RaveDAO’s RAVE token, a little-known project until last week, has burst onto the scene in dramatic fashion. It is now the third largest cryptocurrency behind bitcoin BTC$70,803.44 and ether (ETH) – not by market value, but by liquidations or forced closure of leveraged futures bets from exchanges. In the past 24 hours, exchanges liquidated $44 […]
Dogecoin is pushing higher again, with volume confirming the move, but it hasn’t cleared the level that really matters yet. The breakout looks constructive, but still early, with price gains rather than fading. News background • DOGE-related investment products saw fresh inflows after weeks of inactivity, signaling renewed institutional interest.• Broader crypto sentiment remains mixed,
Dogecoin gains 3% against 10 cents as ether breakout drives memecoin bets Read More »
Ether (ETH) is pulling ahead of bitcoin in a clear rotation, with capital shifting as bitcoin ETFs see outflows and ether funds and prices move higher. ETH is up about 8% over the past 24 hours versus bitcoin’s roughly 5% gain, according to CoinDesk’s market data, extending its outperformance to about 4 percentage points over
Ether outperforms bitcoin as ETF flows split, Ethereum activity jumps 41% on the week Read More »
Congressmen Steven Horsford (D-Nev.) and Max Miller (R-Ohio) reintroduced their Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields (PARITY) Act late last month, in an effort to update how the US addresses crypto and taxes. Congress will deal with taxes (in general) in the coming months, and crypto may end up being part of
US lawmakers take another go at crypto tax policy with revised bill Read More »
StarkWare is restructuring into two business units and cutting staff as it moves from scaling Ethereum to building its own revenue-generating products — a shift forced by a more than 99% collapse in revenue on its flagship Starknet network. The changes were outlined during a company-wide town hall hosted by CEO Eli Ben-Sasson, where he
StarkWare cuts jobs in reorganization as Starknet revenue drops 99% from peak Read More »
The Bank of Korea is pushing to install stock market-style circuit breakers on the country’s cryptocurrency exchanges, a proposal that would bring crypto under the same trading halt rules used by the Korea Exchange. The recommendation appears in the central bank’s annual Payment and Settlement Systems Report, published on April 13, and calls for automatic
Bank of Korea Calls for Stock-Style Circuit Breakers on BTC Exchanges Read More »
Geopolitical tensions resurfaced after the collapse of Iran-US talks in Pakistan, leading to risk aversion in traditional markets and raising oil prices. However, major cryptocurrencies remain robust, even if questionable market activity in obscure tokens like RAVE and other negative developments create bad optics at an inopportune time. Bitcoin BTC$70,803.44 is down less than 1%
World Liberty Financial, the crypto venture linked to President Trump’s family, created $25 million in new stablecoins on Monday, data show, the same amount it said it had repaid to a lending platform last week, according to CoinDesk’s reporting. The company said Friday it had repaid $15 million on April 9 and another $10 million
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 1974.81, down 2.9% (-59.17) since 16 ET Friday. All 20 assets are trading lower. Leaders: NEAR (+0.0%) and AAVE (-0.1%). Laggards: DOT (-11.5%) and ADA (-6.8%). The CoinDesk 20
the index falls 2.9% as all components trade lower Read More »
Bitmine Immersion Technologies (BMNR) now holds 4.87 million ether worth $10.7 billion and is 81% of the way to its goal of owning 5% of the entire ETH supply, according to a Monday release that also featured chairman Tom Lee calling ether “the wartime store of value.” BMNR shares are lower by 2.25% pre-market along
