Month: January 2025

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 3254.32, down 1.8% (-60.38) since 4 p.m. on Friday. Three of 20 assets are trading higher. Leaders: SOL (+2.5%) and APT (+0.8%). Laggards:...

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) MicroStrategy, the self-described bitcoin (BTC) development company, increased its holdings of the largest cryptocurrency for the eighth consecutive week. The company, which already holds more bitcoin than any other publicly traded company, bought another 2,138 BTC for...

Crypto scammers have finally found their thieving match: Themselves. A new scam has been making the rounds mainly on YouTube that would make even the most cunning trickster tip their hat, security firm Kaspersky said in a security update last week. “I have USDT stored in my wallet, and...

The U.S. is likely to hit the maximum it’s legally allowed to borrow at some point between Jan. 14 and Jan. 23, Treasury Secretary Janet Yellen said in a Friday letter to the speaker of the House of Representatives, Mike Johnson. After that, the Treasury will take “extraordinary measures”...

Layer-1 blockchain HyperLiquid, known for its decentralized derivatives exchange, opened up native staking for holders of its HYPE token, according to a Monday post on X. Stakers can select which validator to stake tokens with and will accrue rewards in return for securing the network. At launch, HyperLiquid staked...

Bitcoin (BTC), the world’s largest cryptocurrency, is likely to reach new highs next year and will “test or best” $185,000 in the fourth quarter of 2025, Galaxy Research said in a report last week. Ether (ETH), the second-largest crypto, is predicted to rise above $5,500 in the next 12...

XRP led crypto losses on the second-last day of this year as a stronger dollar weighed down global currencies and assets including bitcoin, with Asian equity markets sliding lower on Monday. XRP sunk more than 5% in the past 24 hours, with dogecoin (DOGE), Solana’s SOL, ether (ETH) and...

Terraform creator Do Kwon will be extradited to the U.S., Montenegrin Justice Minister Bojan Božović said Friday. The U.S. and South Korean governments have both sought to take custody of Kwon to face criminal charges related to the collapse of the algorithmic stablecoin Terra/Luna system in 2022, which kicked...

The dominant crypto narrative for 2024 has been institutional adoption. From the U.S. approval of spot bitcoin (BTC) exchange-traded funds to the burgeoning number of companies pledging to buy the largest cryptocurrency for their treasuries, crypto has entered, more than ever before, the mainstream conversation. Bitcoin has increased almost...

Stalled bitcoin (BTC) and crypto prices may not be bringing festive cheer to traders, but some with money are trying to spread the goodwill around. Ethereum co-founder Vitalik Buterin said he’d accepted an invitation to be the “adoptive father” of pygmy hippo Moo Deng when she grows up. He...