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 4036.82, down 1.2% (-47.12) since 4 p.m. ET on Wednesday. One of 20 assets are trading higher. Leaders: POL (+0.6%) and XRP (-0.3%). Laggards: UNI (-2.8%) and NEAR (-2.8%). … Read more
A generation ago, the biggest story in business was the rise of software. Today, the biggest story is the rise of clarity. Across crypto, clarity — on rules, on guardrails, on compliance — is neither aspirational nor an afterthought. It is becoming the main driver of institutional scale and legitimacy. Where software devoured inefficiency, clarity … Read more
The XRP Army has long claimed to be more than just a noisy retail crowd. Now, with Ripple’s four-year battle against the U.S. Securities and Exchange Commission closed, both the judge and Ripple’s lawyers are saying they made a difference. Crypto lawyer John Deaton, who filed an amicus brief on behalf of holders, said in … Read more
RedStone, a provider of oracle data feeds for blockchains, is buying Credora, an on-chain credit rating platform backed by Coinbase Ventures, S&P, and Hashkey, among others. The financial terms of the deal were not revealed. The oracle-powered risk rating framework for assets and yield strategies focused on decentralized finance (DeFi) will operate under the new … Read more
A digital euro would be required to ensure users can still make payments during major outages, according to European Central Bank (ECB) board member Piero Cipollone. A Eurozone central bank digital currency (CBDC) could provide business continuity in the event of a cyberattack on banks or other payment providers, Cipollone said at the European Parliament … Read more
Bitcoin (BTC) is lower than it was 24 hours ago, down about 0.7%, but still firmly within the range that’s constrained it since the last week of August. The decline’s become a little more pronounced since midnight UTC, with a drop of about 0.9%. For the broader market, the CoinDesk 20 Index has fallen 1.3% … Read more
Meme-inspired cryptocurrency PEPE (PEPE) is under pressure after slipping below a key support level, sparking warnings of a possible 15% drop. The move comes as trading volumes fell to $980 million and open interest contracted 4% to $535 million based on CoinGlass data, signaling waning conviction among traders. Derivatives data show long liquidations hit $326,000, … Read more
By James Van Straten (All times ET unless indicated otherwise) September has started much like August ended, with low volumes, subdued volatility, and most of the market-moving headlines coming from traditional finance. Gold rose to $3,560 before easing back, while government bond yields globally retreated from recent highs. Bitcoin perpetual funding rates, payments designed to … Read more
When BlackRock’s iShares Bitcoin Trust (IBIT) options went live on Nov. 19, trading activity exploded, reaching over $2 billion in volume on day one. Around the same time, Strategy’s (MSTR) multiple to net asset value (mNAV), calculated by dividing its enterprise value by its bitcoin (BTC) NAV, hit a cycle peak of 3.141 on Nov … Read more
Internet Computer Protocol (ICP) experienced heavy volatility during the last 24 hours, as prices swung between $4.77 and $4.94. The action reflected both aggressive buying pressure and equally strong selling, leaving the token stabilizing near $4.8. The most dramatic move came as ICP rallied sharply to $4.94 around midnight, its high for the period. The … Read more
Gold is the standout performer of 2025, climbing more than 33%. That’s three times the gain of the Nasdaq 100 index and nearly double bitcoin’s (BTC) performance. In practice that means it now takes just 31.2 ounces of gold to buy one BTC, a measure known as the BTC-XAU ratio, down from 40 ounces last … Read more
Ethereum has become the latest front for software supply chain attacks. Researchers at ReversingLabs earlier this week uncovered two malicious NPM packages that used Ethereum smart contracts to conceal harmful code, allowing the malware to bypass traditional security checks. NPM is a package manager for the runtime environment Node.js and is considered the world’s largest … Read more
News Background DOGE advanced 4% during the 24h session from Sept. 3 at 03:00 to Sept. 4 at 02:00, climbing from $0.216 to $0.218. Trading volumes spiked to 416.41M tokens during resistance testing at $0.223, far above the 24h average of 244.87M. Prediction markets (Polymarket) show ETF approval odds rising from 51% to 71%, drawing … Read more
Ripple, the payments-focused digital asset firm, is expanding its U.S. dollar-backed stablecoin Ripple USD (RLUSD) to institutions in Africa through new partnerships with Chipper Cash, VALR and Yellow Card distributors. The rollout aims to give businesses across the continent access to a stable, digital dollar designed for cross-border payments, liquidity and on-chain settlement, the company … Read more
News Background XRP traded in a narrow 2% range from $2.81 to $2.87 during the 24h session from Sept. 2 at 14:00 to Sept. 3 at 13:00. Large wallets accumulated roughly 340M XRP (~$960M) over the past two weeks even as institutions liquidated ~$1.9B since July. Total transaction volume across the XRP Ledger reached 2.15B … Read more
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is stuck in a holding pattern near $112,000, according to … Read more
With bitcoin (BTC) stuck just above $110,000 and ether (ETH) consolidating after hitting fresh records, Solana (SOL) has emerged as a standout performer in the crypto market recently. The token traded around $211 on Monday, up 33% from early August lows, making it one of the best performers in the CoinDesk 20 Index in the … Read more
As the digital asset industry evolves, so does the language we use to describe it. A promising new term —“mature blockchain” — has entered the regulatory discourse via the CLARITY Act, a bipartisan legislative proposal aimed at providing much-needed regulatory certainty around digital assets in the U.S. Among other things, it defines a “mature blockchain” as … Read more
Grayscale, the world’s largest digital asset investment manager, has launched a new exchange-traded fund that ties into ether’s (ETH) recent market momentum. The Grayscale Ethereum Covered Call ETF (ETCO) began trading Thursday, offering exposure to ether with an options-writing strategy designed to generate steady income. The launch comes as ether, the native token of the … Read more
Kevin O’Leary is turning away from NFTs and putting millions into rare, physical collectibles, specifically high-end sports cards. The “Shark Tank” star and O’Leary Ventures chairman recently co-purchased a $13 million dual Logoman card featuring Kobe Bryant and Michael Jordan, he said during an interview with CoinDesk TV’s Jennifer Sanasie. The card is one-of-a-kind, and … Read more
The U.S. Commodity Futures Trading Commission has freed up prediction market firm Polymarket’s QCX acquisition from certain disclosure and data requirements as the company moves forward in its U.S. business offerings. QCX, which got its license to start operations in July before it was snatched up later that month by Polymarket, has been granted a … Read more
South Korean crypto exchange Upbit temporarily suspended trading in Stellar’s XLM token on Tuesday, a precautionary move as the Stellar network readies for its Protocol 23 upgrade. The scheduled modernization, set for Sept. 3, is expected to enhance scalability and accelerate transaction speeds, prompting several exchanges to adopt stability measures during the transition. XLM traded … Read more
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Solana Set for Major Overhaul After 98% Votes to Approve Historic ‘Alpenglow’ Upgrade Ethereum Foundation to Unload Another 10K ETH Following SharpLink Deal ‘OP_CAT Isn’t My Invention. It’s Satoshi’s,’ … Read more
BNB rose nearly 1.5% in the last 24-hour period to test the $860 mark and is at near multisession highs after breaking key resistance zones in the upward move. The move came on unusually strong buying pressure in the most recent hour of trading, according to CoinDesk Research’s technical analysis model. Volume surged to 49,560 tokens, about … Read more
Hedera’s native token, HBAR, showed signs of bullish momentum over the past 24 hours, gaining 3% while weathering moderate market turbulence. Between September 2 at 15:00 and September 3 at 14:00, the digital asset advanced from $0.22 to finish near session peaks, with its trading range spanning 5% of the period’s low. The move came … Read more
Etherealize, a startup developing infrastructure to help Wall Street institutions adopt Ethereum, has raised $40 million in Series A funding, co‑led by Electric Capital and Paradigm. The new capital builds on an earlier grant from Vitalik Buterin and the Ethereum Foundation and will help fund Etherealize’s push to develop zero‑knowledge privacy systems, settlement engines, and … Read more
Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target. Despite a belief that Bullish’s lower fee structure could help it chip away at Coinbase’s (COIN) U.S. market share in the future, the analyst Ed … Read more
AI is stepping onto the trading floor. Not as software, but as an actor. Agents don’t just analyze markets, they strike deals, set terms and move capital across decentralized rails where settlement is final. For institutional crypto desks, that means faster trades, better products and entirely new exposures. Now imagine two agents negotiating a derivatives … Read more
Bitcoin has stormed back in 2025, hitting a new all-time high of over $124,000 in August after a turbulent start to the year. The rally is more than a speculative rebound. It is the manifestation of crypto’s long-promised integration into the global financial system. But unlike earlier cycles, this rally is not lifting the entire … Read more
The World Gold Council may develop a digital form of gold to overhaul London’s $900 billion physical market for the yellow metal, the Financial Times (FT) reported on Wednesday. Each unit of digital gold, or “pooled gold interests” (PGIs), would allow investors to buy a form of fractional ownership in gold bullion. The product will … Read more