Coindesk
Crypto News Source: coindesk.com
SOL Strategies Files to list on Nasdaq
SOL Strategies, a Toronto-listed digital asset firm focused on Solana, filed with the U.S. Securities and Exchange Commission (SEC) to list on Nasdaq, as the company seeks access to the world's largest economy.The company filed a 40-F form, according to a filing on Wednesday. The 40-F form is required from Canadian companies wishing to offer securities in the U.S. If the company gets approved by the SEC it will operate under the ticker STKE, it said.Getting approved by the SEC would grant the company access to Nasdaq, the world's second largest stock exchange.Shares of SOL Strategies closed over 4% higher on Wednesday at Canadian dollar $2.38.SOL Strategies has been ramping up its SOL investment. In May, it acquired 122,524 SOL...
Crypto Daybook Americas: Bitcoin Shrugs Off Fed, Mideast War, but Derivatives Flash Caution
By James Van Straten (All times ET unless indicated otherwise)Bitcoin BTC remains stable around $105,000 after the Federal Reserve held interest rates steady, as expected. It hasn't traded below the psychological threshold of $100,000 since May 8, a full 42 days ago, even though the Israel-Iran conflict — now coming up for a week — would have been expected to weigh on risky investments, crypto among them.Alongside the interest-rate decision, the Fed also signaled slower economic growth, with GDP now expected to rise just 1.4% this year, down from 1.7%, and higher inflation. The much-watched dot plot showed policymakers see fewer rate cuts through 2027 than they did in March.What seems to be underpinning the largest cryptocurrency, and crypto markets...
Nobitex’s Source Code Released a Day After Hackers Steal Tokens Across Bitcoin, EVM, Ripple Networks
The pro-Israel hacker collective Gonjeshke Darande released the full source code of Iranian crypto exchange Nobitex, just a day after orchestrating a $100 million exploit across multiple blockchains as the war between the two countries nears the end of its first week.The move raised fresh concerns for users who have not yet withdrawn their assets from the platform because the code makes it extremely easy for nefarious actors to access and exploit.Israel attacked military and nuclear sites in Iran on Friday saying it had to take action to prevent its enemy, which has vowed to wipe the Jewish state off the map, attaining nuclear weapons. Iran responded with ballistic missile launches targeting the entire country, sending millions into shelters at...
Return of Zero Interest Rate Policy as Swiss Central Bank Cuts Rates
A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in Switzerland, one of the most financial powerhouses of the world.The Swiss National Bank (SNB) cut its interest rate to zero on Thursday, to counter falling inflation, appreciating Swiss franc (CHF) and economic uncertainty caused by President Donald Trump’s trade war.The return to zero comes as tariffs threaten to deflate nations with trade surplus, such as Switzerland and China.The latest rate cut is bank’s sixth straight move since it started reducing borrowing costs in March 2024.The SNB’s return to zero may be a sign of things to come across Europe and other advanced nations. A broad based return to...
Dogecoin Steady But Flashing ‘Oversold’ in Signal for Bearish Bets
Dogecoin (DOGE) recovered from an intraday low of $0.164 to close near $0.171, posting a 4.7% bounce in line with broader market weakness. The move suggests institutional buyers may be quietly accumulating at lower levels as market participants brace for continued volatility.News BackgroundDogecoin’s rebound comes in the wake of intense selling pressure sparked by escalating geopolitical tensions between Israel and Iran. The sharp market-wide correction, which triggered mass liquidations, briefly pushed DOGE down more than 7% intraday on Wednesday.Meanwhile, macroeconomic headwinds persist. The U.S. Federal Reserve continues to maintain restrictive monetary policy, keeping rates at 4.25%–4.50% while actively reducing its balance sheet — a dynamic that has historically weighed on riskier bets such as DOGE.Still, the memecoin remains one of...