CoinDesk 20 performance update: AAVE gains 10.1% as index rises
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Crypto
Quant fund says bitcoin is near a major inflection point as rare onchain signals align
In a recent report, the hedge fund explained that four proprietary onchain signals have aligned only five times during bitcoin's 15-year history. Each previous occurrence marked a cycle bottom, although Sullivan caution…
Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
The forecast, made in Chinese on X, puts the low some 30% below bitcoin's current level near $60,700, and rests less on the cryptocurrency's performance than on Strategy, the largest corporate holder of the token, accor…
Uniswap, Spark aim to build stablecoin FX market as banks, fintechs enter the industry
Uniswap (UNI) and Spark are betting that as the number of stablecoins grow, the market will need the equivalent of a foreign-exchange network to move liquidity between issuers.
Bitcoin derivatives signal panic. A weak core PCE reading could trigger snapback.
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CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms
Blockchain intelligence firm TRM Labs said CoinEx served as a gateway for the crypto sector in Iran, having traced more than $3.84 billion in flows between the exchange and sanctioned Iranian entities in the last seven …
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
Boston-based stablecoin issuer Circle Internet Financial announced a partnership on Thursday with Japanese financial conglomerate Nomura Holdings to launch a digital asset settlement business. The firms plan to deploy a…
Crypto relief rally fails to shake persistent bearish derivatives signal
The largest cryptocurrency remains at a critical level in terms of broader market structure. A potential break lower in price could trigger a slide to around $52,000. For now, it appears to have weathered the storm.
Bitcoin supply in loss reaches record high 10.83 million BTC
The largest cryptocurrency has tested the $60,000 level repeatedly since February, briefly falling below it several times. Four months ago, the supply in loss peaked at 9.8 million BTC. It climbed to 10.78 million in ea…
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options worth $10 billion will expire on Deribit, the world's largest crypto options…
Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Ripple's dollar-backed stablecoin RLUSD is now greenlit for usage in Japan after clearing the country's financial regulator, giving the token entry into one of Asia's most tightly regulated crypto markets.
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
Bitcoin dropped to $59,175 overnight, its lowest point since early June, before recovering to about $61,500 by Thursday morning, per CoinDesk data. Nearly $1 billion worth of futures positions were liquidated across cry…
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
That level is $59,000, which has emerged as strong support, capping downside moves in recent days.
Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
Crypto sold off hard this week, with bitcoin breaking below $60,000 even as the technology stocks that had dragged it down came roaring back.
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.
Binance withdraws Greek MiCA bid but vows to remain in Europe
Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another European Union country, the crypto exchange said Wednesday via several X posts.
The banking lobby is wrong about stablecoins and community banks
Congress is debating whether stablecoins will hollow out community banking. The banking lobby says yes. The data says otherwise.
CoinDesk 20 performance update: Aave (AAVE) gains 5.9% as index moves higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Bitcoin falls to $60,000 as AI trade continues to draw investor interest and capital
Also continuing to lose ground on Wednesday were gold and oil, each falling below key levels — gold $4,000 per ounce and oil $70 per barrel.
Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart
Standard Chartered's Geoff Kendrick has initiated coverage of decentralized lending protocol Aave
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
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Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition
Isadora Arredondo has a unique outlook on crypto regulation in the United Kingdom. Before joining Hedera as vice president of global policy, she worked at the U.K.’s Financial Conduct Authority (FCA), where she was invo…
Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act
U.S. President Donald Trump has refused to sign a law that includes a four-year ban on central bank digital currencies, which was part of Congress' housing affordability bill, until he gets unrelated legislation passed …
SecondFi loses $2.4 million in Cardano wallet exploit
SecondFi, the Cardano wallet formerly known as Yoroi, says it has patched a major exploit that drained roughly 16 million ADA, worth approximately $2.4 million, from 374 user wallets across three separate attacks.