Latest Business News, Market Insights & Global Economy Updates
ICP$5,7006 pulled back from its rally above $6.50, to trade just below $5 throughout the European morning on Wednesday, nearly 25% below Tuesday’s peak. ICP recorded a resistance-shattering surge on Tuesday, gaining as much as 64% to eclipse the $6.50 mark, before profit taking capped much of these gains, according to CoinDesk Research’s technical analysis…
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 3291.57, down 2.1% (-69.23) since 4 p.m. ET on Monday. Three of 20 assets are trading higher. Leaders: ICP (+38.9%) and DOT (+0.6%). Laggards: CRO (-3.6%) and APT (-3.4%)….
An outage affecting web hosting giant Amazon Web Services (AWS) has taken out vast swathes of the web, including websites, banks, and some government services. On Monday afternoon, the company offered an update on the cause of the issue and noted it was still not yet resolved. In an announcement published to the Amazon website,…
U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights or ordering groceries. The company said on Thursday that the token, dubbed NET Dollar, will enable instant and secure transactions for software agents, developers and creators….
