Coindesk

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 3950.66, down 0.3% (-13.48) since 4 p.m. ET on Wednesday.Six of 20 assets are trading higher.Leaders: BCH (+1.8%) and ETH (+1.1%).Laggards: APT (-5.3%) and DOT (-3.9%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Capital is flooding into digital assets at a record pace this year, according to Wall Street bank JPMorgan (JPM), marking a sharp contrast with declining flows into private equity and private credit markets.JPMorgan estimates that net capital inflows into digital assets have hit $60 billion year-to-date, a nearly 50% jump since the firm’s last update at the end of May, the bank said in a report on Wednesday. That figure includes crypto fund flows, Chicago Mercantile Exchange (CME) futures activity, and crypto venture funding, and puts 2024 on track to eclipse last year’s record.“The surge of capital inflows into digital assets over the past couple of months has likely been supported by favorable U.S. regulations,” analysts led by Nikolaos Panigirtzoglou...

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's (BTC) consolidation continues to take the wind out of the bull run in the broader market that had raised hopes for the so-called alt season marked by prolonged outperformance of alternative cryptocurrencies.Over the past 24 hours, major altcoins have experienced a significant decline, led by a double-digit drop in the payments-focused XRP and an 8% slide in SOL. The CoinDesk 80 Index, which tracks the performance of altcoins, has dropped over 7% while the CoinDesk 20 Index, which is dominated by bitcoin and ether, has declined by 4%."The crypto market took a nosedive, losing almost 4% of its market cap over the last 24 hours. Without bitcoin's growth, altcoins, which had...

Ghana is set to begin licensing cryptocurrency platforms in response to a surge in demand for digital assets in the West African country, Bloomberg reported on Thursday.The country's central bank is finalizing a regulatory approval to submit to parliament by September, according to the report, citing an interview with Bank of Ghana Governor Johnson Asiama.The hope is that regulating the crypto sector will help the Ghana capture revenue and better control its fiat currency. The cedi has grown over 40% against the U.S. dollar in 2025, helping it recover from a loss of nearly 20% last year. This volatility has made it difficult for the central bank to manage inflation.The use of cryptocurrency can exacerbate this problem as many agents...

Ten of the largest trade associations in fintech and crypto have called on President Donald Trump to intervene in what they say is a coordinated attack by big banks to stifle innovation and lock out competitors.In a letter sent on Wednesday, the groups, which include the Blockchain Association, and the Crypto Council for Innovation, warned that JPMorgan’s plan to charge fees for access to consumer banking data threatens to de-bank millions of Americans and could cripple the adoption of stablecoins (USDC, USDT) and self-custody wallets.At the center of the fight is how Americans fund digital wallets and exchanges. Aggregators like Plaid and MX enable consumers to transfer funds from their bank accounts to platforms like Coinbase or Kraken. These connections...