Cryptocurrency Analysis and News Portal
CoinDesk Indices and decentralized finance (DeFi) specialist Sentora are introducing a benchmark tied to overnight stablecoin lending rates, bringing on-chain markets one step closer to mainstream money markets.The CoinDesk Overnight Rates (CDOR) are designed to transform real-time borrowing activity into standardized rates, giving trading firms, exchanges, and protocol treasuries a
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A fog of uncertainty continues to hang over global markets as crypto assets trade sideways, ahead of this week’s U.S. Federal Reserve meeting. While equities briefly found their footing on Monday, crypto markets remained defensive after Friday’s $1.2 billion futures liquidation, which shook out overleveraged longs and sent altcoins sharply
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Global banking giant JPMorgan Chase has filed a trademark application for a new crypto-focused platform branded as JPMD, signaling that the bank is pushing deeper into digital assets.According to the application filed on Sunday to the U.S. Trademark and Patent Office, JPMD will offer services such as "providing trading, exchange,
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Bitcoin miners are facing mounting pressure as the network’s hashrate and difficulty continue to climb, tightening margins even as bitcoin’s price holds steady, according to TheMinerMag’s monthly report.The network's mining difficulty hit a record 126.98 trillion, propelled by a 14-day average hashrate of 913.54 exahashes per second (EH/s). Transaction
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Litecoin rallied more than 2% on Monday, gaining ground as investors eye a possible spot exchange-traded fund (ETF) approval and navigate a shaky geopolitical backdrop.LTC rose from $85.05 to $88 in a 24-hour period, an uptrend marked by higher lows and heavy volume. The rise coincides with growing expectations
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Toncoin established strong support at $2.94-$2.96 before making a decisive move upward, demonstrating resilience even after a sharp pullback, according to CoinDesk research’s technical analysis model.The token is up 1.5% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market
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Binance Coin (BNB) climbed over the last 24 hours even as geopolitical tensions rattled the markets, driven by surging usage of the BNB Chain, which recorded more than 16 million transactions a day earlier this month.That transaction figure marks a massive jump when from the near 4 million transactions a
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In recent months, the federal Office of the Comptroller of the Currency (OCC) has signaled a more permissible regulatory stance towards national banks and federal savings associations (collectively, banks) engaging in crypto-asset activities. “I will continue to work diligently to ensure regulations are effective and not excessive, while maintaining a
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Tron, the blockchain founded by billionaire Justin Sun, is looking to go public in the U.S., the Financial Times reported on Monday.Tron will go public via a reverse merger with Nasdaq-listed SRM Entertainment, the report said, citing people familiar with the matter. The deal is being managed by Dominari Securities,
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By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's continued choppy trading near January's highs of around $110,000 has some observers drawing parallels with 2021, when the bull market ended with twin peaks closer to $70,000. Not everyone agrees."The market dynamics between 2021 and today are completely different," Jeff
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