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 2035.72, up 0.1% (+2.93) since 4 p.m. ET on Tuesday. Twelve of the 20 assets are trading higher. Leaders: ICP (+9.8%) and XLM (+1.7%). Laggards: NEAR (-3.9%) and AAVE
The Depository Trust & Clearing Corporation (DTCC), Wall Street’s clearinghouse, said Wednesday it plans to connect its tokenized securities platform to the Stellar ($XLM) network, expanding a broader effort by Wall Street firms to move traditional financial (TradFi) assets onto blockchain rails. Tokenized assets custodied by DTCC’s Depository Trust Company could become available on Stellar
Welcome to our institutional newsletter, Crypto Long & Short. This week: Ravi Tanuku on how the $GENIUS Act repriced bitcoin’s monetary premium Jesper Johansen on looped $ETH staking without lending market exposure Top headlines institutions should pay attention to by Francisco Rodrigues “$NEAR Intents fee run-rate holds as price recovers off $1 lows” in Chart
A major experiment led by the Bank for International Settlements (BIS) found that tokenization could help fix some of the biggest pain points in cross-border payments, from slow settlement times to costly reconciliation between banks. Project Agorá, a joint effort between the BIS, seven central banks and more than 40 private financial institutions, concluded that
The institutional bid under bitcoin is running on fumes. U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of the year, an unusually thin number given the products were the structural buyer that powered the 2025 rally, per Swissblock data shared on X Tuesday. March and April produced steady accumulation that
Jefferies said it expects a new wave of crypto and blockchain-related public listings as institutional adoption of digital asset infrastructure accelerates across Wall Street and the payments industry. In a report published after its first Digital Assets Investor Conference in New York, Jefferies said it expects a surge of crypto-related public listings over the next
The leading cryptocurrency, Bitcoin ($BTC), weakened and fell to the $75,000 level, in contrast to the upward trend in global stock markets. Significant altcoins such as XRP, Ethereum ($ETH), and Solana (SOL) also saw declines during the same period. As investors wonder which direction $BTC will move, one analyst said that $BTC’s implied volatility is
IREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell systems, a major step in scaling its artificial intelligence infrastructure, the company said on Wednesday. The new systems will support IREN’s previously announced five-year, $3.4 billion managed services AI cloud contract and are
Bitcoin has fallen to 13th place among the world’s largest global assets after slipping to roughly $76,000, bringing its total market capitalization down to $1.5 trillion. BTC has struggled throughout 2026, falling 11% year to date and nearly 30% over the past 12 months, as investor capital has rotated into other high performing sectors. Precious
Crypto analyst and YouTuber Benjamin Cowen suggested that Bitcoin could test the $60,000 level again this year. According to Cowen, this potential pullback could be followed by a new bull cycle in the market. The experienced analyst predicts that the final bottom in the current market cycle will occur next October. Benjamin Cowen pointed out