Bitcoin recovers to $65,000 amid bid buying, Wall St wins
Bitcoin recovers to $65,000 amid bid buying, Wall St wins
Bitcoin recovers to $65,000 amid bid buying, Wall St wins Read More »
Anchorage Digital holds Strategy holds bitcoin holder Strategy’s preferred stock
Anchorage Digital, the first crypto firm to secure a US bank charter, said on Wednesday that its holding of a perpetual preferred stock in bitcoin tax firm Strategy on its balance sheet. Anchorage CEO Nathan McCauley called it “conviction compounding.” “Institutions don’t just talk about Bitcoin, they structure around it. When the company that operationalized
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DOGE jumps 5% when breakout turns resistance into support
Dogecoin pushed higher on excessive volume after repeatedly testing resistance, turning a key ceiling into support and setting up a short-term test of the next supply zone. News background DOGE advanced alongside a stabilizing broader crypto market, with buyers stepping in after several sessions of tight consolidation. The move was not driven by token-specific headlines,
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BTC zooms above $65,000 as bullish ‘double bottom’ hopes build
Bitcoin BTC$63,304.16 regained $65,400 early Wednesday as a weaker US dollar and a risk-on tone across Asian stocks gave crypto markets their first clean bounce in weeks. The broader crypto market capitalization had fallen to $2.19 trillion earlier in the week, virtually retesting the lows hit during the February 5 crash. That closeness is what
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Over 400,000 BTC bought between $60k and $70k during BTC’s recent downturn
More than 400,000 BTC have been accumulated between $60,000 and $70,000 during bitcoin’s recent slump, underscoring aggressive dip buying as the market pulled back sharply, according to Glassnode data. Supply in the $60,000 to $70,000 band has increased from about 997,000 BTC on January 1 to about 1.43 million BTC today, an increase of approximately
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Canton promotes cross-border repos to free up $300 trillion in assets
A group of global financial firms completed the first cross-border intraday repurchase agreement using tokenized UK government bonds on the Canton Network, a blockchain designed for institutions. The transaction marks the first time digital versions of gilts, a $2-trillion market, have been used in a cross-border intraday repo, according to a release shared with CoinDesk.
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Coin base trading stocks, ETFs as it expands product line beyond crypto
Coinbase (COIN) opened up stock and exchange-traded funds (ETF) to all US customers, expanding beyond digital assets as part of its plan to become an “everything exchange.” The rollout allows users to buy and sell US-listed stocks and ETFs on the same platform they use for crypto. Trading takes place 24 hours a day, five
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MoonPay Unveils AI Onramp for Brave New Agent Economy
Cryptocurrency payments firm MoonPay has introduced a non-custodial financial layer that gives AI agents access to wallets, funds and the ability to transact autonomously, the company said on Tuesday. MoonPay Agents, as the new service is called, requires a user to verify and fund their agent’s wallet through MoonPay, and then the agent can take
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the index falls 2% as almost all constituents fall
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 1816.14, down 2.0% (-36.33) since 4 PM ET Monday. One in 20 assets is trading higher. Leaders: ICP (+1.2%) and NEAR (-0.3%). Laggards: BCH (-4.2%) and SUI (-2.5%). The
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Mark Zuckerberg’s Meta plans stablecoin comeback in second half amid US regulatory change
Meta, the US tech giant led by Facebook creator Mark Zuckerberg, aims to enter the stablecoin space later this year, pending successful integration with a third-party firm to facilitate payments using the dollar-pegged token technology, according to three people familiar with the plans. The tech giant, which owns Facebook, WhatsApp and Instagram and has more