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 3268.04, down 1.6% (-53.31) since 4 p.m. ET on Wednesday.Three of 20 assets are trading higher. Leaders: ICP (+27.5%) and NEAR (+3.3%). Laggards: HBAR (-3.6%) and UNI (-2.9%). The
USDT USDT$0.9997 issuer Tether’s tokenization arm, Hadron, is teaming up with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies said in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and build the systems needed for them to trade on regulated digital asset platforms.
The leading cryptocurrency Bitcoin (BTC) has caused great fear in the market due to the sharp, sudden declines and high volatility it has experienced in recent days. While investors fear that Bitcoin’s decline will continue, a CryptoQuant analyst said that on-chain indicators on BTC are strong. Accordingly, CryptoQuant analyst with the pseudonym XVIN Research said
Strive (ASST), an asset management company building a bitcoin BTC$102,854.44 treasury, is looking to raise $160 million after upsizing the initial public offering of 2 million of its Variable Rate Series A perpetual preferred stock (SATA) and pricing it at $80 per share. The offering, scheduled to close on Nov. 10, was increased by 750,000
Approximately 1/3 of Bitcoin’s (BTC) circulating supply is now held at a loss as the asset continues to face downward pressure in November. However, the market stress may not be a bad sign, as it could signal a potential market bottom. Furthermore, experts remain cautiously optimistic about Bitcoin’s prospects, forecasting a potential recovery. Is Bitcoin
Swedbank AB is one of Sweden’s largest financial institutions. It has revealed a $20 million investment in MicroStrategy (MSTR). The Nasdaq-listed company is widely seen as a major Bitcoin proxy. The disclosure underscores growing institutional interest in Bitcoin-linked equities. Even as traditional finance treads cautiously around direct crypto exposure. JUST IN: $325 billion Swedish Swedbank
Jack Dorsey is taking another big step toward Bitcoin’s mainstream adoption. His company, Block, is rolling out Bitcoin payments for over four million U.S. Square merchants. It gives businesses an easy way to accept cryptocurrency through the Lightning Network. Jack Dorsey enabling 4M merchants to accept $BTC via Lightning is huge.Mainstream adoption is accelerating faster
A Spanish public research institute is preparing to sell its long-forgotten Bitcoin stash, worth over $10 million, which was originally purchased for just $10,000 in 2012 as part of a blockchain research project. The Institute of Technology and Renewable Energies (ITER), overseen by the Tenerife Island Council, acquired 97 Bitcoin (BTC) more than a decade
BTC returned to spot trading, with coins returning to Binance. Increased spot market volumes drove the recent recovery above $103,000. BTC is returning to spot trading, with volumes picking up on Binance in November. After a series of liquidations, derivative trading for BTC became more cautious. At the same time, inflows of stablecoins and BTC