Valour Digital Securities, a subsidiary of DeFi Technologies (DEFT), debuted its bitcoin BTC$115,583.79 staking exchange-traded product (ETP) on the London Stock Exchange, expanding the reach of a product that started trading in Germany almost a year ago. The 1Valour Bitcoin Physical Staking (1VBS) product offers professional and institutional investors exposure to bitcoin with an additional…
The $270 billion stablecoin sector has grown significantly but still accounts for less than 8% of crypto’s total market cap, a level it has held since 2020, according to a JPMorgan research note. That dynamic could turn the coming wave of U.S. stablecoin launches into a zero-sum contest, unless the crypto market itself expands significantly,…
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 4324.62, down 2.0% (-88.55) since 4 p.m. ET on Friday. One of 20 assets is trading higher. Leaders: NEAR (+0.1%) and AVAX (-1.0%) Laggards: SUI (-5.6%) and BCH (-4.7%)….
Ethereum core developers have confirmed a tentative roadmap for the network’s next major upgrade, Fusaka, during Thursday’s All Core Developers Consensus (ACDC) call. The upgrade, designed to further scale the blockchain, is now scheduled for early December, with follow-up changes aimed at more than doubling blob capacity in the weeks after. Before the Fusaka upgrade…
The crypto market continues to trade cautiously as it seeks fresh catalysts following the Fed rate cut. BTC has settled into a tight range, with $118,000 serving as resistance for the bulls to overcome. Open interest in bitcoin futures has jumped to 149K BTC, ending a two-month downtrend. It indicates renewed capital inflows into futures,…
By Omkar Godbole (All times ET unless indicated otherwise) The SEC, as market regulator, now couldn’t be more pro-crypto if it tried! On Thursday, a spot ETF tied to one of the least “serious” cryptocurrencies — dogecoin DOGE$0.2641 — debuted in the U.S. alongside payments-focused XRP. Unlike bitcoin BTC$115,583.79, ether (ETH) and stablecoins, which act…