As it was near-universally expected, the U.S. Federal Reserve left benchmark interest rates steady at 4.25%-4.50% on Wednesday at the June meeting. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace,” the press release said. “The unemployment rate remains low, and…
BNB finds itself at a pivotal moment as price action tightens between two critical technical zones. After a period of consolidation, the cryptocurrency is testing resistance near the 200-period moving average, hovering around the $653 mark. Meanwhile, support around the $640 level continues to hold firm, acting as a safety net for bulls trying to…
Crypto exchange Coinbase (COIN) is venturing further into the global payments business with the launch of Coinbase Payments, the company said in a Wednesday blog post. The service, built on Coinbase’s Ethereum layer-2 network Base, is already live with ecommerce platform Shopify and was designed to bring stablecoin payments to merchants, supporting around-the-clock USDC transactions…
Litecoin clawed back early losses Tuesday to notch a 1.6% daily gain, trading above $84.6 after dipping to $82.69. The rebound came despite choppy markets reacting to heightened tensions surrounding the war between Israel and Iran, which has kept markets on edge, with the odds of a U.S. military action in the region before the…
The Bank of England plans to introduce new proposals on banks’ exposure to crypto by 2026 to protect financial stability, a key official said Wednesday. The U.K. is looking to formulate rules that are more on the restrictive side, said David Bailey, the executive director of prudential policy at the Bank of England, in a…
BNB is stumbling beneath a stiff resistance level of $654, according to CoinDesk Research’s technical analysis model, with price swings driven by a surge of global unease following the ongoing war between Israel and Iran. The token fell back after briefly breaking above $650, showing signs of stress, while the broader market gauge. CoinDesk 20…
Bitcoin Magazine The Trolls Are Coming: Defending Bitcoin Mining from Patent Trolls Introduction: Patent Trolls Targeting Bitcoin Mining Bitcoin’s use of elliptic curve cryptography (ECC), which is essential for generating key pairs and validating digital signatures, has drawn the attention of a nonpracticing entity (NPE), more commonly known as a patent troll. In May 2025,…
In a post on June 17, prominent crypto strategist Astronomer (@astronomer_zero) outlined his high-conviction roadmap for Bitcoin’s next major breakout, emphasizing that timing—not just price—is the most critical factor for those still on the sidelines. Despite projecting a continuation of the broader uptrend that began at $18,000 in 2023, Astronomer warned that jumping in prematurely…
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback UK Startup Optalysys Debuts Server for Blockchains Kraken-Backed Ink Foundation to Airdrop INK Token, Starting…
Stablecoins dominate the tokenization of real-world assets (RWA), but Standard Chartered (STAN) said it sees signs of a broader shift underway. With just $23 billion currently in non-stablecoin RWAs, around 10% the size of the stablecoin market, the investment bank anticipates significant growth as regulatory clarity improves and the focus shifts to assets that benefit…
