Latest Business News, Market Insights & Global Economy Updates
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 2934.99, up 3.3% (+93.38) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: NEAR (+6.5%) and AAVE (+6.4%). Laggards: DOT (+1.0%) and HBAR (+1.0%). The…
Monet Bank, a small Texas community bank owned by a billionaire political supporter of President Donald Trump, has stepped into the field of crypto lenders, billing itself as an “infrastructure bank” with a focus on digital assets. “Monet is focused on being the premier digital asset financial institution, providing innovative and forward-facing solutions for the…
Not waiting until what’s become its customary plunge time of Sunday evening, bitcoin BTC$89,703.92 is getting an early start to the weekend this holiday season, continuing an overnight tumble and slipping back to $90,000 in early U.S. trading hours. The move reverses much of the bounce from last Sunday night’s panicky drop that pushed bitcoin…
Kraken, the cryptocurrency exchange preparing to go public in the U.S. early next year, has unveiled an invitation-only VIP program tailored to ultra high net worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when it comes to providing high-touch services to wealthy individuals, family…
Abu Dhabi-focused Solana infrastructure firm Solmate (SLMT) has signed a non-binding term sheet to acquire digital asset firm RockawayX in an all-stock deal that would create an institutional crypto group with more than $2 billion in assets and third-party stake. The combined company would fold RockawayX’s infrastructure, liquidity and asset management units into Solmate, which…
HBAR edges higher during the 24 hour period, advancing from $0.1425 to $0.1453 while maintaining disciplined price action within an ascending channel structure. The token demonstrates steady accumulation patterns rather than speculative momentum. The 52.51% volume increase above its seven-day moving average indicates genuine market participation. The advance occurs alongside broader crypto market strength. HBAR…
Strategy (MSTR), may be nearing a tradeable bottom, not because of technical signals or a specific fundamental change, but because the sheer volume of anger, mockery and victory laps directed at the stock has reached classic capitulation levels. Spurred by a Sunday night/Monday morning plunge in the price of bitcoin and MSTR, critics over the…
DOT$2.0587 crashed through critical support on Monday, sending the token to $2.02 from $2.27 in a sharp technical breakdown, according to CoinDesk Research’s technical analysis model. The 11.4% decline ranks among the worst single-session losses for the ecosystem token this year, the model said. The volume surged to 14.6 million tokens, 280% above the 24-hour…
XRP once again defended the critical $2.17 support zone despite an 18% monthly drawdown, bouncing into tight consolidation as analysts identify a potential Elliott Wave reversal setup that may mark the end of the corrective cycle. News Background XRP endured a volatile session after spending the last month under heavy selling pressure. Market sentiment softened…
Bitcoin’s rebound is starting to show its first meaningful sign of U.S. bid-side strength in weeks, with the Coinbase Premium Index turning positive after spending nearly a month below zero. The shift comes as BTC hovers around the $91,000 level in Asian morning hours Saturday. The premium — which tracks the price spread between Coinbase…
