Coindesk

Christie’s International Real Estate has launched a dedicated division to facilitate real estate transactions conducted entirely in cryptocurrency, the New York Times reported on Thursday. Spearheaded by Aaron Kirman, CEO of a Christie’s-affiliated firm in Los Angeles, the initiative follows several high-profile deals, including a $65 million Beverly Hills transaction where crypto was used exclusively.The new division comprises legal, financial, and crypto experts to handle peer-to-peer transactions without reliance on banks. The goal is to enable high-end buyers and sellers — often seeking privacy — to use digital assets seamlessly for real-world property acquisitions.With roughly 14% of Americans owning crypto, Kirman projects that digital currency could represent over a third of U.S. residential real estate deals within five years.The use...

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 3943.11, down 2.0% (-80.67) since 4 p.m. ET on Thursday.Five of 20 assets are trading higher.Leaders: BCH (+7.2%) and HBAR (+3.6%).Laggards: SOL (-4.2%) and XRP (-3.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

NEAR Protocol bounced 0.7% between 11:10 and 12:09 UTC on Thursday, erasing a brief $2.77 dip in a volatile trading window marked by sudden institutional inflows. The token whipsawed from $2.79 to $2.77 before reclaiming session highs, highlighting a two-phase move characterized by consolidation near $2.78, followed by a selloff and swift recovery.The rebound was triggered by a sharp uptick in volume, with more than 123,000 units traded after 12:01, breaking through resistance levels and signaling potential accumulation by large players. The move capped a broader 6.9% rally from $2.61 overnight support to a $2.79 close during the July 24–25 trading window, fueled by increased volatility and revived bullish sentiment.Analysts view the surge as a potential setup for a test...

Disclaimer: The analyst who wrote this article owns shares in Strategy.Strategy (MSTR), under the leadership of Executive Chairman Michael Saylor, may have just finalized its largest preferred stock issuance to date with an STRC (Stretch) offering joining the STRD, STRF and STRK preferred shares to build out the company's credit yield curve. Among these, STRC is ranked high in seniority and low in expected volatility. It adds a new short-duration layer to Strategy’s financing mix and diversifies how the company can raise capital for BTC acquisition. According to a Fidelity alert on X, the deal is 28 million shares priced at $90 each, totaling over $2.52 billion. This represents a dramatic increase from the original $500 million goal announced just...

Decentralized finance (DeFi) protocol Maple Finance (SYRUP) has swept away any bearish crypto sentiment, rising by 23% in the past 24 hours after it was listed on Upbit, South Korea's largest exchange.Daily volume increased from $230 million to $862 million after the listing as traders poured in to buy SYRUP despite a wider crypto market pullback.BTC retreated back to $116,000 on Monday as assets like SOL also failed to impress, sliding another 2% to $180 to erode the previous four days of gains.SYRUP is also well poised for continuation to the upside in light of governance proposal MIP-018, which suggests increasing token buybacks using protocol revenue. Voting began on July 25.From a technical perspective, SYRUP is in clear breakout territory...