David Balland, co-founder of cryptocurrency wallet developer Ledger, was rescued in a police operation after being kidnapped in a ransom attack in France, according to reports, putting an end to days of swirling rumors. Paris Prosecutor Laure Beccuau said that Ballard and his wife were kidnapped on early Tuesday from their home in Central France … Read more
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 3991.46, up 2.5% (+97.0) since 4 p.m. ET on Thursday. Nineteen of 20 assets are trading higher. Leaders: HBAR (+8.0%) and SOL (+4.8%). Laggards: ETC (-0.1%) and BTC (+0.4%). … Read more
What if you could put up your bitcoin (BTC) or ether (ETH) as collateral to buy a house? That’s essentially the idea behind real estate firm Propy’s upcoming sale, a condominium located in Honolulu, Hawaii, which is being sold at a starting price of $250,000. If they so choose, the prospective buyer will be able … Read more
Some $7.8 billion worth of bitcoin (BTC) options expire at the end of the month and, with the largest cryptocurrency trading well above the so-called max pain point, it’s possible market makers looking to maximize their profits will try to force it lower in the coming days. Data from Deribit, the largest decentralized options exchange, … Read more
Large bitcoin (BTC) holders, commonly known as whales, are back purchasing more of the asset after a lull period in early January and a bout of profit-taking, CryptoQuant data shows. The monthly percentage growth of the bitcoin holdings of large investors has accelerated from -0.25% on January 14 to +2% on January 17, the highest … Read more
By James Van Straten (All times ET unless indicated otherwise) The past 24 hours have been among the most hectic in the crypto industry for years, and this was reflected in Thursday’s bitcoin (BTC) price, which whipsawed 2% to 3% multiple times in a matter of minutes. Still, it managed to stay above the psychological … Read more
The analyst who wrote this piece owns shares of Semler Scientific (SMLR). Medical-devices maker Semler Scientific (SMLR) tumbled as much as 15% after the close of U.S. trading on Thursday after saying it plans to sell $75 million of convertible senior notes and will use some of the funds to add to its bitcoin (BTC) … Read more
Singapore and Thailand recently moved to ban Polymarket from their respective jurisdictions, arguing that the site was just another gambling platform. On the surface, that argument seems logical. Polymarket’s inclusion of sports prediction markets makes it seem like a competitor to licensed sportsbooks around the world. After all, even prediction market’s harshest critics acknowledge that … Read more
Crypto venture capital (VC) funding is expected to recover this year as regulatory clarity and more crypto-friendly policies emerge during the tenure of President Donald Trump, JPMorgan (JPM) said in a research report Wednesday. The Wall Street bank noted that venture funding for the industry has been subdued in recent years. This may have been … Read more
Shaurya Malwa Shaurya 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 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, … Read more