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 2733.26, down 2.0% (-57.08) since 4 p.m. ET on Tuesday.One of 20 assets is trading higher.Leaders: POL (+0.2%) and BTC (-0.6%).Laggards: AAVE (-4.7%) and XRP (-4.0%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrencies fell slightly in the past 24 hours, with the broad market CoinDesk 20 (CD20) index dropping 1.4%. Bitcoin (BTC) is little changed around $95,000. These figures are well within recently volatility ranges and come on the back of a strong monthly performance — BTC is on track to rise 15% in April, the most since November.The market has been grappling with growing pessimism surrounding the potential impact of President Donald Trump's reciprocal tariffs on nearly every country and optimism that the Federal Reserve will cut interest rates earlier than expected.Stock prices have rallied over the past week on expectations Trump would lower the tariffs and the continuation of interest-rate cuts, according...

The Nasdaq exchange filed a 19b-4 form with the Securities and Exchange Commission (SEC) on Tuesday to approve listing and trading shares of the 21Shares Dogecoin ETF. Asset manager 21Shares submitted an S-1 registration with the SEC on April 10, as reported, in partnership with the House of Doge — the Dogecoin Foundation’s corporate arm — to help promote the fund.The ETF aims to track the performance of dogecoin, as measured by the CF DOGE-Dollar US Settlement Price Index, adjusted for the Trust’s expenses and other liabilities.It is a passive investment vehicle that will hold DOGE directly. The Trust will not utilize leverage, derivatives, or any similar arrangements to meet its investment objective, the filing mentioned.Coinbase Custody Trust will hold...

Digital assets exchange KuCoin has unveiled a new initiative, the “Trust Project,” with a massive $2 billion investment aimed at reinforcing user safety, boosting transparency, and ensuring long-term accountability in the crypto market.The announcement came during TOKEN2049 Dubai, where KuCoin CEO BC Wong, alongside the exchange’s European Union CEO Oliver Stauber, detailed the initiative’s vision to align crypto operations more closely with regulatory frameworks and user-centric principles.At its core, the Trust Project focuses on key values such as infrastructure neutrality, responsible innovation, and enhanced protections against platform risks. KuCoin’s native token, KCS, play a more pivotal role in governance, ecosystem management and user reward programs.“We’re directing resources where they count — toward building credibility, protecting our users, and securing the...

Bitcoin (BTC), the world's largest digital asset by market value, recently held steady as President Donald Trump's trade war spurred a shift away from U.S. assets.The so-called decoupling reinforced the belief of crypto advocates that BTC is as a safe haven and a low-beta play relative to equities.BlackRock's Head of Digital Assets, Robert Mitchinik, believes the cryptocurrency could actually evolve into a permanent low-beta play reflexively."It makes no fundamental sense, and yet when it's repeated enough, it can actually become a little self-fulfilling, right?" Mitchnik said during a panel discussion at the Dubai Token2049 conference on Wednesday. "It is something that can happen reflexively because enough pundits and research outlets and other commentators have said that it would."Investors aggressively dumped...