Author: admin

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 3473.18, down 2.6% (-93.07) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher.Leaders: XRP (-1.6%) and POL (-1.8%).Laggards: AAVE (-10.1%) and BCH (-8.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

GeForce NOW is enhancing the gaming experience for its members with a range of exciting rewards and new game additions. As part of its ongoing commitment to offer more value to its subscribers, GeForce NOW has unveiled a special in-game reward for ‘Borderlands 4’, the addition of 10 new games, and the 1.0 release of ‘Pax Dei’, according to the GeForce NOW Community. Member Rewards and New Game Releases This week, GeForce NOW Ultimate members can enjoy a free reward for ‘Borderlands 4’ as well as the opportunity to enhance their gaming setup with the latest SteelSeries Nimbus Cloud controllers…

Bitcoin has mirrored a familiar bullish setup, completing its weekly CME gap fill between $109,680 and $111,310, a technical milestone that last preceded a major rally in late 2024.The leading cryptocurrency is holding the same higher low structure from which the October 2024 reversal emerged, sparking renewed optimism among traders. Back then, Bitcoin filled its CME gap at $68,785 before launching a two-month run to $108,000. Now, analysts at RektCapital note that a bullish divergence is forming on the daily timeframe, hinting that a similar breakout could propel Bitcoin toward $130,000 before Q4 ends.Bitcoin Market Sentiment Hits 2017 LowsCrypto traders…

Key takeawaysGrayscale has bridged traditional finance and decentralized crypto by launching the first publicly traded staking investment vehicle.Its staking-enabled ETPs allow investors to earn blockchain rewards without running validator nodes or managing complex technical and custody risks.Grayscale’s Ether and Solana ETPs are the first in the US to combine spot crypto exposure with staking rewards, paying yields through the fund’s NAV or direct payouts.These products face operational challenges, such as validator performance issues and liquidity lock-ups, as well as regulatory and centralization risks linked to institutional staking.Wall Street and the crypto world have long operated in separate spaces. While Wall…

Bitfarms (BITF) share price is down 4% pre-market as it announced a proposed offering of $300 million in convertible senior notes due Jan. 15, 2031, with an option for initial purchasers to buy an additional $60 million within 13 days of issuance. The notes, senior unsecured obligations, will pay semi-annual interest from July 15, 2026, and can be converted into cash, common shares, or a mix of both, depending on the company’s choice. Conversion will be restricted before Oct. 15, 2030, subject to certain conditions. Proceeds will be used for general corporate purposes and to fund capped call transactions designed…

Bitcoin’s (BTC) impressive rally to a new all-time high of $126.1k has sharply reversed, impacted by significant macroeconomic stress and a massive $19 billion futures deleveraging event, as reported by [Glassnode]( This deleveraging is one of the largest in history, prompting a reset phase in the market characterized by flushed leverage, cautious sentiment, and a dependency on renewed demand for recovery. Market Dynamics and On-Chain Data The reversal in Bitcoin’s price, which fell below the critical $117k–$114k cost-basis zone, has left many top buyers in loss, revealing underlying market fragility. On-chain data indicates a continued distribution by Long-Term Holders (LTH)…

A Bitcoin wallet linked to Chinese mining pool LuBian has awakened after more than three years of dormancy, transferring nearly $1.3 billion worth of BTC just 24 hours after the U.S. Department of Justice (DOJ) announced one of the largest crypto forfeiture cases in history, which the firm was allegedly linked to.Blockchain analytics firms Lookonchain and Arkham Intelligence tracked the movement of 9,757 BTC, which is worth around $1.1 billion, to several new addresses. Hours later, an additional 2,129 BTC (about $238 million) was transferred, bringing the total to 11,886 BTC, now valued at over $1.3 billion.Source: Arkham Intelligence However,…

The non-fungible token (NFT) market showed early signs of recovery after a steep sell-off wiped out about $1.2 billion in market capitalization during the crypto market crash on Friday. According to CoinGecko data, the sector’s overall valuation fell from $6.2 billion on Friday to $5 billion on Saturday. This erased almost 20%, or about $1.2 billion, in market capitalization for digital collectibles across all blockchain networks. The sector experienced a rapid recovery as crypto markets rebounded. On Sunday, NFTs reached $5.5 billion, marking a 10% gain following the crash. At the time of writing, the overall market cap was almost $5.4 billion.The…

Coinbase has agreed to invest in CoinDCX, one of India’s largest crypto exchanges, in a transaction that remains subject to regulatory approvals and other customary closing conditions, according to statements published Wednesday by Coinbase Chief Business Officer Shan Aggarwal and CoinDCX co-founder and CEO Sumit Gupta.Aggarwal framed the move as a long-term bet on India and the Middle East’s role in the onchain economy, citing population scale, rising tech adoption and a large base of crypto users. He said the commitment builds on earlier support through Coinbase Ventures and aligns with Coinbase’s expanding local operations and partnerships. Aggarwal also highlighted…

In an era where trust in traditional institutions is waning, the evolution of markets into advanced information systems is gaining momentum. This transformation, characterized by the rise of prediction markets and the decentralization of data, offers a new form of credibility, according to a16z crypto editorial. Addressing the Knowledge Problem The concept of markets as information systems is not new. Friedrich Hayek, decades ago, highlighted the ‘knowledge problem,’ where no single planner can access the dispersed, tacit knowledge embedded in individual experiences. The solution, as Hayek proposed, lies in decentralization. Markets leverage prices to compress local knowledge into signals, aligning…