Bhutan is cashing in on crypto, again. The tiny Himalayan nation accelerated sales from its crypto treasury and offloaded over 512.84 bitcoin (BTC), worth $59.47 million, in the past four days, according to blockchain tracking platform Lookonchain, as BTC soared to over
Hedge funds have been aggressively shorting ether (ETH) during the recent uptick to $3,000 as they attempt to harvest a yield by carrying out a basis trade. Hedge funds are shorting ether to the tune of $1.73 billion on the CME, a
Bank of England Governor Andrew Bailey warned global investment banks against developing their own stablecoins, highlighting possible threats to financial stability. Speaking in an interview with The Times, Bailey took a stance that contrasts sharply with U.S. President Donald Trump’s administration’s support
Filecoin (FIL) rose 3.74% to $2.64 in the past 24 hours, forming a distinct uptrend characterized by progressive higher lows, according to CoinDesk Research’s technical analysis model. The rally produced lows at $2.54 and $2.55 that served as reliable support zones, while
Crypto payments platform MoonPay said it has connected to Revolut Pay, allowing users to buy digital assets with a single click from their accounts at Europe’s most valuable startup. The option is aimed at streamlining transactions for U.K. and European customers who
Crypto wallet provider SafePal and decentralized exchange (DEX) aggregator 1inch announced a free hardware wallet giveaway to reward active decentralized finance (DeFi) users while sidestepping the common pitfalls of token airdrops. The program will distribute 300 limited-edition, co-branded hardware wallets to participants
ARK Invest sold $8.64 million worth of Coinbase (COIN) shares late last week as the crypto exchange’s shares pumped to record highs. Cathie Wood’s investment management firm offloaded 5,596 COIN shares from its Next Generation Internet ETF (ARKW) on Friday, worth $2.17
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Looks north; Dealer gamma, Vol and DXY in focus Bitcoin (BTC) just shattered records, surging past $123,000 early Monday, continuing the
Bitcoin (BTC) has surged to new all-time highs above $123,000 and just logged its highest-ever weekly close at $119,500, following another record weekly close the week before. Year to date, BTC is now up around 30%, pulling ahead of gold which has
Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is now among the wealthiest individuals — or group of individuals — on the planet, without ever moving a single dollar of their fortune or revealing any identifying details about themselves. With BTC climbing above $122,000 on