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Chainlink has enabled transfers of Coinbase’s wrapped Bitcoin token, cbBTC, from Base to the Monad blockchain using its cross-chain interoperability protocol (CCIP), enabling more than $5 billion worth of cbBTC to move into the Monad ecosystem. According to Monday’s announcement from Monad, the integration brings cbBTC into the Monad DeFi ecosystem, where a bevy of

While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock. Since the House of Representatives passed the CLARITY Act last summer and sent the legislation to the other chamber, lawmakers have faced

Fold, a publicly traded Bitcoin financial services company, has eliminated $66.3 million in convertible debt, removing a potential source of share dilution and simplifying its balance sheet as it prepares to expand its product lineup. In a recent disclosure, Fold said it retired two outstanding convertible notes, which are debt instruments that can be converted

War in the Middle East failed to sink Bitcoin (BTC) below the $63,000 level. That may have attracted buyers who are attempting to maintain the price above $69,000. However, a quick recovery is unlikely. Macroeconomic newsletter Ecoinometrics said in a post on X that deep drawdowns generally unfold slowly, advising “patience rather than urgency.”  Data

Northern Trust Asset Management has launched a tokenized share class of its NIF Treasury Instruments Portfolio, marking its entry into the digital assets market, according to the company.  The structure uses distributed ledger technology to maintain a digital mirror of share ownership, while the underlying portfolio continues to invest in short-term US Treasurys. According to

Bitcoin (BTC) rallied to $70,000 on Monday amid escalating tensions in the Middle East. CryptoQuant data shows short-term holder losses transferred to exchanges fell to a two-week low, contrasting with the heavier selling seen in early February. Bitcoin short-term sellers step back The short-term holder (STH) profit/loss (P&L) to exchanges metric tracks how much Bitcoin

Under the proposed law, Turkey’s president would be allowed to change the income tax rate on digital assets from zero to up to 20%. Turkey's Justice and Development Party proposed a 10% tax on cryptocurrency income and gains as part of a draft bill amending the country’s tax laws. According to a Monday report from

Bitcoin (BTC) surged toward $70,000 after Monday’s Wall Street open as crypto markets diverged from US stocks. Key points: Bitcoin reacts to positive US manufacturing data as bulls manage to sideline geopolitical tensions. BTC price action leaves stocks wrestling with macro uncertainty to retarget $70,000. Traders stay highly skeptical that the market will begin a

Bitcoin treasury company ProCap Financial has added to its digital asset reserves as it steps up efforts to reduce the gap between its share price and underlying net asset value (NAV), underscoring a focused capital allocation strategy amid volatility in the crypto and equity markets. ProCap disclosed Monday that it acquired 450 Bitcoin (BTC) during

XRP (XRP) risked a further drop below $1 as its bearish technical setup converged with increased inflows to exchanges. Key takeaways: A symmetrical triangle breakdown puts XRP price drop toward $0.95 in play. Over 472 million XRP worth $652 million transferred to exchanges suggests further selling pressure. XRP faces overhead resistance at $1.42 XRP’s 13%