Coindesk

Bitcoin Holding Near $87k While Stocks Slump a ‘Strong Sign’ of Maturing BTC Sentiment

Bitcoin (BTC) is taking a stand even as the broader stock market keeps sliding down to its tariff-related lows on Easter Monday.The top cryptocurrency is up 2.3% in the last 24 hours and now trading for $86,800 for the first time since April 3—the day after the Trump administration unveiled its new tariff policy. Mainly buoyed by bitcoin, the broader market gauge CoinDesk 20 Index has risen 1.17% in the same period of time, with most tokens relatively unchanged.Crypto-linked stocks have also remained stable, with Coinbase (COIN) and Strategy (MSTR) down 1.2% and 1.3% respectively, and major bitcoin miners such as MARA Holdings (MARA), Riot Platforms (RIOT), and Core Scientific (CORZ) slumping between 2% and 3%.The crypto market’s resilience is...

Vitalik Buterin Proposes Replacing Ethereum’s EVM With RISC-V

Ethereum co-founder Vitalik Buterin shared a new proposal over the weekend that would radically overhaul the system that powers its smart contracts.Buterin's suggestion, which he posted on Ethereum's primary developer forum, involves replacing the Ethereum Virtual Machine, the software engine that powers programs on the network, with RISC-V, a popular open-source framework that offers built-in encryption and other benefits. .The EVM is a key piece of Ethereum's underlying design and has been seen as one of the main elements that helped the network succeed in a crowded field of other blockchains. Many non-Ethereum networks have used the EVM to build their own chains, as has a growing ecosystem of layer-2 networks built atop Ethereum, including Coinbase's Base chain.The EVM has...

Strategy’s Bitcoin Buying Spree Has Minimal Impact on Prices, TD Cowen Says

Despite its growing footprint as a major corporate holder of bitcoin (BTC), Strategy’s large-scale purchases of the cryptocurrency appear to have little, if any, influence on its price, according to a research paper by TD Cowen.The findings published Monday challenge a popular theory among skeptics — that Strategy’s aggressive buying spree is helping prop up bitcoin’s value, and that without its continued demand, prices would falter. But based on the data, that argument doesn’t hold much weight, the analysts said.A Big Buyer, But a Small Slice of the MarketStrategy recently issued another 1.8 million shares under its at-the-market (ATM) offering, raising an additional $842 million in net proceeds. The funds were used to purchase 6,556 bitcoins, boosting the firm’s bitcoin...

5 Ways the SEC Can Embrace Innovation

The U.S. Securities and Exchange Commission has long been the world’s most influential financial regulator, helping to ensure our capital markets are the deepest, fairest, and most accessible in the world. But its continued relevance will depend on whether it can do more than merely respond to innovation — it must proactively foster it.For nearly a century, the SEC has adapted to evolving markets, new technologies and greater retail participation. In its best moments, the agency has embraced innovation in service of transparency, investor protection, and capital formation. But in recent years, it has strayed from that legacy — nowhere more visibly than in its approach to crypto and blockchain.The good news is, with a change in leadership and a...

CoinDesk 20 Performance Update: NEAR Gains 11.7%, Leading Index Higher Over Weekend

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 2538.74, up 3.0% (+74.8) since 4 p.m. ET on Friday.Nineteen of 20 assets are trading higher.Leaders: NEAR (+11.7%) and APT (+8.7%).Laggards: BCH (-0.5%) and XRP (+1.9%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link