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 2077.68, up 3.7% (+74.61) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: SUI (+6.7%) and ADA (+5.8%). Laggards: ICP (+0.2%) and NEAR (+0.7%). The…
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$71,859.13 looks to be gathering bullish momentum, with volatility expected to increase as prices near a $3 billion trigger point. The leading cryptocurrency by market value climbed through $72,100 during European hours, the widely tracked average price over the past 50 days. According to analysts,…
Bitcoin BTC$71,859.13 rose through $72,000 during European hours on Friday, rising by 2% since midnight UTC and outpacing gains in U.S. equity indexes. Futures on the Nasdaq 100 and S&P 500 index dropped during Asian trading hours before recovering. Both are now in the green. The U.S. Dollar Index (DXY), meanwhile, broke above 100, a…
Bitcoin BTC$71,853.46 rose above $71,500 on Friday, outperforming U.S. equities even as the dollar strengthened and oil prices remained elevated as the war with Iran was set to enter its third week. A stronger dollar can tighten global financial conditions and often weighs on risk assets such as equities and cryptocurrencies. Higher oil prices —…
Many see bitcoin BTC$71,329.00 as a safe-haven and store-of-value asset, like gold. But some currency traders treat it as a lead indicator for broader market mood, and they’ve been proven right again: Before finding stability near $70,000 recently, bitcoin plunged sharply, presaging the ongoing global stock market swoon. Bitcoin’s price peaked above $126,000 in early…
BlackRock’s new staked ether (ETH) exchange-traded fund got off to a solid start Friday, pulling in more than $15 million in trading volume on its first day as Wall Street begins experimenting with yield-generating crypto ETFs. The iShares Staked Ethereum Trust, trading under the ticker ETHB, launched with just over $100 million in assets and…
XRP pushed higher after breaking a months-long descending trendline, with a surge in trading volume confirming renewed momentum above the $1.39 resistance zone. News Background XRP has struggled to sustain rallies through early 2026 as sellers repeatedly defended a descending resistance line formed by lower highs since January. The latest move marks the first decisive…
Pi Network’s PI token led the market higher on Friday, according to CoinGecko data, rising 30% during Asia’s morning hours, after crypto exchange Kraken said it would list the asset. Pi Network is a mobile-first cryptocurrency project that replaces traditional proof-of-work mining with a phone-based trust graph, where users tap a mobile app daily to…
JPMorgan Chase has been sued by investors in Goliath Ventures, with a proposed class action lawsuit alleging the bank ignored “red flags” that the allegedly fraudulent crypto pool raised and helped enable what the complaint describes as a $328 million crypto Ponzi scheme that affected over 2,000 people. Filed in federal court in the Northern…
A committee that advises the U.S. Securities and Exchange Commission recommended the agency move forward on a tokenized-securities policy that would allow traders to cut out the kind of go-between settlement that Wall Street investment firms have relied on for decades. The SEC’s Investor Advisory Committee voted Thursday to recommend narrow exemptions for the blockchain-based innovation…
