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 2171.96, down 0.2% (-4.96) since 4 p.m. ET on Wednesday. Thirteen of 20 assets are trading higher. Leaders: ICP (+9.7%) and DOT (+1.7%). Laggards: BCH (-1.2%) and NEAR (-1.0%)….
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin BTC$80,876.22 has pulled back below $81,000 after narrowly missing a test of the closely watched 200-day simple moving average (SMA), currently located near $83,300, on Wednesday. The broader crypto market is also trading in the red, with the CoinDesk…
The crypto market dropped back on Thursday with bitcoin BTC$80,861.14 losing around 0.7% since midnight UTC following Wednesday’s rally to a three-month high of $82,800. Ether lost around 1% during Asia and European hours, now trading at $2,325 having briefly topped $2,420 on Wednesday. The broader market is showing early signs of a bullish reversal…
The crypto industry may have fundamentally misunderstood the metaverse, according to Animoca Brands chairman Yat Siu, who argues that the next phase of virtual economies would arrive not through VR headsets or immersive digital worlds, but through fleets of AI agents transacting across blockchain networks behind the scenes. Siu said the metaverse maybe coming to…
The Trump brothers’ bitcoin mining venture cut its cost per coin by nearly a quarter in three months, going against industry trends. American Bitcoin (ABTC) said in a Wednesday filing that its cost to mine one bitcoin fell to roughly $36,200 in the first quarter, a 23% drop from $46,900 in Q4 2025. That puts…
Bitcoin lenders may need to become more like traditional finance firms, not less, if they want institutional capital to keep flowing into the sector. At Consensus 2026 in Miami, Alexander Blume, founder and CEO of institutional bitcoin lender Two Prime, argued that the next stage of crypto credit growth will depend less on decentralized finance…
Bitcoin BTC$82,164.36, the world’s largest digital asset by market value, has risen from roughly $63,000 to over $80,000 in the past three months, according to CoinDesk market data. And key signals that professionals watch closely are now all pointing in the same direction: $85,000. The rally is not just about price, but about the ripples…
The crypto rally took a pit stop on Thursday while equities kept zooming higher. Bitcoin BTC$80,884.05 traded at $80,945 in Asian hours, down 0.7% over 24 hours but still up 6.9% on the week. Ether (ETH) slipped 2% to $2,326, and DOGE$0.1107 was the major laggard, dropping 4.4% to $0.1106 after last week’s run took…
What was once viewed as a speculative fringe movement is rapidly becoming part of the world’s financial plumbing, according to executives from Binance, Revolut and Circle (CRCL) speaking at Consensus Miami on Wednesday. “We were in the Prohibition era,” said Rachel Conlan, chief marketing officer at Binance. “Now we are in the infrastructure phase.” Conlan…
Wall Street’s clearinghouse is working with blockchain developers to bring one of capital market’s least glamorous but most operationally complex functions onchain: corporate actions. Frank La Salla, CEO of the Depository Trust and Clearing Corporation (DTCC), said Wednesday at Consensus 2026 in Miami that the market infrastructure giant is collaborating with several layer-1 (L1) blockchain…
