Bitcoin’s surge to an all time high on Thursday evoked mixed reactions from altcoins, with some outperforming the largest cryptocurrency by market cap and others lagging behind. And that’s split along industry lines. Tokens associated with decentralized finance (DeFi) and those from layer-2 blockchains are outperforming as investors transition...

The spot bitcoin exchange-traded funds (ETFs) raked in over $1 billion in inflows on Thursday, marking one of their strongest single-day totals since launch. The surge came as bitcoin broke a new all-time high above $118,000. Leading the pack was BlackRock’s iShares Bitcoin Trust (IBIT), which crossed $80 billion...

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 3513.86, up 5.3% (+176.17) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: HBAR (+13.5%) and ADA (+12.6%). Laggards:...

The Ethereum Foundation has sold 10,000 ether (ETH) to SharpLink Gaming in an OTC deal worth $25.7 million, marking the first time a publicly listed company has directly acquired the token directly from the protocol’s core steward. The transaction was executed at an average price of $2,572.37 per ETH...

Shiba Inu’s (SHIB) month-to-date price rally seems to be setting the stage for a double bottom pattern, a major bullish setup. The joke cryptocurrency has risen 18% this month, its best performance since November, with prices gaining over 7% in the past 24 hours alone, according to CoinDesk data....

The price of PEPE (PEPE) shot up 14% over the last 24 hours, driven by large-scale buying and a broader rebound across the cryptocurrency space that saw bitcoin (BTC) top the $118,000 mark. The token surged from $0.000011141 to $0.000012812, adding fuel to a sector that thrives on online...

BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve. Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved...

By James Van Straten (All times ET unless indicated otherwise) Bitcoin BTC broke through to new highs above $118,000, but still has more to prove. It needs to reclaim records against other major assets such as gold and the British pound to demonstrate that it is outpacing them on...

Filecoin (FIL) exhibited remarkable bullish strength in the last 24 hours, climbing from $2.44 to $2.65 in a decisive 9% advance, according to CoinDesk Research’s technical analysis model. The momentum intensified notably during the 16:00-21:00 timeframe on July 10, as price rocketed from $2.44 to $2.58 amid extraordinary trading...

The attacker who drained over $40 million from GMX’s V1 contracts earlier this week has started returning funds, suggesting they’ve accepted the project’s $5 million white-hat bounty. The first signs came Friday via an on-chain message: “ok, funds will be returned later.” Hours later, over $10.5 million in FRAX...