Crypto-related stocks opened Wednesday’s US session with big gains in the form of Bitcoin BTC$72,127.07 surged above $72,000 for the first time in almost a month. Crypto exchange Coinbase (COIN) surged above $200 to its highest price since late January, up 12% in the first minutes of trading. Strategy (MSTR), the largest corporate bitcoin holder, […]
COIN and MSTR lead gains as bitcoin (BTC) climbs above $70,000 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 2029.47, up 3.9% (+76.88) since 4 p.m. ET Tuesday. Eighteen of the 20 assets are trading higher. Leaders: SOL (+5.6%) and AAVE (+5.0%). Lagging behind: NEAR (-2.4%) and
Solana (SOL) gains 5.6%, main index up Read More »
The White House crypto adviser pushed back on JPMorgan CEO Jamie Dimon’s assertion that interest-paying stablecoin issuers should be regulated like banks. Stablecoins do not need to be treated as deposits because the Genius Act explicitly prohibits issuers from lending the reserves that back their tokens, Patrick Witt, executive director of the President’s Council of
Trump’s crypto advisor refutes Jamie Dimon’s call to treat yield stablecoins like banks Read More »
The world’s largest market infrastructure operators warn that tokenized securities will struggle to grow unless the industry comes to agreement on how blockchains and traditional financial systems connect. In a joint white paper, the Depository Trust and Clearing Corporation (DTCC), Euroclear and Clearstream, in collaboration with the Boston Consulting Group, argued that “interoperability is a
By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$70,787.31 reached just under $72,000, hitting a one-month high and lifting the broader crypto market even as the war in the Middle East wreaks havoc on traditional markets. The outperformance stems from several factors, including relative positioning, increasing odds of the United States passing the
Here’s why the price of Bitcoin (BTC) soared to $71,000: Crypto Daybook Americas Read More »
Bitcoin BTC$68,503.15 rose to a one-month high of $71,800, rejecting the risk-off sentiment that has limited the rise in U.S. stocks over the past week. The largest cryptocurrency remained just below $72,000, a level it last reached on February 8 before falling back to $65,000. Precious metals also rebounded on Wednesday, with gold and silver
Strategy (MSTR) sold more of its perpetual preferred stock, Stretch (STRC), on Tuesday to buy about 1,000 bitcoins. BTC$68,503.15 This is the largest one-day increase for the instrument since it began trading in July 2025, according to data from STRC.live. Strategy is the largest publicly traded holder of Bitcoin, and revenues from STRC’s trading activity
Bitcoin BTC$68,503.15 surged on Wednesday, underscoring its growing resilience in the face of unrest in the Middle East, while gold, a traditional safe haven, lagged. The leading cryptocurrency by market value hit $71,023 during European hours, up more than 6% on a 24-hour basis, according to CoinDesk data. Other majors such as Ether (ETH), XRP
BTC Surpasses $71,000, Building on Resilience Amid Middle East Conflict Read More »
Ray Dalio picked an interesting week to destroy Bitcoin. The founder of Bridgewater Associates said Tuesday on the popular All-In podcast that investors should stop comparing bitcoin to gold, arguing that the largest cryptocurrency lacks central bank backing, lacks privacy and faces long-term threats from quantum computing. “There is only one gold medal,” Dalio said.
Bitcoin has now fallen from the $70,000 level three times since the February 5 crash, with Wednesday’s Asian session taking the market back to $67,600 after another failed attempt earlier in the week. BTC was trading at $67,612 on Wednesday morning in Asia, down 0.7% over the past 24 hours but up 3.4% for the
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