- DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profitby Tim Craig on May 13, 2025 at 4:18 pm
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.
- Crypto and Stock Trading Platform EToro IPO Pricing Looking Strong: Bloombergby Helene Braun on May 13, 2025 at 4:12 pm
The offering is expected to price after the close of U.S. markets on Tuesday.
- Gibraltar to Establish Crypto Derivatives Clearing, Settlement Rules to Enhance Market Integrityby Jamie Crawley on May 13, 2025 at 3:16 pm
The government has built a regulatory framework for clearing and settlement together with crypto exchange Bullish.
- Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloombergby Will Canny on May 13, 2025 at 2:45 pm
Andrew Peel plans to start fundraising for the new venture soon, according to the story.
- Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draperby Christine Lee on May 13, 2025 at 2:09 pm
Bitcoin will go to “infinity against the dollar because there won’t be a dollar,” AI and genetics will help humans communicate with animals, he told CoinDesk.
- Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launchby Camomile Shumba on May 13, 2025 at 2:02 pm
The stable token is expected to fully launch by July.
- Coinbase Shares Could See $16B of Buying Pressure From S&P 500 Index Inclusion: Bernsteinby Will Canny on May 13, 2025 at 2:00 pm
The exchange is the first and only crypto company to join the S&P 500 index.
- XRP Prices Could Blast Higher to $3.40 as Major Bearish Pattern Failsby Omkar Godbole on May 13, 2025 at 1:42 pm
AI-assisted technical analysis data suggests prices could reach $2.85 in just over two weeks.
- VeChain’s Sunny Lu Wants to Tokenize Sustainable 'Human Behavior' Like Driving a Teslaby Sam Reynolds on May 13, 2025 at 1:29 pm
At Consensus Toronto, VeChain is debuting new infrastructure that combines RWAs, AI agents, and NFT staking to make crypto usable by everyone.
- From Early Michael Saylor Bet to Billions in Deals: How Jefferies Became a Crypto Powerhouseby Will Canny on May 13, 2025 at 1:19 pm
The firm has advised on 120 transactions with over $150 billion of deal value across fintech, market structure, and exchanges since 2015.
- CoinDesk 20 Performance Update: Ethereum (ETH) Gains 2.6%, Leading Index Higherby CoinDesk Indices on May 13, 2025 at 1:11 pm
Ripple (XRP) joined Ethereum (ETH) as a top performer, rising 2%.
- Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Tokenby Krisztian Sandor on May 13, 2025 at 1:10 pm
The tokenized U.S. Treasury fund was developed with tokenization firm Securitize and has launched on the Avalanche, BNB Chain, Ethereum and Solana networks.
- UK's First FCA-Regulated Crypto Derivatives Trading Venue GFO-X Debuts in Londonby Jamie Crawley on May 13, 2025 at 1:04 pm
The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC .
- U.S. CPI Rose Less Than Expected 0.2% in April; Annual Pace Slips to Four-Year Lowby Stephen Alpher on May 13, 2025 at 12:38 pm
The headline year-over-year pace edged down to 2.3% and the core rate was flat at 2.8%.
- Dubai Government Opens Door to Accepting Crypto for Service Feesby Camomile Shumba on May 13, 2025 at 11:58 am
The deal with Crypto.com will allow residents and businesses to pay fees using crypto wallets while the government receives dirhams.
- Robinhood Enters Canada by Taking Over Crypto Exchange WonderFi for $179Mby Omkar Godbole on May 13, 2025 at 11:54 am
WonderFi's platforms, Bitbuy and Coinsquare, bolster Robinhood's international expansion efforts in the crypto market.
- Crypto Daybook Americas: Bitcoin Traders Look to CPI as BONK Cheers Memecoin Issuanceby Omkar Godbole on May 13, 2025 at 11:15 am
Your day-ahead look for May 13, 2025
- Cardano to Directly Feature Blockchain and Assets on Brave Browserby Shaurya Malwa on May 13, 2025 at 9:02 am
The browser's native wallet will expand to support ADA, governance features and Cardano-based tokens.
- Animoca Brands Plans U.S. Listing to Capture 'Unique Moment' of Trump Administration: FTby Jamie Crawley on May 13, 2025 at 8:33 am
An announcement on plans to list in New York is expected soon, executive chairman Yat Siu said in an interview.
- Donald Trump Jr. Squashes Rumors of ‘Truth Social’ Memecoinby Shaurya Malwa on May 13, 2025 at 7:18 am
Any claims or attempts of a Truth Social token are by "scammers," the younger Trump said in an X post.
- Pump.fun Launches Revenue Sharing for Coin Creators in Push to Incentivize Long-Term Activityby Shaurya Malwa on May 13, 2025 at 6:22 am
Creators will now earn 0.05% of trading volume in SOL from PumpSwap trades, shifting incentives away from early dumps and toward sustainable growth.
- Bitcoin Crossing $2T in Market Cap Triggers Wave of New Buyers, but Key Players Tread Cautiously, Onchain Data Showby Omkar Godbole on May 13, 2025 at 5:54 am
While first-time buyers show strong interest, momentum buyers remain weak, suggesting potential price consolidation.
- Bitcoin Drop Causes $500M Long Liquidations as Dogecoin, ADA Slide 7%by Shaurya Malwa on May 13, 2025 at 4:49 am
Monday gains were lost in the U.S. session as the U.S. and China reached a temporary truce in their trade war.
- What to Expect at Consensus 2025by Benjamin Schiller on May 13, 2025 at 4:20 am
CoinDesk’s annual event kicks off this Wednesday in Toronto.
- Coinbase Shares Jump 8% on S&P 500 Inclusionby Helene Braun on May 12, 2025 at 9:48 pm
The company is set to join the broad-market stock index on May 19, replacing Discover Financial.
Coindesk NewsKingsoftheWeb2023-04-14T22:59:27+00:00
