Global economic uncertainties and escalating trade tensions are creating ripple effects throughout cryptocurrency markets, with Dogecoin demonstrating remarkable resilience amid the turbulence. After experiencing a sharp 21.2% correction that saw prices tumble from $0.165 to $0.130, DOGE has staged a significant recovery,
In early January, after Prime Minister Justin Trudeau announced he was stepping down, all polls pointed to political upheaval in Canada should an election be called. Now, it looks to be an unprecedented fourth term for the Liberal Party, led by former
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 2372.84, down 1.4% (-32.6) since 4 p.m. ET on Wednesday. Two of the 20 assets are
Decentralized finance (DeFi) protocol Umoja has released a product that allows Coinbase wrapped BTC (cbBTC) token holders to earn a 6% yield on layer-2 network Base. Umoja achieves its yield by tapping into a range of centralized and decentralized exchange strategies including
Inflation in the U.S. actually declined at the headline level and the core rate barely rose, possibly reigniting debate about whether the Federal Reserve would resume trimming rates at its next meeting in May. The Consumer Price Index (CPI) fell 0.1% in
Bitcoin (BTC) project Babylon has launched its layer-1 blockchain “Genesis” as it moves to the next stage of building its staking protocol which has already drawn over $4 billion in total-value locked (TVL). Babylon allows BTC holders to earn yield on their
Tariffs and trade tensions could ultimately be positive for bitcoin (BTC) adoption in the medium term, asset manager Grayscale said in a research report Wednesday. Higher tariffs result in stagflation— stagnant economic growth coupled with inflation — which is negative for traditional
Nikhil Rathi, has been re-appointed as the Chief Executive Officer of UK’s financial regulator, Financial Conduct Authority (FCA). Rathi is the first FCA CEO to be granted another five years by the Treasury and will now have more time to execute his
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market consolidated on Wednesday’s tariff pause-spurred price bounce with memecoins, AI and DeFi tokens standing out as the best-performing crypto sub-sectors. Coins including HYPE, HBAR and SHIB led the recovery. Bullish
Ether (ETH) fell to a two-year low of $1,412 this week and the volatility appears to have been too much for one long-time holder, who sold of the majority of their stash acquired at around $8 in 2016. On-chain data shows that