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 3310.92, up 0.2% (+5.24) since 4 p.m. ET on Tuesday. Fourteen of 20 assets are trading higher. Leaders: AAVE (+6.9%) and LTC (+3.7%). Laggards: XRP (-1.2%) and SUI (-1.2%). … Read more
“Debanking” has become a buzzword in Washington lately. The term refers to a controversial practice where crypto companies and other businesses have been cut off from banking services, allegedly due to pressure from federal regulators. Many in our industry have dubbed this “Operation Chokepoint 2.0,” comparing it to a previous Obama-era initiative that discouraged banks … Read more
The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often trigger continued selling and more downward price … Read more
The ransomware business took a hit in 2024, with payments falling 35% year-over-year, according to a new report from Chainalysis. Though the number of ransomware attacks increased in 2024, ransomware gangs made less money, pulling in $814 million compared to 2023’s record-high sum of $1.25 billion. The blockchain analytics firm attributes the decline to a … Read more
Gold (XAU) is reaffirming its status as a safe haven asset amid ongoing fears of a U.S.-led trade war, while bitcoin (BTC) struggles to gather upside traction. The dynamic is driving the bitcoin-gold ratio lower. The ratio between bitcoin’s USD price and gold’s per ounce dollar price has dropped to 34, the lowest since Nov. … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has turned somber, with major cryptocurrencies such as bitcoin (BTC), ether (ETH), solana (SOL), Binance coin (BNB) and chainlink (LINK) trading as much as 3% lower, amid frustration over the slow progress on the creation of a U.S. strategic BTC reserve and signs … Read more
U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETFs) have seen a 175% year-over-year increase in almost the first three weeks of trading. In 2025, from Jan. 13 to Feb. 5, net inflows equaled $4.4 billion, while the 2024 net inflows for the first three weeks equaled $1.6 billion. The spot bitcoin ETFs were one of the … Read more
Crypto exchange Bullish Global is considering selling shares to the public for the first time at some point during 2025, Bloomberg reported, citing people familiar with the matter. The company, which owns CoinDesk, is working with Jefferies Financial Group on the potential listing, Bloomberg said. Talks of an initial public offering (IPO) comes as the … Read more
The XRP Ledger (XRPL) was briefly unavailable early Wednesday as a consensus mechanism design led to a temporary halt in network operations. The incident began when the network’s consensus process appeared to function, but validations were not being published, causing the network’s ledgers to “drift apart.” In the XRP Ledger, consensus among validators is crucial … Read more
The Bitcoin network hashrate, a proxy for competition in the industry and mining difficulty, rose slightly in January, Wall Street bank JPMorgan (JPM) said in a research report on Monday. The monthly average network hashrate rose 1% to 785 exahashes per second (EH/s), the bank noted, while mining difficulty fell 2% month-on-month. The month-end, weekly … Read more