CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
CoinDesk 20 Index Falls 1.2% as Chainlink Drops 4.3%
The CoinDesk 20 Index is currently at 4076.62, reflecting a decline of 1.2% (-51.06) since Monday at 4 p.m. ET.
Highlights:
One asset is trading...
12 0
KindlyMD Acquires 5,743.91 BTC for $679 Million
KindlyMD, Inc. (NAKA) acquired 5,743.91 BTC through its subsidiary Nakamoto Holdings, increasing total holdings to 5,764.91 BTC.
Purchase...
16 0
Crypto Bull Market Expected to Peak in 2027, Says Bernstein
Bernstein projects an extended crypto bull market, potentially peaking in 2027. Key points include:
Robinhood's price target increased to $160 from...
6 0
Polkadot Introduces Capital Group to Connect Traditional Finance and Web3
Polkadot is launching Polkadot Capital Group, aimed at connecting traditional finance with Web3 infrastructure. Key points include:
The initiative...
10 0
Crypto Prices Stabilize as Derivatives Indicate Unwinding of Long Positions
Major cryptocurrencies exhibited little movement amid stable U.S. stock index futures, despite positive outcomes from the meeting involving European...
9 2
1 Million Contracts of $4 XRP Call Options Traded Despite Price Decline
XRP call options at the $4 strike have seen significant trading activity this week, despite a price decline.
One million contracts of the $4 call...
9 1
Wyoming Launches U.S. Dollar Stablecoin Frontier Token on Multiple Blockchains
Wyoming has launched the mainnet for its Frontier Stable Token (FRNT), claiming it as the first fully-reserved stablecoin issued by a public entity...
7 0
Bitcoin Faces Pressure as Fresh Demand Emerges in Market
Bitcoin (BTC) is currently under pressure, having breached its bullish trendline from April, with support around $114,600. Fresh demand is emerging...
Tassat Appoints Glen Sussman as CEO to Drive Institutional Growth
Tassat Group appointed Glen Sussman as CEO, replacing Zain Saidin, who will remain on the board as a senior adviser. Sussman joined Tassat in 2021...
8 1
Tether Appoints Bo Hines as Strategic Advisor for U.S. Market Entry
Tether has appointed Bo Hines as a strategic advisor for its U.S. strategy. Hines previously served as executive director of the White House Crypto...
13 0
All Bitcoin Wallet Cohorts Enter Distribution Mode, Glassnode Reports
Current data from Glassnode indicates a shift in Bitcoin (BTC) sentiment across all wallet cohorts, now in distribution mode.
The Accumulation...
7 0
U.K. 30-Year Government Bond Yield Surges to 5.61% Above U.S.
The U.K. faces heightened fiscal concerns as long-term government bond yields have surpassed U.S. yields for the first time this century.
The...
14 0
Bitlayer Launches YBTC on Solana with Kamino Finance and Orca Partnership
Bitlayer, a bitcoin DeFi infrastructure project, has partnered with Kamino Finance and Orca to introduce its bitcoin-backed token, YBTC, to the...
27 1
New U.S. Nonprofit AIP Launches to Educate Crypto Policymakers
The American Innovation Project (AIP) has launched as a nonprofit 501(c)(3) organization focused on educating U.S. lawmakers on crypto policy,...
9 0
Ripple Provides $75 Million Credit Line to Gemini Amid IPO Plans
Gemini's IPO filing has highlighted its financial struggles and its relationship with Ripple. Key points include:
Gemini reported a net loss of...
