Crypto Stocks Slump as Bitcoin, Ether Tumble
Bitcoin and ether tumbled Monday as risk-off sentiment permeated global markets. Crypto-related company shares followed suit, with miners slumping and crypto exchange Coinbase losing...
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
$350 million worth of DeFi positions were liquidated during the market sell-off. Aave secured $6 million in revenue from processing on-chain liquidations. One $7.4...
First Mover Americas: Bitcoin Crashes to $50K as ‘Perfect Storm’ Hits Crypto Market
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in...
CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently...
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
This week in prediction markets: Kamala Harris will likely pick Pennsylvania Gov. Josh Shapiro as her running mate. Harris has gained on Donald Trump...
Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren’s Headwinds
A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix...
DePIN and Machine Data Can Change Web3
Over the past decades, machine data has emerged as one of the world’s most valuable assets. From manufacturing and agriculture to transportation and healthcare,...
Is Bitcoin Still a Store of Value?
On days like this, it’s easy to scoff at bitcoin (BTC) – specifically, the claim that the original cryptocurrency is a store of value,...
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Crypto prices rebounded only a bit with bitcoin (BTC) hitting $55,000 during the U.S. trading session Monday after earlier in the day plunging to...