With Crypto Rally in Full Swing, Ethena Sees $1B in Inflows and Double-Digit Yields Return
Ethena has experienced a remarkable resurgence, driven by a combination of rising perpetual funding rates and the broader crypto market rally, setting the stage for further growth in the coming…
Bitcoin Sets New All-Time High of $94,000 as ETF Options Trading Kicks Off
Bitcoin (BTC) surged to a new all-time high on Tuesday, surpassing $94,000, as the launch of spot Bitcoin exchange-traded fund (ETF) options gained traction, signaling heightened interest and engagement from…
Trading Frenzy Fuels Wild Swings in ‘Eliza’ AI Tokens
In a whirlwind of trading chaos, two tokens sharing the same name, ELIZA, sparked a fierce battle for dominance in the cryptocurrency market. While the future of artificial intelligence (AI)…
CoinDesk 20 Index Moves Up, Fueled by HBAR’s 13.3% Gain Since Monday
CoinDesk 20 Market Snapshot: HBAR Leads with 13.3% Surge, Render Rises 5.1% The CoinDesk 20 Index is currently at 2953.43, up by 0.3% (+7.54) since 4 PM ET on Monday.…
First Mover Americas: The Launch of Bitcoin ETF Options Could Mark a Significant Change.
Crypto Market Update – November 19, 2024 This article appears in First Mover, CoinDesk’s daily newsletter, providing context to the latest price movements in the cryptocurrency market. Subscribe to receive…
JPMorgan: Bitcoin Mining Economics Strengthened During Early November
Bitcoin mining profitability experienced a significant boost in early November, with hashprice rising 29% since October’s close, according to a recent JPMorgan report. The surge in hashprice—an indicator of miner…
MARA Holdings Increases Size of Convertible Notes Offering by $150M Amid Exceptional Investor Demand.
MARA Holdings Upsizes Convertible Notes Offering to $850M, Eyes Bitcoin Expansion and Debt Repayment MARA Holdings (NASDAQ: MARA), the second-largest publicly traded bitcoin holder, has boosted its planned convertible note…
SOL Looks to Outperform BTC as Solana-Based DEXs Achieve $41B in Record Trading Volume: Godbole
Solana (SOL) is gaining momentum, showing signs of outpacing Bitcoin (BTC) as its trading volumes soar and technical indicators turn bullish. SOL/BTC Technical Breakout Signals a Bullish Shift The SOL/BTC…
Donald Trump’s Media Venture Eyes Bakkt in Possible Crypto Exchange Deal
Trump Media Group Nears All-Stock Deal to Acquire Crypto Exchange Bakkt Trump Media and Technology Group (TMTG), the parent company behind Truth Social, is in advanced talks to acquire the…
Ether’s Fall from Favor: What’s Driving the Shift?
limiting its immediate impact on ether’s price performance. Despite these challenges, ETH could still benefit from bitcoin’s strength. A continued rally in BTC might pull ETH higher, potentially pushing it…