When stablecoin issuer Tether announced a “strategic investment” in Ledn, a lender of stablecoins and fiat against bitcoin BTC$90,230.46 collateral, in November, it chose to withhold details of the investment. In fact, it paid between $40 million and $50 million at a valuation of $500 million, according to a person with knowledge of the matter.
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 2902.71, down 0.0% (-1.04) since 4 p.m. ET on Thursday. Thirteen of 20 assets are trading higher. Leaders: POL (+11.2%) and ICP (+2.6%). Laggards: DOT (-1.4%) and XRP (-0.9%).
Bitcoin (BTC), Ethereum (ETH), and altcoins have been unable to break free from the downward trend that began in October. At this point, there is no consensus among analysts regarding the market’s direction, and the Federal Reserve’s interest rate decision in January, which could shift the balance, is awaited. While it is noted that a
Bitcoin’s BTC$90,591.10 price is locked in a back-and-forth range for weeks, mirroring similar choppy action from early last year. The cryptocurrency has traded between $80,000 and $95,000 since Nov. 21, now approaching the 50th day of this roughly 20% range. This somewhat aligns with the duration of the back-and-forth trading between $76,000 and $85,000 observed
By Omkar Godbole (All times ET unless indicated otherwise) Traders, skip the cozy Friday vibe. The day’s key U.S. data and events could lead to volatile price action in bitcoin BTC$90,182.72 and the wider crypto market. First up, the U.S. nonfarm payrolls report, closely followed by the Federal Reserve’s rate-setting committee, is set for release
Zodia Custody now supports Australia’s first regulated stablecoin, AUDM, for institutional use. This move boosts secure, real-time digital payments under Australia’s regulated framework. Zodia Custody, a highly secured vault for Crypto, has become the first global crypto custodian to support AUDM, which is Australia’s first regulated Australian dollar stablecoin. This move makes it safer and
Samson Mow, a vocal Bitcoin proponent and the JAN3 CEO, has taken to his account on the X social media platform to once again point out a key advantage of Bitcoin over altcoins to the global crypto community. This statement occurred after the recent exodus of the Zcash core developer team. Mow slams “s-coin developers
Bitcoin is wrestling with the $90k support zone inside a larger bull flag and ascending triangle, with stochastic RSI oversold and a breakout or breakdown looming. Summary Bitcoin has repeatedly defended the $90k horizontal support, with intraday wicks below the level failing to close, keeping the short‑term bull flag intact. Daily and weekly charts show
Bitcoin Price Analysis: Sideways Start to 2026 $Bitcozin has kicked off the first week of 2026 with sideways price action, showing hesitation after the strong volatility seen at the end of 2025. As traders assess macroeconomic signals and institutional flows, BTC remains range-bound, struggling to establish a clear short-term trend. Bitcoin price in the past
The Nasdaq Crypto™ Index just got a serious update, now called the Nasdaq CME Crypto™ Index, and Nasdaq and CME Group want it to be the go-to foundation for regulated crypto products like ETFs, structured funds, and other real investment tools. According to a joint press release on Friday, this change is about turning crypto