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The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin (BTC) bull run. The Chinese yuan (CNY) fell to 3.22 per U.S. dollar early Tuesday, reaching the lowest
FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and FTX employees. FTX EU, which held a MiFID II-license under the Cyprus Securities
A return to markets after the holidays and anticipation of Donald Trump’s inauguration as U.S. president is building bullish sentiment for bitcoin and the broader crypto market. The asset is up 10% in the past week, retaking the $102,000 level late Monday
Bitcoin (BTC), the leading cryptocurrency by market value, surged 121% last year to cross the six-figure mark, outshining traditional assets. However, this performance falls short in comparison to Pythagoras Investment Management’s Alpha Long Biased Strategy, which pushed the envelope even further. The
Five years after COVID-19 sparked a global remote-work revolution, the pendulum seems to be swinging back. Some of the very companies that once embraced remote work, like Amazon and X (formerly Twitter) are now asking employees to return to the office. For
Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier, if a successor is confirmed — according to a Monday announcement from the Federal Reserve. Barr will continue to serve as
Canadian Prime Minister Justin Trudeau’s announcement on Monday that he’s stepping down could clear a path for a less crypto-resistant government there, though the provincial governments have a leading role in determining Canada’s digital assets future. “I intend to resign as party
Bitcoin’s (BTC) price is back in the six-digit territory as the largest cryptocurrency extended its early 2025 bounce on Monday. BTC advanced towards $100,000 earlier during the trading session, then broke sharply above the threshold, rising 2.5% in an hour as traditional
Yat Siu has seen a lot in his decade of investing in crypto as a venture capitalist. The Hong Kong-based venture studio and game developer Siu co-founded, Animoca Brands, has grown to be one of the most powerful names in Web3 culture,
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 3671.0, down 0.2% (-6.46) since 4 p.m. ET last Friday. 10 of 20 assets are trading