Coindesk

Bitcoin (BTC) is known to be a volatile asset, but as of late, this is not the case; bitcoin has been trading in a very tight range since the end of November, between $91,000 and $109,000.In other words, bitcoin’s volatility has compressed enormously. According to Glassnode data, the 2-week realized volatility, which provides of how turbulent the asset was in the past two weeks, measures volatility over the past two weeks annually, has dropped to an annualized 32%, one of the lowest levels in years. In addition, the options implied one-month volatility, which is the market’s expectation for volatility over four weeks, has slipped below annualized 50%, again one of the lowest levels in years.To put into context how much...

Donald Trump supporters are getting rewarded with a few dollars worth of his official TRUMP token if they had purchased any of the merchandise from websites associated with the U.S. president.Three TRUMP tokens, worth just over $50 at writing time, will be given to past buyers of Trump’s perfumes, sneakers, cards or watches per email address they used to conduct these purchases. The tokens can be claimed until Mar.1.Trump-affiliated websites sell products branded around his image or catchphrases and tend to fetch high prices in the market. In July, the limited edition Trump-themed Bitcoin Sneakers were sold for around $500 a pair, with some listed for resale for as high as $2,500.TRUMP is down 8% in the past 24 hours...

Core Foundation, the creator of a yield-bearing bitcoin token, has partnered with institutional lending protocol Maple Finance and custody firms BitGo, Copper and Hex Trust to push deep into the BTC staking sector.Core’s IstBTC token lets institutional participants earn yield on bitcoin holdings while staying safely inside trusted custodial partners without the need to take on the risks or operational burdens of dealing with smart contracts. A liquid staking token, to be issued in the coming months by Maple, will allow staked BTC to be used by trading firms and asset managers as collateral for borrowing in DeFi or with trading counterparties.The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem...

Ethereum's ether (ETH) showed strength through the weekend, spurring investor hopes of a break in its lackluster price performance, only to foreshadow a market-wide decline.In a muted trading session due to the U.S. holiday, ether ground as much as 7% higher to a Monday session high of $2,850, outperforming the rest of the crypto market. Then, it gave up most of the gains, dropping back to $2,730 as the broader market fell, with bitcoin (BTC) falling to $95,500 from just above $97,000. Still, ETH held onto its 2% advance over the past 24 hours, while the CoinDesk 20 Index and BTC were about 2% lower.Traders were quick to point out past occasions, like late January and early February, when a...

Argentina's President Javier Milei is facing impeachment threats after endorsing a cryptocurrency called LIBRA, purportedly intended to support small businesses, which instead crashed and lost billions of dollars in value within hours, according to Reuters.In a now-deleted late Friday post on X, Milei promoted LIBRA as a privately run project designed to raise money for small and medium-sized Argentinian companies, adding that he doesn't stand to reap personal gain from the project.The token rapidly surged to a market capitalization of about $4.5 billion amid confusion over the legitimacy of Milei's tweet, with speculation that his account may have been compromised or that scammers had deceived him.Milei deleted the post five hours later, saying that he was “not aware of...