CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2774.43, up 1.5% (+40.48) since 4 p.m. ET on Thursday. Eighteen of 20 assets are trading higher. Leaders: SUI (+13.7%) and BCH (+7.1%). Laggards: POL (-1.9%) and ADA (-0.5%). […]
Bitcoin’s (BTC) recent uptrend has likely set the stage for a six-figure price mark, catalyzing increased trading activity in the memecoin sector, where DOGE and SHIB are seeing bullish activity. BTC, the leading cryptocurrency by market value, briefly topped $95,000 soon before press time, the highest since March 2, CoinDesk data show. The move comes […]
Semler Scientific (SMLR) bought an additional 111 bitcoin (BTC) for an average purchase price of $90,124, using proceeds from at-the-market offering and cash on hand, it announced in a press release. This brings the medical device maker’s total bitcoin holdings to 3,303 BTC, which were purchased at a total cost of $290.4 million. Semler said […]
Shares of Cantor Equity Partners (CEP) surged 55% on Tuesday and are up an additional 15% in pre-market trading, trading below $19. The skyward movement was driven by investor optimism around its proposed merger with Twenty One Capital a bitcoin (BTC) native investment vehicle backed by Tether, Bitfinex, and SoftBank. Led by Strike CEO Jack […]
Zora’s much-hyped ZORA token launch was meant to be a celebration — a “fun” moment for its community, and a supposed triumph for the tokenization of content creators everywhere, with strong demand expected for the Coinbase Ventures-backed token. Instead, it has turned into a familiar post-airdrop slog so far: A quick pop in price, followed […]
Americans reported a record $9.3 billion in losses to cryptocurrency-related crimes in 2024, according to a report by the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3). The losses represent a 66% jump from 2023 and highlight the growing use of digital assets in online fraud schemes. The annual IC3 report says nearly […]
Hit TV series Peaky Blinders, which reached an estimated audience of 80 million through platforms like Netflix, is set to be adapted into a blockchain-based video game and wider Web3 ecosystem, the companies behind the effort announced on Thursday. It is being developed by Anonymous Labs, a Web3 venture builder that previously launched the Simon’s […]
Binance, the world’s largest cryptocurrency exchange, is offering digital asset managers special accounts that allow pooling of their investors’ assets to make crypto fund management operations feel more like a traditional finance experience. The omnibus “Fund Accounts” introduce a universal net asset value (NAV) per unit concept used by buyside firms to provide a clear […]
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2759.21, up 4.7% (+124.59) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: SUI (+18.5%) and AAVE (+9.4%). Laggards: BCH (+0.8%) and LTC (+1.7%). The […]
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR) Traders shorting Strategy (MSTR), the bitcoin buyer whose share price gained 13% in March, may be struggling to find enough stock to repay the lenders who underpinned their bets the company’s value would fall. More than $180 million worth of trades in MSTR […]
Almost all cryptocurrency firms should be compliant with anti-money laundering (AML) transparency rules this year, a set of requirements around the sharing of certain information about the originator and beneficiary of transactions known as “the Travel Rule,” according to an annual survey carried out by crypto AML specialist Notabene. Notabene surveyed 91 virtual asset service […]
Scroll, the Ethereum layer-2 network, shared Wednesday that it has launched its Euclid upgrade, which the team called its most significant protocol transformation to date. According to Scroll Labs, a key consequence of the upgrade is that it transitions Scroll from a “stage 0” to a “stage 1” rollup, meaning the network will retire some […]