Archives for August 18, 2026

Citigroup plans to begin offering bitcoin custody later this year, bringing crypto into the same infrastructure it uses to safeguard traditional assets for institutional investors. On Tuesday, the bank’s institutional infrastructure arm announced the launch of Custody+, a suite of services designed to make custody, settlement, foreign exchange and cash management faster. The service, which […]

Many projects, he said, raised enormous rounds despite having little revenue and no realistic path to profitability, leaving them dependent on becoming multibillion-dollar businesses simply to justify another financing. Crypto’s fundraising culture made matters worse. Unlike most industries, announcing a large raise could boost a project’s token and generate retail attention, creating incentives to present […]

Cash App’s cryptocurrency service is extending beyond bitcoin BTC$64,098.11 and stablecoin USDC for the first time by being added to crypto payments platform MoonPay. This means eligible U.S. Cash App users will be able to use their balances to purchase a host of other digital assets offered by MoonPay, including ether ETH$1,895.83, solana (SOL), XRP […]

Visa is looking for a new stablecoin settlement partner with licensing capabilities across multiple regions, according to documents seen by CoinDesk. This would fill the role previously held by BVNK, the stablecoin firm acquired by Mastercard earlier this year. Visa’s request for product (RFP) talks about the ability to swap and support a range of […]

Sending ether ETH$1,892.86 will no longer always carry the same network fee, breaking one of Ethereum’s oldest rules of thumb. Developers from the Ethereum Foundation, the nonprofit that supports and maintains Ethereum, told wallet makers, blockchain trackers, and fee calculators in a blog post to update any software built on the assumption that a basic […]

The takeaway is that even as oil prices retreat from their second-quarter highs, oil products are getting more expensive. The broader market, including BTC, may not have fully priced that in yet. A second detail is that oil itself may be due for a bounce. Crude has emerged from a four-month-long bearish trend (check the […]

Bitcoin BTC$64,309.55 recently traded around $64,000, pausing after a rally that saw it rise from $62,600 on Monday. The largest cryptocurrency has dropped 0.6% since midnight UTC, trailing after Nasdaq 100 index futures, which lost 1.1% as U.S. Treasury bond yields and oil prices rose. Ether ETH$1,902.11 lost around 1% since midnight and coins including […]

Bitcoin BTC$64,309.55 scored a rare achievement on Monday by outperforming the S&P 500. The largest cryptocurrency rose 2.6% to over $64,000, registering its best daily performance in over a month, according to CoinDesk data. Wall Street’s benchmark equity index, S&P 500, fell by 0.52%. Bitcoin, therefore, not only outpaced equities but moved in the totally […]

Bitcoin traded near $64,100 on Tuesday, up 1% on the day and holding above $64,000 even as rising bond yields and climbing oil drained appetite for risk assets, per CoinDesk data. Ether held near $1,893 and the rest of the majors sat flat, with Hyperliquid the week’s outlier, up 8.3%. The pressure is coming from […]