A crypto wallet that had been dormant for five months awoke on Thursday to accumulate more than $7 million worth of TRUMP tokens as the US president-linked memecoin’s official team announced a second gala event for top holders — sending the token surging more than 60% from its all-time low. Onchain data from Arkham Intelligence […]
Billionaire investor Stanley Druckenmiller said stablecoins could underpin global payment systems within the next decade or two, while reiterating his long-held skepticism about much of the broader cryptocurrency market. “I assume our entire payment systems will be stablecoins in 10 or 15 years,” he said in an interview Morgan Stanley published Thursday. The fiat-linked tokens
Stanley Druckenmiller says stablecoins could power global payments in 10-15 years Read More »
Bitcoin BTC$72,835.62 adding to overnight gains in early US trading on Friday, continuing to show strong relative price action after months of underperformance for assets such as stocks and precious metals. Trading at $73,800, bitcoin is higher by nearly 5% over the past 24 hours, with most of those gains coming after U.S. Treasury Secretary
BTC is approaching a one-month high of $74,000 Read More »
The US Treasury Department imposed sanctions on six individuals and two companies it says helped North Korea convert $800 million in 2024 into crypto to launder the money and fund its weapons of mass destruction (WMD) programs. Treasury’s Office of Foreign Assets Control (OFAC) said Thursday that the operation placed IT workers in foreign companies
US sanctions network that allegedly laundered $800 million in crypto to North Korea 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 2077.68, up 3.7% (+74.61) since 4 PM ET Thursday. All 20 assets are trading higher. Leaders: SUI (+6.7%) and ADA (+5.8%). Backlog: ICP (+0.2%) and NEAR (+0.7%). The CoinDesk
the index jumps 3.7% as all constituents climb higher Read More »
By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$72,268.80 appears to be taking on bullish momentum, with volatility expected to increase as prices approach a $3 billion trigger point. The leading cryptocurrency by market capitalization climbed through $72,100 during European hours, the broadly tracked average price over the past 50 days. According to
BTC Price Builds Steam, $3 Billion Trigger Could Set It Off: Crypto Diary Americas Read More »
Bitcoin BTC$71,859.13 rose to $72,000 during European hours on Friday, up 2% since midnight UTC and outpacing gains in US stock indexes. Futures on the Nasdaq 100 and S&P 500 index fell in Asian hours before recovering. Both are now in the green. The US Dollar Index (DXY), meanwhile, broke above 100, a move that
Bitcoin tops $72,000 as crypto rallies despite stronger dollar: Crypto Markets Today Read More »
Bitcoin BTC$71,853.46 rose above $71,500 on Friday, outperforming U.S. stocks even as the dollar strengthened and oil prices remained high as the war with Iran entered its third week. A stronger dollar can tighten global financial conditions and often weighs on risk assets such as stocks and cryptocurrencies. Higher oil prices – both Brent crude
Many see bitcoin BTC$71,329.00 as a safe haven and a valuable asset, like gold. But some currency traders treat it as a leading indicator of broader market sentiment, and they’ve been proven right again: Before finding stability near $70,000 recently, bitcoin plunged sharply, a sign of the ongoing global stock market swoon. Bitcoin’s price peaked
Bitcoin’s early crash to $60,000 now looks like a warning for stocks Read More »
BlackRock’s new hedged ether (ETH) exchange-traded fund got off to a solid start Friday, pulling in more than $15 million in trading volume on its first day as Wall Street begins experimenting with yield-generating crypto ETFs. The iShares Staked Ethereum Trust, which trades under the ticker ETHB, launched with just over $100 million in assets
BlackRock’s staked ether ETF draws $15 million in first-day trading Read More »
