South Korea’s opposition leader Lee Jae-myung has been sworn in as president following a decisive victory in a snap election, after promising a raft of pro-crypto policies during his campaign. Lee claimed victory in the June 3 election held six months after the country’s previous leader, Yoon Suk-yeol, declared martial law and threw the nation…
Dimitra, a blockchain-based agricultural technology company, has partnered with Layer 1 blockchain platform MANTRA to bring real-world agricultural assets on-chain. Jon Trask, Dimitra’s founder CEO, told CoinDesk at Bitcoin 2025 in Las Vegas last week that the partnership aims to eventually bring a billion dollars worth of agricultural assets, starting with cacao in Brazil and…
Large Bitcoin holders have been steadily taking profits after the cryptocurrency recently hit a new peak, continuing a years-long trend of the cryptocurrency’s “big whales” cashing out. Analyst Willy Woo posted to X on June 3 that “big whales” with over 10,000 Bitcoin (BTC) “have been selling since 2017,” answering the question of who is…
Litecoin edged higher, climbing 2.1% in the last 24 hours and breaking through the $90 resistance level. The move came as global markets grappled with rising geopolitical friction and a shifting macroeconomic outlook. LTC briefly pierced the psychologically significant $90 threshold during early trading hours. While prices retreated slightly, the overall trend remains bullish, buoyed…
The announcement of a Trump-branded crypto wallet has been labelled “absolute chaos” as a business linked to the Trumps said it would launch a wallet only to have US President Donald Trump’s sons distance themselves from it. The non-fungible token marketplace Magic Eden and the team behind the president’s memecoin, Official Trump (TRUMP), both said…
Bitcoin holders have increased their profit-taking activity since the cryptocurrency’s price averages flashed a key bullish signal two weeks ago. BTC’s 50-day simple moving average (SMA) crossed above its 200-day SMA on May 22, confirming a golden cross – a technical indicator signaling bullish long-term momentum, according to data from TradingView. On the same day,…
Meta has inked a deal to keep an Illinois nuclear power plant running for the next 20 years so it can power its artificial intelligence and data center ambitions. The deal sees the tech giant purchasing 1.1 gigawatts of power from nuclear power provider Constellation from its Clinton Clean Energy Center in southern Illinois starting…
NYSE Arca, which is part of the New York Stock Exchange, has filed paperwork with the Securities and Exchange Commission (SEC) to launch a fund issued by U.S. President Donald Trump’s media company Truth Social. On Tuesday, the exchange filed a 19b-4 document with the SEC for a fund that would track the price of…
What started in 2020 as a bold move to put some spare cash into Bitcoin has, five years later, turned MicroStrategy (now rebranded as Strategy) into one of the largest holders of BTC on the planet. As of late May 2025, the company holds 580,250 Bitcoin (BTC) (about 2.7% of the total supply). Just in…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Keep an eye on , is what fund manager March Zheng…