XRP keeps grinding toward the top of its recent range, and the move is starting to matter more because liquidity has thinned out while price keeps compressing underneath resistance. That combination tends to make breakouts sharper once the market finally picks a direction. News Background • Analysts continue pointing to longer-term bull flag and falling…
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 2142.44, up 0.1% (+2.73) since 4 p.m. ET on Thursday. Seventeen of 20 assets are trading higher. Leaders: NEAR (+6.3%) and ICP (+5.8%). Laggards: BNB (-0.4%) and CRO (-0.1%)….
The U.S. labor market continued to show at least modest strength in April, according to data released Friday by the Bureau of Labor Statistics. The economy added 115,000 jobs during the month, well above economist expectations for 62,000, though down from 185,000 in March (revised from an originally reported 178,000). The unemployment rate remained at…
Friday’s U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March’s 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters. At first glance, weaker hiring data appears supportive for bitcoin…
Stablecoin-based cards could soon account for double-digit percentages of all cards in some Latin American markets, John Timoney, head of strategic partnerships at Rain, a payments infrastructure platform, said. Retail stablecoin card spend grew about 105% to 106% over the past year, Timoney said during a panel at Consensus Miami 2026. Cards are physical or…
Arbitrum delegates approved the release of $71 million in ether frozen after last month’s Lazarus-linked rsETH exploit, setting up a direct clash between decentralized governance and an active U.S. court fight over who owns the funds. The on-chain vote, which closed Friday afternoon Hong Kong time with more than 90% support, authorizes the release of…
Institutional investors have increasingly gained exposure to bitcoin BTC$79,512.22 and other major tokens through ETFs and centralized exchanges. However, they have largely stayed away from decentralized exchanges (DEXes) offering perpetual (perp) futures tied to crypto and tradfi assets, panelists said at Consensus Miami, citing security risks and a mismatch between DeFi’s permissionless design and institutional…
The crypto industry’s embrace of AI is less about chatbots and more about building financial infrastructure for autonomous machines, says Chappy Asel, a former Apple engineer and founder of AI nonprofit The AI Collective. Speaking at Consensus Miami, Asel, founder of The AI Collective, a global nonprofit AI community with more than 200,000 members across…
The longer the funding rates stay red, the louder the short squeeze gets. Bitcoin BTC$79,654.44 traded at $79,614 in Asian hours Friday, down 1.6% over 24 hours but still up 3.3% on the week, after pulling back from a Wednesday high of $81,500 that was the highest print since late January. Ether dropped 2% to…
MIAMI BEACH, Fl. — Donald Trump Jr. denied online rumors that WLFI$0.07315, the crypto platform tied to the Trump family, is unraveling amid a growing legal battle with Tron founder Justin Sun. Speaking at Consensus in Miami on Thursday, Trump Jr. and WLFI co-founder and CEO Zach Witkoff pushed back against speculation circulating on social…
