CoinDesk 20 Performance Update: ICP Drops 5.6% as Index Trades Lower From Tuesday
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 3956.13, down 0.5% (-21.14) since 4 p.m. ET on Tuesday. Three of 20 assets are trading higher. Leaders: SOL (+2.8%) and XRP (+0.2%)....
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Bitcoin-Based Stablecoin USDh Secures $3M in Liquidity
The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have completed a deal to bring around $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica has secured the liquidity, which it says will make it the largest stablecoin on Stacks, through collaboration with...
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Crypto Lender Nexo Introduces $5,000 Minimum Limit to Focus on Wealthy Clients
Crypto trading and lending platform Nexo is set to introduce a $5,000 minimum limit to use its services as the firm evolves into a digital assets wealth manager targeting the mass affluent market. The move, which comes into effect in February, is part of the firm’s 2025 growth strategy...
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TRON’s Price Increased More Than 7% Within 24 hours
TRON’s (CRYPTO: TRX) price has increased 7.12% over the past 24 hours to $0.26. Over the past week, TRX has experienced an uptick of over 10.0%, moving from $0.23 to its current price. As it stands right now, the coin’s all-time high is $0.43. The chart below compares the...
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Bitcoin Whales And Sharks Persist in Large Accumulation Spree Post Trump’s Inauguration
Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic and market conditions. A strong investor interest signals confidence in BTC’s long-term prospects, which often precedes an increase in prices over some time. Whales And Sharks Continuously Fuel Bitcoin Demand Consistent bullish activity has been...
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Streamlining Cryptocurrency Payments For Everyday Shopping As Rezolve Ai And Tether Join Forces
Cryptocurrency payments in retail have long been seen as a futuristic concept, but that future could now be within reach. Rezolve Ai (NASDAQ:RZLV), a leader in conversational commerce, and Tether, the world’s largest stablecoin platform, have teamed up to bring crypto into everyday shopping. By integrating Tether’s Wallet Development...
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Ray Dalio Reveals ‘Little’ Bitcoin Holding, Highlights Need For Alternative Money, But Sees No Central Bank Adoption
Billionaire investor Ray Dalio has disclosed that he owns “a little” Bitcoin (CRYPTO: BTC), although he did not disclose the specific amount. What Happened: In an interview with CNBC in Davos on Wednesday, Dalio stated his Bitcoin holdings are “little, like 1% kind of?” of his portfolio and that...
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Ethereum layer 2 SOON raises $22M via NFT sale for mainnet launch
SOON raised $22 million through an NFT sale to celebrate its mainnet launch, aiming for community-driven growth with fair tokenomics and Solana Virtual Machine integration....
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Dogecoin Sinks After Brief D.O.G.E Pump; SOL, HYPE Lead Crypto Rebound
Dogecoin (DOGE) retraced Tuesday’s gains while Solana’s SOL jumped 8% higher as crypto markets rebounded on Wednesday to reverse some losses from earlier in the week. DOGE fell 7.5% amid profit taking, data shows, to trade at 36 cents in European noon hours, paring gains after a jump from...
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Bitcoin Hashprice Hits One Month Highs, A Bullish Signal for Miners
Hashprice, a metric coined by Luxor that gauges mining profitability, estimates the daily income of miners relative to their estimated contribution to the Bitcoin network’s hash power. In other words, it is the expected value miners can expect from 1 TH/s of hashing power per day. According to Glassnode,...
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