The crypto bear market has dragged down most major digital assets this year, but HYPE has moved in the opposite direction. Year-to-date, the token is up 23.9%, matching gold’s gain over the same period. The S&P 500 is slightly negative, while bitcoin is down 23.7% and ether more than 33%. The divergence is notable not […]
Inside HYPE’s Bear Market Resilience Read More »
Bitcoin’s latest government clash escalated this week when the first block signal support for a temporary soft fork designed to limit arbitrary, non-monetary data in the blockchain’s transactions was produced by mining pool Ocean. The proposal, formally assigned to BIP-110 after evolving from earlier drafts, aims to reinstate strict limits on transaction output sizes and
Onchain Image Inscription Challenges Data Limiting Proposals Read More »
The Nasdaq exchange wants to list binary options tied to its flagship stock indexes, a move that would let traders place yes-or-no bets on the direction of major stock benchmarks like the Nasdaq-100. In a Monday filing with the US Securities and Exchange Commission (SEC), the exchange said it also plans to offer binary options
Crypto prices are rebounding from their worst weekend levels in early US trading on Monday, along with a significant bounce in US stock indexes. About an hour into the session, the Nasdaq is down just 0.1% after futures at one point overnight indicated a plunge of more than 2%. The S&P 500 and DJIA also
BTC aims for $69,000 as stocks pull back from Iran strikes Read More »
Bitmine Immersion Technologies (BMNR) reported on Monday that it bought nearly 51,000 more ETH tokens last week, increasing its holdings to 4.474 million. “In the midst of this ‘mini-crypto winter,’ our focus remains on methodically executing our financial strategy and steadily acquiring ETH and in turn optimizing the return on our ETH holdings,” said Chairman
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 1907.12, up 0.3% (+5.99) since 16 ET Friday. Eight of the 20 assets are trading higher. Leaders: NEAR (+12.4%) and SOL (+2.1%). Laggards: DOT (-7.3%) and BCH (-4.5%). The
NEAR Protocol (NEAR) jumps 12.4% over the weekend Read More »
Turkey’s ruling AK Party has introduced a sweeping economic bill in parliament that would formalize crypto taxation while revising a number of tax and spending rules. The draft, now submitted to Turkey’s Grand National Assembly, will amend the Income Tax and Expenditure Tax Law to create a new framework for cryptocurrencies, the country’s state news
Turkey’s ruling party unveils proposal for 10% crypto income tax Read More »
South Korean tax authorities lost $4.8 million in seized crypto after showing the relevant wallets’ seed sentences in a photograph covering the February 26 event. The crypto was taken immediately after the National Tax Service (NTS) shared an image containing hardware wallets and their passphrases. The service apologized for the incident, Asia Business Daily reported
South Korea investigates $4.8 million crypto theft after tax seizure photo blunder Read More »
By Omkar Godbole (All times ET unless otherwise noted) The conflict between the US, Israel and Iran remains the biggest story of the day as attacks intensify and spread. Markets reacted as they usually do: by reducing risk and sending oil prices higher. Bitcoin BTC$66,149.51 fell to $66,300, down 0.5% over 24 hours, after hitting
Battered BTC prices could find solace in ‘deterioration’ trade: Crypto Daybook Americas Read More »
Bitcoin BTC$66,343.52 is trading near $66,500 after adding 1.1% since midnight UTC and more than 5% from the weekend low of $63,000. The crypto market is back in the middle of a trading range that has persisted since the start of February, with a volatile last week testing $70,000 to the upside and $62,500 to
