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 2982.19, down 0.6% (-17.53) since 4 p.m. ET on Wednesday. Three of 20 assets are trading higher. Leaders: BCH (+2.7%) and ETH (+0.5%). Laggards: SUI (-4.6%) and HBAR (-3.5%). […]

Cryptocurrency exchange giant Kraken introduced a blockchain-powered global money app called Krak that allows users to instantly transact across borders for almost no cost, while also earning competitive rewards on their account balances. Krak is designed to fix the outdated norms of legacy finance, Kraken said, blending crypto technology with the exchange’s trusted network of […]

A blank-check company backed by former Blackstone dealmaker Chinh Chu and Tether co-founder Reeve Collins is looking to raise $1 billion to build a publicly traded cryptocurrency treasury firm, Bloomberg reported citing sources familiar with the plans. The vehicle, M3-Brigade Acquisition V, plans to rebrand and use the cash to buy a basket of tokens […]

Crypto whales looking to trade large orders in Solana’s SOL SOL, dogecoin DOGE and XRP XRP might want to consider new research by Coingecko, which shows Bitget as the industry leader in altcoin liquidity, outpacing Binance. “CEX [centralized exchange] liquidity for the top 5 major crypto assets is generally healthy across various market depths, with […]

Digital asset infrastructure firm Taurus, whose clients which include Deutsche Bank and State Street, has launched the first private stablecoin contract, targeting financial institutions and businesses who have been hesitant to use stablecoins for privacy concerns. Built on Aztec Network, a privacy-focused Ethereum layer-2 backed by a16z, the contract combines zero-knowledge privacy with compliance features […]

Stablecoin-focused payments platform Rain has teamed up with Toku, a compliance provider for digital asset compensation, to bring real-time stablecoin payroll to global employers. The system allows companies to fund and settle payroll in stablecoins instantly and across borders, while meeting local labor and tax laws in more than 100 countries, the company said. At […]

By Omkar Godbole (All times ET unless indicated otherwise) Slowly, then suddenly. That sums up the adoption of bitcoin (BTC) and the wider cryptocurrency market by institutions. It started with Strategy, then called MicroStrategy, adopting BTC as a balance sheet asset in 2020. Now the head of the U.S. government agency overseeing Fannie Mae and […]

Bitcoin’s BTC illiquid supply has surged to 14.37 million BTC, jumping from 13.9 million BTC at the start of 2025, according to Glassnode data. With bitcoin’s current circulating supply standing at approximately 19.8 million, this means over 72 percent of all mined BTC is now classified as illiquid. Illiquid supply refers to the portion of […]

Pepe (PEPE) PEPE, one of the most prominent meme coins, is struggling to hold investor interest, falling 4.7% over the past 24 hours to $0.000009499, according to CoinDesk Research’s technical analysis model. As for the broader memecoin sector, the CoinDesk Memecoin Index is down 3.87% in the past 24-hour period. The token’s sharp decline marks […]

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC price chart is showing a well-formed “bull flag,” suggesting a potential breakout to new lifetime highs consistent with some traders’ expectations for a price rally to $140,000 and higher. BTC surged to a record high of nearly $111,900 […]