Author: Admin-aX9d7
Bitcoin’s (BTC) recent uptrend has likely set the stage for a six-figure price mark, catalyzing increased trading activity in the memecoin sector, where DOGE and SHIB are seeing bullish activity.BTC, the leading cryptocurrency by market value, briefly topped $95,000 soon before press time, the highest since March 2, CoinDesk data show. The move comes three days after prices crossed above the Ichimoku cloud momentum indicator, signaling a bullish shift in the market trend.BTC’s daily chart. (TradingView/CoinDesk) Supporting the constructive outlook are the consecutive daily candles with long tails (marked by box), suggestive of buy the dip mentality, and the upward-sloping…
It’s a debate as old as Bitcoin itself: How can the world’s first cryptocurrency achieve true mass adoption? While the Bitcoin community focuses on improving user experience (UX), rolling out custody solutions, battling legislators, and onboarding institutions, core Bitcoin developer and CEO of Synonym John Carvalho has proposed a simpler solution: deprecate satoshis and remove the decimals to “reduce the cognitive load.”Changing satoshi for bitcoin may improve the user experienceIn a Bitcoin Improvement Proposal (BIP) released in December 2024, Carvalho argues that eliminating the term ‘satoshi’ and removing the decimal points by changing satoshi for bitcoin would have a dual…
DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization.The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and buyers, announced its plans in a Form S-3 registration statement filed with the US Securities and Exchange Commission (SEC) on April 25.The filing states that the funds will be used for general corporate purposes, including Solana (SOL) token acquisitions.DeFi Development Corp S-3 filing. Source: SECAccording to the filing, the company may use proceeds from the offering to purchase more Solana, noting:“Solana does…
15h05 ▪ 4 min read ▪ by Luc Jose A. While cryptocurrencies are disrupting the global monetary order and pushing states and central banks to rethink their strategies, Switzerland chooses the path of caution. The Swiss National Bank (SNB), guardian of the country’s economic stability, has firmly rejected the idea of integrating bitcoin into its reserves. This clear stance comes at a time when a citizen initiative is trying to force the adoption of crypto at the highest institutional level. In Brief The Swiss National Bank (SNB) reaffirms its refusal to include bitcoin among its official reserves, despite the global…
In brief Bitcoin’s quadrennial halving happened one year ago, cutting block rewards for miners in half. Bitcoin usually soars one year after the event happens, due to slowing issuance of new coins. Yes, BTC has jumped to a new high—but the percentage growth pales in comparison to past cycles. It’s been one year since Bitcoin had its quadrennial halving event, which usually sends the price soaring.But while it’s true that Bitcoin rose to an all-time high in the months following the latest halving in April 2024, the percentage spike has not been nearly as sizable as in past cycles.Data provider…
Update April 26, 4:28 am UTC: This article has been updated to correct the attribution of comments made during the CNBC Asia interview. References to China’s potential shift from US Treasurys toward gold and crypto were made by the CNBC anchor, not BlackRock’s Jay Jacobs.Central banks worldwide are accelerating their diversification strategies amid rising geopolitical uncertainty, increasingly turning to assets like gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs.In a recent interview with CNBC, Jacobs pointed to a long-term trend where countries have been reducing their reliance on dollar-based reserves in favor of assets…
BlackRock’s iShares Bitcoin Trust (IBIT) will become the world’s largest ETF within 10 years, Strategy Chairman Michael Saylor predicted at the Bitcoin Standard Corporations Investor Day in New York. The bold forecast comes as U.S. spot Bitcoin ETFs recorded $442 million in net inflows on Thursday, pushing Bitcoin above $95,000. IBIT, which currently manages $54.2 billion in assets, would need to surpass the Vanguard S&P 500 ETF (VOO), which holds approximately $573.5 billion. BlackRock’s ETF has demonstrated remarkable momentum, accumulating $1.16 billion in Bitcoin purchases over just three days: $193.5 million on April 22, $643.2 million on April 23, and…
TL;DRThis guide shows you how to set up and use a crypto hardware wallet, using the Trezor Safe 3 as an example. You’ll learn to safely store Bitcoin, Ethereum and other assets offline, with clear steps for wallet setup, seed phrase backup, PIN protection and secure transaction signing. The article also explains how to connect your hardware wallet to MetaMask for use with DeFi platforms and NFTs – all while keeping your private keys offline. Whether you’re comparing the best hardware wallets in 2025 or need a crypto wallet tutorial for receiving and sending funds, this guide has you covered…
When Zach Ingrasci and Chris Temple had the idea to make the documentary film Vitalik: An Ethereum Story, they were actually filming another documentary, and over the course of their filmmaking journey, they ended up capturing both a deeper, human look at the world of crypto and an end product that serves as a use case for the future of crypto filmmaking.When crafting a documentary, filmmakers will typically start with a vision of what they’d like to explore, a vision often saddled with a set of assumptions, only to shatter that vision once filming begins, creating an entirely new direction…
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 2774.43, up 1.5% (+40.48) since 4 p.m. ET on Thursday.Eighteen of 20 assets are trading higher.Leaders: SUI (+13.7%) and BCH (+7.1%).Laggards: POL (-1.9%) and ADA (-0.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.