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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 3809.52, down 4.3% (-172.06) since 4 p.m. ET on Wednesday. One of 20 assets are trading
Animecoin, the governance token tied to non-fungible token (NFT) project Azuki, has debuted at a fully diluted value (FDV) of $1.2 billion with tokens trading at $0.12 on HyperLiquid. The total supply of the token is set at 10 billion, and holders
Payments-focused cryptocurrency XRP’s short-term outlook appears grim as traditional financial giants do not seem interested in looking beyond BTC and ETH, while price action indicates signs of rally fatigue. On Wednesday, the Chicago Mercantile Exchange (CME) denied its plans to list futures
World Liberty Financial, the decentralized finance (DeFi) project linked to President Donald Trump, plans to buy more of Tron’s TRX token just days after a $2.6 million purchase, according to a person familiar with its plans. The project will buy an additional
Liquid restaking protocol Puffer Finance has announced details of its airdrop campaign, which will see users accrue the newly-launched CARROT token that can be converted to PUFFER at the conclusion of season 2 later this year. Users will accumulate CARROT through activities
Singapore-based cryptocurrency exchange Phemex has said that it is “looking into” reports of a hack after one of its hot wallets was drained for $29 million worth of crypto tokens. Crypto security firm Cyvers reported “multiple suspicious transactions” from the Phemex hot
The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive, and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a report Wednesday. A more favorable regulatory and political backdrop in the U.S., growing
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin and most major cryptocurrencies are weaker after Chicago Mercantile Exchange, a proxy for institutional activity, denied reports of listing futures tied to XRP and SOL. Traditional markets are also holding their breath
Ethereum layer-2 protocols are processing transactions faster than ever, with Coinbase’s BASE at the forefront of this progress. According to data from growthepie.xyz, the cumulative transaction throughput for layer 2s has skyrocketed to 29.64 million gas units per second (Mgas/s), the highest
Bitcoin (BTC), the largest cryptocurrency by market capitalization, is likely to hit record highs on more than 70 days this year, more than triple last year’s number, if the price continues to mirror 2017’s performance. It’s already on the way, hitting $109,000