Since the Iran war began, the market narrative has been simple: the oil spike, inflationary impulse and wider market volatility will be temporary and die down once the conflict halts, allowing central banks to grease the economy and markets with easy money, as they have… Read More
U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,057.54, the largest, above $75,000. The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC),… Read More
The crypto rally is took a pause on Tuesday ahead of Wednesday’s Federal Reserve decision. After briefly topping $76,000 overnight, bitcoin BTC$74,639.11 pulled back to around $74,000 during the U.S. session, modestly higher over the past 24 hours. Crypto stocks mostly booked modest gains, with… Read More
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 2148.63, down 0.9% (-20.59) since 4 p.m. ET on Monday. One of 20 assets are trading higher. Leaders: NEAR… Read More
Bitcoin BTC$74,217.02 has fallen back below $75,000, highlighting the fragility of its early Asian session rally to six-week highs. Prices rose to $75,912 early Tuesday, the highest since Feb. 4, according to CoinDesk data. 10x Research pointed to activity in the derivatives market as the… Read More
Artificial intelligence-linked cryptocurrencies extended their surge Monday after Nvidia CEO Jensen Huang laid out the company’s vision for the next phase of AI infrastructure during his keynote at Nvidia’s GTC developer conference. Among the big movers were AI-focused blockchain NEAR$1.5015, climbing more than 10% over… Read More
