Crypto asset manager Hashdex filed an amendment with the U.S. Securities and Exchange Commission (SEC) seeking to add litecoin (LTC) and XRP among other cryptocurrencies to its Nasdaq Crypto Index US ETF. The proposal also lists cardano’s ADA, solana’s SOL and other altcoins including LINK, AVAX and UNI. The fund is currently mostly bitcoin (BTC) … Read more
After the success of crypto-based platform Polymarket trading venue Robinhood (HOOD) is now opening a prediction market on its platform, available through CFTC-regulated exchange Kalshi, the company said, with contracts rolling out today. The company’s prediction markets hub will allow customers to bet on event outcomes, the HOOD announced in a press release. It’s another … Read more
Who created Bitcoin? More than 16 years ago, on Halloween Day of 2008, an entity by the name of Satoshi Nakamoto sent out the whitepaper for a peer-to-peer electronic cash system to a cypherpunk email list. Bitcoin launched shortly thereafter; it quickly spawned a global cultural movement and a multi-trillion dollar industry. Benjamin Wallace wrote … Read more
Grassroots support for two bitcoin improvement proposals (BIP) appears to be emerging for Bitcoin’s next soft fork, centered around two candidates: BIPs 119 and 348. BIPs are the formal method for discussion of proposed changes to Bitcoin. Theoretically, if a BIP gains sufficient widespread support, it will be added to Bitcoin, by way of a … Read more
The Bitcoin network hashrate rose 2 exashashes per second (EH/s) in the first two weeks of March, to an average of 811 EH/s, Wall Street bank JPMorgan (JPM) said in a research report Monday. JPMorgan noted that U.S.-listed miners maintained their share of the network hashrate at around 30%. The hashrate refers to the total … Read more
Bitcoin (BTC) investors are looking to move past four consecutive Monday losses. Over the past few weekends, the largest cryptocurrency has experienced significant price volatility, driven by macroeconomic uncertainty including geopolitical tensions, tariffs and rising global bond yields. The weekend nervousness appears to have carried over into Mondays. Data from Velo shows the over the … Read more
Strategy (MSTR) marginally added to its massive bitcoin (BTC) holdings, selling a modest amount of its preferred stock (STRK) to fund the acquisition. The company last week purchased 130 bitcoin for roughly $10.7 million, or an average price of $82,981 each, according to a Monday morning filing. The so-called “BTC yield” is 6.9% year-to-date, according … Read more
Francois Villeroy de Galhau, a member of the European Central Bank (ECB) Governing Council and governor of the Bank of France, has said embrace of cryptocurrency in the U.S. risks triggering the next financial emergency. The U.S. “risks sinning through negligence,” Villeroy said in an interview with French newspaper La Tribune Dimanche. “By encouraging crypto-assets … Read more
Investors are fleeing digital assets as risky investments lose their popularity amid growing geopolitical and economic uncertainty. Globally, digital asset funds lost $1.7 billion last week alone, according to a report from CoinShares, taking the total outflow over five weeks $6.4 billion. In the U.S., bitcoin (BTC) exchange-traded funds (ETFs) logged the longest streak of … Read more
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 2627.46, down 1.3% (-35.83) since 4 p.m. ET on Friday. Eight of 20 assets are trading higher. Leaders: DOT (+4.4%) and APT (+3.1%). Laggards: SOL (-3.9%) and SUI (-3.2%). … Read more
