CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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CoinDesk 20 Index Rises 1% with AVAX and ADA Leading Gains

The CoinDesk 20 Index is currently at 4261.62, reflecting a 1.0% increase (+40.35) since Thursday at 4 p.m. ET. Twelve of the twenty assets are...

BONK Faces Resistance at $0.000026 After Significant Trading Activity

Solana-based meme coin BONK experienced significant volatility in the last 24 hours, characterized by notable institutional trading. Key points...

Hyperbeat Closes $5.2 Million Seed Round Led by ether.fi and Electric Capital

Hyperbeat has secured $5.2 million in an oversubscribed seed round, co-led by ether.fi Ventures and Electric Capital. The funds will enhance yield...

Bitcoin Price Drops After Hitting Record High of $124,000

Bitcoin (BTC) approached a record high of $124,000 before dropping to close at $117,600 due to disappointing U.S. PPI inflation data and...

Bitcoin Achieves Highest Sharpe Ratio Among Major Assets at 2.15

Key Insights on Bitcoin and MSTR Bitcoin's Sharpe ratio is 2.15, the highest among major assets, indicating strong risk-adjusted returns. MSTR...

Circle Plans Secondary Offering of 10 Million Shares at $130 Each

Circle (CRCL) plans a secondary stock sale of 10 million shares at $130 each, significantly higher than the initial public offering price of $31 in...

Hong Kong Regulator Implements New Custody Requirements for Crypto Exchanges

Hong Kong's Securities and Futures Commission (SFC) introduced new custody requirements for licensed crypto exchanges to enhance client asset...

Altcoin Season Expected to Start in September, Says Coinbase Institutional

Coinbase Institutional's monthly outlook suggests an impending altcoin season, forecasting a market shift from bitcoin to alternative...

Over $1 Billion in Leveraged Positions Liquidated Amid Crypto Market Sell-Off

Crypto markets experienced over $1 billion in leveraged position liquidations within 24 hours, driven by higher-than-expected U.S. Producer Price...

XRP Drops 7% Amid $1 Billion Market Liquidations

XRP experienced a significant decline in the past 24 hours, hitting its lowest levels in over a week amid massive liquidations across the market....

ETH Experiences 3% Dip Amid Early Signs of Profit-Taking

Market Overview As Hong Kong starts trading, ETH is priced above $4600, down 3% on the day but up nearly 16% in the past week and 45% over...

Scott Bessent Indicates Potential for Government Bitcoin Acquisitions

Treasury Secretary Scott Bessent announced that the Strategic Bitcoin Reserve will consist of $15 billion to $20 billion already held by the...

Wall Street and Consumer Advocates Urge Revisions to GENIUS Act

U.S. bankers are challenging provisions of the newly signed stablecoin law, known as the GENIUS Act, which is seen as a step towards regulating the...

U.S. Treasury Sanctions Crypto Network Linked to Garantex and A7A5 Token

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has sanctioned a network linked to the Russian crypto exchange Garantex and the...

Polygon's POL Token Drops 6% Following U.S. Inflation Report

Polygon's POL token declined 6% on Thursday, breaking through key support levels amid rising U.S. inflation data. Key points: POL...
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