Trident Digital to create XRP treasury of up to $500M
The reserve will be funded through stock issuance and other financial instruments, according to the announcement.
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Trump addresses Coinbase summit to discuss crypto plans
The US president has spoken in person at the Bitcoin 2024 conference in Nashville and released a video message for the Digital Asset Summit in New York City.
WhiteBIT Coin hits $34 amid strong bullish momentum
WhiteBIT Coin (WBT) has hit a new all-time high amid strong bullish momentum. WhiteBIT has listed the HOME token and launched HOME/USDT trading. WhiteBIT has teased a major football partnership, fueling further hype. WhiteBIT Coin (WBT) surged to a new all-time high of $34.10 on June 12, 2025, marking a major milestone for the rapidly…
Shopify to Enable USDC Payments on Coinbase’s Base for Merchants Worldwide
E-commerce giant Shopify (SHOP) is bringing stablecoin payments to its merchants over Base, crypto exchange Coinbase (COIN)’s Ethereum layer-2 network, the companies said on Thursday. The integration is set to roll out on June 12 to a limited group of early access merchants, with broader availability expected later this year for all merchants using Shopify…
Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research
A more upbeat macroeconomic backdrop, growing corporate appetite for digital assets, and increased regulatory clarity will fuel a constructive outlook for crypto markets in the second half of 2025, according to a report by Coinbase Research. After a bumpy first quarter marked by a brief contraction in U.S. GDP and trade disruptions, data now point…
DeFi Adding $5B of Solana Buying Power With New Line of Credit
DeFi Development (DFDV), the Nasdaq-listed firm pursuing a solana SOL treasury strategy, is planning to get some more dry powder to boost its SOL stack. According to a Thursday press release, the company has secured a $5 billion equity line of credit with RK Capital Management. The agreement allows DeFi Dev to sell shares at…
Donald Trump: Administration Will Work Toward ‘Clear and Simple’ Crypto Frameworks
MANHATTAN — U.S. President Donald Trump again touted his crypto bona fides at a conference Thursday, telling an audience it was an “honor” to be considered a crypto president. Speaking in a 90-second recorded video at Coinbase’s (COIN) State of Crypto Summit (no relation to the CoinDesk newsletter with the same name), Trump reiterated comments…
The Protocol: Polygon, Once a Scaling Leader, Eyes a Revamp
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech & Protocols team. In this issue: Sandeep Nailwal Takes Control of Polygon Foundation, Charts New Course, Retires ZkEVM Ethereum Foundation Unveils New Treasury Policy With 15% Opex Cap Bitcoin Core 30…
HBAR price dips 6.43% as volatility brews and CMF turns bearish
The Chaikin Money Flow is in negative territory, showing bearish capital flows. Squeeze Momentum Indicator hints at upcoming price volatility. Reclaiming $0.180–$0.188 may signal trend reversal, but outlook remains cautious. HBAR has reversed its earlier gains this week, dropping 6.43% in the last 24 hours and settling at $0.1679. The altcoin’s short-lived rally of 13%…
Stablecoins could top $2 trillion by 2028, says Treasury Secretary Bessent as US moves to regulate sector
The US stablecoins market represents 96% of the global $247 billion market. The GENIUS Act cleared a key hurdle this week after passing a cloture vote in the US Senate. Bessent told senators that stablecoins represent a “new mechanism” to reinforce the US dollar’s global position. The US stablecoin market is heading for a regulatory…