Pudgy Penguins to Release a Token Called PENGU
A heavyweight from the once-hot NFT era is now getting into the cryptocurrency issuance game.Pudgy Penguins launched three years ago as a set of 8,888 NFTs depicting colorful and comical…
FOMO Traders Beware, BTC’s ‘High-Wave’ Price Action Points to Confusion
Traders looking to impulsively take exposure to bitcoin (BTC) at record prices due to the "fear of missing out" (FOMO) should note that the market now looks notably confused, a…
Crypto Futures Record $1 Billion Liquidations
Shaurya MalwaShaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000…
Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi
Bitcoin (BTC) reached an all-time high above $100,000 earlier this week as a number of tailwinds fueled a post-U.S.-election rally in the world's largest cryptocurrency, Citi (C) said in a…
Ether (ETH) Exchange-Traded Funds See Record Inflows as Bitcoin (BTC) ETFs Also Gain
Net inflows into U.S. spot ether (ETH) exchange-traded funds (ETFs) have picked up in the past five days, with Thursday seeing a record $428.5 million.The inflow was dominated by BlackRock's…
It’s Glass Half Full Despite Record Short Bitcoin ETF Volume
By Omkar Godbole (All times ET unless indicated otherwise)You know how it feels when you're watching a match, both teams score and you end up with a draw? So, that's…
Bitcoin Price (BTC) Rises After Strong U.S. Employment Data
The U.S. employment picture rebounded in November after weak data in October that was probably affected by hurricanes in the southeast.Nonfarm payrolls rose by 227,000 last month, according to the…
U.S. FDIC Told U.S. Banks to Lay Off Crypto, Letters Obtained by Coinbase Reveal
Crypto banking activity was paused or prevented by the Federal Deposit Insurance Corp. at a large number of U.S. banks in 2022, according to communications pried loose by a research…
CoinDesk 20 Performance Update: DOT Falls 5.1% as Index Declines From Thursday
<a href="https://www.coindesk.com/indices/" target="_blank">CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href="https://www.coindesk.com/indices/cd20/" target="_blank">CoinDesk 20 Index</a>.The CoinDesk 20 is currently trading at 3830.63,…
Ether (ETH) Price Surges Above $4,000 as Coinbase (COIN) Premium Rises
The price of Ethereum's ether (ETH) broke above the $4,000 mark on Friday for the first time since March.The second-largest cryptocurrency is up 2.4% in the last 24 hours and…