NEAR joined Uniswap as a top performer, gaining 5.0%. 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 1955.23, up 1.2% (+22.74) since last Friday's close. FOR MORE DETAILS PLEASE CLICK HERE!

Polymarket bettors and the broader crypto community widely consider cryptographer Sassaman to be “revealed” as Bitcoin’s creator in an anticipated HBO documentary. The upcoming HBO documentary "Money Electric: The Bitcoin Mystery" has sparked significant interest and speculation in the cryptocurrency community about the identity of Bitcoin's creator, Satoshi Nakamoto....

The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks. BTC is down 1.5% as the market was underwhelmed by stimulus measures announced by Beijing. Crypto traders are looking to an upcoming Federal Reserve meeting for clues on where BTC might...

New information over the weekend shattered the consensus on who Satoshi Nakamoto might be. Len Sassaman, once a favorite with Polymarket bettors as a possible contender to be Nakamoto, is out of the lead. The consensus amongst Polymarket bettors is that it's someone not on the list. FOR MORE DETAILS PLEASE CLICK HERE!

The divergence is "setting the stage for something big," one observer said. Short-term BTC options show a bias for calls, indicating positive outlook around the U.S. election, due Nov. 4. The S&P 500 options suggest otherwise, according to data tracked by Block Scholes, and some crypto traders have been "selling volatility. The idea that bitcoin (BTC)...

The latest price moves in crypto markets in context for Oct. 8, 2024. This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. FOR MORE DETAILS PLEASE CLICK HERE!  

Gold has a significantly higher volatility ratio than bitcoin in 2024, according to analysis by Goldman Sachs. BTC's price surge doesn't compensate for the price volatility risks, a chart by Goldman Sachs shows. Gold's relatively higher risk-adjusted returns explains its safe haven appeal. Bitcoin (BTC) has surged over 40% this year, outshining major equity...

Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts. Stablecoin market capitalization has steadily reached $169 billion led by USDT and USDC, with the increase preceding price movements in past cycles. Historical data suggests a positive correlation between...

Today’s prevailing token distribution model is fundamentally broken, says Christopher Goes, co-creator of Anoma and Namada. The dominant model of token distribution in the crypto space these days is the so-called “low-float, high FDV” launch. In this model, projects launch with a low fraction of the total supply in circulation, where most of the supply is locked,...

"Of course I'm not Satoshi," Todd told CoinDesk Tuesday, saying that filmmaker Cullen Hoback was "grasping at straws." Peter Todd, an early Bitcoin developer, denied to CoinDesk that he is Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency. Todd commented hours before the debut of an HBO documentary that suggests Todd is Satoshi. FOR MORE DETAILS PLEASE...

ARK added 12,994 COIN shares to its Fintech Innovation ETF in its first purchase of Coinbase stock since Sept. 11. Cathie Wood's investment manager ARK bought nearly $2.2 million worth of Coinbase shares on Tuesday. ARKF contains around $67 million worth of COIN stock, a 7.43% weighting of the fund's total value. FOR MORE DETAILS PLEASE CLICK HERE!

A long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday. A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November. To be profitable, the options strategy needs prices to move above $87,000 or below $53,000 by expiry. FOR MORE DETAILS PLEASE CLICK HERE!...