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 2090.4, up 1.3% (+26.17) since 4 p.m. ET on Thursday. Sixteen of 20 assets are trading higher. Leaders: TAO (+5.5%) and BTC (+1.9%). Laggards: ICP (-0.7%) and DOT (-0.4%)….
Bitcoin BTC$78,258.03, the largest cryptocurrency, is set to surge in the next four years, propelling its market capitalization to $16 trillion by 2030, Ark Invest said in its annual research report, Big Ideas. The more than 10-fold growth — market cap is currently about $1.5 trillion — will be driven by accelerated institutional adoption and…
Japanese financial conglomerate SBI Holdings plans to acquire a stake in Bitbank, one of the country’s largest crypto exchanges. The Tokyo-based broker submitted a letter of intent to Bitbank Co., Ltd. regarding the purchase of the exchange’s shares with the goal of turning it into a consolidated subsidiary, according to an announcement on Friday. SBI…
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin climbed to $77,400, turning higher with other risk assets after earnings reports from the largest U.S. tech companies helped steady markets. The gains came after Apple (AAPL) joined peers with an earnings report that improved sentiment across the industry….
Bitcoin BTC$77,226.27 rose more than 1.2% during the European morning to reach just shy of $77,500 for a lift of about 1.7% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), also ticked higher, up around 0.95%. Bitcoin’s gains came on above-average volume, with 24-hour activity…
A South Korean court overturned Bithumb’s six-month partial business suspension Thursday, according to Yonhap News. The news agency cited legal sources, saying that the 2nd Administrative Division of the Seoul Administrative Court’s Judge Gong Hyeon-jin had accepted Bithumb’s application for a stay of execution on the same day it was presented. There was no clarification…
Strategy (MSTR), the largest publicly traded bitcoin BTC$76,987.97 holder, has maintained an 11.5% dividend rate for May on its perpetual preferred stock, Stretch (STRC), marking a third consecutive month at that dividend rate. The volume weighted average price (VWAP) during April came in at $99.76, which was close enough to its $100 par value to…
Bitcoin BTC$77,104.25 is on the defensive as April draws to a close, though seasonal trends suggest any pullbacks may prove short-lived, potentially paving the way for a renewed move higher in the weeks ahead. Data going back to 2013 shows that May tends to be a bullish month for the largest cryptocurrency, with gains in…
A Green Beret’s alleged $400,000 insider bet on a raid in Venezuela seemed like an isolated breach. A new report suggests it may be the visible edge of something broader. The Anti-Corruption Data Collective (ACDC), a nonprofit research group, analyzed every settled Polymarket contract from January 2021 through mid-March 2026 — more than 435,000 markets…
MARA Holdings (MARA) has agreed to buy Long Ridge Energy & Power in a deal valued at about $1.5 billion. MARA will also assume at least $785 million of debt backstopped by a bridge loan. The seller, FTAI Infrastructure (FIP), is up 12% in pre-market trading. MARA is ahead 3%. The deal includes Long Ridge’s…
