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 3837.79, down 0.0% (-1.86) since 4 pm ET on Thursday. Nine of 20 assets are trading higher. Leaders: HBAR (+5.5%) and APT (+3.7%). Laggards: RENDER (-2.6%) and SOL (-2.1%). […]
Societe Generale Conducts Blockchain-Based Repo Transaction With French Central Bank
Societe Generale said it carried out a blockchain-based repurchase agreement with the Banque de France in what it called the first such tokenized transaction with a euro-zone central bank. The lender’s digital assets-focused subsidiary, SG-Forge, deposited as collateral some bonds issued in 2020 on the public Ethereum blockchain in exchange for central bank digital currency […]
Solana Was the Biggest Draw for New Crypto Developers in 2024: Electric Capital
The ranks of cryptocurrency developers held steady in 2024, as some recent entrants left the industry while veterans mostly stuck around, according to a <a href=”httpss://www.developerreport.com/developer-report” target=”_blank”>report</a> released Thursday by Electric Capital. The total developers working in crypto worldwide was basically flat, declining a statistically insignificant 7% from a year earlier, and the number of […]
Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
Activist investor Starboard Value has made a large investment in bitcoin miner Riot Platforms (RIOT) and is pushing for changes in the company’s business model, <a href=”httpss://www.wsj.com/finance/currencies/activist-starboard-value-takes-stake-in-bitcoin-mining-company-riot-82b3796f?mod=hp_lead_pos10″ target=”_blank”>The Wall Street Journal reported</a>, citing people familiar with the matter. Starboard has been pushing Riot to convert some of its bitcoin mining sites into data centers that […]
This Bitcoin Indicator Echoes Early November Vibe That Presaged a 40% Price Explosion
Bitcoin (BTC) traders could be in for another thrilling ride. A key technical indicator that presaged November’s price surge is positioned precisely as it was then, signaling a potential volatility explosion ahead. That indicator is the Bollinger bandwidth, a tool used to gauge impending changes in market jumpiness. For bitcoin, the bandwidth has narrowed to […]
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