Category: Business

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 1974.81, down 2.9% (-59.17) since 4 p.m. ET on Friday. All 20 assets are trading lower. Leaders: NEAR (+0.0%) and AAVE (-0.1%). Laggards: DOT (-11.5%) and ADA (-6.8%). The

Saudi Arabia’s crypto market reached USD 24.9 billion in 2025 and is projected to grow to USD 47.8 billion by 2034, with a compound annual growth rate of 7.51% between 2026 and 2034. The expansion is being supported by increasing adoption of digital assets, continued development in fintech, and the broader use of blockchain technology

Ceasefire talks between the US and Iran took place in Pakistan over the weekend. However, these talks did not yield a positive result, and US President Donald Trump made harsh statements. This situation caused a pullback in Bitcoin ($BTC) and altcoins, with the $BTC price falling to the $70,000 level. While the market closely monitors

BlackRock, the world’s foremost asset manager, is once again ramping up its cryptocurrency exposure through its spot exchange-traded funds (ETFs). Last week, between April 6 and April 10, the investment company purchased roughly $780 million worth of Bitcoin (BTC) and Ethereum ($ETH). The iShares Bitcoin Trust (IBIT) led the surge with the highest inflows among

The crypto market just witnessed a major shift in institutional sentiment. $XRP inflows surge dominated last week’s exchange-traded product activity. Investors poured significant capital into $XRP-focused funds. This move signals renewed confidence in select digital assets. It also highlights shifting priorities among institutional players. Global crypto ETP inflows reached $224 million for the week. $XRP

SEOUL, South Korea – Circle CEO Jeremy Allaire delivered a significant statement about digital currency adoption during his recent visit to Seoul, emphasizing that a Korean won stablecoin has become essential for maintaining South Korea’s competitive position in the global financial landscape. Korean Won Stablecoin: A Competitive Necessity During high-level meetings with South Korean financial

StarkWare is restructuring into two business units and cutting staff as it pivots from scaling Ethereum toward building revenue-generating products of its own — a shift forced by a more than 99% collapse in revenue on its flagship Starknet network. The changes were outlined during a company-wide town hall hosted by CEO Eli Ben-Sasson, where

Strategy is one of the most aggressively promoted stocks on Wall Street, with a consensus “Strong Buy” rating and an average analyst price target that implies a 155% upside from recent prices. That’s nearly double the implied upside for any other large-cap name in America. It’s also, by a wide margin, the single largest issuer

NXC, the parent company of Nexon, one of South Korea’s leading gaming companies, is undergoing a significant restructuring of its crypto asset strategy. According to local media reports, the company is both reducing its cryptocurrency holdings and exiting some of its investments in the sector. According to NXC’s consolidated audit report, the total value of

Crypto markets are falling this Monday morning in Asia as investors react to the breakdown in negotiations between Iran and the US. “All eyes are on the oil and stock market’s reaction to this weekend’s events,” said the Kobeissi Letter. President Trump is looking at resuming “limited military strikes” in Iran in addition to the

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