CoinDesk 20 performance update: index jumps 3.7% as all constituents climb higher
Sui (SUI) gained 6.7% and Cardano (ADA) rose 5.8%, leading the index higher.
Pi Network (PI) Price Explosion, Ripple (XRP) Set for a Huge Move, and More: Bits Recap March 13
Pi Network and its native cryptocurrency have been the talk of the town lately after the Core Team announced a series of important upgrades, while PI’s price soared to a five-month peak. Ripple’s XRP appears to be gearing up for a major move, while Shiba Inu (SHIB) nears a breaking point that has historically resulted […]
Bitcoin surges over $72k to outperform gold and stocks since Iran strikes, but one brutal sell wall is looming
Bitcoin has outperformed gold, silver, and major US equity indexes since the US-Israeli attack on Iran began, recovering to over $72,000 even as oil surged above $100 a barrel and traders cut expectations for near-term Federal Reserve easing. According to CryptoSlate data, Bitcoin is up 7.3% since the conflict began and even rallied to a […]
Vitalik Buterin recounts how shiba inu tokens became a $1 billion AI policy war chest
The Ethereum co-founder said he expected the Future of Life Institute to cash out $10-25 million from his 2021 meme coin donation. It liquidated roughly $500 million and pivoted to political advocacy he worries could lead to “authoritarian” outcomes.
AAVE User Loses $50 Million in Single Token Swap Due to Extreme Slippage
AAVE was hit by a major decentralized finance (DeFi) disaster on Thursday after a user lost around $50 million in a transaction involving a swap of a single token. This has shown that trading ultra-large amounts in a market that is less liquid is a major risk. Blockchain data show that the wallet attempted to
XRP Tests Resistance Levels, Market Signals Potential Move Toward $4
XRP is showing renewed strength as the digital asset records steady gains over the past 24 hours. XRP is currently trading near $1.41, posting a daily increase of around 2.7%. The token has also seen strong activity in the market, with about $3.7 billion in 24-hour volume and a market value of roughly $86.24 billion,
Saylor Says MicroStrategy Bitcoin Purchases May Tighten Supply
MicroStrategy founder Michael Saylor said that there is a delay between the time the company buys Bitcoin and the time the prices increase. He further explained that the market usually reacts a little later, even when the buying is taking place. Saylor commented on a post on X. He noted that there is a time
Ethereum Adoption Surges as Market Signals Potential Drop Toward $1,500
Ethereum is showing strong network activity even as its market price struggles to regain previous highs, highlighting a growing gap between usage and price performance across the ecosystem. Currently, Ethereum is trading at $2,112.96, showing a gain of 4.24% over the last 24 hours. Its $27.62 billion daily volume traded on the market is also
TRUMP Crypto Move: Shot at Mar-a-Lago Access for Investors
A company affiliated with President Donald Trump’s branded crypto is offering investors a second chance to secure a seat at the table. Literally. Holders of the TRUMP crypto coin are vying for an invitation to an exclusive Mar-a-Lago crypto event scheduled for April 25, where the President himself is billed as the keynote speaker. The […]
JPMorgan Flags Sharp Divergence Between Bitcoin and Gold ETF Flows Since Iran War
The correlation between Bitcoin (BTC) and gold has snapped under the pressure of the Iran conflict, according to a note to investors by JPMorgan. While geopolitical instability usually drives a unified bid for safe havens, the two assets are currently moving in opposite directions. This decoupling reveals a significant shift in how capital is treating […]
Not XRP Or Ethereum: You Won’t Believe The Network With The Highest Number Of RWA Users
Real-world asset (RWA) tokenization on the Ethereum network and the XRP Ledger has been ramping up over the last few years. This has become more prominent with a shift toward bringing more real-world assets (RWA) into the crypto industry, to allow access to more ‘stable’ investment options. But despite the Ethereum network and the XRP […]
BlackRock Staked Ethereum ETF Sees $15.5M First-Day Volume
Yesterday, BlackRock launched its iShares Staked Ethereum Trust ETF, trading under the ticker ETHB. According to Bloomberg ETF analyst James Seyffart, it recorded a trading volume of about $15.5 million on its first day. A New Structure for Crypto Income In a series of posts on X, Seyffart explained that the fund opened with just […]