Progress on the stablecoin bill in the U.S. could lead to a multi-year crypto bull market, asset manager Bitwise said in a report Tuesday. The Senate agreed to advance the GENIUS Act to a final vote on Monday, the report noted, which means that the U.S. could pass its first piece of crypto legislation this … Read more
Bitcoin (BTC) project Roxom Global is building a BTC-denominated securities exchange and a 24/7 media network dedicated entirely to bitcoin. Roxom has raised $7.9 million in investment for its exchange from Draper Associates, Borderless Capital, ego death and Kingsway Capital and $10 million in a private funding round for RoxomTV, according to an announcement shared … Read more
The skalds of Bitcoin Twitter have sung of the historic moment, the “first real world purchase” with bitcoin, and pundits have etched the story into the internet’s memory with headlines about the infamous Bitcoin Pizza Purchase, now dearly valued at more than $1 billion. But what if I told you that Hanyecz spent nearly 10 … 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 3347.55, up 4.5% (+143.83) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: AVAX (+11.2%) and NEAR (+7.9%).Laggards: SUI (+2.4%) and XRP (+2.5%). The CoinDesk … Read more
BNB’s impressive 24-hour rally showcases the growing strength of the Binance ecosystem amid broader crypto market optimism. The token’s upward momentum coincides with Bitcoin’s approach toward new all-time highs and increased activity across the BNB Chain, which recently recorded over 8 million daily transactions and 2 million active wallet addresses. Technical indicators remain bullish for … Read more
FIFA, football’s global governing body, plans to use Avalanche’s network to power its own dedicated layer-1 blockchain. The FIFA Blockchain is an Avalanche L1, a customizable blockchain that uses Avalanche’s technology (also previously known as a subnet). The news comes as the Avalanche network recently went through its major Avalanche9000 upgrade, aimed at attracting new … Read more
Bitcoin (BTC) miner MARA Holdings (MARA) will provide 500 BTC to broker Two Prime for generating yields, the companies said on Thursday. The deal will enhance the existing partnership between the two crypto firms, the SEC-registered Two Prime has provided bitcoin-backed loans to MARA. Recently, MARA announced its first-quarter results which missed Wall Street-estimates. However, … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC surpassed Wednesday’s record to reach an all-time high of $111,875 in the early hours of Thursday, according to the CoinDesk Bitcoin Price Index, as traditional financial markets contended with rising bond yields and renewed concerns over ballooning U.S. debt. The largest cryptocurrency has gained … Read more
Bitcoin’s BTC dollar high succumbed on Thursday as the largest cryptocurrency rose past $111,800, a remarkable 50% gain from its April low near $75,000, but when measured against traditional stores of value like gold and silver, BTC — often dubbed “digital gold” — still has room to advance. The bitcoin-to-gold ratio stands at 33.27 ounces, … Read more
A single trader has opened a massive $1.1 billion notional long position on bitcoin (BTC) using 40x leverage on the onchain decentralized exchange (DEX) Hyperliquid, a rare instance of a ten-figure position being open entirely on a blockchain-based platform. The trade is tied to wallet address “0x507,” belonging to pseudonymous trader “James Wynn” on the … Read more
