The cryptocurrency market is experiencing heightened volatility amid an escalating feud between President Donald Trump and his former head of the Department of Government Efficiency, Elon Musk, over the state of the U.S. economy. Cardano’s ADA ADA has also seen extreme price
This week, I stepped into my role as Blockchain Association CEO at what may be the most consequential moment in crypto’s policymaking history. After years of regulatory uncertainty and punishing enforcement, we have a generational opportunity to establish clear, innovation-friendly rules that
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 3009.79, up 0.7% (+21.73) since 4 p.m. ET on Thursday. Thirteen of 20 assets are trading
U.S. labor market growth continued to modestly slow in May, but not enough to force a rise in the unemployment rate. Nonfarm payrolls grew 139,000 last month, according to the a report Friday from the Bureau of Labor Statistics. Economist forecasts called
Modular blockchain platform IOST has raised $21 million in a strategic funding round to expand the rollout of its real-world asset (RWA) infrastructure across regulated markets, the company said in a press release on Friday. The round was led by institutional investors
President Donald Trump’s media company has registered up to $12 billion in new securities, according to a new S-3 filing. Trump Media and Technology Group (DJT), parent company of social media platform Truth Social, registered with the U.S. Securities and Exchange Commission
Memecoin Shiba inu SHIB has chalked out a 3% recovery from overnight lows under $0.00001200, outperforming bitcoin BTC despite reports of a massive whale transaction. On Thursday, SHIB experienced a significant 7.7% correction, dropping to 0.0000119 before finding strong support at the
Strategy (MSTR), the largest corporate holder of bitcoin BTC, has priced the new preferred stock offering designed to give long-term investors a fixed 10% annual return with no management fees. The firm will sell 11.76 million shares of its 10% Series A
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) and the wider cryptocurrency market recovered from overnight lows, with monero (XMR), XRP and SUI leading the bounce ahead of the pivotal U.S. nonfarm payrolls report, which is expected to show
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC broader outlook is constructive, but its short-term prospects remain bleak, according to technical analysis. The leading cryptocurrency by market value has bounced back to nearly