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 2715.35, up 4.6% (+120.05) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: SUI (+7.0%) and SOL (+6.9%). Laggards: CRO (+2.7%) and POL (+3.0%). The
Key Takeaways Rick Rieder of BlackRock will be interviewed for the US Federal Reserve Chair role at Mar-a-Lago. Other candidates are Kevin Hassett, Kevin Warsh, and Christopher Waller. Rick Rieder, BlackRock’s chief investment officer for global fixed income, is set to be interviewed for the role of Federal Reserve chair at Mar-a-Lago in the final
A prominent Hyperliquid whale has made a decisive move that caught the market’s attention. The wallet 0x94d3 sold 255 BTC worth $21.77 million over the past seven hours. The whale executed the sales at an average price of $85,378, exiting spot exposure methodically rather than in a single market dump. This sale did not signal
Cardano founder Charles Hoskinson has issued a stark warning about the global financial system, arguing that it is a Ponzi scheme headed toward collapse. He shared this view during a recent livestream. In it, he addressed several crypto-related initiatives and offered a broader assessment of the global financial landscape. Global Financial System Functions Like a
Goldman Sachs has delivered one of the strongest institutional signals Bitcoin markets have seen in years. The global investment bank disclosed a $1.7 billion Bitcoin ETF investment, confirming its deepening exposure to regulated crypto products. This move arrives at a moment when investor sentiment demands validation from trusted financial institutions. Markets immediately interpreted the disclosure
Crypto Rover draws attention to a recurring structural moment in Bitcoin’s history. Miners once again face intense pressure at the tail end of the four-year cycle. Rising difficulty, reduced block rewards after the 2024 halving, and a sharp BTC pullback combine to squeeze margins. This phase mirrors past cycle endings, where weaker miners capitulated under
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$88,032.18 rose above $88,000 even after the Bank of Japan increased interest rates to the highest in nearly 30 years, a move that would have been expected to strengthen the yen and make the carry trade less attractive. Instead, the currency weakened on concerns the
Oracle (ORCL) shares jumped more than 6% in pre-market trading to around $190 after Bloomberg reported that TikTok signed binding agreements to form a new U.S. joint venture led by Oracle, helping ease investor concerns around AI-driven valuation risks. The upbeat reaction spread across risk assets. Bitcoin BTC$88,226.51 jumped above $88,000, Invesco QQQ (QQQ) futures,
Bitcoin may be approaching one of its most pivotal turning points in years. A leading valuation metric, the BTC Yardstick, currently reads -1.6 standard deviations below its long-term mean, signaling the pioneer crypto’s deepest undervaluation since the 2022 bear market low. Historically, this level has coincided with major cycle bottoms, including 2011, 2017, 2020, and
Something important is happening in India’s crypto market, and it’s not coming from retail traders chasing short-term moves. In 2025, institutional crypto investment in India is rising fast. Across major Indian exchanges including CoinDCX, CoinSwitch, ZebPay, and Mudrex, institutional participation has grown 30–50% year-on-year, now making up a meaningful share of total trading volumes. That