Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy
Memecoins undoubtedly capture a big slice of crypto observers' attention — even if not everyone is a fan. But data shows they're gobbling up a growing amount of the crypto…
Bitcoin (BTC) Price Crashed Below $94K in Sudden Plunge From Record Perch Around $100K
Bitcoin's (BTC) price plunged below $94,000 late Thursday in rapid retreat from its newfound all-time high around $100,000.There was no immediately obvious reason for the drop.CoinDesk Indices data, which incorporates…
Trump Names David Sacks as ‘AI and Crypto Czar’
President-elect Donald Trump has named David Sacks as the White House's AI and Crypto Czar, announcing the appointment in a TruthSocial post Thursday night."David will guide policy for the Administration…
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…