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Ether (ETH), the second largest cryptocurrency by market capitalization, recently sunk to its weakest price compared to bitcoin (BTC) since late 2020 in a trade war-fueled panic crash, but a relief bounce might be on the horizon. “ETH looks to be trying
When confronted by members of the Senate Banking Committee about concerns over the “debanking” trend plaguing the crypto industry, Federal Reserve Chairman Jerome Powell said he’s also worried about it and is already tweaking internal supervision policies at the Fed. “I too,
Major action in crypto in 2024’s final three months is expected to show up in the results of trading app Robinhood (HOOD). A surge in user activity leading up to and then following the election of Donald Trump in November has analysts
The launch of Unichain, Uniswap’s long-awaited layer-2 network, has seen the price of the decentralized exchange’s governance token UNI rise by around 4.5% to around $9.7 and led to a significant increase in social activity and sentiment. UNI’s price benefitted from the
When it comes to trading memecoins, time is money — and waiting on a centralized exchange (CEX) could cost you both. Take $TRUMP, for example. On Jan. 17, 2025, just before his inauguration, Donald Trump launched his memecoin on Solana, which surged
The developers behind Lido, the largest staking service on Ethereum, have proposed revamping the staking platform with modular “vaults.” The new framework would introduce stVaults, a customizable component designed to help Lido accommodate institutions and more complex staking strategies. Lido currently allows
Crypto ecosystem growth slowed in January, with total trading volume dropping 24%, Wall Street bank JPMorgan (JPM) said in a research report Tuesday citing TradingView data. Still, the activity is double the level before the U.S. election in November and the total
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 3237.73, up 0.8% (+26.27) since 4 p.m. ET on Monday. Fifteen of 20 assets are trading
Uniswap Labs, the primary developer behind one of the largest decentralized exchanges (DEX), Uniswap, shared Tuesday that its long-awaited layer-2 network, Unichain, is now live. Powered by Optimism’s OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum’s
A new investment vehicle, the KvarnPortugal Fund, is set to allow investors a way to gain exposure to the cryptocurrency sector while also presenting a potential pathway to Portuguese residency or citizenship. The fund is the result of a partnership between Fundbox,