Coindesk

DTTM Operations, a company that manages U.S. President Donald Trump's IP rights, filed a trademark with the U.S. Patent and Trademark Office (USPTO) which might hint at potential non-fungible tokens (NFTs) and metaverse platform.The document lists various products related to blockchain-based goods and services, including accessing NFTs, managing cryptocurrency transactions, virtual reality software and hardware and game software featuring crypto tokens for use in online virtual worlds. The filing status says the application has been accepted by the office and is awaiting an examiner. Metaverse, which became a hype during the 2021 bull run and was embraced and later dropped by many big-name brands, including bit-tech and celebrities, refers to a virtual reality world where humans can interact with each...

Bitcoin (BTC) took the spotlight from the rest of the crypto market in 2024, but the Trump administration is quickly changing the rules of the game and a rotation into other assets could end up happening, according to crypto data firm Kaiko ResearchIn fact, the decentralized finance (DeFi) sector isn’t looking too bad, Kaiko research analysts Adam McCarthy and Dessislava Aubert wrote in a new report.The company’s DeFi index (KSDEFI) has outpaced ether (ETH) since the instrument’s inception in October 2023, bringing in roughly 75% returns in that span of time. That’s remarkable considering that most of the protocols included in the index are built on Ethereum.“This outperformance may persist into the latter half of 2025, as several assets within...

Two big themes dominated the crypto news this week: sagging asset prices and the official end of the SEC’s enforcement “mania.”On the former: Bitcoin, which rose steadily from about $70,000 following November’s election, fell precipitously. In early-hours Feb. 28, the price had dipped below $80,000. CoinDesk’s Market Index, which tracks the broader digital assets market, has fallen 12% in the last five days.CoinDesk’s Markets Editor Omkar Godbole analyzed the daily price action, tracking ETF outflows, historical analogies, and macro correlations.On the regulatory front, the SEC dropped major cases against Uniswap, Coinbase, and MetaMask (ConsenSys). It also sought to end a fraud case against TRON and Justin Sun. Our regulatory team of Nik De, Jesse Hamilton and Cheyenne Ligon were all...

BlackRock has added the iShares Bitcoin Trust (IBIT), the fund issued by the asset manager that holds bitcoin (BTC), to one of its model portfolios.These models suggest portfolios and rebalances which are then followed by advisors and platforms who can also request adjustments to the models based on their investment needs.BlackRock added a 1% to 2% allocation to IBIT in its target allocation portfolio that allows for alternative assets, according to James Seyffart, ETF analyst at Bloomberg Intelligence.In a report from Thursday, Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF models, wrote that there are “several substantive arguments that support bitcoin’s long-term investment merit.”According to Gates, this includes the crypto asset’s novel store of value and global monetary...

Bitdeer Technologies (BTDR) said it bought 50 bitcoin (BTC), taking the opportunity to build its stash as the price of the largest cryptocurrency looked set for its worst month since June 2022. In a tweet, the bitcoin mining company said it paid an average of $81,475 per bitcoin. This purchase takes Bitdeer's total bitcoin treasury to 855 BTC worth approximately $69 million, according to data from Bitcoin Treasuries.The company's shares fell 0.64% at the open to just below $11 as bitcoin and the broader crypto dropped 4% over 24 hours. The crypto market rallied at the start of U.S. trading hours, taking BTC above $82,000.Source link