The week has begun on an interesting note, with the U.S. dollar crashing to three-year lows alongside losses on Wall Street, yet bitcoin, which usually follows the sentiment on Wall Street, stands tall. This could just be the beginning. The shift away from the USD and toward seizure and censorship-resistant assets like BTC and stablecoins […]

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 2538.74, up 3.0% (+74.8) since 4 p.m. ET on Friday. Nineteen of 20 assets are trading higher. Leaders: NEAR (+11.7%) and APT (+8.7%). Laggards: BCH (-0.5%) and XRP (+1.9%). […]

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) recent range play resolved bullishly early Monday, shifting focus to the $90,000-$92,000 range, which was previously a strong support zone. The leading cryptocurrency by market value rose past $87,000, convincingly breaking out of a week-long consolidation between $83,000 […]

Bitcoin (BTC) outshined the otherwise volatile alternative cryptocurrencies early Monday as the dollar index crashed to a three-year low on reports that President Donald Trump is exploring ways to remove the Federal Reserve Chairman Jerome Powell. BTC rose over 2% to $87,200, hitting the highest since April 2, according to data source CoinDesk. The move […]

Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can expect per unit of computing power, denoted by per petahash (PH/s). It can be denominated […]