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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 4363.76, up 0.3% (+11.08) since 4 p.m. ET on Friday. Five of 20 assets are trading higher.Leaders: BTC (+1.5%) and ETH (+1.3%).Laggards: FIL (-2.5%) and LTC (-2.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury firm led by Fundstrat’s Thomas Lee, continued to buy ether ETH$4,645.91 adding 179,251 tokens to its balance sheet through last week, worth roughly $820 million at current prices.With the latest purchase, the firm’s ETH stash surpassed 2.83 million tokens, more than 2% of the second largest cryptocurrency’s supply, according to a Monday press release.Shares are up 4% premarket alongside the weekend gains in crypto prices.The company said total crypto and cash reserves stand at $13.4 billion, including $456 million in cash, 192 bitcoin BTC$125,094.86, and a stake in Eightco Holdings (ORBS),…

BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’ BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock BitMine Crypto + Cash Holdings + “Moonshots” total $13.4 billion, including 2.83 million ETH Tokens, unencumbered cash of $456 million, and other crypto holdings BitMine is the 28th most traded stock in the US, trading $2.5 billion per day (5-day avg) BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders…

The wave of massive contracts in the artificial intelligence (AI) and high-performance computing (HPC) sector continues, with the latest coming from OpenAI, which has agreed to buy tens of billions of dollars worth of chips from Advanced Micro Devices (AMD). The deal, according to the Financial Times, could also see OpenAI acquire up to a 10% stake in AMD over time. AMD shares surged around 30% currently changing hands at about $225.The chips purchased under this agreement will provide a total computing power capacity of 6 gigawatts (GW). OpenAI executives estimate that 1 GW of capacity costs roughly $50 billion…

Ledn CIO John Glover, who correctly predicted recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market.BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed renewed demand for U.S.-listed spot ETFs amid the ongoing U.S. government shutdown and was likely boosted by pro-stimulus comments from Japan’s newly elected prime minister.However, momentum has stalled over the past 24 hours, with prices retreating to $124,000.According to Glover, BTC’s fate is now anchored to…

By Omkar Godbole (All times ET unless indicated otherwise)Big weekend buzz: Bitcoin BTC$124,522.40 shot up to record highs, and its dominance rate ticked up too, signaling fresh bias toward the top cryptocurrency.But the headline wasn’t just about crypto — Japan’s new prime minister openly backing “Abenomics” was an even bigger deal. That means the world’s three largest economies — the U.S., China, and Japan — are now all leaning toward easing policies. That’s a strong tailwind for asset prices across the board.If that’s not enough to stir excitement, on-chain data shows whales are slowing their coin spending. As Glassnode points…

Grayscale has introduced staking to its ether and solana investment products, becoming the first firm to offer staking through U.S.-listed spot crypto exchange-traded products (ETPs).The update applies to the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF ETH$4,611.48, and Grayscale Solana Trust (GSOL), which were already available to investors.Grayscale’s ETHE has an estimated $4.82 billion in net assets, while its mini trust has $3.31 billion. Its GSOL trust has $122.5 million in assets under management.By adding staking, Grayscale gives investors a way to earn rewards from blockchain networks without directly holding or managing the underlying assets.Staking is central to…

The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report.Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating a post-financial-crisis shift of core banking functions into the non-bank sector, analysts Geoff Kendrick and Madhur Jha wrote.Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets, providing among other things…

With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period.Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add to its 640,000 stack last week — the first time since April that it did not do so.Strategy’s average purchase price across its bitcoin holdings is $73,983 per coin. With bitcoin’s current price around $124,000 those holdings are now valued around $78.7 billion, representing roughly $31.4…

Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in bringing blockchain to credit markets, the broker said in a Monday report.The stock was 2% higher in early trade, around $41.10.Bernstein said Figure is doing for lending what stablecoins did for payments, tokenizing traditional assets to make markets faster and more efficient.With roughly 75% of the $17 billion tokenized private credit market, Figure is the clear frontrunner, according to analysts led by Gautam Chhugani.Figure’s blockchain platform shifts lending from a balance-sheet-heavy model to a capital-light marketplace, giving investors direct access…