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 3246.57, down 4.2% (-143.25) since 4 p.m. ET on Friday.One of 20 assets is trading higher.Leaders: XRP (+1.4%) and ADA (-2.6%).Laggards: RENDER (-10.7%) and NEAR (-10.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Nate Geraci, a well-known exchange-traded fund analyst, has predicted that 2025 will be the year of crypto ETFs. He expects the Trump administration to quickly establish definitions of which crypto assets are classified as securities and which are not, opening the floodgates for more filings. 2025 Will Be the Year of Crypto ETFs, Powered bySource link

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy and Semler Scientific (MSTR).Michael Saylor's MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the tenth consecutive week.In the week ending Jan. 12, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC. The average price of the latest bitcoin buy was $95,972. The overall average purchase price of the company's holdings is now $62,691.Executive Chairman Michael Saylor once again teased the announcement on X on Sunday.Shares are lower by nearly 5% in premarket action alongside a similarly sized dip in the price of bitcoin, which is now hanging on just above $90,000.In addition, Semler Scientific (SMLR) has acquired an additional 237 BTC for...

By Omkar Godbole (All times ET unless indicated otherwise)Risk assets are trading down as the dollar index and Treasury yields benefit from Friday's blowout nonfarm payrolls report and the Palisades Fires posing a risk to the insurance sector and some P&C companies.BTC is down 2%, changing hands in the key support zone of $90,000 and $93,000, with alternative cryptocurrencies posting bigger losses as usual. ETH has dropped to the lowest since Dec. 21 and the risk-off has clouded XRP's bullish technical outlook (see TA section). Whales likely accumulated XRP over South Korea-based Upbit over the weekend. AI coins is the worst performing sub-sector of the past 24 hours. In traditional markets, futures tied to the S&P 500 point to negative...

The UK government estimates that fully embracing AI could boost the economy by £47 billion annually over the next decade.Source link