Markets

CoinDesk 20 Performance Update: NEAR and AVAX Lead
Over the weekend, NEAR and AVAX led the CoinDesk 20 with only one asset posting a loss.

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations
The umbrella body for central banks also cautioned against premature easing of monetary policy.

Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.

Kaspa's KAS Token Bucks Broader Market, Surges 26% in a Week
The rally was accompanied by an even-bigger surge in futures open interest.

Long Dormant Whale Sends $61M BTC to Coinbase, On-Chain Data Shows
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.

PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate
If crypto-friendly Republican candidate Trump goes off the rails, Republicans may wince, but the GOP ticket will likely not change.

Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.

Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday
Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.

German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham
Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred to exchanges.

Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.

