CoinDesk 20 performance update: AAVE gains 10.1% as index rises
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
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BlackBerry is making a massive comeback as an 'uncrashable' software layer for AI and robotics
Remember BlackBerry? Yes, that BlackBerry: The phone with a physical keyboard that everyone used and suddenly became obsolete after Apple introduced the iPhone.
Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
Payward, the parent company of cryptocurrency exchange Kraken, has taken legal action against PowerTrade, a high-leverage derivatives platform based in the U.A.E., claiming the firm’s founders misappropriated $7.2 milli…
Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow
Computer memory chipmaker Micron Technology (MU) delivered blowout Q3 earnings on Wednesday, lifting the entire AI memory sector, AI-related stocks and even giving crypto a slight boost.
MemeCore's M token suddenly crashes 80% with no clear trigger
Blockchain project MemeCore's M token collapsed about 74% over 24 hours, sliding from a high near $2.92 to as low as $0.51 before steadying around $0.74, with no exploit, hack or announcement to account for the drop.
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The max pain level for this expiry stands at $72,000, significantly above current spot prices of around $61,700. On Friday at 8:00 ET, options worth $10 billion will expire on Deribit, the world's largest crypto options…
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
That level is $59,000, which has emerged as strong support, capping downside moves in recent days.
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
Bitcoin dropped to $59,175 overnight, its lowest point since early June, before recovering to about $61,500 by Thursday morning, per CoinDesk data. Nearly $1 billion worth of futures positions were liquidated across cry…
XRP slides 2.8% as weak bounce keeps $1 support in focus
XRP lost $1.0850 during Tuesday’s selloff, then failed to win it back. That leaves the token sitting near the lower end of its June range, with buyers still defending the $1.05-$1.07 area but no longer pushing price far…
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
Kalshi is seeking to raise fresh capital at a valuation of about $40 billion, nearly doubling the $22 billion valuation it targeted in its previous funding round, according to a Financial Times report citing people fami…
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
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Binance withdraws Greek MiCA bid but vows to remain in Europe
Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another European Union country, the crypto exchange said Wednesday via several X posts.
Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone
Bitcoin has fallen below the lowest band of the popular Bitcoin Rainbow Chart for the second time in its history, a valuation model that has tracked BTC’s long-term price cycles for more than a decade.
CZ, Binance founder, wants to clear up 'misunderstandings' about who he is
Binance founder Changpeng "CZ" Zhao is one of the most famous CEOs in crypto history. But he doesn't want to run the global exchange he largely owns. He doesn't want to run its U.S. arm he mostly owns. He doesn't want t…
Gold, silver and bitcoin tumble as debasement trade unwinds
Gold and silver have both retreated sharply from their January 2025 highs, falling below key psychological milestones. Gold is down roughly 28% from its January peak of $5,600 and now trading below $4,000 per ounce, whi…
This forgotten coin could surprise everyone before its next halving
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
The banking lobby is wrong about stablecoins and community banks
Congress is debating whether stablecoins will hollow out community banking. The banking lobby says yes. The data says otherwise.
CoinDesk 20 performance update: Aave (AAVE) gains 5.9% as index moves higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The Runes revival: Bitcoin traffic hits a two-year high as transactions blast past 820,000
Bitcoin's onchain activity is surging despite the asset remaining deep in a bear market.
CryptoQuant says Michael Saylor's Strategy should halt its bitcoin buying
The strain showing up in the company's STRC preferred stock is a sign the firm has overextended itself, it added. STRC, Strategy's flagship preferred stock, fell to about $82.50 last week, a record 17.5% below the $100 …
Crypto PAC's $5.5 million Congress pick gets Maryland win, more crypto allies advance
The leading crypto political action committee, Fairshake, often backs its favored hopefuls for the U.S. House of Representatives with ad campaigns in the hundreds of thousands of dollars, but it devoted Senate-level mon…
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Bitcoin's (BTC) price chart is flashing a bearish signal amid risk-off cues from currency markets.
AI chipmaker Cerebras down 11% after first public earnings report
In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading after guiding to lower profit margins next quarter.
Crypto critic Roubini joins tokenization boom with onchain 'Technodollar'
Nouriel Roubini, the economist known as "Dr. Doom" for predicting the 2008 financial crisis and who later became one of crypto's most vocal critics, is making his first move into blockchain-based finance.