Author: btcadmin
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MtnDAO’s Experimental Crypto Investment Fund Will ‘Outperform VCs’ Claims Founder
Coworking summits at the mtnDAO hacker house come and go. But mtnCapital trades forever. The monthlong Solana developer meetup will launch its token ($MTN) at the end of March, co-founders Barrett and Edgar Pavlovsky exclusively told CoinDesk. That much was always expected from a famously pro-token team. More intriguing is what the token does. STORY…
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CoinDesk 20 Performance Update: AAVE Drops 2.9% as Index Inches Lower From Thursday
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 2918.27, down 0.2% (-6.41) since 4 p.m. ET on Thursday. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me…
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U.S. February Job Growth of 151K Roughly Matches Forecasts
Solid strength in the U.S. employment market continued in February, though the unemployment rate ticked higher. Nonfarm payrolls rose 151,000 last month, the Bureau of Labor Statistics reported Friday morning. Economist forecasts had been for a gain of 160,000. January payroll growth was revised lower to 125,000 versus an originally reported 143,000. STORY CONTINUES BELOW…
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Fold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin Treasuries
Fold Holdings, Inc. (NASDAQ: FLD) has increased its bitcoin (BTC) treasury by 475 BTC, bringing its total holdings to over 1,485 BTC. This move secures Fold’s position among the top ten U.S. public companies with the largest bitcoin treasuries. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all…
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The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom
The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies. According to Bloomberg data from Global Macro Investor, the index’s one-week percentage drop has exceeded a negative four standard deviation move—a rare event that has only occurred…
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Crypto Daybook Americas: Bitcoin Reserve Fails to Rouse BTC Bulls as Jobs Data Looms
Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP,…
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Bitcoin, Ether, Solana Traders Chase Downside Protection, XRP Stands Out, as Trump’s Crypto Plan Disappoints
U.S. President Donald Trump signed an executive order Thursday to establish a digital asset reserve that retains bitcoin (BTC) and altcoins seized in enforcement actions without making new purchases. The absence of new purchases means that, for now, the so-called reserve serves merely as a strategic stockpile that will not inject any buying pressure in…
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Coinbase Acquires Iron Fish Team to Boost Privacy on Base
Coinbase has acquired the team behind Iron Fish, a privacy-focused blockchain project, to strengthen privacy features on its layer 2 network Base, the company announced. The deal does not include the Iron Fish blockchain or its native token, which will continue to operate independently “and unaffiliated with Coinbase or Base,” under the Iron Fish Foundation.…
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U.S. Stocks Give Up Post-Trump Election Advance While Bitcoin Clings to Gain
The stock market tariff tantrum of the past few weeks has seen the Nasdaq 100 and S&P 500 give up all their gains since the early November election victory of Donald Trump even as bitcoin (BTC) remains in positive territory. Both equity gauges are now more than 2% lower, while bitcoin is up over 20%…
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XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes
Major tokens XRP, dogecoin (DOGE) and Cardano (ADA) plummeted as much as 9% in the past 24 hours after President Donald Trump dashed hopes of a diversified U.S. strategic crypto reserve. Late Thursday, Trump directed his administration to establish a Bitcoin Strategic Reserve to hold bitcoin (BTC) previously seized by the government with an additional…