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Elroy Cheo, co-founder and architect of influential Web3 collective ARC, is on a mission to redefine the dynamics of digital communities. Cheo and fellow entrepreneur Kiat Lim, the son of billionaire businessman Peter Lim, have made ARC into a hub for collaboration for the global Asian diaspora, enabling members to
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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 3607.26, up 3.6% (+125.91) since 4 p.m. ET on Tuesday.All 20 assets are trading higher.Leaders: XLM (+9.8%) and HBAR (+7.0%).Laggards: ETC (+0.8%) and POL (+1.3%).The
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While headline inflation came in faster than hoped in December, investors for the moment are in buy mode after an unexpected decline in the year-over-year core rate.The closely-watched Consumer Price Index (CPI) increased 0.4% in December, slightly higher than analyst consensus and the previous month's 0.3%. On a year-over-year basis,
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By Omkar Godbole (All times ET unless indicated otherwise)The market is about to be hit with the first big U.S. economic event of 2025: December CPI data. With hawkish Fed fears in the air and bitcoin strengthening its correlation with tech stocks, Wednesday's report becomes even more significant for the
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Bitcoin (BTC) adoption by U.S.-listed public companies continues in full steam.The latest purchase comes from NYSE-listed Genius Group (GNS). On Jan. 10, GNS reported increasing its bitcoin holding to $35 million, which was ahead of its scheduled target of $120 million. In the process, it acquired 372 BTC at an
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Hashed's Simon Kim believes the future of artificial intelligence hinges on a radical shift: breaking open the black box of centralized models like OpenAI and building a decentralized, transparent ecosystem powered by blockchain.For Kim, CEO of South Korea’s leading crypto VC fund, the urgency is clear. AI's unchecked centralization threatens
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Prediction market platforms Polymarket and Kalshi spend a lot of time and money convincing regulators they’re not gambling.Outside of the U.S. authorities are viewing prediction markets as synonymous with gambling. Taiwan, France, and now Singapore have all made moves to block users from accessing Polymarket at the ISP level, calling
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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 3447.59, up 4.2% (+139.62) since 4 p.m. ET on Monday.All 20 assets are trading higher.Leaders: APT (+6.8%) and FIL (+6.8%).Laggards: XLM (+1.4%) and DOT (+2.7%).The
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The consolidation between $90,000 and $100,000 for bitcoin (BTC), continues to play with investor sentiment, swinging from fear to greed.On Monday, bitcoin fell below $90,000, while it is above $96,500 on Tuesday, up over 8% . Bitcoin bull Tom Lee, head of research at Fundstrat, told CNBC on Monday that
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Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy's largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a Reuters report.Reuters saw an internal message that said, "As of today, Jan. 13, 2025, Intesa Sanpaolo owns 11 bitcoins".Intesa Sanpaolo
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