Cryptocurrency Analysis and News Portal
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 4022.91, up 0.3% (+12.57) since 4 p.m. ET on Friday.Four of 20 assets are trading higher.Leaders: SOL (+16.0%) and LINK (+4.3%).Laggards: DOT (-13.3%) and RENDER
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Bitcoin (BTC), the largest cryptocurrency by market capitalization, hit a record-high above $109,000 on Monday, sending both implied volatility and realized volatility to the highest levels since August's yen carry trade unwind.Realized volatility is the historical price fluctuations of bitcoin over the past 30 days. It hit 67 on the
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The world’s most-used blockchain just bagged its largest ever daily fees. On Saturday, Donald Trump’s official token, TRUMP, was issued on the Solana blockchain, which led to an uptick in trading volumes over the weekend. Between Saturday and Sunday, the network generated fees of over $35 million and revenue of
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Bitcoin (BTC) nursed losses during Monday's morning Asia trading hours amid frenzied trading in memecoins TRUMP and MELANIA.The leading cryptocurrency by market value briefly dipped below $100,000, representing a 4.5% drop on a 24-hour basis. ETH, XRP, SOL and BNB posted bigger losses, with ADA and DOGE losing over 10%,
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Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight.Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token Friday night, calling it his
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Is the coin real?That was the question plaguing crypto traders from U.S. to Asia alike as an “official” memecoin linked to Republican Donald Trump was issued in early Asian hours Saturday from his verified X and Truth Social accounts.Prices ran from few cents to $14 in less than six hours
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World Liberty Financial, the crypto project backed by the family of U.S. President-elect Donald Trump, plans to acquire tron (TRX) tokens for its treasury, according to a person familiar with the matter.The prospective move would deepen World Liberty Financial's close ties to the Tron empire. Its founder Justin Sun already
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As federal agencies prepare for new executive leadership, an obscure ethics rule threatens to hamstring the incoming Trump administration's ability to develop sound digital asset policy. Legal Advisory 22-04, issued by the Office of Government Ethics in 2022, has flown largely under the radar as part of the Biden administration's restrictive
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CoinDesk’s coverage kicked into high gear this week as crypto readied for a new presidency and a new regulatorily-friendly era.Some highlights:Senior analyst James Van Straten reported on a wave of companies buying bitcoin for their balance sheets, following a model pioneered by MicroStrategy’s Michael Saylor.Markets reporter Krisztian Sandor followed the
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Crypto venture capital (VC) activity remains below the levels seen in previous bull markets despite the recent rally in digital assets, Galaxy Digital (GLXY) said in research report on Wednesday.Total capital allocated to VC funds in 2024 was $11.5 billion, less than in 2023.Galaxy noted that VC activity was highly
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