CoinDesk 20 Performance Update: Solana (SOL) Gains 4.1% as Index Trades Higher
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 4134.18, up 0.5% (+21.8) since 4 p.m. ET on Tuesday. Six of 20 assets are trading higher. Leaders: SOL (+4.1%) and BCH (+2.7%)....
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Hut 8 Maps ‘Path to Monetization’ of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark
Hut 8 (HUT) is set to spin out most of its bitcoin (BTC) mining operations into American Bitcoin (ABTC) within the next week, a move that Benchmark analyst Mark Palmer said could re-rate the company’s shares. Yesterday, Hut 8 unveiled plans to develop 1.53 gigawatts (GW) of new capacity...
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Aave Labs Debuts Horizon to Let Institutions Borrow Stablecoins Against Tokenized Assets
Aave Labs has launched Horizon, its new platform dedicated to institutional borrowers to access stablecoins using tokenized versions of real-world assets (RWAs) like U.S. Treasuries as collateral. At launch, institutions will be able to borrow Circle’s USDC, Ripple’s RLUSD and Aave’s GHO against a set of tokenized assets, including...
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Swarm Network raised $13M to facilitate decentralized AI
Decentralized AI project Swarm Network has raised $13 million, including $10 million through NFT-based agent licenses and $3 million from strategic investors....
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Is Bitcoin A Buy Below $110,000? See Why “Mr. Wonderful” Kevin O’Leary Prefers Investing In Bitcoin Infrastructure
“Shark Tank” investor and entrepreneur, Kevin O’Leary. Used with permission. Bitcoin has dipped below $110,000 as macro conditions cool its recent all-time run, which topped $124,000 per coin earlier this month. Even at current levels the price is up more than 40% over the past six months and more...
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XRP price prediction: This chart pattern signals a major breakout
XRP is facing a breakout due to an ever tightening symmetrical triangle pattern on the price charts, according to this XRP price prediction....
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BTC Profit-Taking Hits Record Highs Beyond 2021: Should Investors Be Concerned?
Bitcoin long-term holders (LTHs) have booked profits at an almost unprecedented level, outpacing even the 2021 bull market in realized gains. On-chain data shows long-term holders have offloaded more BTC this cycle than at any point except the frenzied peak of 2017, adding weight to warnings that the number...
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Hyperliquid whales net $48M on 200% XPL rally, amid manipulation allegations
Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally....
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Chainlink Vs. XRP Battle Heats Up As Bitwise Files For LINK ETF
The race for crypto ETFs is intensifying as two tokens, Chainlink (LINK) and XRP, come under scrutiny. Crypto asset manager Bitwise officially submitted paperwork with the U.S. Securities and Exchange Commission (SEC) on Tuesday, seeking to launch a Bitwise Chainlink ETF that provides investors with direct exposure to LINK,...
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Cronos jumps nearly 50% on Trump Media and Crypto.com treasury deal
The partnership could significantly boost Cronos’ market presence, but scrutiny over Crypto.com’s practices may impact long-term trust. The post Cronos jumps nearly 50% on Trump Media and Crypto.com treasury deal appeared first on Crypto Briefing....
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