CoinDesk 20 performance update: Bitcoin (BTC) trades flat while altcoins rise
NEAR Protocol (NEAR) gained 5.8% and Avalanche (AVAX) climbed 3.6%. Source link
NEAR Protocol (NEAR) gained 5.8% and Avalanche (AVAX) climbed 3.6%. Source link
The U.S. employment market rebounded in a big way from February’s sizable losses. According to a Friday morning release from the Bureau of Labor Statistics, the country added 178,000 jobs in March, after losing 133,000 positions the previous month. Economist forecasts had been for 60,000 jobs to have been added. The unemployment rate fell to…
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$67,020.54 is stuck in a tight range near $66,600 ahead of the Good Friday holiday, as geopolitical tensions and shifting macro expectations keep prices contained. While the cryptocurrency saw a slight rise in the last 24 hour period it failed to break above $67,000. It’s…
The crypto market continued to exhibit signs of choppiness on Friday, with bitcoin BTC$66,726.86 trading at $67,000 in the middle of a trading range that spans back to early February. A selection of altcoins picked up during the lower liquidity Asia hours, prompting the likes of ALGO and RENDER to post double-digit gains over the…
Most of the crypto industry spent this week processing Google’s paper on how quantum computers could break blockchain encryption. One startup is asking a different question — whether quantum hardware can make blockchains better. Postquant Labs, which is building the world’s shared quantum computer, Quip.Network announced Wednesday the launch of what it calls the first…
Coinbase’s AI-focused payment protocol x402 is moving toward becoming an open, standardized infrastructure under the Linux Foundation, the non-profit hub for open-source software development. The move aims to create a community-governed ecosystem for high-frequency, micro transactions that legacy finance can’t efficiently handle. The protocol has formed an initial governing body, the x402 Foundation, that includes…
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 1875.68, down 4.5% (-88.38) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: CRO (-2.5%) and BCH (-3.0%). Laggards: UNI (-7.7%) and SOL…
Crypto markets are stuck in a holding pattern as geopolitical tensions in the Middle East cloud an otherwise improving macro backdrop, according to crypto asset manager Grayscale. “The war in Iran overshadowed virtually all other market developments in March,” the Grayscale research team said in a Wednesday report. Before the conflict escalated, global growth appeared…
Bitcoin is trading choppily around $66,600, as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action. With CME futures and ETF flows set to pause over Good Friday, the market is heading into a liquidity gap just as its most reliable source of support is already weakening. Bitcoin’s $65,000…
Elliptic said Thursday the $285 million Drift Protocol exploit, the largest this year, carries “multiple indicators” of North Korea’s state-sponsored DPRK hacker group involvement. The research firm pointed specifically to onchain behavior, laundering methodologies and network-level signals, all of which align with previous state-linked attacks. Drift Protocol, whose token has dropped over 40% to roughly…