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 3478.84, down 4.0% (-145.03) since 4 p.m. ET on Friday. One of 20 assets is trading higher. Leaders: ICP (+35.0%) and POL (-1.6%) Laggards: SUI (-8.6%) and CRO (-7.9%).
Strategy (MSTR), the largest corporate holder of bitcoin BTC$107,661.53, reported on Monday it purchased $45.6 million in BTC through last week, bringing its stash to 641,205 coins worth over $69 billion. According to the firm’s filing, the company acquired 397 BTC at an average price of $114,771 last week. Strategy funded the purchase mostly via
Standard Money, developer of the BNB Chain-based stablecoin USDsd, has raised $8 million from an array of crypto investment heavyweights. The strategic investment round was led by Yzi Labs and included participation from Gate.io, Crypto.com, and Animoca Brands, according to an emailed announcement shared with CoinDesk on Monday. USDsd is a yield-seeking algorithmic stablecoin based
Institutional investment firm Strategy announced that it purchased a total of 397 Bitcoin (BTC) between October 27 and November 2. The company’s average purchase price was $114,771, while the total investment amount was recorded as $45.6 million. We stated in our morning news that a purchase might be made: Strategy Buys 397 Bitcoins Worth $45.6
Brazilian financial giant Banco Inter and Chainlink have completed a blockchain-based pilot that enabled the central banks of Brazil and Hong Kong to settle a cross-border trade transaction in real time using digital currencies and smart contracts. The test was part of Phase 2 of the Central Bank of Brazil’s Drex digital currency initiative, which
Cryptocurrencies fell to begin the week in red, extending the price drop from the past few weeks, which resulted in the market’s worst October in years. At press time, Bitcoin was trading down 3.18% in the last 24 hours and down 6.99% in the last seven days. The market drop came with no immediate catalysts,
Bitcoin is trading at $107,400 at press time, down 3% in the past 24 hours and 7% over the last week. Traders are watching key price levels as the market tests long-term support. With volatility dropping and volume remaining high, several analysts are pointing to this monthly close as a potential turning point. Fibonacci Support
Bitcoin has treated $106,400 as a pivot across the current cycle, acting as both resistance and support. Price has repeatedly clustered near the level, cleared it on retests, and expanded toward the next channel bands, while breaks below the level often required a repair phase before any advance. My charts below show price channels that
Public companies hold over 1 million BTC, with 90.4% of those holdings concentrated in the US. This surge in corporate Bitcoin treasuries comes as industry leaders suggest these entities could bring long-term discipline to a sector known for volatility. The increasing corporate adoption of Bitcoin has reignited debate. Investors are questioning whether Bitcoin can compete
In the final days of October 2025, Bware Labs confirmed what many developers feared: Blast API, one of the most widely used RPC providers in Web3, is shutting down. The announcement, coming right before its planned acquisition by Alchemy, sent a ripple through the developer community. What seemed like a routine business move has turned