CoinDesk - 2026-06-27
9 items collected.
1. Why a selloff in gold and silver is dragging bitcoin down
Author: Shaurya Malwa
Published: 6/27/2026, 6:11:04 PM
Categories: Markets, Bitcoin News, News
Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding on a hawkish Fed, and bitcoin is falling alongside the metals it was supposed to rival.
2. What Robinhood’s recent layoffs say about the current state of crypto investments
Author: Ryan Horst,Nick Anderson,Joni Zhuleku
Published: 6/27/2026, 4:30:00 PM
Categories: Opinion, Robinhood, Opinion
Despite the trading platform’s restructuring and the wave of crypto companies making cuts, signaling a late bear market, Altcoin Pro’s Horst, Anderson and Zhuleku explain there’s no reason to panic.
3. Tether putting $23 billion gold stockpile to work with bullion-backed loans
Author: Jamie Crawley,AI Boost
Published: 6/27/2026, 3:00:00 PM
Categories: Finance, Tether, News
The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.
4. Polymarket hack updated to $3.1 million days after the platform promised users full refunds
Author: Olivier Acuna
Published: 6/27/2026, 2:13:22 PM
Categories: Markets, Polymarket, Hack, News
The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports.
5. Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Author: Olivier Acuna
Published: 6/27/2026, 2:11:45 PM
Categories: Finance, Binance, Coinbase, MiCA, News
Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.
6. Binance founder CZ blames crypto's sour 2026 on mix of AI, global tension, 4-year cycle
Author: Nikhilesh De
Published: 6/27/2026, 1:00:00 PM
Categories: Policy, CZ, Changpeng Zhao, Binance, Market Structure Legislation, Markets, News
There is no single cause for the crypto market's 50% decline over the past year, the Binance founder told CoinDesk.
7. Strategy's valuation has fallen below the value of its bitcoin holdings
Author: James Van Straten
Published: 6/27/2026, 12:08:14 PM
Categories: Markets, Bitcoin News, News
For years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — a situation Michael Saylor and team took full advantage of.
8. Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto
Author: Shaurya Malwa
Published: 6/27/2026, 7:58:35 AM
Categories: Markets, News
Ripple's Brad Garlinghouse called Strategy's preferred-stock funding model "financial engineering" that distracted the market, pointing to STRC's slide to a record low as the evidence. He runs the company behind XRP, a bitcoin rival.
9. Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers
Author: Shaurya Malwa
Published: 6/27/2026, 7:43:58 AM
Categories: Markets, News
A rotation out of chipmakers lifted much of the stock market, with the equal-weight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week and the memecoins dropped harder.