Crypto traders holding XRP XRP and dogecoin DOGE can now tap into yield-generating decentralized finance (DeFi) opportunities on Base, the layer-2 blockchain from digital assets exchange Coinbase (COIN). On Wednesday, the Nasdaq-listed exchange said the wrapped versions of the two tokens, called cbXRP and cbDOGE, were live on Base. These wrapped tokens are backed 1:1 […]
Asia Morning Briefing: Vitalik’s Plan Can Bring ETH to $3,000 and Crypto ‘More Popular’ Than Stocks in Korea
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Macro Events and Vitalik’s Bold Plan to 10x Ethereum Layer 1 […]
The Protocol: Berachain Follows Ethereum’s Pectra Upgrade With ‘Bectra’
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Berachain Taps Ethereum’s Pectra Playbook With ‘Bectra’ Upgrade Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring Elon Musk Announces ‘Bitcoin-Style’ XChat, But Tech Experts […]
Cardano Stages V-Shaped Recovery as Price Swings 4%
The cryptocurrency market continues to navigate choppy waters as global economic factors create ripple effects across digital assets. Cardano’s native cryptocurrency, ADA ADA, demonstrated resilience, forming a V-shaped recovery pattern after finding strong support at $0.684 with significant buying volume overnight, according to CoinDesk Research’s technical analysis model. This recovery comes amid broader market uncertainty […]
CoreWeave Stock Soars on $7B Data Center Deal With Applied Digital
CoreWeave’s (CRWV) stock surged 25% on Tuesday and climbing another 5% pre-market, bringing its year-to-date gains to a staggering 276%, following news of a $7 billion infrastructure deal with Applied Digital. The AI cloud-computing startup signed two 15-year lease agreements with Applied Digital for 250MW of IT load at the Ellendale, North Dakota data center […]
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