Breaking News


Markets

Bitcoin Tops $111K, on Brink of Breaking Record High; Ether's 6% Jump Leads Major Cryptos

The price of BTC has seemingly been capped at $110,000 for several weeks, with gains quickly reversing each time it approached that level.

Bitcoin

Policy

Crypto Tax Proposal That Didn't Make It to Trump's Budget Bill Pushed on Its Own

Senator Cynthia Lummis has introduced a standalone bill to pursue the same objectives to ease up on several tax concerns involving digital assets activity.

Senator Cynthia Lummis, a Wyoming Republican (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Rebounds Toward $110K, Presaging What Could Be a Volatile July

Lifting crypto sentiment today could be what's being touted as a strong debut for a Solana staking ETF.

CoinDesk

Policy

Congress' Budget Bill Advances From Senate Without Crypto Tax Provision

Hopes rose then quickly fell on a potential effort to slip a crypto tax provision into the legislation meant to activate Trump's core policy agenda.

U.S. Senate votes to approve budget bill (video capture, U.S. Senate)

Advertisement

Policy

Leading Crypto Senator Sees End of Year as U.S. Legislation Target

Senator Cynthia Lummis said her realistic goal for the crypto bills is the close of 2025, despite President Donald Trump's wish to sign legislation in August.

Senator Cynthia Lummis, a Wyoming Republican (Jesse Hamilton/CoinDesk)

Policy

U.S. Senators Pitch New Crypto Market Structure Framework as Hearing Approaches

Some of the Republican senators working on digital assets policy shared a set of principles to steer the the digital assets policies they're contemplating.

Senator Scott, chairman of the Senate Banking Committee

Markets

Fed Leaves Rates Steady, Expects Weaker Growth, Sticky Inflation

Bitcoin price was little changed and traded just above $104,000 as policymakers expect stickier inflation and slower growth.

U.S. Federal Reserve Chairman Jerome Powell (Chip Somodevilla/Getty Images)

Policy

U.S. Senate Passes GENIUS Act to Regulate Stablecoins, Marking Crypto Industry Win

The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now moves on to the U.S. House.

Bill Hagerty, a sponsor of the bill (Kevin Dietsch/Getty Images)

Advertisement

Policy

Crypto Market Structure Bill Moves Out of House Committees, Stablecoin Action Pending

The market structure bill got an overhaul in two House committees at the same time while the Senate's stablecoin bill is steaming toward a finish.

House Agriculture Committee Chairman Glenn "GT" Thompson (Jesse Hamilton/CoinDesk)

Finance

Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise

The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.

Head and shoulders photo of U.S. President Donald Trump standing behind a microphone.