Crypto News

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 3136.62, down 0.6% (-20.46) since 4 p.m. ET on Tuesday.Six of 20 assets are trading higher.Leaders: APT (+1.8%) and DOT (+1.7%).Laggards: LTC (-4.7%) and HBAR (-3.9%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

The U.S. will release Russian Alexander Vinnik—who ran the BTC-e crypto exchange—in a prisoner swap after Moscow released an American.Source link

Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain’s long-term security. Bitcoin’s Transaction Drought Daily bitcoin (BTC) transactions have dropped to their lowest levels since late 2023, leaving the mempool—the queue of unconfirmed transactions—unusually empty. This decline has slashed transaction fees, which now barely contributeSource link

The fourth quarter was a good one for crypto and Wall Street analysts expect leading U.S. exchange Coinbase (COIN) to have posted a big jump in earnings from the prior three months.Revenue for the fourth quarter is expected to have been $1.8 billion, according to FactSet, up from $1.26 billion in the third quarter. Earnings-per-share are estimated to have risen to $1.99 from $0.41.Maybe more importantly, thanks to the major rally across crypto following Donald Trump's presidential election victory, analysts expect exchange volume to have risen to $195.9 billion in the year's final three months from $185.3 billion in the third quarter. That $195.9 billion figure would be the strongest quarterly result since the fourth quarter of 2021.“We maintain our...

The Ethereum community has been in turmoil over the past few weeks, with members raising the alarm that the chain will lose its competitive edge if it doesn’t address some core design issues.A key focus of the outrage has been layer-2 fragmentation. In recent years, Ethereum has embraced a layer-2 scaling roadmap—a plan that encouraged the development of third-party auxiliary networks called "layer-2 rollups"—to help scale the base Ethereum ecosystem. Offloading activity to these upstart networks has helped bring down fees and improve speeds for end-users, but it has led to a massive, deeply fragmented ecosystem of layer 2s.While layer-2 networks all post data back down to Ethereum, they often struggle to communicate directly with one another, meaning passing assets...