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 2083.34, down 0.2% (-3.93) since 4 p.m. ET on Wednesday. Twelve of 20 assets are trading higher. Leaders: DOT (+7.1%) and APT (+4.0%). Laggards: ETH (-1.3%) and AAVE (-1.1%).
A potential SpaceX IPO continues to capture investor imagination, with expectations that the company could seek a valuation of up to $2 trillion. The company has reportedly filed confidentially with the U.S. Securities and Exchange Commission (SEC), and its prospectus could be unveiled in late May. Given that the IPO is expected to outshine even
After years of struggling, the former shoe company Allbirds (NASDAQ: BIRD) announced that it is pivoting to providing infrastructure for artificial intelligence (AI) on April 15, 2026. The move, backed with $50 million from an unnamed institutional investor, led to an immediate market reaction as BIRD stock soared 582.33% within a single day – from
Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a “tremendous opportunity” for a yuan-backed stablecoin, predicting China could roll one out within three to five years as digital currencies become more integrated into global trade and finance. The framing marks a shift from speculative idea to something closer to policy alignment.
You can buy a cup of coffee with bitcoin easily enough in the U.S. — and get a tax headache thrown in for free. The form-filling burden is enough to deter users from using the largest cryptocurrency to pay for real-world transactions, according to the Cato Institute, a libertarian think tank known for its support
Changpeng Zhao (CZ), a leading figure in the cryptocurrency market, made important assessments regarding the industry and his investment philosophy at today’s Binance Square AMA (Ask Me a Question) event. CZ delivered noteworthy messages, particularly regarding memecoins, his entrepreneurial experience, and investment strategies. CZ, while answering users’ questions about memecoins, clearly stated that Binance would
Ice Open Network’s CEO published a detailed update on Wednesday outlining dramatic cost cuts and a new strategic direction, two days after the project came close to announcing a full shutdown following the ION token crash. Monthly operating costs have been reduced from approximately $400,000 to $45,000, an 89% cut achieved in 48 hours. The
Monetary policy expectations are increasingly tied to a potential Federal Reserve leadership shift, with major implications for liquidity and risk assets. Kraken’s chief economist outlined scenarios that could reshape crypto markets under varying degrees of policy easing. Key Takeaways: Kraken outlines three Fed scenarios that could steer crypto market direction. Warsh-led policy shifts may boost
Based on BlackRock Chairman Larry Fink’s annual letter to shareholders, Real World Assets (RWA) are being built into the pipeline of Wall Street product offerings. Do the originators of the concept have a chance to be players here? Or will RWAs be run by Big Finance? “It opens up the biggest land grab in history
In a landmark move for Asian financial markets, Mirae Asset Securities has secured final regulatory approval to launch retail cryptocurrency trading services in Hong Kong, becoming the pioneering South Korean securities firm to enter this competitive arena. The Hong Kong Securities and Futures Commission (SFC) granted the crucial license to the firm’s local subsidiary, clearing