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Previewing the Canadian Election’s Crypto Angle

Canada will host an election next week, where voters will consider a range of issues — the economy, housing, trade relations with the U.S. — as they choose their elected officials, who in turn will choose the next Prime Minister of the country. You …

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The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Vitalik Buterin Proposes Replacing …

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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in …

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PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) charged the founder of now-defunct crypto and foreign exchange investment company PGI Küresel, with violating federal securities laws, alleging he ran a “Ponzi-like scheme” that defrauded investors of …

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TRUMP Coin Jumps 70% on President’s Dinner Event for Top Token Holders

TRUMP, marketed as Donald Trump’s official crypto token, rallied on Wednesday as an invitation to a dinner event with the U.S. President for token holders appeared on the project’s website. “Join President Donald J. Trump at his Private, Members …

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Bitcoin Rollup Citrea Deploys Bridge to Tackle Collateral Bottleneck of Using BTC in DeFi

A project aiming to expand Bitcoin’s utility is tackling the collateral requirements of bridging the blockchain to programmable layer 2s. Rollup project Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge uses the BitVM2 …

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SOL Strategies Surges on Up to $500M Credit Facility for Solana Investment

Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network. The capital will be exclusively …

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Bitcoin Breaches ‘Ichimoku Cloud’ to Flash Bullish Signal While Altcoins Lag: Technical Analysis

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) has finally surpassed a key resistance that limited recovery rallies earlier this year, after rising over 5% to $93,500 in 24 hours …

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Floki Teams With Softbank Partner Rice Robotics for Tokenization of AI Data

Rice Robotics and dog-themed utility project Floki will soon launch the Minibot M1, a Floki-branded AI-powered companion robot that works on the RICE AI platform. Floki will support the company in its blockchain push as it moves towards tokenizing …

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Galaxy , CoreWeave Expand Alliance With Data Center Expansion

Galaxy Digital (GLXY) said it deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the fast-growing artificial intelligence (AI) and high-performance computing (HPC) veri center industry. Under a new agreement …

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