Cryptocurrency Analysis and News Portal
As 2024 draws to a close, bitcoin (BTC) is underperforming, counter to its historical performance in a year-end "Santa rally."The largest cryptocurrency generally adds about 2.8% in the 51st week, this week it's on course to slide 11%. And, while it's tended to gain 3% in week 52, in five
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Digital asset custody firm Copper has withdrawn its application to become registered with the U.K.'s financial services regulator, the Financial Conduct Authority (FCA), the company said in a statement on Friday.The company chaired by former U.K. Chancellor of the Exchequer Philip Hammond said the decision to withdraw was part of
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The U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETF) registered record outflows Thursday and the CME futures premium dropped into single digits in a sign of weakening short-term demand.Investors ended a 15-day streak of inflows by withdrawing a net $671.9 million from the 11 ETFs, the largest single-day tally since their
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Bitcoin's (BTC) post-Fed price drop to $96,000 has activated a crucial contrary indicator that has historically marked the end of price pullbacks.On Wednesday, the Fed cut the benchmark borrowing cost as expected but penciled in only two rate cuts for 2025, down from four projected in September. The central bank
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Mo Shaikh, co-founder of Aptos Labs, announced that he's stepping down as CEO of the company.Aptos is a layer-1 blockchain that claims to offer enhanced scalability, security and transaction speeds. The platform leverages a unique blockchain programming language called Move, which was originally created for Facebook’s shuttered "Diem" project.In a
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Over the last few months, AI agents running on crypto rails have captivated the crypto community. Natural memeticists, these agents are becoming social media stars calibrated to thrill, and sometimes enrich, an “audience” of speculators betting on their meme tokens.The original and most famous of them, Truth Terminal, was created
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Every year, my company Emfarsis partners with the Blockchain Game Alliance (BGA) to conduct an industry-wide survey of blockchain gaming professionals. And every year, the overwhelming majority of respondents agree that digital asset ownership is the single biggest benefit that blockchain can bring to games; this year was no different,
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It took a while, but 2024 was the year bitcoin fulfilled a million end-of-year predictions to finally hit $100,000. Uncork the champagne if you like, but I believe bitcoin’s breach of this historic barrier is the harbinger of something even bigger, and that 2025 will be the long-awaited Year of
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El Salvador is in the process of securing a $3.5 billion deal with the International Monetary Fund, but is making some concessions around bitcoin (BTC) to get the funding.Stacey Herbert, director of the Bitcoin Office in El Salvador, posted on Thursday that the government-issued Chivo wallet — launched in 2021
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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 3644.43, down 0.3% (-9.33) since 4 pm ET on Wednesday.Four of 20 assets are trading higher.Leaders: HBAR (+3.1%) and APT (+2.9%).Laggards: AVAX (-3.7%) and ICP
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