The crypto rally ran into a wall on Friday as fresh headlines of potential escalation in the Iran conflict abruptly cooled risk appetite across markets. Among the developments, the U.S. Central Command confirmed that all six crew members aboard a refueling aircraft that crashed in Iraq on Thursday had died. Meanwhile, the Wall Street Journal…
The Ethereum Foundation (EF) released a sweeping new document outlining its philosophy, priorities and long-term role in stewarding the world’s second-largest blockchain network. The 38-page “EF Mandate,” published Friday, frames the blockchain, whose ether (ETH) token is beaten only by bitcoin BTC$72,246.32 in market capitalization, as a technology designed to protect individual freedom in an…
Bitcoin BTC$73,738.49 is adding to overnight gains in early U.S. trading on Friday, continuing to show strong relative price action after many months of underperformance to assets like stocks and precious metals. Trading at $73,800, bitcoin is higher by nearly 5% over the past 24 hours, with most of those gains coming after U.S. Treasury…
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…
