Coindesk

Matt Cole, CEO of Strive Asset Management, fresh from persuading video retailer GameStop to convert some of its cash reserve into bitcoin (BTC), wrote to urge financial software developer Intuit (INTU) to reverse what he described as "censorship policies" and an “anti-bitcoin bias” that could jeopardize long-term shareholder value. In an open letter dated April 14 addressed to Intuit CEO Sasan Goodarzi and board Chair Susan Nora Johnson, Cole pointed to a recent incident in which Intuit’s Mailchimp email marketing platform disabled the account of the Trojan Bitcoin Club, a student organization at the University of Southern California, for mentioning the cryptocurrency in emails to its members. “We are concerned that Intuit’s censorship policies and anti-bitcoin bias threaten to...

The competition for stablecoin dominance is entering a third phase and companies such as Tether, issuer of the largest token, and Circle, the No. 2, are setting up their positions as the industry faces increased regulation in the form of the European Union’s Markets in Crypto Assets (MiCA) regime and U.S. legislation that is working its way through Congress, according to digital asset cryptography and custody specialists Fireblocks.This latest stage will feature banks, large and small, as well as incumbent payment firms that are weighing up the best way to integrate the tokens into their existing businesses, according to Ran Goldi, SVP of payments at Fireblocks.Stablecoins, blockchain-based tokens that mimic U.S. dollars for the most part, have become big business....

Cryptocurrency exchange Binance has been criticized this week for including privacy token Zcash (ZEC) among those cryptos up for a vote to be delisted from the exchange.Zcash, which has a $500 million market cap, appeared on the ballot alongside FTX's FTT token and data security platform JASMY.Zcash founder Zooko Wilcox tagged Binance CEO Richard Teng in a tweet on Tuesday: "You’re considering delisting Zcash!? What kind of world are you creating? Do you want your children to grow up in peace and prosperity, or a Black Mirror episode?"Digital Currency Group founder Barry Silbert also shared several posts lamenting Binance's decision to include Zcash on the list.The sentiment was also echoed by Ledger CTO Charles Guillemet and Cosmos co-foudner Ethan Buchman,...

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).From April 2024 to April 2025, investors in Strategy (MSTR) and the YieldMax MSTR Option Income Strategy ETF (MSTY) followed two distinctly different investment paths — one seeking capital appreciation through bitcoin (BTC) exposure, the other pursuing monthly income via options-based strategies. Both are linked to the performance of MSTR, but their outcomes and structures diverged significantly.Strategy, listed on the Nasdaq, has evolved from an enterprise software company into a de facto bitcoin proxy. As of April 15, the company holds 531,644 BTC, making its stock highly sensitive to bitcoin’s price movements. Since adopting its bitcoin treasury strategy in August 2020, MSTR shares have surged over 2,500%. However, this...

Bitcoin miner CleanSpark (CLSK) is moving away from its strategy of HODLing 100% of the BTC it mines.The Henderson, Nevada-based company said it is returning to selling a portion of the bitcoin mined to support its operations in an announcement on Tuesday."While we remain committed to bitcoin as a long-term, hardened asset, we believe a more effective way to increase shareholder value is through a balanced approach between monetizing new production and building long-term holdings," CEO Zach Bradford said.CleanSpark's holdings now exceed 12,000 BTC, worth just over $1 billion at current prices.The company has also increased its credit facility with Coinbase Prime (COIN) to $200 million, pursuing a strategy of funding its operations without having to sell equity. CleanSpark, which...