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 2027.7, up 4.7% (+91.47) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: ICP (+12.1%) and NEAR (+8.9%). Laggards: BNB (+1.1%) and CRO (+2.5%). The
According to the Financial Times, Iran is considering accepting Bitcoin (BTC) as payment for transit through the Strait of Hormuz. Hamid Hosseini, spokesperson for the Iranian Oil, Gas and Petrochemical Products Association, said the tariff would be $1 per barrel and payments could be made with all cryptocurrencies, including Bitcoin. Following the news, the price
Renowned Australian economist Steve Keen has made a controversial statement about Bitcoin. Keen, known for predicting the 2008 global financial crisis, suggested that Bitcoin’s value will approach zero in the long term. In an interview on the YouTube program The Diary of a CEO, Keen argued that Bitcoin’s high energy consumption is unsustainable. The economist
BlackRock’s most successful exchange-traded fund (ETF) is facing its clearest challenge yet, as Morgan Stanley rolls out a cheaper rival with direct access to trillions in client capital. Morgan Stanley’s ETF, trading under MSBT, began trading Tuesday with a 0.14% expense ratio, below the iShares Bitcoin Trust’s (IBIT) 0.25%. The difference is narrow but lands
Bitcoin may have recently looked choppy under $70,000, but a ton of $BTC was traded then, in a sign of strong dip demand. That’s evident from blockchain data, which shows the total amount of $BTC that last moved on-chain in the $60,000-$70,000 range now stands at 1,845,766 $BTC, up from 1,001,491 $BTC on Jan. 1,
Bitcoin surged following news of a two-week ceasefire between the US and Iran. While the price climbed above $71,000, some analysts argue that certain catalysts are needed for the rally to continue. Geoff Kendrick, Head of Global Digital Assets Research at Standard Chartered, argues that Bitcoin could fall to $50,000 in the short term. Speaking
A noteworthy assessment regarding Bitcoin price movements has been shared in the cryptocurrency market. André Dragosch, Head of Research at Bitwise Europe, stated that Bitcoin sustainably surpassing the $80,000 level could signal a shift to a bull trend in the market. Dragosch stated on the social media platform X that Bitcoin’s price rose by approximately
Two months after UAE regulated UAE regulated Ctrl Alt, a tokenization provider was approved to participate in the Bank of England’s Digital Securities Sandbox and Synchronization Lab program as a Synchronization Operator (SO), it has now secured a direct authorization for the UK Financial Conduct Authority (FCA) which will enable it to offer regulated investment
JPMorgan Chase CEO Jamie Dimon has warned that blockchain technology and digital assets are direct competitors threatening the traditional banking model. In his shareholder letter, Dimon claims that blockchain infrastructure, stablecoins, and tokenization are core competitive priorities that JPMorgan must aggressively address in order to be able to maintain its dominance. Emerging blockchain threat Dimon
On Apr. 7, Bitcoin, the leading cryptocurrency, briefly soared to $72,767, the highest level since March 18. $BTC/USD via TradingView The leading cryptocurrency is now up by more than 5% this month after recording its first green month in five consecutive months of bleeding. Total liquidation data Over the past 24 hours, the cryptocurrency market