The tone of bitcoin BTC$74,814.15 has been more bullish of late, but the rally from February’s lows has been rather tame, with any attempt to return to $80,000 quickly shot down. However, U.S. stocks continue their remarkable run in light of the Iran war, with the Nasdaq gaining 1.6% for its 11th straight daily advance […]
S&P, Nasdaq hit records as BTC stalls at $75,000, 40% off October peak Read More »
A conservative US political action committee supported by the Solana Policy Institute – the Sentinel Action Fund – has committed to a massive advertising spend on the political opponent of former Senator Sherrod Brown, a Democrat and prominent crypto-skeptic, who is trying to return to Washington in this year’s Ohio Senate election. The Sentinel and
A public spat between Tron founder Justin Sun and a Trump-linked crypto project WLFI$0.08085 escalated on Wednesday after Sun sharply criticized a new government proposal, calling it “one of the most absurd government scams” he has seen. In a lengthy post on X, Sun accused the project of designing a vote that penalizes dissent, where
Tron founder Justin Sun blasts Trump-linked WLFI poll, escalating governance feud Read More »
Bitcoins BTC$74,813.21 Outperformance during the Iran conflict doesn’t fit the standard playbook, and Bitwise CIO Matt Hougan thinks he knows why. The largest cryptocurrency has gained 12% since US and Israeli airstrikes began on February 28, while the S&P 500 is down 1% and gold 10%. For an asset routinely dismissed as a leveraged tech
Bitcoin’s War Rally Forces Rethinking Beyond ‘Digital Gold’ Read More »
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 2058.34, up 0.4% (+9.17) since 4 PM ET Tuesday. Eighteen out of 20 assets are trading higher. Leaders: AAVE (+4.3%) and APT (+3.8%). Backlog: CRO (-0.6%) and SOL (-0.5%).
AAVE is up 4.3% as it trades flat Read More »
The crypto industry’s new political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in support, and it has so far booked $3 million in advertising services through a company co-founded by Tether US CEO Bo Hines. Focusing its support on Republican politicians in congressional and gubernatorial races, the super
Legal & General Asset Management announced on Wednesday that it is placing the more than 50 billion pounds (about $68 million) in liquidity funds it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the Calastone Tokenized Distribution Network,” said Ross McDonald, Liquidity Investment
Asset manager L&G brings its $68 billion money market funds onchain via Calastone Read More »
Tether, the company behind the world’s largest stablecoin USDT USDT$1.0001added another $70 million worth of bitcoin BTC$74,440.57 to its reserves, expanding a stable accumulation strategy linked to its stablecoin business. Blockchain data from Arkham Intelligence shows 951 BTC moved on Wednesday from Bitfinex to a wallet labeled “Tether: BTC Reserve.” The address matches one previously
Tether continues to stack BTC, adding $70M in tokens to the stablecoin reserve Read More »
Network news BITCOIN PROPOSALS THAT COULD FREEZE QUANTUM-RELATED COINS: Bitcoin was built on a promise that no one can touch your coins without your private key. No government, no bank, no one. That promise is now, for the first time in Bitcoin’s 16-year history, being challenged by the developer community itself as part of efforts
Bitcoin proposal that could freeze quantum-related coins Read More »
A leading Bitcoin core developer said he would rather see the estimated 5.6 million bitcoin BTC$74,121.48 he believes to be lost frozen by the network than to risk them falling into the hands of future quantum hackers. Jameson Lopp told CoinDesk that while he doesn’t want to freeze anyone’s bitcoin, it may be safer for
Bitcoin developer says 5.6 million ‘lost’ tokens may need to be frozen to stop hackers Read More »
