After crashing throughout the week, bitcoin BTC$65,997.99 bottomed late last Thursday at $60,000 before a mammoth Friday rally took the price nearly 20% higher to just shy of $72,000. That bounce, however, is looking more and more like the “dead cat” type. In mid-morning U.S. trade, bitcoin is down sharply yet again, trading just below
Network News ROBINHOOD UNVEILS BLOCKCHAIN: Robinhood debuted the public testnet for its Ethereum layer-2 blockchain with plans for broader introduction later this year as the brokerage app aims to move more trading activity onchain. The new network, called Robinhood Chain, is built on Arbitrum and is designed to support tokenized real-world assets, including equities and
The intersection of crypto and artificial intelligence (AI) has entered a quieter, more selective phase, according to two prominent venture capitalists. Anand Iyer of Canonical Crypto and Kelvin Koh of Spartan Group described the current climate as a post-hype moment for decentralized AI protocols, with capital and talent shifting toward more focused, utility-driven applications during
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 1909.89, down 2.5% (-49.09) since 4 p.m. ET on Tuesday. None of the 20 assets are trading higher. Leaders: BCH (-0.5%) and UNI (-1.2%). Laggards: APT (-4.1%) and BNB
Goldman Sachs warns a hotter CPI could push the Fed back to a hawkish stance, jolting rate‑cut bets and pressuring Bitcoin and major altcoins. Summary Goldman Sachs’ Kay Haigh says resilient growth will push the Fed’s focus back toward inflation risks, not just jobs data. A stronger‑than‑expected CPI on Friday could cut the odds of
South Korea is among the beneficiaries of the growing demand for semiconductors as AI continues to take shape globally. The country has set new records, with exports surging by more than 40% in early February. South Korea’s exports soared to new heights in early February following the unprecedented surge in semiconductor demand worldwide. Data from
On-chain data shows the market for tokenized commodities surpassed $6 billion this week, driven by a surge in demand for gold-backed tokens. At the time of publication, the market cap of tokenized commodities is $6.126 billion. The market cap of all tokenized assets as of February 9 is $328.156 billion. It means that the market
U.S. jobs growth sizably strengthened in the first month of 2026. There were 130,000 jobs added in January, according to a Wednesday report from the Bureau of Labor Statistics. Economist forecasts had been for 70,000 jobs added, up from jobs growth of 48,000 in December. The unemployment rate fell to 4.3% versus forecasts for 4.4%
Tokenized money market funds and digital bank deposits are shifting from experimental pilots to early-stage financial infrastructure, executives from Franklin Templeton, SWIFT and Ledger said Wednesday Consensus Hong Kong 2026. “Take traditional, existing financial instruments, make them cheaper, better faster, by putting them natively on chain,” said Franklin Templeton’s Chetan Karkhanis. The asset manager has
BlackRock CEO Larry Fink has sparked debate about the future of the US dollar after warning that rising debt interest payments could weaken confidence in the currency. Speaking on February 10, 2026, Fink said that if the US fails to control its debt costs, the dollar could eventually resemble “monopoly money.” https://twitter.com/cryptorover/status/2021458804194652382?s=46 His comments arrive