Coindesk

As Canada approaches a pivotal election on April 28, 2025, Lucas Matheson, CEO of Coinbase Canada, is positioning the cryptocurrency giant for influence in a market he believes is primed for blockchain innovation. I spoke with him about the cryptocurrency exchange's expanding presence in Canada, the unique characteristics of the Canadian market, and his vision for the country's crypto future. Our conversation revealed not only Coinbase's strategic ambitions but also Matheson's personal passion for advancing blockchain adoption in his home country.As a Canadian entrepreneur with experience in both traditional finance and tech startups who joined Coinbase after nearly six years at Shopify, Matheson urges the Canadian government to move quickly to integrate crypto into their economy.This interview has been condensed...

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 2520.12, up 4.4% (+106.71) since 4 p.m. ET on Friday.Nineteen of 20 assets are trading higher.Leaders: SOL (+10.8%) and BCH (+8.0%).Laggards: ICP (-0.7%) and POL (+0.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Crypto's moment has seemingly arrived in Washington, D.C., and the industry is trying to make the most of it. But as new organizations hatch and leadership shifts at the top advocacy operations, the field of pro-crypto groups trying to carry the torch is more crowded than ever.No fewer than a dozen groups — including the Digital Chamber, Blockchain Association and Crypto Council for Innovation — are seeking to steer digital assets policies in the U.S., some of them substantially overlapping in their membership bases, funding sources and in the goals they're seeking to accomplish.Most of the leaders of those groups told CoinDesk they have a more-the-merrier view on pushing for friendly policy from President Donald Trump's highly receptive administration and...

In markets, securing the best entry point is often half the battle, as timing and level significantly influence success by skewing the risk-reward ratio in traders' favour.While bitcoin's (BTC) near-term outlook may appear constructive with increased demand for bullish bets in the options market, the cryptocurrency's proximity to key resistance that capped the upside in recent months means the risk-reward profile for those looking to capitalize on the bullish prospects is less favourable.Since Saturday, BTC has been pushing against the lower boundary of the Ichimoku cloud at around $85K. Developed by a Japanese journalist in the 1960s, the Ichimoku cloud is a technical analysis indicator that offers a comprehensive view of market momentum, support, and resistance levels. The indicator comprises...

By Omkar Godbole (All times ET unless indicated otherwise)The new week is off to a silent start as bitcoin looks to establish a foothold above the trendline, characterizing the downtrend line from record highs, with $86K emerging as resistance over the weekend. FLR, TRX and SOL beat the broader market, while the RWA protocol Mantra's OM token tanked during the Asian hours.Mantra blamed the 90% crash to 70 cents on forced liquidations on crypto exchanges, while blockchain sleuth Spot On Chain pointed to a significant movement of coins to crypto exchange OKX three days before the crash. Meanwhile, OKX's CEO Star Xu called the OM token collapse a major scandal for the entire crypto industry, stressing that all on-chain data is publicly...