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Coindesk market index
Sam Bankman-Fried Takes the Stand Again; LastPass Hack Victims Lose Millions in a Day
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including a look at the CoinDesk Market Index seeing four assets notch gains more than 40% on the week. Sam Bankman-Fried is back for more cross-examination during his criminal trial. Hackers siphoned a total of $4.4 million worth of crypto from at least 25 LastPass users on Oct. 25. Plus, 15 years ago today the Bitcoin white paper came out.
PEPE Loses Nearly 80% of Its Value Since Peak in May
Meme coin PEPE fell 22% this week after losing nearly 80% of its value since its peak in May, according to CoinDesk Market Index data. This comes as data tracked by Velo Data shows that Dogecoin (DOGE) is sluggish this year as well, with most of the bearish pressure coming during European hours. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Why Crypto Investors Should Care About Tokenomics: Crypto Long & Short
Perceptions of token issuance by projects have changed dramatically during the crypto winter.
Computing, DeFi Sectors Lead CoinDesk Market Index This Week
The crypto market is little-changed this week, with the CoinDesk Market Index up 1.1%. While the markets remain stagnant, computing and DeFi sectors are up 3.2% and 3.1% respectively, with THORChain, Hashflow and SushiSwap as top performers. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Several Top DeFi Assets Moved Higher This Week Despite Pullback Across Broader Market: CMI Data
CoinDesk Market Index data reveals the broad market index moved lower this week, as only 25 of 183 assets returned positively, with 52 outperforming bitcoin. This comes as several top DeFi assets have moved higher during the same time period, despite the pullback across the broad market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Tokenization Opportunity Could Reach $5T Over Next Five Years: Bernstein
The CoinDesk Market Index performance has been mixed this week, with more than half of the 152 assets having positive returns. This comes amid a recent research report from Bernstein estimating the size of the tokenization opportunity to be as much as $5 trillion over the next 5 years, led by stablecoins, CBDCs, private market funds, securities and real estate. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds
The largest crypto by market value soared 21%. Mask Network’s MASK surged more than 68%, to rank as March's top-performing token, while XRP rose 41%.
Bitcoin’s Slow Week Upended by Concerns Regarding Crypto Bank Silvergate
Flat price action and mild volume took a turn after bitcoin and ether declined sharply late Thursday night.
Matrixport Researcher on STX Token's Rapid Growth Amid Ordinals Interest
Stacks' STX token is the top performer in the CoinDesk Market Index (CMI) month-to-date and the third-best performer year-to-date. According to a recent Matrixport report, the popularity of Ordinals' NFTs could be the catalyst to push Stacks into a billion-dollar token. Matrixport Head of Research and Strategy Markus Thielen breaks down the potential of Stacks.
Washington Plays Tennis With Crypto
If digital asset regulation is drifting into partisan waters, that’s bad for all involved.
