Crypto News
Ethereum’s Pectra Update Hits ‘Issues’ During Sepolia Testnet Launch
A successful roll-out on the Sepolia testnet would be an important step towards the Pectra upgrade’s mainnet launch.Source link
CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Surges 20.8%, Leading Index Higher
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 2910.89, up 2.0% (+56.54) since 4 p.m. ET on Tuesday.Eighteen of 20 assets are trading higher.Leaders: BCH (+20.8%) and LINK (+8.6%).Laggards: SUI (-0.3%) and XRP (-0.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Bitcoin Reserve Announcement Coming Friday, According to Commerce Secretary: Report
Bitcoin is set to hold a unique status within the crypto reserve, said Lutnick, while altcoins will be treated "positively, but differently."Source link
XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming?
As of March 5, 2025, XRP traded at $2.48, commanding a $143 billion valuation and $8.04 billion in daily activity, fluctuating between $2.30 and $2.54—a harmonious equilibrium across temporal intervals. XRP Looking at the 1 hour XRP chart, a near-term upward bias materialized as XRP charted rising minima below the $2.54 barrier. Tenacious demand atSource link
Early Solana Backer Foundation Capital Raises $600M for Eleventh Flagship Fund
Foundation Capital, an early backer in Solana and AI chip maker Cerebras, has raised $600 million for its eleventh flagship fund.The fund is 20% larger than its predecessor $500 million fund, which closed around three years ago.Foundation Capital's focus is on early-stage investing, which "means being there at day zero," according to an announcement on Tuesday. As such, 80% of Foundation's investments happen before the company has generated any revenue at all.For example, Foundation Capital first invested in 2016 when AI chip market was still nascent. Cerebras is now a $4.25 billion company and has plans for an initial public offering (IPO) at an unspecified date in the future."Our first AI investment was in 2009, over a decade before ChatGPT...