The Canadian government managed to pass its federal budget in Parliament which, among other things, would establish a stable currency policy. Parliament narrowly passed Prime Minister Mark Carney’s first budget on Monday evening. At the bottom of the lengthy document is a section that would govern the issuance of stablecoins, overseen by the Bank of […]
Canada approves budget that advances stablecoin policy Read More »
Chainlink’s LINK token surged 4.17% on Tuesday, climbing to just under $14 and breaking through several resistance levels as institutional demand for Oracle infrastructure assets accelerated. The move marked a rare show of strength after recent headwinds, with LINK outperforming Bitcoin’s advances. BTC$93,375.87 and the broader market benchmark CoinDesk 5. Trading volumes rose sharply during
4% Rally Amid Crypto Rebound, Outperforming Bitcoin (BTC) Read More »
Crypto enthusiasts are rubbing their eyes in astonishment on Tuesday as digital assets outperform U.S. stocks for what appears to be the first time in weeks or months. Just before noon on the east coast, bitcoin BTC$93,215.84 rose to $93,500 after falling below $90,000 at one point overnight, up 1% in the past 24 hours.
Rare day of outperformance compared to stocks Read More »
Cloudflare experienced a major outage on Tuesday that resulted in widespread service outages across thousands of websites and applications. Several large centralized crypto services rely on Cloudflare to handle heavy traffic. BitMEX faced an outage, while there was also significant downtime for the Telegram-linked Toncoin blockchain. But the outage extended beyond crypto, with platforms like
Global Cloudflare Outage Fuels New Calls for DePIN Solutions Read More »
Bitcoin’s strong sell-off may finally have run its course, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered, who says the pullback is following a familiar pattern and is likely close to being exhausted. Bitcoin BTC$93,468.61 plunged below $90,000 on Tuesday, extending a pullback that erased nearly 30% of the currency’s all-time
Sell-off likely ‘over’, year-end rally in play, analyst says Read More »
Bybit opens “Vault of Legends” with 500,000 USDT in exclusive VIP rewards
Bybit opens “Vault of Legends” with 500,000 USDT in exclusive VIP rewards Read More »
The Bitcoin hash price fell to its lowest level in five years, according to Luxor, now sitting at $38.2 PH/s. Hashprice, a term introduced by Luxor, measures the expected daily value of one terahash per second of computing power. The metric reflects the amount of revenue a miner can expect from a specific amount of
BTC Hashprice Falls to Five-Year Low Read More »
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 2947.42, up 1.5% (+43.33) since 4 p.m. ET Monday. Sixteen out of twenty assets are trading upwards. Leaders: SOL (+5.8%) and APT (+5.3%). Lagging behind: ICP (-3.0%) and
Solana (SOL) rises 5.8%, leading index on the rise Read More »
A global outage of Cloudflare’s internet services led to an outage of several crypto front-ends on Tuesday. Block explorer Abritrum Arbiscan reports “major outage”, with several other sites including social media platform X and data platform DefiLlama reporting intermittent “internal server errors”. “Cloudflare is aware and investigating an issue affecting multiple customers: widespread 500 errors,
Global Disruption Takes Crypto Sites Offline Read More »
The crypto market showed little to no signs of recovery on Tuesday, along with bitcoin. BTC$91,380.91 trading at $91,400 while ether ETH$3,051.96 was trading around $3,060. The Fear and Greed Index now reads 15/100, a low not seen since April, before the price of Bitcoin defied bearish expectations by jumping from $76,000 to over $100,000
Fear Grips Market as BTC Price Tests Support and Altcoins Weaken Read More »
