By James Van Straten (All times ET unless indicated otherwise) The recent market turmoil might have given gold the bragging rights of being the “store of value” while “digital gold” struggles, at least for now. Gold futures for April delivery have surpassed $3,000 an ounce for the first time ever, marking a historic milestone for…
Apparent demand for Bitcoin (BTC) has hit the lowest level in 2025, dropping down into negative territory, as traders and investors take a cautious approach to risk-on assets due to macroeconomic uncertainty. According to CryptoQuant’s Bitcoin Apparent Demand metric, demand for Bitcoin has dropped down to a negative 142 on March 13. Bitcoin’s apparent demand…
The S&P 500 has now entered correction territory, defined as a 10% decline from its all-time high. A further 10% drop would signal a bear market. But is it time to panic? Since Bitcoin’s creation in 2009, the S&P 500 has experienced multiple 20% corrections. Following the 2008 global financial crisis the index had plunged…
David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed. “You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million…
Spot gold surpassed $3,000 an ounce for the first time before retreating to $2,990. Gold futures for April delivery also broke the $3,000 mark on Thursday. The precious metal is now up over 15% this year, driven by strong ETF inflows, geopolitical uncertainty, and continued concerns over U.S. equities amid ongoing tariff discussions by former…
A previously unknown type of cryptojacking malware called MassJacker is targeting piracy users and hijacking crypto transactions by replacing stored addresses, according to a March 10 report from CyberArk. The cryptojacking malware originates from the website pesktop[dot]com, where users seeking to download pirated software may unknowingly infect their devices with the MassJacker malware. After the…
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 2604.12, up 3.3% (+83.6) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: LINK (+9.7%) and DOT (+6.7%). Laggards: BCH (+1.3%) and UNI (+1.9%). The…
Global investment manager VanEck has filed for an Avalanche (AVAX) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) seeking to offer investors direct exposure to the smart contract platform. A snippet of the S-1 filing was shared on social media on March 14 by Bloomberg analyst James Seyffart, who has been closely…
Crypto borrow and lend platform Euler Finance just clawed its way back from the DeFi wilderness. The protocol this week notched new all-time highs in total value locked (TVL) and total borrows – two pivotal metrics of activity for a DeFi lender. Euler’s hundreds of millions of crypto-dollars now under management might leave it well…
The cryptocurrency trader whose ultra-leveraged Ether (ETH) trade tested Hyperliquid’s limits on March 12 has entered another multimillion-dollar position, this time in Chainlink (LINK), onchain data shows. On March 14, the anonymous whale, referred to on X as “ETH 50x Big Guy,” took out long positions in LINK worth approximately $31 million with 10 times…