Bitcoin rose to $74,935 in Asian hours on Thursday, up 0.7% over 24 hours and 5.4% on the week, as US stocks closed at record highs on reports that the US and Iran had reached an “in-principle” agreement to extend talks beyond next week’s April 7 ceasefire expiration. The S&P 500 ended up 0.8% and […]
About 572 bitcoins worth $42.77 million have been moved from a Gemini hot wallet to wallets owned by Winklevoss Capital and deplunge in the past 24 hours, according to Arkham Intelligence data, the first significant transfers to the fund’s addresses in over a month. The transfers came in two batches. One at 372 BTC and
EToro (ETOR) has agreed to acquire crypto wallet provider Zengo as it brings self-storage tools into its trading platform in a deal said to be valued at around $70 million. The deal pairs eToro’s multi-asset investment network with Zengo’s non-deposit pool, according to an announcement Wednesday. A non-depot wallet allows users to store their own
EToro buys crypto wallet Zengo in $70 million deal to expand self-service services Read More »
The International Monetary Fund’s (IMF) latest macroeconomic warnings paint a picture that could be one of the most consequential and bullish indicators for bitcoin BTC$74,679.62. At the heart of the warning is a steady rise in global public debt, which the IMF has predicted could approach 100% of global gross domestic product (GDP) by 2029
IMF’s global debt warning underscores bitcoin’s (BTC) role in investor portfolios Read More »
Wall Street brokerage Bernstein expects forecast market volumes to reach about $1 trillion by 2030 as the sector evolves from niche betting to broad-based “information markets” spanning sports, crypto, politics and economics. Volumes hit $51 billion last year and are on track to reach about $240 billion by 2026, implying about 80% compound annual growth
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 »
