November was a monumental month for the crypto market in terms of performance, activity, politics and sentiment, JPMorgan (JPM) said in a research report Monday. “President-elect Donald Trump’s reelection triggered a historic rally and jump in market caps across the crypto ecosystem,” analysts led by Kenneth Worthington wrote. This included tokens, decentralized finance (DeFi), stablecoins … Read more
<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 3857.2, down 3.7% (-150.02) since 4 pm on Friday. One of 20 assets are trading higher. Leaders: XRP (+1.3%) and LINK (-0.1%). Laggards: FIL (-13.0%) … Read more
Bitcoin inscriptions project OrdinalsBot has minted what it says is the largest file ever on the oldest and most valuable blockchain: the last in a collection of 1,500 "Pizza Ninjas." It's part of a phenomenon in the Bitcoin development community known as "four meggers," which are files that take up an entire block on the … Read more
Movement, an Ethereum layer-2 network that was built using MoveVM, issued its native token on Monday with a portion of the tokens being airdropped to early users and community members. MOVE is currently trading at 61 cents representing a $1.3 billion market cap on the back of $441 million worth of trading volume in the … Read more
Crypto markets started the week in the red as bitcoin (BTC) slumped during the European morning hours after having briefly crossed the $100,000 level. BTC fell 2% from its six-figure landmark causing a dive across majors. XRP, dogecoin (DOGE) and Solana’s SOL fell as much as 5.5%, with BNB Chain’s BNB and ether (ETH) down … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has begun the week on a negative note, with bitcoin (BTC) lower after a weekend spent wrestling with the $100,000 mark amid reports that Amazon shareholders are pushing for an allocation to the cryptocurrency. The persistent indecisiveness since Dec. 5 amid increased retail … Read more
DeFi protocol Radiant Capital has attributed a $50 million exploit it suffered in October to North Korean hackers. According to a report published on Dec. 6, the attackers started laying the groundwork for the Oct. 16 attack in mid-September, when a Telegram message from what appeared to be a trusted former contractor was sent to … Read more
When assets surge to lifetime highs or multimonth peaks, traders are often faced with the challenge of identifying key resistance levels, the price targets where the market could next take a breather. That’s precisely the situation facing bitcoin (BTC) and XRP (XRP) traders. Bitcoin, the leading cryptocurrency by market value, is trading at record highs … Read more
Ripple CEO Brad Garlinghouse in an interview with 60 Minutes, said that the 2024 election was a “major victory” for crypto as the majority of Fairshake, a crypto political action committee (PAC), backed candidates, won their seats. And this was a non-partisan effort, as crypto, itself is non-partisan, he argued, pointing to the cross-aisle support … Read more
Amazon’s (AMZN) shareholders are urging the company to take a page from MicroStrategy’s (MSTR) playbook by diversifying its reserves into bitcoin (BTC) to beat inflation and boost shareholder value. “Though bitcoin is currently a volatile asset – as Amazon stock has been at times throughout its history – corporations have a responsibility to maximize shareholder … Read more