Coindesk

Yat Siu has seen a lot in his decade of investing in crypto as a venture capitalist.The Hong Kong-based venture studio and game developer Siu co-founded, Animoca Brands, has grown to be one of the most powerful names in Web3 culture, with data provider CoinGecko pegging the market cap of tokens issued by Animoca's portfolio companies at more than $45 billion.But the crypto winter of 2022-23 proved to be a tough test for Animoca, with many of the tokens from its companies down nearly 90%. At the depths of these dark times in February 2023, the Financial Times even wondered if Animoca could survive.Times have changed, of course. The price of bitcoin surged over 120% in 2024, the U.S. has...

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 3671.0, down 0.2% (-6.46) since 4 p.m. ET last Friday.10 of 20 assets are trading higher.Leaders: RENDER (+8.4%) and FIL (+7.1%).Laggards: HBAR (-3.5%) and ADA (-3.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the ninth consecutive week.MicroStrategy holds more bitcoin than any other publicly traded company. In the week ending Jan. 5, MicroStrategy purchased a further 1,020 BTC for $101 million, bringing its total bitcoin holdings to 447,470 BTC.It wouldn't be a Sunday without Executive Chairman Michael Saylor teasing the announcement in a post on X. The average purchase price of the bitcoin was $94,004, which raised the average price to $62,503.The latest bitcoin purchase was funded through share sales under the company's at-the-market (ATM) program, for which they have $6.77 billion left on the ATM program.The share price recovered on Friday...

Four digital assets companies have just secured Markets in Crypto Assets (MiCA) licenses in the Netherlands, letting them operate across the entire 27-nation European Union.Crypto platform MoonPay, digital asset management company BitStaete, bitcoin lightning FinTech ZBD and prime brokerage and clearing company Hidden Road attained the much desired crypto asset service providers license from the Dutch Authority for the Financial Markets (AFM), a filing from Dec. 30 showed.MiCA is a bespoke rulebook for crypto companies that requires firms to receive a Crypto Asset Service Provider (CASP) license from one member state which then enables them to operate across the entire European Union.The European Union set a Dec. 30 deadline for its member states to implement MiCA, though not all countries...

Will he stay, or will he go? For Canadian Prime Minister Justin Trudeau, the latter appears imminent. Now bettors on Polymarket are debating on when exactly he'll announce his resignation.While Trudeau resignation contracts aren't anything new, there are two with low six-figures of volume attached to them asking if he'll be gone by February or April, and another from December asking if opposition parties will trigger an election by the spring.The interest in the Canadian Prime Minister's fate popped up on Monday after scoops from two of Canada's largest newspapers put his resignation date to be either Monday or before Wednesday.The Toronto Star says the resignation is coming as early as Monday, while the Globe and Mail, which had it...