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News from Coin Desk

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Top Coin Desk News

IMF Turns Down Pakistan’s Proposal to Subsidize Power for BTC Mining: Reports
IMF · Pakistan

IMF Turns Down Pakistan’s Proposal to Subsidize Power for BTC Mining: Reports

Coverage: 4 sources
Secretary of Power Dr. Fakhray Alam Irfan said that the IMF was concerned about market distortions.See the Story
Tokenization News: JP Morgan’s Kinexys Tests Tokenized Carbon Credits With S&P Global
JPMorgan

Tokenization News: JP Morgan’s Kinexys Tests Tokenized Carbon Credits With S&P Global

50% Center coverage: 4 sources
The tokenization initiative could lay groundwork for standardized carbon infrastructure underpinned by blockchain tech, the firms said.See the Story
Ripple News: Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License
Finance · United States

Ripple News: Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License

Coverage: 2 sources
The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).See the Story

Blindspots

Blindspot:
28 sources

Trump Media’s Stock Has Plunged by Nearly Half Since the Election. Now It’s Taking Action

Left33%
Center67%
Right0%

Solana (SOL) News: SSK Opens for Trade

100% Center coverage: 2 sources
The vehicle from REX Shares and Osprey Funds has selected Anchorage Digital as the exclusive custodian and staking partner.Cryptocurrency · United StatesSee the Story

NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether

100% Center coverage: 2 sources
A New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer Tether, according to a recent court filing.The bankrupt crypto lender filed suit against Tether last year, alleging that Tether improperly liquidated nearly 40,000 bitcoins — worth over $4.3 billion at today’s prices — that it was holding as loan collateral in June 2022, shortly before Celsius halted withdrawals. In t…Anthropic · United StatesSee the Story

Filecoin (FIL) Gains as Much as 9% Amid Wider Crypto Market Rally

100% Center coverage: 1 sources
The token surged while the broader market gauge, the CoinDesk 20 index, rose 3.9%.Read Article

Crypto Exchange Coinone Wins Court Battle Over Doubled Bitcoin Withdrawals in 2018 Network Chaos

100% Center coverage: 1 sources
The court ruled the customers benefited from unjust enrichment due to a network delay, not the exchange’s servers.Bitcoin · SeoulSee the Story

Bitcoin Price (BTC) News: Employment Data

100% Center coverage: 1 sources
The strong jobs numbers seemingly puts to rest any idea that the Fed might cut rates in July.United States · United StatesRead Article

Stablecoin Market Could Hit Half a Trillion by 2028, Far Below Bullish Forecasts: JPM

100% Center coverage: 1 sources
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.Bank of EnglandSee the Story

Bitcoin-Beating EUR/USD's Bullish Momentum Might Have Legs: Macro Markets

100% Center coverage: 1 sources
As U.S. fiscal fears mount and ECB rate cuts near their end, the euro’s surprising rally is forcing global investors to rethink their dollar bets.Bitcoin · United StatesRead Article

Bitwise CIO: Stocks and Stablecoins Make Ethereum a Strong Narrative for ETF Growth

100% Center coverage: 1 sources
Ether climbs to $2,601 as institutional narratives strengthen following bullish ETF commentary and Robinhood’s L2 blockchain development on Arbitrum.Ethereum · United StatesSee the Story

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