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 1979.83, down 0.3% (-5.15) since 4 p.m. ET on Monday. Thirteen of the 20 assets are trading higher. Leaders: APT (+1.6%) and AAVE (+1.5%). Laggards: BCH (-2.2%) and XRP…
Strategy (MSTR) continued with its customary bitcoin purchases in the last week, adding 2,486 BTC for $168.4 million. The company’s holdings are now 717,131 bitcoin acquired for $54.52 billion, or an average of $76,027 per coin. Bitcoin’s current price sits at $68,000, putting the company at a loss of about $8,000 per coin, or a…
By Omkar Godbole (All times ET unless indicated otherwise) A new Bitcoin Improvement Proposal, BIP-110, which seeks to curb spam-like data clogging the blockchain, is facing backlash from some industry leaders who argue it risks damaging the network’s reputation more than the spam itself. BIP-110 is a “soft fork,” a type of upgrade that works…
Fast food chain Steak ‘n Shake has said its decision to accept bitcoin BTC$68,324.61 nine months ago has seen same-store sales rise “dramatically.” Bitcoin payments are routed directly into its Strategic Bitcoin Reserve, which is then used to fund bonus payments for its employees, according to a statement posted on the company’s X account on…
Bitcoin BTC$68,153.23 is struggling to build any upward momentum, even as the key panic gauge pulls back from its early-month high and hints at renewed stability. Bitcoin’s 30-day implied volatility, the fear or panic gauge, which reflects investors’ expectations for price swings over 4 weeks, has dropped to an annualised 52%, according to data source…
The U.K.’s crypto regulatory framework is moving in the right direction, but not fast enough to support the country’s ambitions of becoming a global digital asset hub, Andrew MacKenzie, CEO of sterling stablecoin developer Agant, told CoinDesk. The government has repeatedly pledged to position London as a center for global crypto and digital asset activity….
Decentralized lending protocol ZeroLEnd is winding down operations after three years, citing unsustainable economics amid inactive blockchains and rising security threats. The protocol, which ran crypto lending markets across various blockchains, said sustained efforts couldn’t overcome challenges such as price data providers dropping support and shrinking liquidity on networks like Manta, Zircuit, and XLAYER. These…
Investors are most bearish on the dollar in over a decade, per Bank of America’s (BofA) latest survey and that extreme bet could breed bitcoin BTC$68,770.50 volatility, just not the way crypto bulls have become used to. BofA’s February survey shows investor positioning in the U.S. dollar has fallen to its most negative (bearish) level…
Crypto exchange Kraken has become the latest company to heed calls from US President Donald Trump to support his “Trump Accounts,” a savings plan for American children under 18. The move was first announced by Wyoming Senator Cynthia Lummis on Monday, with the Republican official stating that Kraken would provide funding to all Trump Accounts…
Users of crypto hardware wallets Ledger and Trezor are again reporting receiving physical letters aimed at stealing their seed recovery phrases — the latest attack on users exposed across numerous data leaks over the past six years. Cybersecurity expert Dmitry Smilyanets was one of the first to report receiving a spurious letter from Trezor on…
