CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating

Crypto markets slipped alongside stocks after Moody’s cut the U.S. sovereign credit score to Aa1, triggering risk-off sentiment and fresh concerns over government debt and macro stability.

White House. (René DeAnda/Unsplash)
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Movement Labs Secretly Promised Advisers Millions in Tokens, Leaked Documents Show

Signed memos reveal that Movement Labs, a Trump-backed crypto startup, offered up to 10% of its token supply to shadow advisers through undisclosed agreements.

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)