CoinDesk: Bitcoin, Ethereum, XRP, Crypto News and Price Data

While bitcoin holds near $63,000, some data points to pain ahead for bulls

Onchain data shows the bitcoin market price is only just above its realized price and demand is weakening, especially from ETFs.

Metaplanet buys Siiibo Securities to accelerate bitcoin financial ecosystem plans

The approximately $13.1 million acquisition gives Metaplanet a regulated securities platform to develop Bitcoin-linked investment products.

There's one simple way to tell whether bitcoin has really bottomed. Right now, it hasn't.

Bitcoin's weekly RSI contains a critical level that has reliably separated bull and bear market regimes across multiple cycles. Right now, the indicator has yet to clear that line.

BlackRock files to list its bitcoin income ETF, with expected debut next week

An 8-A share registration filing, in this case for Nasdaq, is usually one of the last steps before an ETF goes live.

XRP jumps 3% above $1.14 as institutional buying meets key resistance test

XRP posted its strongest session in days on a sharp volume surge, though traders remain focused on whether the rally can break a longer-term downtrend that still points lower.

Live updates: Bitcoin traders eye rally to $75,000, Japan set to hike rate to 31-year high

Crypto firmed across the board following the largest equity listing in history. The token most tied to Elon Musk traded right in line with the market.

Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations

The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offering sports-related contracts.

SpaceX's crypto-traded IPO was sharply falling. It now points upward to a $2.4 trillion valuation

The SPCX perpetual on Hyperliquid has bounced from this week’s lows, while Bloomberg says other shadow markets now imply a first-day gain of more than 35%.

The company that makes your TV is taking ads onchain. Arbitrum helped

LG Electronics has built a blockchain-based advertising platform with the help of Arbitrum.

Bitcoin climbs back into the green as Trump signals an end to the Iran war

A de-escalation in the Iran conflict pulled oil lower and sent global stocks higher, lifting crypto out of a wildly volatile seven days.

Elon Musk's SpaceX prices shares at $135, raising $75 billion in largest-ever IPO

The company's fully diluted value will be about $1.8 trillion, with the stock set to open for trade on Friday on the Nasdaq.

Coinbase launches AI agent accounts that can trade and spend on your behalf

"Coinbase for Agents" is a new platform that lets AI assistants like ChatGPT and Claude connect to users’ Coinbase accounts to trade crypto, access data and eventually make payments and purchases autonomously.

Banking rails are moving past the 'stablecoin winner' narrative: Sygnum

Digital asset bank Sygnum says institutional clients want multiple tokenized cash instruments operating interchangeably on a single platform.

Crypto for Advisors: Crypto ETFs

Global crypto ETFs saw significant outflows in May, but diversified exposures showed relative resilience; we explore what the data signals for long-term investors.

U.S. House bill would erect crypto-theft task force across law enforcement agencies

New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.

SpaceX stock is coming to Solana on the same day it lists on Nasdaq

The firms making that possible say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets.

Canton Network developer raises $355 million to bring Wall Street onchain

The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe's Tempo and Circle's Arc raising hundreds of millions of dollars.

Tether leads $1.4 billion funding round in German robotics company Neura

The investment is part of the stablecoin giant’s expansion into industries outside of crypto.

CoinDesk 20 performance update: Uniswap (UNI) gains 4.5% as all constituents rise

Solana (SOL), up 2.6% from Wednesday, was also a top performer.

Citi opens new route into private markets with tokenized share offering

The bank said it is using blockchain technology to connect investors with private company equity through digital depositary receipts.