U.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday.

The decision answers a controversial privacy debate on whether the government — via a sanctions list maintained by the U.S. Treasury Department — has a right to target the technology because it's associated with criminals. The ruling reversed a district court's August ruling that had sided with the government's pursuit of what it had characterized as a "n

Ripple Labs has kicked in another $25 million to the cryptocurrency industry's Fairshake political action committee, one of the most aggressive and high-dollar campaign-finance operations in corporate history.

The super PAC has made an unprecedented head start on the 2026 election cycle. Between Ripple, crypto exchange Coinbase (COIN) and venture capital firm Andreessen Horowitz (a16z), Fairshake has amassed $73 million in fresh commitments. That's on top of $30 million held over from the 2024

The fall of 2020 was an exciting time for crypto, with bitcoin — after beginning the year around $7,000 and plunging to below $4,000 during the March Covid panic — in the middle of a rollicking bull market and appearing set to push through the $20,000 milestone.

Mr. Market had a different idea though and as families began to get together for the U.S. Thanksgiving holiday, a wave of selling took place. Between East Coast Wednesday morning hours and the first football game early afternoon Thursda

Pantera Capital Management’s Bitcoin Fund just hit a milestone: a 1,000-fold gain in the value of its crypto holdings since launch.

Started in 2013 as one of the first investment products exposing customers to crypto, the fund has returned 131,165% after expenses and fees. As noted by founder Dan Morehead on X, the fund saw a huge surge following Donald Trump's election as U.S. president this month.

To get started in bitcoin investing, the Bitcoin Fund bought 2% of the world’s bitcoin (BTC) su

Crypto investing may have allowed lower-income Americans to buy their own homes at a higher rate than the rest of the population, according to a paper released Tuesday by the U.S. Treasury's Office of Financial Research.

The rise in cryptocurrency investment in recent years came with a pronounced uptick in debt — most notably mortgages — sought in the areas where digital assets activity was highest, according to the research conducted by the Treasury's independent arm that sniffs out U.S. econo

Crypto billionaire Justin Sun, who founded the Tron blockchain, has become an adviser to Donald Trump's crypto project, World Liberty Financial.

The Tuesday announcement comes a day after Sun bought $30 million worth of World Liberty's WLFI tokens. Sales of WLFI had been sluggish before Sun's purchase.

"Justin's insights and experience will be instrumental as we continue to innovate and grow," World Liberty said on X.

World Liberty seeks to become a player in decentralized finance, or DeFi, t

The North African country of Morocco has drafted regulations for the crypto sector, its central bank's head said Tuesday.

Abdellatif Jouahri, governor of Bank Al-Maghrib, did not provide many details about these regulations in a speech. The country previously banned crypto in 2017.

"In this regard, Bank Al-Maghrib, with the participation of all stakeholders and the support of the World Bank, has prepared a draft law regulating cryptoassets, which is currently in the adoption process," he said

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3150.49, down 5.3% (-175.81) since 4 pm ET on Monday. None of the 20 assets are trading higher.

Leaders: BTC (-2.5%) and AVAX (-2.7%).

Laggards: XLM (-14.6%) and POL (-10.4%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Starting next Monday, First Mover Americas will become Crypto Daybook Americas, your new morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Publishing at 7 a.m. ET, it will kickstart your morning with comprehensive insights. You won't want to start your day without it. CoinDesk 20 Index: 3,108.77 -9.55%

Bitcoin (BTC): $92,029.63 -6.72%

Ether (ETH): $3,319.02 -4.95%

S&P 500: 5,987.37 +0.3%

Gold: $2,632.36 +0.57%

Nikkei 225: 38,442.00

Starknet has become the first major layer-2 blockchain running on top of Ethereum to let users earn money by staking their tokens and validating transactions.

The feature is intended to help decentralize the auxiliary network and has been in the works for a while. Starknet’s main developer firm, StarkWare, formally proposed the change to the community in July.

Now, anyone who has at least 20,000 STRK tokens (roughly $12,000 at recent prices) can pledge the asset as collateral and earn rewards

Bitcoin (BTC) has dropped 7.6% since it almost — but not quite — touched the psychological wall of $100,000 on Nov. 22.

That's the biggest drop since Donald Trump won the U.S. presidential election, sparking a rally that sent the largest cryptocurrency by market capitalization soaring from a level of around $66,000 through its record high.

Even so, the slide isn't out of the ordinary. In bull markets bitcoin typically tumbles as much as 20% or even 30%, so-called corrections that tend to flush

Ethereum is witnessing a surge in "blob" usage, an effective data management tool introduced earlier this year, signaling that more users are embracing layer-2 scaling solutions for faster and more affordable transactions.

The number of blobs or binary large objects posted to Ethereum has consistently averaged more than 21,000 this month, matching the record activity seen in March, according to pseudonymous data analyst Hildobby's Dune Analytics dashboard.

Ethereum's Dencun upgrade, which went

XRP outperformed bitcoin (BTC) and other major tokens in the past 24 hours as regulated crypto broker and custodian Archax unveiled a money market fund on the XRP Ledger, a first for the network, in collaboration with closely related Ripple Labs and Abrdn. Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL. Ripple will allocate $5 million worth of tokens into Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL. XRP p

Bitcoin's (BTC) much-anticipated breakout above $100,000 remains out of reach, with prices retreating to $94,500 overnight. Key indicators point to further declines, potentially to levels below $90,000.

The first indicator is the 25-delta risk reversal, which measures the volatility premium of out-of-the-money calls used to bet on price rallies relative to OTM put options offering downside protection.

On Deribit, calls expiring this Friday now trade at a cheaper valuation to puts, resulting in

A bitcoin (BTC)-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours, nearing $94,000 a week after it came within touching distance of the landmark $100,000 level for the first time.

BTC has pared weekly gains from over 10% to just 3% amid profit-taking on the expected pullback. Major tokens have followed the tumble, data shows, with Solana’s SOL, BNB, Cardano’s ADA and dogecoin (DOGE) falling as much as 7% in the past 24 hours.

The br

The U.K.'s financial regulator, the Financial Conduct Authority, said it wants to implement a crypto regime by 2026 in anticipation of growing crypto ownership in the country.

A road map released by the FCA, which oversees the industry, said the agency plans to publish discussion papers on market abuse and disclosures by the end of this year. It intends to have papers on stablecoins, trading platforms, staking, prudential crypto exposure and lending by early next year. The regime is scheduled t

Memecoins are the most divisive topic in crypto.

By memecoins, I mean tokens that represent an idea and fluctuate in price based on the attention that idea receives. The best meme investors tend to be young people who are very online and attuned to internet culture. Memecoins are commonly juxtaposed with tokens that possess actual utility within protocols, or so-called utility tokens.

Even with market caps surging and retail interest growing, most people tend to describe them as “stupid,” “deg

After a prolonged downtrend relative to bitcoin (BTC), Ethereum's ether (ETH) is showing signs of a resurgence.

ETH, the second-largest cryptocurrency on the market, gained over 4% in the past 24 hours, while BTC lost 1.5% during the same time, dipping below $95,000 during the Monday session. ETH even outperformed the broad-market CoinDesk 20 Index, which was up 0.5%.

The outperformance happened as investors started to rotate capital to smaller, riskier cryptocurrencies over the weekend follow

Avalanche, the eighth-largest blockchain by total value locked (TVL), is moving ahead with a major technical makeover.

The Avalanche9000 upgrade went live in a test network environment (testnet) Monday, bringing the changes one step closer to the main network (mainnet), the Avalanche Foundation said.

Avalanche9000 will be the largest upgrade that Avalanche has seen. It is designed to cut the costs of sending transactions, operating validators and building apps on the network, whose native toke

The Donald Trump-backed cryptocurrency platform World Liberty Financial got off to a sluggish start, with investors buying far fewer of its WLFI tokens than the project hoped for.

But now, Chinese-born crypto billionaire Justin Sun has just given it a significant boost, buying $30 million worth of WLFI.

World Liberty is a decentralized finance (DeFi) platform backed by the incoming U.S. president and all three of his sons. The project is run by a circle of Trump world insiders, crypto entrepre