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 2062.95, up 1.1% (+22.36) since 4 p.m. ET on Wednesday. Nineteen of 20 assets are trading higher. Leaders: APT (+4.4%) and ICP (+2.4%). Laggards: AAVE (-0.2%) and BCH (+0.0%)….
AllUnity, a joint venture backed by DWS, Flow Traders and Galaxy Digital (GLXY), took its euro-backed stablecoin, EURAU, to the Solana blockchain, extending the token’s reach to a high-speed network often used for payments and trading. EURAU, which debuted last July on Ethereum, is fully reserved and issued under a regulated e-money framework aligned with…
Bitcoin BTC$76,042.67, while it’s slightly in the green may be in for a shock. The largest cryptocurrency has gained less than 0.5% since midnight UTC, and strong moves toward $80,000 are likely to run into opposition. That’s because short-term holders have a cost basis around that price, Luke Deans, a senior research associate at Bitwise,…
*** NOT FOR PUBLICATION – EMBARGOED TILL 5AM ET APRIL 30 **** XO Market is betting that the future of prediction markets won’t be dictated by centralized teams deciding what people can trade on, but by users themselves. The startup, which just closed a $6 million seed round led by 20VC, Picus Capital, Coinbase Ventures,…
DOGE$0.1062 traders are taking risks, sending the token’s price sharply higher, even as the rally in market leader bitcoin BTC$75,735.40 stalls. It’s evident in the futures market where open interest in DOGE futures has risen to 15.36 billion tokens, the highest level this year, according to Coinglass. Open interest (OI) refers to the number of…
Ouch. That is how Holger Zschaeptiz, one of the most widely followed macro commentators on X, reacted after the yield on the 30-year U.S. Treasury note (government bond) rose to 5% early today, hitting the highest since July 2025. This level has been tested only twice over the past two decades. His reaction also sums…
The Iran war premium is back, and crypto is paying for it. Bitcoin slid 2.1% over the past 24 hours to $75,633 in Asian hours Thursday, down 3% on the week, as Brent crude jumped 7.1% to $126.41 a barrel — the highest intraday level in four years — on an Axios report that President…
As fully expected by markets, the U.S. Federal Reserve held its benchmark fed funds rate range steady at 3.50%-3.75% on Wednesday, marking the fourth straight meeting without a change as officials weigh persistent inflation risks against signs of slowing economic growth. “In considering the extent and timing of additional adjustments to the target range for…
The latest holding pattern for the bill to fully insert the crypto sector into the U.S. financial system was centered on Senator Thom Tillis’ request that bankers get more time to negotiate the Digital Asset Market Clarity Act’s approach on the contentious topic of stablecoin rewards. That may be over. Tillis told reporters on Wednesday…
For a decade, the crypto industry has gathered at Consensus to discuss what was coming next. This year, something different is happening. The future has started arriving. Real-world assets are being minted onchain. Stablecoins are quietly becoming the connective tissue of global commerce. Prediction markets are turning probability into a tradable asset class. The institutions…
