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Internet Computer saw a volatile 24-hour stretch marked by early selling and a sharp rebound After falling to $5.27, the token recovered into the close to settle at $5.4324 - trimming losses after a 3.47% daily decline. The turnaround came amid renewed optimism driven by the official launch of
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CoinDesk Analytics is CoinDesk's AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk's editorial team before publication. The tool synthesizes market data
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BONK saw a 15% breakout, driven by a jump in trading activity and rising on-chain traction. With open interest increasing 9% and derivatives volume also higher, market participants are signaling increased conviction in the Solana-based meme token’s upside potential, according to CoinDesk Research's technical analysis data model.Much of the excitement
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AI is no longer an emerging technology. It’s here, and it’s becoming the bedrock of modern civilization. Just as electricity transformed the 20th century and the Internet transformed the 21st, AI is reshaping how we work, govern, and live. Soon, every major institution, from hospitals to the military, will integrate
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Deribit, the world's largest crypto options exchange, has announced a new rewards program for eligible USDC holders to enhance users' collateral choices and boost overall capital efficiency on the platform.These payments are possible because Deribit leverages Coinbase as a custody solution for USDC and Coinbase, in turn, pays rewards to
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A bitcoin whale holding more than 80,000 BTC sold a chunk their hoard following bitcoin's ascent to an all-time high around $123,000 on Monday.The user, who mined the cryptocurrency during the earliest days of the industry — a period known as the Satoshi era after the pseudonymous bitcoin creator
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Two Prime, an SEC-registered investment adviser and institutional lender managing around $1.75 billion in assets, said it secured a $20 million equity investment in a round led by bitcoin miner MARA Holdings (MARA). In addition to taking an equity stake in the firm, MARA raised the number of bitcoin
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Bitcoin's (BTC) volatility could continue to fall as mainstream acceptance grows and the cryptocurrency is adopted by companies, retail investors and governments, Deutsche Bank said in a research report on Tuesday.Excitement over upcoming legislation in the U.S. has spurred bitcoin’s recent rally, the german lender said, but it is notable
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Three different crypto bills could potentially pass through the House of Representatives in the next few days: the GENIUS Act, the Clarity Act, and the Anti-CBDC Act.The “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” (GENIUS) Act would set up a framework for overseeing stablecoins. It has already
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The U.S. House of Representatives' so-called Crypto Week is steaming toward mid-week votes on two foundational pieces of legislation that would push the industry's status forward significantly in the U.S., including what amounts to a final congressional action on regulating stablecoins.While that last necessary vote on the stablecoin bill known
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