Coindesk

CoinDesk 20 Performance Update: Solana (SOL) Jumps 7.3% as All Assets Trade 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 3122.1, up 3.6% (+109.09) since 4 p.m. ET on Friday.All 20 assets are trading higher.Leaders: SOL (+7.3%) and XRP (+6.1%).Laggards: POL (+0.8%) and AAVE (+1.2%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Cardano (ADA) Breaks Above $0.64 as Staking Addresses Top 1.3 Million

Cardano’s ADA ADA token climbed 3% over the past 24 hours, trading near $0.6460 at midday Monday after reaching a high of $0.6502. The price advance coincided with a new staking milestone that reinforces the network’s long-term strength.According to an X post by TapTools, Cardano has now surpassed 1.3 million staking addresses, cementing its status as one of the most widely staked blockchains in the world. This comes amid ongoing development within the ecosystem and follows founder Charles Hoskinson’s proposal to allocate $100 million in treasury ADA toward Bitcoin and stablecoins to enhance DeFi liquidity.Despite recent whale outflows — amounting to over 270 million ADA in the past week — market sentiment has remained constructive. ADA maintained its upward trajectory...

Crypto Daybook Americas: Bitcoin Holds Above $100K as Iran, Israel Trade Blows

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's BTC continued choppy trading near January's highs of around $110,000 has some observers drawing parallels with 2021, when the bull market ended with twin peaks closer to $70,000. Not everyone agrees."The market dynamics between 2021 and today are completely different," Jeff Anderson, head of Asia at STS Digital, told CoinDesk. "BTC is evolving into a treasury asset, so it is very difficult to extrapolate chart patterns onto an asset undergoing massive structural changes." The price action over the weekend was "encouraging," Anderson said, noting bitcoin's stability at around $105,000 even as Iran and Israel traded blows. As the old saying goes: If a market does not fall too much on bad news, it indicates big players...

Pakistan Engages Michael Saylor in Bold Push Toward Bitcoin-Backed Economy

Pakistan has taken a significant leap toward integrating digital assets into its economic roadmap by hosting bitcoin BTC advocate Michael Saylor, Executive Chairman of Strategy (MSTR).In a high-profile meeting with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib, discussions centered around positioning bitcoin as a sovereign-grade asset to bolster Pakistan’s monetary resilience and digital future.Saylor, known for transforming Strategy into the largest corporate holder of bitcoin, praised Pakistan’s openness to innovation. The company’s bitcoin holdings now total approximately 582,000 BTC, valued at over $62 billion, a strategy that has lifted its market cap from $1.2 billion to $105 billion since 2020.Minister Aurangzeb emphasized Pakistan’s ambition to become a leader in digital asset adoption...

Vietnam Passes Landmark Law Recognizing Crypto Assets

Vietnam passed a law officially recognizing digital and crypto assets, taking a decisive step toward regulating and promoting the cryptocurrency economy.The Digital Technology Industry Law was passed on June 14 and takes effect Jan. 1, 2026. It outlines a broad framework for managing digital assets and fostering blockchain innovation, according to local media.This legal recognition comes as Vietnam seeks to improve its stance in the rankings of the Financial Action Task Force, an international organization that sets standards to tackle money laundering and financing of terrorism. The country is designated on the FATF's grey list for insufficient anti-money laundering controls, particularly concerning virtual assets.The legislation categorizes digital assets into two groups: virtual assets and crypto assets. While both fall outside...