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Leading stablecoin Tether declines again as market cap looks set for second consecutive monthly decline

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Attached USDT$1.0002the world’s largest stablecoin by market value, continues to decline and appears poised for a second consecutive monthly contraction, signaling challenging conditions for a sustainable and broader market recovery. Tether’s market capitalization fell 0.8% to $183.61 billion this month, extending January’s 1% decline from a record $186.84 billion, according to data source CoinDesk. This […]

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Vitalik Buterin sold 17,000 ETH this month as ether fell 37%

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Vitalik Buterin allocated 17,000 ether, worth approximately $43 million, to privacy projects in January. A month later, his wallet balance has decreased by approximately that amount and the token he is selling has lost more than a third of its value. Data from Arkham Intelligence shows that wallets attributed to Buterin held approximately 241,000 ETH

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Anchorage Digital owns Strategy holds preferred shares of bitcoin holder Strategy

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Anchorage Digital, the first crypto company to obtain a U.S. banking charter, said Wednesday that it holds perpetual preferred stock in treasury company Bitcoin Strategy on its balance sheet. Anchorage CEO Nathan McCauley called it a “compounded conviction.” “Institutions don’t just talk about Bitcoin, they structure themselves around it. When the company that operationalizes the

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DOGE jumps 5% as breakout turns resistance into support

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Dogecoin pushed higher on outsized volume after repeatedly testing resistance, flipping a key ceiling into support, and setting up a short-term test of the next supply zone. News context DOGE has advanced alongside a broader, stabilized crypto market, with buyers stepping in after several sessions of tight consolidation. This move was not driven by token-specific

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BTC surges above $65,000 as bullish ‘double bottom’ hopes grow

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Bitcoin BTC$65,273.05 reclaimed $65,400 early Wednesday, as a weaker U.S. dollar and a risk-on tone in Asian stocks gave crypto markets their first sharp rebound in weeks. The broader crypto market cap fell to $2.19 trillion earlier this week, virtually retesting the lows reached during the February 5 crash. This proximity is what makes the

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Over 400,000 BTC bought between $60,000 and $70,000 during the latest BTC downturn

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More than 400,000 BTC were accumulated between $60,000 and $70,000 during Bitcoin’s latest downturn, highlighting aggressive buying on the dips as the market pulled back sharply, according to Glassnode data. Supply in the $60,000 to $70,000 bracket increased from around 997,000 BTC on January 1 to around 1.43 million BTC today, an increase of around

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Guangzhou advances cross-border repo to release $300 trillion in assets

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A group of global financial firms have entered into the first intraday cross-border repurchase agreement using tokenized UK government bonds on the Canton Network, a blockchain designed for institutions. The transaction marks the first time digital versions of gilts, a $2 trillion market, have been used in a cross-border intraday repo, according to a statement

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Coinbase trades stocks and ETFs as it expands its product line beyond crypto

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Coinbase (COIN) has opened trading of stocks and exchange-traded funds (ETFs) to all U.S. customers, expanding beyond digital assets as part of its plan to become an “exchange of everything.” The rollout allows users to buy and sell US-listed stocks and ETFs on the same platform they use for crypto. Trading takes place 24 hours

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the index falls by 2% while almost all constituents decrease

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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 1,816.14, down 2.0% (-36.33) since 4 p.m. ET Monday. One of the 20 assets is trading higher. Leaders: ICP (+1.2%) and NEAR (-0.3%). Lagging behind: BCH (-4.2%) and

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