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 2196.49, down 1.6% (-36.49) since 4 p.m. ET on Monday. Three of 20 assets are trading higher. Leaders: CRO (+1.9%) and BNB (+0.2%). Laggards: SUI (-4.9%) and TAO (-4.4%)….
Exodus Movement (EXOD) cut its bitcoin holdings by 1,076 BTC in the first quarter, while adding 5,068 SOL, as it moved more of its balance sheet into cash as the crypto wallet provider prepared to close its W3C payments deal. The company held 628 BTC at the end of March, down from 1,704 BTC on…
The broader crypto market ticked lower on Tuesday with bitcoin BTC$80,636.06 falling 1% since midnight UTC to $80,800 and ether (ETH) losing 2% to $2,290. U.S. equity futures also dropped after U.S. President Donald Trump said the ceasefire with Iran was “on massive life support,” leading to a spike in Brent crude oil to $107…
Galaxy Digital (GLXY) and Sharplink (SBET) are teaming up to put part of the latter’s staked ETH treasury into decentralized finance (DeFi) strategies. The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy, the companies said. Galaxy is set to manage the investment, which is…
Bitcoin’s BTC$80,984.66 transparency was once considered one of its greatest strengths. Now, Ray Dalio says, it may be the very reason central banks won’t adopt it as a reserve asset, even though corporations and institutional investors have embraced it. The billionaire hedge fund manager, who is also a bitcoin investor, said on X that, “Bitcoin…
DeFi lender Aave and other stakeholders impacted by last month’s Kelp DAO hack have launched a binding Arbitrum governance vote to transfer $71 million in disputed ether into an Aave LLC-controlled address A Constitutional Arbitrum Improvement Proposal, or AIP, is the DAO’s formal on-chain governance mechanism for approving binding protocol actions. This amended proposal implements…
XRP keeps pushing into the same resistance area that has rejected rallies since February, but the way it’s trading is starting to change. Price is no longer getting sold off immediately after touching the range. Instead, XRP is holding near the highs, which usually matters more than the initial breakout itself. News Background • Ripple…
Bitcoin is trading above $80,000, according to CoinDesk market data, after recovering from Friday’s dip, but the rebound still looks more like a market testing resistance than a decisive move higher. The market structure tells a more complicated story than the price alone, according to market observers. Beneath bitcoin’s rebound, buyers are becoming more active,…
Disclosure: The author of this story owns shares in Strategy (MSTR). Michael Saylor, the executive chairman of Strategy (MSTR), the largest publicly traded corporate holder of bitcoin BTC$81,227.00, announced Monday on X the purchase of 535 bitcoin for roughly $43 million at an average price of about $80,340 per coin The purchases bring the company’s…
Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer. Source link
