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 2712.19, down 1.0% (-26.22) since 4 p.m. ET on Wednesday.Three of 20 assets are trading higher.Leaders: BCH (+1.0%) and LINK (+0.6%).Laggards: AVAX (-4.5%) and DOT (-3.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Copper, recognized as a reliable economic indicator for decades, is nearing record highs.Seasoned crypto traders may recall periods when bitcoin (BTC) and copper exhibited a strong positive correlation and may quickly draw bullish conclusions from the recent rally in the red metal. If that's not enough, BTC's best years have been characterized by a rally in the copper-gold ratio, which is beginning to rise. However, the latest copper rally is driven by factors other than positive cues from global economy, warranting caution while seeing it as a bullish indicator for risk assets, including BTC. According to ING, copper's year-to-date increase of 12% to $5.10 per pound on COMEX has been primarily driven by President Donald Trump's trade tariffs, which pose...

Alex Dolesky thought his startup's push to "financialize" the sleepy uranium spot market would be a hit as nuclear energy stages a global comeback. All that tokenized yellowcake's looking more like gold.Months after netting its first $1.7 million from venture investors, Uranium Digital raised another $6.1 million in a seed round led by Framework Ventures.The financing will accelerate Uranium Digital's buildout of a spot trading platform for uranium that uses crypto infrastructure on the backend. It claims to be the first institutional market — crypto-powered or not — for a critical clean-energy commodity that, perplexingly, doesn't enjoy the same easy trading of its dirtier peers, coal, natural gas and oil.A radioactive mix of high regulations and low mainstream demand previously...

The Uniswap community has greenlit two governance proposals to propel the growth of the Unichain network and Uniswap V4 protocol.The initiatives, dubbed "Uniswap Unleashed," introduced a new grants program and liquidity incentives while hinting at initial steps for a “fee switch,” a long-contested protocol vote that would pay out a portion of trading fees to holders of Uniswap’s UNI.Relevant governance posts have not directly mentioned a fee switch but noted plans to “activate revenue.”The foundation requested $95.4 million for its grants budget and $25.1 million for operations over two years, plus $45 million for liquidity incentives to attract users and fuel ecosystem growth through developer campaigns.Both proposals passed with more than 80% of UNI token holders in favor, governance data...

By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin (BTC), ether (ETH) and the broader crypto market are facing renewed pressure, reversing some of gains made after Federal Reserve Chairman Jerome Powell downplayed concerns about tariff-driven inflation .President Donald Trump is reportedly scheduled to speak at Blockworks' Digital Asset Summit in New York later, with traders keen to hear how the administration plans to acquire BTC in a budget-neutral manner. Don't get too excited, the likelihood of such an announcement remains low.Trump is more likely to reiterate his aspiration to make America the "crypto capital of the world," and even this may overwhelm markets.On a more positive note, renewed interest in U.S.-listed spot ETFs supports market strength. On Wednesday, bitcoin...