Coindesk
Crypto News Source: coindesk.com
Interoperability Protocol Hyperlane Reveals Airdrop Details
The team behind interoperability protocol Hyperlane shared Thursday their upcoming token airdrop plans happening at the end of the month.The airdrop will occur on April 22, and users can check their eligibility to receive $HYPER tokens via a portal provided by the Hyperlane Foundation by April 13, the team shared in a press release with CoinDesk.The token distribution will mostly go to the community, with 57% of the supply going to users, while the remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation’s treasury (7.1%).The team also shared that the airdrop will be fully unlocked for community recipients, while the core team and investors' tokens will be locked for the first 12 months.In...
CoinDesk 20 Performance Update: Index Declines 6.8% as All Assets Trade Lower
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 2425.32, down 6.8% (-176.31) since 4 p.m. ET on Wednesday.None of the 20 assets are trading higher.Leaders: BCH (-3.5%) and BTC (-4.7%).Laggards: SOL (-12.5%) and SUI (-10.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Whales Buy the Bitcoin Dip: First Meaningful Accumulation in 8 Months
Prices remain under pressure and sentiment is so weak one would think it's 2022 all over again, but for the first time in nearly a year, bitcoin (BTC) whales are buying.Following months of distribution as bitcoin surged to a record high above $109,000, so-called whales — wallets holding 10,000 BTC or more — are meaningfully accumulating as prices dip to just above $80,000, according to Glassnode data.
The last time whales were buying so aggressively was in August 2024 with bitcoin in the $50,000-$60,000 range as the yen carry trade was unwinding.
Often considered “smart money,” whales tend to buy during deep corrections and sell into strength — a pattern that has played out consistently over the past eight months.Despite this renewed...
Crypto Daybook Americas: Bitcoin Defies Sell-Off as U.S. Tariffs Rattle Stocks, Currencies
By James Van Straten (All times ET unless indicated otherwise)Liberation Day is done, and markets finally have clarity on U.S. tariffs. Starting April 5, all U.S. trading partners will face a minimum of a 10% import tariff, with higher, country-specific tariffs kicking in on April 9 for about 60 countries.President Donald Trump introduced the tariffs based on perceived trade imbalances and non-tariff barriers, saying the goal is to encourage reshoring of production, generate revenue to help fund tax cuts and level the playing field for U.S. manufacturers. Among the most affected countries is China, which faces a new 34% tariff on top the existing levy, bringing its total to 54%. Many other Asian economies have also been hit hard, while...
Bitcoin Development Mailing List Briefly Goes Offline After ‘Malicious’ Warning
The Bitcoin Development Mailing List, a key communication platform for developers of the original blockchain, was briefly offline on Wednesday after an apparent bot attack.Google flagged the publicly viewable group as containing “spam, malware, or other malicious content.” Users accessing the group received a “permanently removed” message while the issue was being sorted out.The active group is used to discuss Bitcoin proposals, relay development messages, and flag and solve any issues across the Bitcoin ecosystem. It moved to Google in February 2024. Its previous hosts were the Linux Foundation, Oregon State University Open Source Lab’s infrastructure and SourceForge.net.“Apparently we're "permanently removed". Our transgression? We're "unwanted content,” developer Ruben Somsen posted on X. “Really Google? Open source development is "unwanted"?”Google’s Workspace...