Cryptocurrency Analysis and News Portal
The dead internet theory may not be in full swing just yet, but AI agents have already taken over much of Crypto Twitter.Reply bots on X are populating posts on nearly everything, using artificial intelligence models to increase reach and blockchains to settle micro transactions or record data.These bots are
Read More
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 3254.32, down 1.8% (-60.38) since 4 p.m. on Friday.Three of 20 assets are trading higher.Leaders: SOL (+2.5%) and APT (+0.8%).Laggards: XLM (-6.6%) and LINK (-6.2%).The
Read More
The U.S. is likely to hit the maximum it's legally allowed to borrow at some point between Jan. 14 and Jan. 23, Treasury Secretary Janet Yellen said in a Friday letter to the speaker of the House of Representatives, Mike Johnson. After that, the Treasury will take "extraordinary measures" to
Read More
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 3333.82, down 5.0% (-176.57) since 4 pm ET on Wednesday.None of the 20 assets are trading higher.Leaders: ETH (-3.7%) and BTC (-3.7%).Laggards: HBAR (-8.2%) and
Read More
The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk's Most Influential 2024, was compromised and used to promote a fictitious token, the company said in a post on the social media platform.Animoca, a metaverse and gaming venture capital firm, posted a warning on its own account at
Read More
One of the most significant emerging trends of 2024 has been the interplay between artificial intelligence (AI) and the crypto ecosystem. Historically this has primarily been on the infrastructure side, affecting various layers of the stack such as decentralized compute, storage and model training and inference. However, the last few
Read More
In financial markets, the best entry opportunity is often fleeting and easily missed. Now, Solana's SOL is flashing a timely second chance for those looking to trade bullish breakouts.The SOL price has surged over 7% this week to $193, rebounding off a former resistance-turned-support identified by the trendline connecting highs
Read More
The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, Tass reported.The ban, which includes participation in a mining pool and temporary restrictions in other regions during periods of peak demand, takes effect Jan. 1 and ends March 15, 2031,
Read More
Traders expect bitcoin (BTC) choppiness to continue with a possible rotation to altcoins, as a major options expiry weighs on market dynamics in the festive week ahead.“All eyes are on the massive expiry this Friday, where almost $20B notional across BTC and ETH options will expire,” Singapore-based QCP Capital said
Read More
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. In this week’s issue of the Protocol newsletter:Trump’s crypto teamAptos' leadership shake-upTikTok meets tokensKraken scales upThis article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto,
Read More