Bank of America’s market outlook for 2026 paints a picture of strong global growth, led by AI investment, but warns that volatility could increase as investors begin to understand the technology’s full impact on the economy. The bank’s global research team expects US GDP to grow by 2.4% year-on-year by the end of 2026, above […]
AI to continue to lead growth Read More »
Amazon is stepping deeper into the AI arms race with the release of the Trainium 3, a chip designed to compete with Nvidia’s dominant GPU hardware. Available through Amazon Web Services (AWS), the new chips promise a fourfold increase in training speed over the previous version while maintaining the same energy footprint. The move will
American Bitcoin Corp. (ABTC), a US-focused bitcoin mining and finance company founded by Eric Trump and Donald Trump Jr., saw its shares drop as much as 50% on Tuesday. The decline came despite bitcoin rising above $91,000 and gains for nearly all crypto-related stocks. According to Nasdaq data, trading volume rose to 55 million shares,
ABTC shares fall Tuesday, even as market gains Read More »
Pair traders looking for an edge might want to focus on a little-known gauge tied to bitcoin BTC$91,619.86 and the S&P 500. This gauge is the spread between Volmex’s BVIV – the 30-day implied volatility index for BTC – and its S&P 500 counterpart, the VIX index. The spread has begun to widen again, suggesting
Bitcoin Volatility Premium Over Wall Street’s Fear Index (VIX) Rises Read More »
DOT$2.2854 up 13% to $2.26 over the past 24 hours as volume increased. The token opened at $1.99 and created a steady uptrend throughout the 24-hour period, establishing clear technical dominance over broader cryptocurrency markets, according to CoinDesk Research’s technical analysis model. Volume patterns confirmed genuine institutional interest rather than retail speculation, the model said.
Polkadot rises 13% after breaking above key resistance Read More »
Solana bulls have hit the pause button after lighting up the market in November with millions pumped into the US-listed spot exchange-traded funds (ETF). These spot ETFs recorded a cumulative outflow of $8.10 million on Friday, the first time since their inception on Oct. 28, according to data source SoSoValue. Buyers returned on Friday, pumping
Kalshi, a US-based prediction marketplace, has closed its $1 billion funding round, pushing its valuation to around $11 billion, according to a press release. The latest round was led by Paradigm, with participation from veteran venture capital firms including Sequoia Capital and CapitalG, Alphabet’s growth equity arm. News of the raise broke last month when
BNP Paribas, France’s largest bank by assets, said on Tuesday it is joining nine other European banks in a joint venture focused on issuing a stablecoin as traditional financial firms chase the fast-growing digital asset class. The bank joins an Amsterdam-based initiative called Qivalis, which is backed by lenders including ING, UniCredit and CaixaBank. The
BNP Paribas Joins EU Bank Stablecoin Venture Qivalis 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 2768.6, up 2.7% (+73.06) since 4 PM ET Monday. Nineteen out of 20 assets are trading higher. Leaders: NEAR (+8.2%) and CRO (+7.6%). Lagging behind: ICP (-0.6%) and UNI
NEAR Protocol (NEAR) is up 8.2% as the index rises Read More »
TON rose 0.77% in 24 hours to $1.5029 as trading activity intensified following the introduction of Cocoon, a decentralized AI computing platform built on The Open Network. Volume rose to 2.95 million, marking a 37% increase from the weekly average, according to CoinDesk Research’s technical analysis data model. The price action comes as Cocoon begins
Toncoin (TON) rises to $1.50 as Cocoon launch brings a surge in trading volume Read More »
