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Shaurya Malwa @ CoinDesk · 12/12/2024 08:26 EDT

Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows

“According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said. Read more ›

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CoinDesk
James Van Straten @ CoinDesk · 12/12/2024 06:09 EDT

Bitcoin Is Leaving Exchanges in Batches of $10M or More: Van Straten

Institutional appetite for bitcoin has grown since Donald Trump won the U.S. election back in November. Read more ›

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CoinDesk
Jamie Crawley, James Van Straten @ CoinDesk · 12/12/2024 05:49 EDT

Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta

HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 12/12/2024 05:05 EDT

This Bitcoin Indicator Echoes Early November Vibe That Presaged a 40% Price Explosion

BTC's range-bound trading might be over soon, according to a widely tracked volatility indicator. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 12/12/2024 04:24 EDT

A Single Pudgy Penguins NFT Now Costs More Than a Bitcoin

The comic penguin collection has become the world’s second most-valued set of NFTs, crossing the $100,000 mark for the first time. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 12/12/2024 01:07 EDT

LINK, AAVE Rocket 30% as Trump’s World Liberty Financial Buys $2M Tokens

The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum. Read more ›

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CoinDesk
Sam Reynolds @ CoinDesk · 12/12/2024 00:02 EDT

Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges

The motion calls for the integration of bitcoin into Vancouver's financial strategies, including establishing a bitcoin reserve. Read more ›

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CoinDesk
Tom Carreras @ CoinDesk · 12/11/2024 14:56 EDT

Bitcoin Going to $200K, Coinbase to Join S&P 500: Bitwise's 10 Predictions for 2025

This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management. Read more ›

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CoinDesk
Marc Hochstein @ CoinDesk · 12/11/2024 14:45 EDT

The Protocol: A Quantum Threat to Bitcoin?

Also: An Ethereum dev's defection to Solana; Polygon's big proving-system flex; crypto's most influential Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 12/11/2024 13:59 EDT

Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates

Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth. Read more ›

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CoinDesk
Tom Carreras @ CoinDesk · 12/11/2024 13:47 EDT

Crypto Doesn’t Care About Cash Flow. That Will Soon Change, Says Pantera Capital

Cosmo Jiang, portfolio manager at Pantera Capital, says that crypto investing will get more fundamentals-oriented as the industry matures. Read more ›

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CoinDesk
Stephen Alpher @ CoinDesk · 12/11/2024 11:50 EDT

Bitcoin Crosses Above $101K as XRP, AI Tokens Lead Crypto Rally Following CPI

Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week. Read more ›

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CoinDesk
Lucas Schweiger @ CoinDesk · 12/11/2024 11:38 EDT

Opening Doors for Banks Under a Trump Administration

Despite the rapidly evolving relationship between traditional finance and cryptocurrency, significant changes are not just based on market dynamics, but also political factors, says Lucas Schweiger. Read more ›

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CoinDesk
Andy Baehr @ CoinDesk · 12/11/2024 11:30 EDT

Bitcoin Celebrates a “Champagne Moment” — What Lies Ahead?

Since the Fed's easing cycle began coupled with the outcome of the U.S. election, digital assets have experienced significant developments, prompting three predictions for the months ahead, says Andy Baehr. Read more ›

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CoinDesk
CoinDesk Indices , Tracy Stephens @ CoinDesk · 12/11/2024 09:45 EDT

CoinDesk 20 Performance Update: RENDER Climbs 13.5% as All Assets Trade Higher

Ethereum Classic (ETC) was among the top performers, gaining 11.3% from Tuesday. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 12/11/2024 08:50 EDT

A Bullish XRP Flag Emerges As $5 Call Options Heat Up: Godbole

XRP's price pattern is teasing a major bullish pattern alongside increased activity in the $5 strike call options on Deribit Read more ›

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