Polkadot (DOT) Gains 2.1% as Index Moves Higher

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 4045.46, up 0.5% (+21.74) since 4 p.m. ET on Tuesday. Nineteen of the 20 assets is trading higher. Leaders: DOT (+2.1%) and HBAR (+2.0%). Laggards: SOL (-1.4%) and LTC … Read more

Avalanche (AVAX) Jumps 8.9%, Leading Index Higher

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 4062.43, up 1.1% (+45.95) since 4 p.m. ET on Monday. Nineteen of the 20 assets is trading higher. Leaders: AVAX (+8.9%) and NEAR (+5.9%). Laggards: BCH (-0.2%) and BTC … Read more

Index Gains 2.8% as All Constituents Move Higher

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 4391.98, up 2.8% (+118.19) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: AVAX (+10.4%) and BCH (+7.8%) Laggards: FIL (+0.9%) and LTC (+0.9%). The … Read more

Tokens Resume Slow Grind Higher After Fed, Dollar Index is Resilient Too

Analysts told CoinDesk early this week that major cryptocurrencies led by bitcoin would resume their slow grind higher following Wednesday’s Fed rate cut. That’s exactly what has happened since the Fed cut rates by 25 basis points to 4% late Wednesday. The central bank also hinted rapid easing in the next 12 months. Bitcoin BTC$117,179.64, … Read more

Bullish’s Beats Q2 Earnings, Sees Higher Adjusted Ebitda for Next Quarter

Bullish (BLSH), the owner of CoinDesk, earnings per share beat average analyst estimates, while expecting higher adjusted Ebitda for the next quarter. The crypto platform reported earnings per share (EPS) of $0.93 in the second quarter, beating the average analyst estimate of $0.03, according to FactSet data. Bullish also reported adjusted revenue of $57 million … Read more

BNB Inches Higher as Traders Test $930 Resistance, Exchange Tokens Stay Firm

BNB rose 1.4% in the past 24 hours as investors increased exposure to the cryptocurrency market. The BNB price climbed to $933.03 through a series of large-volume transactions that pierced technical resistance, according to CoinDesk Research's technical analysis model. The increase, part of a broader move, reflects growing interest from market participants positioning themselves ahead … Read more

CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 4.6% as Index Moves Higher

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 4267.12, up 0.7% (+27.81) since 4 p.m. ET on Monday. Eighteen of 20 assets is trading higher. Leaders: AVAX (+4.6%) and NEAR (+2.9%).Laggards: AAVE (-0.9%) and BCH (-0.2%). The … Read more

ZONE Higher by 13% as Token Holdings Pass 500M

CleanCore Solutions (ZONE) surged in pre-market trading Friday after announcing it purchased more than 200 million dogecoin DOGE$0.2706, pushing its total holdings past 500 million tokens. At DOGE’s current price of $0.26, up 6% in the past 24 hours, those 500 million tokens are worth about $130 million. The move is part of the company’s … Read more

Solana (SOL) Jumps 5.5% as Index Moves Higher

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 4284.12, up 1.6% (+65.55) since 4 .p.m. ET on Thursday. Thirteen of 20 assets are trading higher. Leaders: SOL (+5.5%) and AAVE (+2.4%). Laggards: AVAX (-2.4%) and ICP (-1.4%). … Read more

Moving Higher as Fed Likely to Focus on Growth, Not Inflation

Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs that the U.S. labor market is faltering — a shift in focus that points to growing concern about a deeper economic slowdown. Consumer prices rose a bit more than expected August, according to CPI data released Thursday by the … Read more