CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2130.2, up 0.7% (+14.28) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: APT (+3.5%) and AAVE (+3.2%). Laggards: CRO (+0.0%) and XLM (+0.2%). […]
Aptos (APT) gains 3.5%, leading index on the rise Read More »
Michael Saylor, executive chairman of Strategy (MSTR), the largest publicly traded Bitcoin holder BTC$78,301.16said Thursday on X that the crypto winter was over as bitcoin held above $78,000, a price level first reached early on April 22, according to CoinDesk data. In a Game of Thrones-style image, wearing a fur coat, an item of clothing
For Bitcoin BTC$78,187.18 For traders, the direction of the Dollar Index (DXY), a measure of the greenback’s strength against a basket of other currencies, hasn’t mattered this much in nearly four years. Indeed, according to TradingView, the 30-day correlation coefficient between the two now stands at -0.90, the most negative reading since September 2022. A
Cryptocurrency volatility cooled on Friday, with bitcoin BTC$77,667.29 stuck between $77,500 and $78,500 since midnight UTC. The moderate price action follows a failed attempt to break out near $80,000 on Wednesday, although the broader trend remains constructive, with BTC price rising through April and printing a series of higher highs and higher lows. Ether (ETH)
India is turning to social benefits to drive adoption of its central bank digital currency as it prepares to put CBDC in the spotlight at a summit of BRICS countries later this year. The Reserve Bank of India is running about 10 pilot programs routing part of the country’s roughly $80 billion welfare system through
new video uploaded: Who benefits from a price refund? Following a Supreme Court ruling that overturned several Trump administration tariffs, importers began seeking their share of the $166 billion in refunds. As our business reporter Tony Romm explains, consumers are unlikely to see much of this money returned to their pockets. By Tony Romm, Nour
Who benefits from a price refund? Read More »
The U.S. government holds an unrealized gain of about $26.5 billion on its stake in Intel (INTC) after shares of the chipmaker jumped more than 22% in premarket trading Friday, following a stronger-than-expected first-quarter earnings report. The position stems from an August deal in which the Trump administration converted $8.9 billion in CHIPS Act grants
Japanese Bitcoin treasury company Metaplanet is back on the market with a new round of leverage on its balance sheet, issuing 8 billion yen, worth about $50 million, in zero-interest regular bonds to fund future Bitcoin purchases. In a filing Friday, the company said the latest offering was fully supported by EVO Fund, a Cayman
Bitcoin holder Metaplanet raises $50 million in zero-interest bonds to buy more BTC Read More »
Bitcoin Falls Below $78,000 Amid High Oil Prices; planned for the 4th weekly increase
Bitcoin Falls Below $78,000 Amid High Oil Prices; planned for the 4th weekly increase Read More »
Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint targeting Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com, the state cites those companies’ own marketing to call them unlicensed gambling sites. “Barely disguising illegal conduct does not make it legal,” Attorney General Josh Kaul
