Cryptocurrency Analysis and News Portal
Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according
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Within a decade, bitcoin will replace U.S. dollar dominance and become the standard currency underpinning the international economy, according to billionaire venture capitalist Tim Draper.“10 years, something like that. It may be a little less,” Draper said in a wide-ranging Spotlight interview with CoinDesk. Draper reiterated his prediction that bitcoin will
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Venture capital firms remain critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai.Charlie Yechuan Hu, CEO of Bitcoin layer-2 protocol Bitlayer, shared his insights on venture capital (VC) firms in the Bitcoin (BTC) ecosystem.Hu
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Bitcoin trades at $103,581 today with a total market capitalization of $2.057 trillion and a 24-hour trade volume of $35.91 billion. The cryptocurrency experienced an intraday price range of $101,109 to $104,293, signaling elevated activity within a tight but volatile band. Bitcoin The 1-hour BTC/USD chart highlights a distinct intraday
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When real-world assets (RWAs) finally became the crypto industry's narrative du jour, Sunny Lu, the founder and CEO of VeChain, could only smile.“I mean, we were doing this back in 2017,” Lu told CoinDesk in an interview ahead of Consensus 2025 in Toronto. “Back then, no one cared about RWAs."Back
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Robinhood Markets (HOOD), the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million.The all-cash acquisition values WonderFi at 36 Canadian cents per share, a 41% premium over its closing price prior to the announcement.“WonderFi has built a formidable family of brands
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CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index.The CryptoX 20 is currently trading at 3258.85, up 1.8% (+58.26) since 4 p.m. ET on Monday.Twelve of 20 assets are trading higher.Leaders: ETH (+2.6%) and XRP (+2.0%).Laggards: BCH (-1.2%) and HBAR
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Asset manager VanEck launched its first tokenized fund, joining a roster of institutions entering the race to bring assets on-chain with tokenziation.The VanEck Treasury Fund (VBILL), developed with tokenization specialist Securitize, offers on-chain access to short-term U.S. Treasury debt and is available on the Avalanche AVAX$25.25, BNB Chain BNB$662.32,
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The largest political party in South Korea, the Democratic Party, has launched a Digital Asset Committee focused on developing cryptocurrency policies and promoting industry growth.The committee held its inaugural meeting at the National Assembly Members’ Hall in Seoul on May 13, the local news agency News1 reported.During its first meeting,
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Key NotesArizona Governor vetoes bills for a crypto reserve fund and using crypto for taxes.Bitcoin ATMs are approved with strict regulations and consumer safeguards.Operators must display warnings, and transaction limits are set for new and regular users. Katie Hobbs, the Governor of Arizona, has rejected two digital asset bills that would
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