Ripple’s RLUSD Approaches $1B as XRP Slides – Why $BEST Could Be the Smarter Bet
Quick Facts: 1️⃣ Ripple locks another 4M $XRP in escrow to stabilize supply as prices dip below $3. 2️⃣ $RLUSD stablecoin nears the $1B mark following Ripple’s Bahrain expansion. 3️⃣ The focus on crypto is shifting from price speculation to real-world utility and infrastructure. 4️⃣ Wallet tokens like $BEST...
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$21M Crypto Theft on Hyperliquid Tied to Private Key Leak: PeckShield
Blockchain security firm PeckShield reported Friday that a wallet suffered a devastating loss of roughly $21 million worth of crypto assets on Hyperliquid, a decentralized trading platform. According to PeckShield, the theft stemmed from a private key compromise, allowing an attacker to drain the victim’s funds in a single...
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Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Bernstein
A tightening U.S. power grid is driving bitcoin (BTC) miners and AI developers into closer alignment, according to Wall Street broker Bernstein. Soaring demand from AI and digital workloads has made grid access one of the biggest constraints on new data center growth, with interconnection timelines stretching to seven...
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Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT
Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a report by the New York Times on Friday. The company will now allow users in over 140 countries to place bets, marking its...
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Bitcoin Price Bounce Meets Bearish MA Configuration, Risk-Off Hints From Key ETFs
This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) bounced back to around $121,500 after dipping below $120,000 late Thursday. Further gains may be difficult to achieve or could prove short-lived for two reasons. First, momentum indicators on short-term charts have turned...
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CoinDesk 20 Performance Update: Litecoin (LTC) Surges 11.9% as All Constituents Rise
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 4183.36, up 1.1% (+45.17) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: LTC (+11.9%) and NEAR (+10.9%). Laggards:...
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Aurelion Treasury launches Nasdaq’s first Tether Gold-backed fund
The move marks the debut of Nasdaq’s first Tether Gold-backed corporate treasury, which will be established via a $150 million financing round....
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Interview | Quantum computing threat is already here: Naoris Protocol CEO
David Carvalho, Founder and CEO of Naoris Protocol, explains that state actors are already ready to use quantum computing for attacks. The quantum computing threat is no longer theoretical. State actors across the globe are already positioning themselves to use…...
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Bitcoin holders move 14,217 BTC from long-dormant wallets
Dormant Bitcoin wallet activations may influence market dynamics, reflecting strategic shifts by long-term holders amid price volatility. The post Bitcoin holders move 14,217 BTC from long-dormant wallets appeared first on Crypto Briefing....
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Crypto Price Analysis October-10: ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed the week with a 3% loss after buyers were unable to keep the price above $4,500. This level also acts as a key resistance. Since sellers have the upper hand, they...
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