By Jacob Joseph (All times ET unless otherwise noted) Even with the CoinDesk 20 Index (CD20) little changed since midnight UTC, crypto markets remain under pressure. All but one member has fallen, and the outlier, bitcoin BTC$67,285.52is less than 0.1% in green. The index has lost 2% in 24 hours, and spot bitcoin exchange-traded fund […]
Societe Generale’s digital asset arm SG-FORGE has implemented its euro stablecoin, EUR CoinVertible, on XRP Ledger, expanding beyond its existing integrations on Ethereum and Solana, as competition heats up in Europe’s regulated stablecoin race. EUR CoinVertible is issued under French digital asset regulations and is backed 1 to 1 by cash deposits or high quality
SocGen uses XRP-linked company to expand euro stablecoin Read More »
Bitcoin’s 14-day Relative Strength Index (RSI) fell below 30 for only the third time in its history this month, according to checkonchain. The RSI is a popular tool for detecting an asset’s momentum by measuring the speed and magnitude of recent price movements and comparing average gains and losses over a set 14-day period. The
Why bitcoin’s rare oversold RSI breakdown signals a long, slow grind ahead Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. CoinDesk 20 is currently trading at 1909.21, down 0.9% (-18.15) since 4 PM ET Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.3%) and BNB (-0.5%). Backlog: ICP (-3.5%) and SUI (-3.0%). The
Bitcoin (BTC) falls 0.3% as all assets fall Read More »
Bitdeer Technologies ( BTDR ) shares fell on Thursday amid plans to raise $300 million through a private sale of convertible senior notes along with a separate registered direct offering of Class A shares. The notes, which mature in 2032, are convertible into cash, stock or a mixture of both at Bitdeer’s option. The underwriter
Bitcoin Miner Drops 17% on Debt Increase and Stock Sale Read More »
World Liberty Financial taps real-world asset specialist Securitize to help tokenize loan interest tied to the Trump International Hotel and Resort in the Maldives. Instead of direct equity in the properties, investors will be able to buy tokens tied to loan proceeds, according to a Wednesday announcement timed for the privately held company’s Mar-A-Lago crypto
Trump-linked crypto-venture WLFI taps Securitize for Maldives resort tokenization Read More »
Limited stablecoin rewards are favored by the White House, and if bankers opt out, they will be included in the next draft of the crypto market structure bill, according to two people familiar with the negotiations. In a Thursday work session aimed at securing common ground on stablecoin rewards between banks and the crypto industry,
White House favors some stablecoin rewards, tells banks it’s time to move Read More »
Anchorage Digital, the first crypto firm to get a US bank charter, wants international banks to replace correspondent banking relationships with a new service offering US-regulated stablecoin rails to non-US institutions. The bank is launching what it calls “Stablecoin Solutions” to allow easy cross-border movement of dollar-pegged assets, combining “coinage and redemption, custody, fiat treasury
Anchorage Digital offers non-US banks a stablecoin stand-in for correspondent banking Read More »
Bitcoin BTC$67,023.82 found its footing on Thursday, stabilizing above a key technical level after briefly slipping below $66,000 in early US trade. The largest cryptocurrency recently changed hands at around $67,000, up around 1% over the past 24 hours. The CoinDesk 20 index lagged with ether (ETH), XRP, BNB, DOGE$0.09811 and solana (SOL) flat to
BTC stabilizes at $67,000 as traders pay for crash protection Read More »
In today’s newsletter, Nassim Alexandre from RockawayX takes us through crypto boxes, what they are, how they work and risk assessment. Then Lucas Kozinski, from Renzo Protocol, answers questions about decentralized finance in Ask an Expert. -Sarah Morton Understanding vaults: what happens beyond the yield Capital flowing into crypto boxes rose to over $6 billion
what happens beyond the dividend Read More »
