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Bitcoin (BTC) and other digital assets have dropped as part of a wider macro-driven sell-off in the market and there is a risk that forced selling could lead to further weakness, investment bank Standard Chartered said in a report on Monday. The
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.
Bitcoin’s (BTC) rapid recovery from below $90,000 since Monday hints at bullish prospects. However, one factor casts doubt on the sustainability of these gains, indicating scope for significant downside volatility if the impending U.S. inflation data comes in hotter-than-expected on Wednesday. That
Crypto derivatives platform Deribit, has received potential acquisition interest, Bloomberg reported on Wednesday, citing sources. The report added that the firm is working with Financial Technology Partners to review the opportunities. Deribit CEO Luuk Strijers told CoinDesk that the options platform had
Crypto prices bounced from Monday’s wipeout with bitcoin (BTC) rising as high as $97,300 on Tuesday as traders eyed the latest batch of U.S. inflation data with more to come tomorrow. The largest crypto’s dip below $90,000 yesterday was quickly bought up
To say that the spot bitcoin exchange traded funds (ETFs) exceeded expectations in their first year on the market is an understatement at best. Instead, it might be more accurate to say that they’ve shocked the industry to its core. “Just how
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
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
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.
The runaway success of Base, the Coinbase-owned Ethereum overlay blockchain designed for faster, cheaper transactions, has prompted the creation of a market linked to the fluctuating cost of the total gas needed to power the network, allowing speculators to bet on recurring