CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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JPMorgan Initiates Coverage of Circle with Underweight Rating and $80 Target
JPMorgan (JPM) began coverage of stablecoin issuer Circle (CRCL) with an underweight rating and a price target of $80. Despite this, shares rose by...
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Financial Advisor Ric Edelman Recommends 40% Wealth Allocation to Crypto
Financial advisor Ric Edelman recommends investors allocate up to 40% of their wealth to cryptocurrency, reflecting its evolution as an asset...
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BitMine Raises $250 Million for Ether Treasury, Stock Triples
BitMine Immersion Technologies (BMNR) has raised $250 million through a private placement of common stock to establish an ether (ETH) treasury. The...
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CoinDesk 20 Index Rises 2.5% with Filecoin Up 7.3%
CoinDesk Indices reports the following market update for the CoinDesk 20 Index:
Current CoinDesk 20 value: 3017.9, up 2.5% (+75.0) since...
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Eightcap Launches CoinDesk 20 CFD for Retail Traders
Eightcap has launched a contract for difference (CFD) based on the CoinDesk 20 Index (CD20), which tracks major digital assets. Key details...
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Metaplanet Receives Buy Rating from Benchmark with ¥2,400 Price Target
Analyst Mark Palmer initiated coverage of Metaplanet (3350.T) with a buy rating and a target price of ¥2,400. This reflects a potential upside of...
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Strategy Acquires 4,980 Bitcoin, Total Holdings Reach 597,235 Coins
Strategy (MSTR) increased its bitcoin (BTC) reserves by acquiring 4,980 BTC for $531.9 million last week.
Total bitcoin holdings now stand at...
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Spanish Police Arrest Five in $540 Million Crypto Fraud Case
Spanish police arrested five individuals linked to a crypto fraud scheme that laundered 460 million euros ($540 million) from over 5,000 victims....
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Bitcoin-Gold Price Ratio Surges Over 10% Amid Bullish Flag Breakout
Bitcoin (BTC) Outperforms Gold (XAU)
The BTC to gold price ratio increased by over 10% to 33.33 last week.
This marks the best performance...
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Bitcoin Volatility Metrics Drop as Traders Anticipate Market Movement
Bitcoin (BTC) remains stable above $100,000 amid ETF inflows and long-term holder selling, leading to decreased volatility metrics. The 30-day...
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Backed Finance Launches Tokenized Stock Offering on Bybit and Kraken
Backed Finance is launching a tokenized stock offering on major crypto exchanges, integrating traditional equities such as Apple, Amazon, and...
Bank of Korea Suspends CBDC Project Amid Stablecoin Bill Submission
The Bank of Korea (BOK) has suspended its central bank digital currency (CBDC) project, halting discussions with participating banks. The initiative...
Bitcoin Selling Pressure from Long-Term Holders Not Market Suppression
Bitcoin (BTC) has remained above $100,000 since early May, with a brief drop below this threshold on June 22 amid rising tensions between Iran and...
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Malta's MiCA Fast-Track Licenses Raise Regulatory Oversight Concerns
Malta is emerging as a key European hub for crypto firms such as OKX and Crypto.com, following the implementation of the Markets in Crypto Assets...
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The Blockchain Group Acquires 60 BTC, Raising Total Holdings to 1,788 BTC
The Blockchain Group (ALTBG) announced strategic measures to enhance its bitcoin treasury and capital structure.
Acquired 60 BTC for approximately...
