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 2064.51, down 1.6% (-33.92) since 4 p.m. ET on Wednesday. One of 20 assets is trading higher. Leaders: ICP (+1.1%) and UNI (-0.4%). Laggards: XLM (-3.5%) and LTC (-2.8%).
Despite the brief crypto market rally seen over the past day, $XRP ETFs have retained the weak momentum as they have shown limited investor activity during their last trading session. According to data provided by SosoValue on March 4, only one $XRP fund recorded new capital inflows, while others showed zero performances even as the
Finbold has analyzed how a hypothetical $1,000 investment in the world’s largest cryptocurrencies would have performed since the inauguration of Donald Trump on January 20, 2025. In this experiment, an investor allocates $100 to each of the top 10 cryptocurrencies by market capitalization on Inauguration Day and holds the portfolio until March 5, 2026. Because
U.S. Senator Cynthia Lummis believes that Wall Street banks and crypto companies could soon operate within the same financial ecosystem. Her remarks followed a notable development involving crypto exchange Kraken, which recently obtained access to a Federal Reserve master account. Specifically, the approval connects the company directly to the U.S. central banking payment infrastructure. Speaking
The United Arab Emirates’ banking system remains fully operational despite escalating regional conflict between the US, Israel and Iran, the country’s central bank said, as authorities moved to reassure markets following missile and drone attacks on the country this week. In a statement, Central Bank of the UAE Governor Khaled Mohamed Balama said banks, financial
In the bustling world of cryptocurrencies, where every moment can bring a new twist, the reliance on solid market data has become paramount for making informed investment decisions. Rapid price changes and the introduction of new projects require a structured approach to data analysis, which is transforming the investment landscape. As economic and political changes
In a landmark move for institutional cryptocurrency adoption, Japan’s three largest banking institutions—Mitsubishi UFJ Financial Group (MUFG), Mizuho Bank, and Sumitomo Mitsui Banking Corporation (SMBC)—have officially announced a joint proof-of-concept test for a new stablecoin. This unprecedented collaboration, reported first by Cointelegraph, represents a seismic shift in the traditional financial landscape, signaling that Japan’s most