Crypto prices bounced from Monday’s wipeout with bitcoin (BTC) rising as high as $97,300 on Tuesday as traders eyed the latest batch of U.S. inflation data with more to come tomorrow. The largest crypto’s dip below $90,000 yesterday was quickly bought up on reports that Donald Trump is preparing first-day executive orders benefitting the crypto […]
CoinDesk 20 Performance Update: APT and FIL Gain 6.8% as All Assets Trade Higher
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 3447.59, up 4.2% (+139.62) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: APT (+6.8%) and FIL (+6.8%). Laggards: XLM (+1.4%) and DOT (+2.7%). The […]
Company Behind Illicit $24B Telegram Marketplaces Launches Stablecoin
Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services has rolled out its own stablecoin, according to report by blockchain security firm Elliptic. The stablecoin (USDH) was created to “avoid the common freezing and transfer restrictions of traditional digital currencies.” The Huione website adds that “USDH is not restricted by traditional […]
Sony’s Layer-2 Blockchain “Soneium” Goes Live
Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching “Soneium,” a general-purpose blockchain platform. The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneium — technically a layer-2 network […]
Why Investor Protection and Enforcement Still Matters
Until recently, it was “green candle galore” in the crypto markets since Trump’s election win. Bitcoin momentarily broke the all-important $100,00 level, a near 500% recovery from the 2022 Crypto Winter lows, and optimism for crypto is even reaching Congress, where talks of a U.S. National Bitcoin Reserve are gaining serious steam. If stock market […]
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