Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Unpacking Thursday’s at-times contentious markup hearing.
DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sector collapsed under the same risks it was built to cover.
The upbeat public debut of AI chipmaker Cerebras is also helping to lift both crypto and traditional markets.
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. The week’s main event for digital assets, the U.S. Clarity Act markup, is due later today. The crypto market, led by bitcoin, seems to be treating it as a non-event.… Read More
White House adviser Patrick Witt said it’s possible the Clarity Act becomes law by July 4 while Senator Kirsten Gillibrand pushed for an ethics provision in the market structure bill. Consensus Miami 2026 wrapped up with a fiery debate on the role of prediction markets,… Read More