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Stablecoins are playing an increasingly important role in both crypto markets and traditional finance, according to a Friday report by Wall Street giant Citigroup. As stablecoin usage grows, so does their demand for short-term U.S. Treasuries, although substitution from money market funds
The native token of Livepeer LPT, a decentralized artificial intelligence video processing protocol, soared on Friday to its strongest price in four months on exchange listing and other catalyst. The token advanced 150% over the past 24 hours, hitting a session high
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 3130.42, down 1.7% (-54.58) since 4 p.m. ET on Thursday. One of 20 assets are trading
Bitcoin BTC mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure. The adjustment is likely to finalize within the next 100 blocks,
Stellar’s native token XLM fell along with the broader market in the past 24 hours, with large volumes occurring at the turn of the day. The decline happened even as Rain, the global card issuing platform powered by stablecoins, announced Thursday support
Payments firm Stripe held early discussions with banks about integrating stablecoins into their core service as digital tokens are gaining traction for global payments, co-founder and president John Collison said in an interview with Bloomberg. “Banks are very interested in how they
Early Thursday, CoinDesk reported bullish-to-neutral shift in sentiment in the options market tied to BlackRock’s spot bitcoin exchange-traded fund (ETF). But by the end of the day, the situation worsened further, with sentiment turning slightly bearish. The one-year put-call skew, which reflects
XRP XRP took a sharp hit overnight, shedding more than 6% in a high-volume correction that left traders on edge amid mounting global economic uncertainties. The drop — from $2.305 to a low of $2.163 — came as the cryptocurrency market reeled
Bitcoin Cash BCH tumbled more than 4% in the past 24 hours, rattled by a midnight selloff that saw volume spike to 35,649 units and price action plunge below key resistance levels. The decline — from $422.48 to a low of $403.83
Dogecoin DOGE, the popular meme cryptocurrency, endured a rough night as it plunged over 10% in a sudden sell-off that rattled markets. The drop — from $0.226 to $0.202 — occurred around midnight, coinciding with a surge in trading volume to 1.18