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CoinDesk 20 performance update: Hedera (HBAR) drops 1.9%, leading index lower

Cardando (ADA), down 1.3% from Thursday, was also among the underperformers.
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Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position

World Liberty Financial responded to CoinDesk's reporting by saying it would "simply supply more collateral" if markets moved against it, a statement that did not reassure holders.
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The magic word for digital assets adoption and success: choice

For the digital asset ecosystem of the future to flourish, investors need options, explains Sullivan.
Star Xu calls CZ a ‘liar’ as founders of world’s largest crypto exchanges argue over past allegations

The dispute between the crypto exchange founders, which included a $1 billion wager from CZ, revives allegations dating back 11 years to Zhao’s time at OKCoin.
Federal judge blocks Arizona from bringing criminal charges against Kalshi

Judge Michael Liburdi ordered Arizona not to bring any enforcement actions under state law against Kalshi, at least temporarily.
Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.
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The bitcoin market is splitting in two. Here's who is buying and selling amid the war

Six weeks of war have revealed that bitcoin's floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of.
Bitwise files updated S-1 for Hyperliquid ETF as HYPE fund race heats up

HYPE has surged around 200% over the last 12 months. Other asset managers including Grayscale, 21Shares, and VanEck are also eyeing HYPE-linked ETFs.
Crypto Clarity bill has 30% chance of passing this year, Wintermute’s Hammond says

Wintermute’s head of policy Ron Hammond pegs chances at 30%, citing political friction, stalled negotiations and shifting timelines despite signs of progress.
Crypto perpetuals predict the direction of Wall Street’s Monday open with 89% accuracy, data shows

Over half (57%) of Monday market opens is s already reflected in crypto markets' perpetual futures products.
Bitcoin, broader market flat as U.S.-Iran negotiations begin

The market rose over the week after a two-week ceasefire was announced, triggering a derivatives short squeeze that wiped out over $430 million in bearish positions.
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$1.6 billion Ether Machine SPAC deal collapses over unfavorable market

The Ether Machine, an ether treasury firm, currently has more than $1 billion in ether in its treasury.
Bitcoin signals potential seller exhaustion as realized losses decline

On-chain data points to easing selling pressure, with realized losses falling and spot markets shifting toward net buying.
Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

Arkham data shows 8,285 BTC in Coinbase Prime custody as the company swings from $8 billion profit to nearly $5 billion loss ahead of its IPO push.
Bitcoin and other cryptos fall as U.S., Iranian negotiators fail to reach war resolution

U.S. Vice President J.D. Vance said negotiations had ended after a daylong session in Pakistan.
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XRP drops to $1.33 as bitcoin weakness pulls down majors

Sudden selloff triggered liquidation-style move, with weak recovery reinforcing bearish structure despite compressed volatility setup.
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Why North Korea keeps stealing billions in crypto — out in the open

As North Korea's infiltration tactics grow more sophisticated, security experts say the crypto industry needs to understand what sets the regime apart from every other state-backed hacker — and why that difference makes it a dangerous threat to the ecosystem.
Trump token sees whale accumulation ahead of Mar-a-Lago gala; senators raise questions over event

Some whales have withdrawn large amounts of TRUMP tokens to private wallets, according to Lookonchain.
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Tron’s Justin Sun slams Trump-backed WLFI for treating users as ‘personal ATM’ after $75 Million DeFi loan

Once WLFI's largest outside backer, Sun is going public days after the Trump-family venture borrowed $75 million against its own token on a DeFi protocol advised by one of its own insiders.
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Commodity traders are getting debanked due to Iran war, pushing them to rely on stablecoins

As banks retreat from trade finance amid Iran-linked risk fears, non-bank lenders and traders are increasingly turning to stablecoins for settlement, according to Haycen’s Luke Sully.
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Super PAC tied to Tether makes first ad buy from firm founded by Tether's U.S. CEO

The Fellowship PAC spent $300,000 with Nxum Group that was co-founded by Bo Hines, the chief of Tether's U.S. arm and former adviser to President Donald Trump.