3.40—holding here would confirm the recent breakout.
Volume trend: Sustained 24-hour volumes above $15 billion indicate genuine interest; a drop below $10 billion could suggest a quick cooldown.
Regulatory signals: Any news on stablecoin or token clarity bills in Congress might accelerate the next move.
Through the lens of today’s activity, XRP’s latest rally feels less like a random pump and more like a coordinated pre-positioning ahead of expected catalysts. Whether this momentum holds or peters out will revea
l just how deep the conviction runs.
#AltcoinBreakout #AltcoinSeasonLoading #PowellVsTrump
#coindesk
---
Whales Are Quietly Accumulating
On-chain data shows that large XRP addresses have withdrawn significant balances from exchanges over the past 48 hours. When supply is moving off-platform, it often means traders intend to hold rather than flip for a quick profit. This pattern mirrors the behavior seen during Ripple’s March announcement as part of the U.S. strategic crypto reserve—only now, it’s happening without fanfare, suggesting seasoned investors are positioning ahead of any regulatory news.
---
ETFs, Renewed Optimism, and Court Clarity
The optimism isn’t isolated. Spot ETF flows into XRP-related products have ticked up modestly following September’s court ruling, which clarified aspects of XRP’s status under U.S. securities law. While no new ETF launched this week, traders are front-running what they believe could be the next approval—especially if the Clarity Act gains traction in Washington.
---
Community Buzz and FOMO
Scroll through social channels, and you’ll see threads like “XRP back on track” and “Did you miss this run?” Fresh “I bought the dip” posts abound, with newcomers urging each other to “hold for the next leg.” That grassroots buzz, combined with volume spikes, creates a self-reinforcing cycle: more buyers drive price, and higher price attracts more chatter.
---
What Comes Next
Support zone: Watch whether XRP can stay above $3.40—holding here would confirm the recent breakout.
Volume trend: Sustained 24-hour volumes above $15 billion indicate genuine interest; a drop below $10 billion could suggest a quick cooldown.
Regulatory signals: Any news on stablecoin or token clarity bills in Congress might accelerate the next move.
Through the lens of today’s activity, XRP’s latest rally feels less like a random pump and more like a coordinated pre-positioning ahead of expected catalysts. Whether this momentum holds or peters out will revea
l just how deep the conviction runs.
#AltcoinBreakout #AltcoinSeasonLoading #PowellVsTrump
🟨 CoinDesk 20 Performance Update 🟨
🗓️ June 11, 2025 | 9AM ET
📈 Index: 3,283.15
↗️ +0.4% (+13.33) from Tuesday
🔥 Top Performers:
🔹 $AAVE +2.8% 🚀
🔹 $BCH +1.9% 💥$
📊 Market showing bullish momentum as leaders outpace the pack. Are we setting up for another green day? 🟢
💬 Drop your trades below 👇
#CoinDesk #AAVE #BCH #BinanceSquare #TradingUpdate
🗓️ June 11, 2025 | 9AM ET
📈 Index: 3,283.15
↗️ +0.4% (+13.33) from Tuesday
🔥 Top Performers:
🔹 $AAVE +2.8% 🚀
🔹 $BCH +1.9% 💥$
📊 Market showing bullish momentum as leaders outpace the pack. Are we setting up for another green day? 🟢
💬 Drop your trades below 👇
#CoinDesk #AAVE #BCH #BinanceSquare #TradingUpdate
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
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Hong Kong will host at least 93 major events in the first half of next year, expected to bring in HKD 3.3 billion in consumption!
Recently, the Hong Kong government announced the event calendar for the first half of next year. Hong Kong's Deputy Financial Secretary, Huang Weilun, stated at a press conference that there will be at least 93 major events in the first half of next year, of which 14 will span this year, expected to attract 840,000 visitors, an increase of over 50% year-on-year, and is expected to bring in HKD 3.3 billion in consumption and HKD 1.8 billion in economic added value, representing an increase of 40% and 30% year-on-year, respectively.
These at least 93 events occurring in the first half of 2025 can be simply categorized into five categories. The largest number is cultural, artistic, and creative projects, with 30; followed by conferences and exhibitions, with 26; sports events with 15; and festivals, celebrations, performances, and carnivals with 12; financial, economic, and innovation-related events with 10.
These at least 93 events occurring in the first half of 2025 can be simply categorized into five categories. The largest number is cultural, artistic, and creative projects, with 30; followed by conferences and exhibitions, with 26; sports events with 15; and festivals, celebrations, performances, and carnivals with 12; financial, economic, and innovation-related events with 10.
CoinDesk 20 Index Takes a Hit – Crypto Market Faces Volatility! 🚨
The #CoinDesk 20 Index is feeling the heat, dropping 3.3% to 2571.75, shedding 88.79 points since Monday afternoon. With all 20 assets in the red, this decline signals a rough patch for the crypto market.
🔍 Winners & Losers in the Chaos
✅ Survivors: APT (-0.2%) and BCH (-0.7%) managed to keep losses minimal.
❌ Biggest Losers: LTC (-5.6%) and FIL (-5.5%) took heavy hits, leading the decline.
💡 What This Means for Crypto Investors
🔹 Market-wide pressure – The downturn shows uncertainty across major assets, making investors cautious.
🔹 Volatility at play – Sharp fluctuations remind us that crypto markets are highly unpredictable.
🔹 Strategic moves needed – As markets shift, traders must watch trends closely and position themselves wisely.
The #CoinDesk 20 Index is a key market indicator, giving insights into global crypto trends. With investors on high alert, the next moves in the market could be critical. Will this dip be a buying opportunity, or is more turbulence ahead? 🚀
$BTC
#BMTOnBinance #BinanceAlpha2.0 #crypto
The #CoinDesk 20 Index is feeling the heat, dropping 3.3% to 2571.75, shedding 88.79 points since Monday afternoon. With all 20 assets in the red, this decline signals a rough patch for the crypto market.
🔍 Winners & Losers in the Chaos
✅ Survivors: APT (-0.2%) and BCH (-0.7%) managed to keep losses minimal.
❌ Biggest Losers: LTC (-5.6%) and FIL (-5.5%) took heavy hits, leading the decline.
💡 What This Means for Crypto Investors
🔹 Market-wide pressure – The downturn shows uncertainty across major assets, making investors cautious.
🔹 Volatility at play – Sharp fluctuations remind us that crypto markets are highly unpredictable.
🔹 Strategic moves needed – As markets shift, traders must watch trends closely and position themselves wisely.
The #CoinDesk 20 Index is a key market indicator, giving insights into global crypto trends. With investors on high alert, the next moves in the market could be critical. Will this dip be a buying opportunity, or is more turbulence ahead? 🚀
$BTC
#BMTOnBinance #BinanceAlpha2.0 #crypto
👉👉👉 Peter Thiel Made $200M Investment in $BTC , $ETH Before #Bullrun : Reuters
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
👉👉👉 #coindesk ’s New Owner #bullish Replaces CEO in Restructuring
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
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Cardano ADA Drops 8%: Waiting for the "Trump Boost" for Bitcoin to Grow
The cryptocurrency market is having a volatile week as Bitcoin (BTC) continues to weaken, dragging major altcoins such as Cardano ($ADA ), Solana ($SOL ), Binance Coin (BNB), and Ethereum ($ETH ) down in price. Investors are now focusing on US economic data and the inauguration of President Donald Trump, which are expected to have a major impact on the market.
Cardano Leads the Downtrend
Cardano Leads the Downtrend
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Pakistan Bets on Blockchain: Will Billion-Dollar Remittances Change the Landscape?
Pakistan, one of the largest remittance-receiving countries in the world, is considering using blockchain technology to revolutionize the process of transferring money from abroad. According to Bilal bin Saqib, senior advisor to the Finance Minister and member of the newly established Pakistan Cryptocurrency Council (PCC), blockchain could be the key to reducing costs and speeding up transactions. Could this move help Pakistan tap into the enormous economic potential from its overseas labor community?
#CongressTradingBan
This doesn't harm those people who invite others to invest. The real impact won't be on them. The real risk is only for those whose investments are not transparent or who are in it for short term gain.
But if your investment is clean and you're in a long term project then there's not much to worry about.
What you need to do
Keep an eye on the news
Follow updates on #Binance #CoinDesk and #cointelegrapy
Avoid short term hype and schemes in this situation
Focus on transparent and utility based projects like RWA
DePIN just like what $SOL is doing.
This doesn't harm those people who invite others to invest. The real impact won't be on them. The real risk is only for those whose investments are not transparent or who are in it for short term gain.
But if your investment is clean and you're in a long term project then there's not much to worry about.
What you need to do
Keep an eye on the news
Follow updates on #Binance #CoinDesk and #cointelegrapy
Avoid short term hype and schemes in this situation
Focus on transparent and utility based projects like RWA
DePIN just like what $SOL is doing.
Pakistan's Strategic Move Towards Cryptocurrency Integration
Pakistan is embarking on a transformative journey to integrate cryptocurrency and blockchain technology into its national economic framework. This initiative is spearheaded by the newly established Pakistan Crypto Council (PCC), led by Chief Advisor to the Finance Minister, Bilal Bin Saqib.Bitcoin $BTC
agazine+14CoinDesk+14Reddit+14
A cornerstone of this strategy is the creation of a national Bitcoin reserve, inspired by similar moves in the United States. The reserve will consist of Bitcoin holdings from criminal and civil forfeitures, with a policy of long-term retention rather than speculative trading. This approach aims to establish Bitcoin as a strategic asset within Pakistan's financial system.
To support this digital infrastructure, Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers. This move addresses the country's surplus electricity capacity and is expected to attract foreign investment, create high-tech employment opportunities, and foster economic growth. Reuters
The PCC is also working towards formalizing cryptocurrency regulations to provide a clear legal framework for digital assets. This includes exploring blockchain-based solutions for remittances, which could streamline the process and reduce costs for the significant Pakistani diaspora. Business Recorder+7The Express Tribune+7Profit by Pakistan Today+7CoinDesk
With over 60% of its population under the age of 30, Pakistan is positioning itself to become a hub for blockchain and Web3 innovation. The government's proactive stance on cryptocurrency and blockchain technology reflects a commitment to embracing digital transformation and fostering a more inclusive financial ecosystem.#CoinDesk
agazine+14CoinDesk+14Reddit+14
A cornerstone of this strategy is the creation of a national Bitcoin reserve, inspired by similar moves in the United States. The reserve will consist of Bitcoin holdings from criminal and civil forfeitures, with a policy of long-term retention rather than speculative trading. This approach aims to establish Bitcoin as a strategic asset within Pakistan's financial system.
To support this digital infrastructure, Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers. This move addresses the country's surplus electricity capacity and is expected to attract foreign investment, create high-tech employment opportunities, and foster economic growth. Reuters
The PCC is also working towards formalizing cryptocurrency regulations to provide a clear legal framework for digital assets. This includes exploring blockchain-based solutions for remittances, which could streamline the process and reduce costs for the significant Pakistani diaspora. Business Recorder+7The Express Tribune+7Profit by Pakistan Today+7CoinDesk
With over 60% of its population under the age of 30, Pakistan is positioning itself to become a hub for blockchain and Web3 innovation. The government's proactive stance on cryptocurrency and blockchain technology reflects a commitment to embracing digital transformation and fostering a more inclusive financial ecosystem.#CoinDesk
It seems like you're excited about the recent market pump, potentially triggered by Trump's announcement to postpone tariffs on Europe until July 9. You're also sharing your trading success with Bitcoin ($BTC ), Binance Coin ($BNB ), and Solana ($SOL ).
*Current Market Prices:*
- *Bitcoin (BTC)*: $109,487.08 (1.51% increase)
- *BNB*: $672.4 (0.94% increase)
- *Solana (SOL)*: $177.22 (2.32% increase)
If you're looking for more information on trading or market analysis, consider exploring resources like:
- *#Finnhub *: A financial news and data platform providing real-time market information
- *#BlockchainCouncil *: A blockchain-focused organization offering insights, news, and educational resources
To stay updated on market trends and news, follow reputable sources like #CoinDesk #BinanceSquare
*Current Market Prices:*
- *Bitcoin (BTC)*: $109,487.08 (1.51% increase)
- *BNB*: $672.4 (0.94% increase)
- *Solana (SOL)*: $177.22 (2.32% increase)
If you're looking for more information on trading or market analysis, consider exploring resources like:
- *#Finnhub *: A financial news and data platform providing real-time market information
- *#BlockchainCouncil *: A blockchain-focused organization offering insights, news, and educational resources
To stay updated on market trends and news, follow reputable sources like #CoinDesk #BinanceSquare
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#BinanceEarnYieldArena
$BTC
What you need to know
• More than $160 billion has been wiped from the total market value of cryptocurrencies since Friday due to factors such as Trump's tariff threats and global economic concerns.
• Despite the current market downturn, historical data suggests a potential increase in April, with Bitcoin historically averaging a return of 27% in this month.
• The transfer of a large amount of Bitcoin from the defunct Mt. Gox exchange may cause market volatility due to fears of creditor liquidation.
Source #CoinDesk
$BTC
What you need to know
• More than $160 billion has been wiped from the total market value of cryptocurrencies since Friday due to factors such as Trump's tariff threats and global economic concerns.
• Despite the current market downturn, historical data suggests a potential increase in April, with Bitcoin historically averaging a return of 27% in this month.
• The transfer of a large amount of Bitcoin from the defunct Mt. Gox exchange may cause market volatility due to fears of creditor liquidation.
Source #CoinDesk
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