Bitcoin’s outperformance during the Iran conflict doesn’t fit the standard playbook, and Bitwise CIO Matt Hougan thinks he knows why. The largest cryptocurrency has gained 12% since U.S. and Israeli airstrikes began Feb. 28, while the S&P 500 has fallen 1% and gold 10%. For an asset routinely dismissed as a leveraged tech bet during
Only 4% of Danish citizens own cryptocurrencies, a figure that has remained unchanged since 2023 despite the global growth of the sector across Europe and other jurisdictions, according to a new staff paper from the country’s central bank published Wednesday. The Danmarks Nationalbank staff paper, based on a survey conducted by Epinion, revealed that among
Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, framing “onchain” finance as a potential next step in how it serves wealth clients. Speaking during the bank’s first-quarter earnings call, executives described a future where assets and liabilities move more freely across digital rails. “How do you think of a tokenized world?
As talks between the US and Iran continue, US President Donald Trump has made new statements regarding the Fed. Speaking to Fox Business, US President Donald Trump made significant statements about current Fed Chairman Jerome Powell and the new Fed chairman nominee Kevin Warsh. Trump harshly criticized Powell, stating that he should resign voluntarily. At
Allbirds (BIRD) surged around 300% after saying it will pivot from sneakers into AI computation services, underscoring one of the market’s dominant themes: the race to secure scarce AI infrastructure. The company said it agreed to sell its footwear brand to American Exchange Group and reinvent itself as NewBird AI, backed by a $50 million
One of the notable developments in the cryptocurrency market was the reactivation of a large investor account that had been inactive for a long time. According to on-chain analytics data, a “whale” address that had been largely inactive for approximately 14 years has resumed transactions after a four-month hiatus. According to data shared by analyst
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2058.34, up 0.4% (+9.17) since 4 p.m. ET on Tuesday. Eighteen of 20 assets are trading higher. Leaders: AAVE (+4.3%) and APT (+3.8%). Laggards: CRO (-0.6%) and SOL (-0.5%).
Bitcoin ($BTC) experienced a sharp rise yesterday and retested the $76,000 level. However, this attempt failed again, and the $BTC price retreated to the $73,000 level. One analyst noted that a key data point in the markets indicated a possible bottom formation. $BTC investors are in a bearish trend, which creates the potential for a