CoinDesk - 2026-06-17
17 items collected.
1. Kentucky targets prediction markets, puts red state in potential clash with Trump team
Author: Jesse Hamilton
Published: 6/17/2026, 9:20:05 PM
Categories: Policy, Prediction Markets, Kalshi, Polymarket, News
President Donald Trump has taken the stance that states have no business with firms like Kalshi and Polymarket, and now a staunch GOP state is defying that view.
2. Fidelity joins Wall Street's race to manage stablecoin reserves
Author: Helene Braun,AI Boost
Published: 6/17/2026, 8:30:48 PM
Categories: Markets, Fidelity Digital Assets, Stablecoins, News
Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.
3. Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees
Author: Helene Braun,AI Boost
Published: 6/17/2026, 7:23:40 PM
Categories: Finance, Coinbase, Top Stories, News
Analysts say the exchange's push into derivatives, payments and infrastructure broadens its growth story beyond crypto trading.
4. Bitcoin layer-2s face a bear-market reality check
Author: Jamie Crawley,AI Boost
Published: 6/17/2026, 7:17:07 PM
Categories: Tech, Bitcoin News, DeFi, News
Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?
5. FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
Author: Margaux Nijkerk
Published: 6/17/2026, 7:08:43 PM
Categories: Tech, Newsletters, News
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system.
6. Fed holds rates steady in first decision under new Chairman Kevin Warsh
Author: Krisztian Sandor
Published: 6/17/2026, 5:52:23 PM
Categories: Markets, Breaking News, Top Stories, News
The accompanying policy statement and updated economic projections, however, took a hawkish turn.
7. Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
Author: Nikhilesh De
Published: 6/17/2026, 4:50:33 PM
Categories: Policy, Tax, News
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
8. Crypto Long & Short: The measure of a maturing market
Author: Kirsten Wegner
Published: 6/17/2026, 4:48:04 PM
Categories: CoinDesk Indices, Institutional Investors, Institutional Adoption, CoinDesk Indices, Crypto Long & Short, Newsletters, News
In this week's Crypto Long & Short, trusted indexes turn fragmented digital assets into a mature market that big institutions can confidently invest in, writes Kirsten Wegner. Then, the division between traditional finance (TradFi) and crypto is disappearing, says Dave LaValle, President of CoinDesk...
9. Moody’s rolls out credit ratings on Solana in tokenized asset push
Author: Krisztian Sandor
Published: 6/17/2026, 4:13:14 PM
Categories: Finance, Solana News, Tokenization, News
The ratings giant is embedding credit scores directly into blockchain-based securities, a move aimed at boosting institutional adoption.
10. BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price
Author: Krisztian Sandor
Published: 6/17/2026, 2:52:31 PM
Categories: Markets, Markets, Custody, Stablecoins, News
The buyback comes as newly public digital-asset firms face a tougher environment, with crypto markets lagging and investor attention shifting toward AI stocks.
11. Crypto’s security nightmare won’t be solved by ordinary audits
Author: Stefan Beyer
Published: 6/17/2026, 2:12:09 PM
Categories: Opinion, Hack, Opinion
Without an update to the current auditing infrastructure, the crypto space will likely continue to suffer significant losses, explains Beyer.
12. Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate
Author: Olivier Acuna
Published: 6/17/2026, 2:00:00 PM
Categories: Finance, Bitcoin News, Exclusive, News
Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist who told his wife to mortgage her house to buy bitcoin.
13. Kevin Warsh's first Fed meeting could be more about communication than rates
Author: Helene Braun
Published: 6/17/2026, 1:58:00 PM
Categories: Markets, Federal Reserve, Federal Open Market Committee (FOMC), News
While monetary policy is expected to remain unchanged, markets are focused on whether the new chair begins reshaping how the U.S. central bank communicates.
14. CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 3.1%, leading index lower
Author: CoinDesk Indices
Published: 6/17/2026, 1:20:23 PM
Categories: CoinDesk Indices, CoinDesk Indices, CoinDesk 20, charts, Prices, News
Cardano (ADA), down 2.8%, was also among the underperformers.
15. A new Bittensor proposal would turn validators into something like fund managers
Author: Shaurya Malwa
Published: 6/17/2026, 12:54:28 PM
Categories: Tech, News
Root Reborn would have TAO validators pick which subnets to back and reinvest yield into, rather than constantly selling subnet tokens to pay stakers. It is a code proposal in review, not a live change.
16. SpaceX's $2.6 trillion market cap nearly double that of bitcoin
Author: Shaurya Malwa
Published: 6/17/2026, 12:09:33 PM
Categories: Markets, News
Eight days after its IPO, SpaceX has surged past $2.5 trillion to become the world's sixth-largest company. And market watchers say it is pulling the risk capital crypto wants.
17. Bitcoin's June downturn leaves $8.6 billion in options out of the money
Author: James Van Straten
Published: 6/17/2026, 11:41:06 AM
Categories: Markets, Bitcoin News, News
Only 20% of June 26 options open interest is currently in the money, while bitcoin's 12% monthly decline leaves most bullish positions underwater.