CoinDesk 20 Index Market Update CoinDesk 20 Index Overview The CoinDesk 20 Index saw a decline today, reaching a level of 2684.39, which marks a decrease of 3.9% or 109.08 points since 4 p.m. ET on Monday. Market Movers Out of the 20 assets monitored, only
Market Volatility Intensifies Across Sectors Market Volatility Intensifies Across Sectors In recent weeks, a combination of factors has been unsettling both cryptocurrency and traditional financial markets. One of the primary contributors to the crypto market decline is the collapse of a speculative wave in memecoins. Meanwhile, the broader sentiment among
U.S. Leads Global Innovation The United States: A Beacon of Innovation The United States stands unrivaled in the realm of global innovation, dominating fields such as technology, agriculture, and finance. This esteemed position has been maintained not through imposing values on innovators, but by allowing them the freedom to
BTC
Market Cap of U.S. Bitcoin Miners Declines Bitcoin Miners See Market Cap Dropping Amid Price Decline The total market value of 14 publicly-listed U.S. bitcoin miners observed by JPMorgan witnessed a significant drop of 22% during February. This decline coincided with the adverse shift in bitcoin (BTC) prices,
Israel's Proposal for a Digital Shekel Israel Explores Digital Currency Design The Bank of Israel is considering the potential introduction of a central bank digital currency (CBDC) and has shared a possible design for this futuristic digital currency. A Multipurpose Digital Shekel Details about the proposed digital currency,
Trump's Crypto Reserve Plans Expand Beyond Bitcoin Expansion of U.S. Crypto Reserves Beyond Bitcoin During a conference in Nashville in July, Donald Trump voiced his commitment to establish a national strategic reserve comprised of Bitcoin. However, plans have seemingly advanced, with significant updates coming by early March.
CoreWeave's Ambitious IPO Plans CoreWeave's Bold Move with Upcoming IPO CoreWeave has officially filed for an initial public offering (IPO), aiming to secure $4 billion with a company valuation that exceeds $35 billion. This company, recognized for its close alliance with bitcoin mining entity Core Scientific,
BTC
Significant Rise in Bitcoin Spot Price as BTC Added to U.S. Crypto Reserve Significant Rise in Bitcoin Spot Price On Sunday, Bitcoin's spot price surged by 9.5%, reaching over $94,000 from its previous figure of around $84,100. This uptick followed the announcement by President
Cronos Proposes Restoration of Previously Burned Tokens Cronos Suggests Reintroduction of 70 Billion CRO Tokens The blockchain ecosystem associated with Crypto.com, known as Cronos, has put forth a surprising proposal that has puzzled many in its community. The proposal seeks to reintroduce 70 billion CRO tokens that were destroyed
Massive Crypto ETP Sell-Off Sets Record Record Sell-Off Hits Crypto Exchange-Traded Products Crypto exchange-traded products (ETPs) recently experienced an unprecedented sell-off, marking the largest outflow on record. Investors extracted about $2.9 billion from these funds, as reported by CoinShares on Monday. Shift in Investor Sentiment This significant withdrawal signals
XRP
CoinDesk 20 Market Update CoinDesk 20 Daily Market Update The CoinDesk 20 Index has seen an upward trend recently, reaching 3109.04. This marks an impressive increase of 14.5%, or 393.25 points, since the market's close at 4 p.m. ET on the most recent Friday.
News
Crypto Market Rebound Following Strategic Reserve Announcement Crypto Market Rebounds as Strategic Announcement Sparks Revival The cryptocurrency and equity markets are experiencing a resurgence after a pivotal announcement by Donald Trump regarding a crypto strategic reserve. This has led bitcoin (BTC) to climb back to over $92,000, marking a