BitcoinEthereumNews·
The post TRUMP token down 5% as namesake handset begins shipping next week appeared on BitcoinEthereumNews.com. The TRUMP token, the official memecoin of U.S. President Donald Trump, is down 5%, according to CoinDesk market data, as Trump Mobile announced the long awaited T1 handset is set to begin shipments next week. As CoinDesk previously reported, neither the Trump Mobile project nor the President’s memecoin has gone particularly well. Shipment dates for the handset have been repeatedly delayed — and customer support is limited — while the TRUMP token is down nearly 90%. (Trump Mobile) Another question is, what exactly is the T1 Phone? Trump Mobile is a Mobile Virtual Network Operator and doesn’t have the ability to design and manufacture its own handset. Instead, it has worked with an outside company to pick a handset and re-skin it to be Trump themed. This kind of arraignment is common; Solana re-skinned the Osom OV-1 for its first Saga phone. The Verge got its hands on one of th
Read full articleU.S. President Donald Trump’s reported plans for a large-scale pardon announcement have renewed attention on jailed cryptocurrency executives and software developers who have spent months seeking clemency from the White House. According to a Thursday report from The Wall Street…
The French-based hardware issuer was last reported as pursuing a $4B NYSE IPO in January.
Strategy's Bitcoin-centric approach highlights potential for institutional crypto adoption but faces volatility and regulatory challenges. The post Michael Saylor details Strategy’s $62B Bitcoin buying spree and Stretch credit engine in CoinDesk interview appeared first on Crypto Briefing.
The reshuffling in exchange rankings highlights a shift towards stricter compliance and governance, attracting more institutional capital. The post Bitstamp by Robinhood tops CoinDesk’s Exchange Benchmark rankings for first time in three years appeared first on Crypto Briefing.
The post Bitcoin rally stalls ahead of U.S. inflation report as XRP, SOL prices hit resistance: Crypto Daily appeared on BitcoinEthereumNews.com. This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin’s BTC$80,621.04 rally stalled in the $80,000–$82,000 range, where it has largely traded since last Wednesday. While fund flows continue to point toward an eventual breakout, macro risks, particularly inflation, suggest caution. The U.S. is scheduled to report its consumer price index (CPI) for April at 8:30 a.m. ET. According to FactSet, the median estimate is 3.7%, up from 3.3% in March. If that proves correct, it would mark the largest increase in the CPI since January 2024 and be well above the trailing 12-month average of 2.7%. Analysts are worried that such a reading, especially against the backdrop of what President Donald Trump described as an “unbelievably weak” U.S.-Iran ceasefire and still-elevated oil prices, could trigger risk aver
The post Bitcoin Jumps 2.3% to $82K After Trump’s Iran Rejection appeared on BitcoinEthereumNews.com. Rebeca Moen May 11, 2026 03:10 Bitcoin surged 2.3% to $82,350 following Trump’s rejection of Iran’s peace offer, wiping out $64M in short positions. Bitcoin (BTC) surged 2.3% to $82,350 on Sunday after U.S. President Donald Trump rejected Iran’s peace proposal, signaling prolonged tensions in the Middle East. The move erased nearly $64 million in short positions, according to Coinglass data. The cryptocurrency initially dipped to $80,520 following Trump’s comments on Truth Social, where he labeled Iran’s counteroffer as “TOTALLY UNACCEPTABLE.” Within three hours, Bitcoin reversed course, climbing to $82,347 per CoinGecko data. This volatility underscores Bitcoin’s role as a potential hedge during geopolitical uncertainty. Market reactions extended beyond crypto. Oil prices jumped 4.6% to $98.70 per barrel, reflecting concerns over the ongoing conflict near the Strait
The post Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily appeared on BitcoinEthereumNews.com. This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,002.49 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares last week, extending a five-week inflow streak and marking the strongest weekly total since late April, according to CoinShares. More importantly, bitcoin funds alone pulled in over $700 million, taking year-to-date flows to $4.9 billion. Talk about the demand for the leading cryptocurrency. The catalyst? Improving sentiment around the Clarity Act, according to CoinShares’ head of research, James Butterfill. Bitcoin recently traded at $81,000, having narrowly missed the 200-day SMA positioned above $
The post Policy at Consensus Miami: State of Crypto appeared on BitcoinEthereumNews.com. 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, and a lot otherwise happened at our first conference in the Sunshine State. CoinDesk also released the results of a survey it commissioned of 1,000 registered voters on their views toward crypto heading into the 2026 election. PS: I’ll be at the Bermuda Digital Finance Forum next week. Let’s catch up if you’re there. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative White House Executive Director of the President’s Council on Digital Assets Patrick Witt told the audience at Consensus Miami this week that he beli
