This is a segment from The Breakdown newsletter. To read full editions, subscribe.“The human mind is a story processor, not a logic processor.” — Jonathan HaidtIs the bond market sentient?You might think…
The ongoing bullish rally in the digital currency sector has suffered a slight setback as the leading asset, Bitcoin, lost critical support. After soaring to a new all-time high (ATH)…
Crypto traders betting on a steady bitcoin rally got a sharp reminder of headline risk from Donald Trump's latest tariff threats.Over $300 million worth of leveraged derivatives positions were…
Key Points:$343 million in liquidations impact crypto markets amid political events and expansions in AI applications.Protests target Trump over crypto dinner, causing further scrutiny.Security incidents reveal vulnerabilities; whale movements spotlight…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
After remaining on the sidelines for years, the Ethereum (ETH) network was seen making headlines. The asset’s growth over the past couple of days has diverted the spotlight to ETH.…
Progress on the stablecoin bill in the U.S. could lead to a multi-year crypto bull market, asset manager Bitwise said in a report Tuesday.The Senate agreed to advance the GENIUS…
In brief
Major U.S. banks, including JPMorgan and Bank of America, are reportedly exploring a shared stablecoin project.
The move hinges on pending federal legislation, such as the GENIUS Act, which would…
Key Points:U.S. initial jobless claims dropped to 227,000 for May 17.Numbers below market expectations briefly surprised analysts.No immediate impact on Bitcoin or leading altcoins noted.
U.S. initial jobless claims reached 227,000…
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