CoinDesk 20 performance update: Index jumps 2.5%, continuing higher

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 2210.86, up 2.5% (+53.36) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: NEAR (+16.0%) and ICP (+10.4%). Laggards: BTC (+0.9%) and ETH (+1.5%). The…

Coinbase Sued for Withholding Frozen Crypto From $55M Defi Saver Exploit

Cryptocurrency exchange Coinbase was sued in California federal court over frozen crypto allegedly tied to a $55 million DAI phishing theft from August 2024. The complaint, filed Monday in a San Francisco federal court, alleges that after laundering the proceeds through crypto mixer Tornado Cash, the attacker deposited part of the “traceable stolen funds” into…

Colombian President Proposes Building a Bitcoin Mining Hub

Colombia’s President Gustavo Petro said the nation’s Caribbean coast has the potential to become a Bitcoin mining hub, leveraging its surplus renewable energy to attract foreign investment and spur economic development. In a post on X on Tuesday, Petro said the Caribbean cities of Barranquilla, Santa Marta and Riohacha could host Bitcoin (BTC) mining facilities…

Telegram To Become TON’s Largest Validator, Durov Says

Telegram founder Pavel Durov said Telegram will replace the TON Foundation as the main driving force behind The Open Network (TON) and become its largest validator, signaling a deeper operational role for the messaging platform in the blockchain ecosystem. In a Monday Telegram post, Durov said TON fees had dropped sixfold to “nearly zero” and…

Crypto PAC spends $500K in support of Indiana candidate ahead of primary

Defend American Jobs, the cryptocurrency-backed political action committee (PAC) affiliated with Fairshake, reported spending more than $500,000 on media to support a Republican incumbent representative in Indiana. According to a Saturday filing with the US Federal Election Commission (FEC), the Defend American Jobs PAC spent about $514,000 on media in support of James Baird, a…

XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally

XRP is back above $1.42, and traders are starting to focus on a chart setup that sent XRP up 66% in less than two weeks when it appeared in 2025. News Background • Analysts flagged a repeating XRP chart fractal from 2025, when a breakout from a multi-week bull flag triggered a rally toward all-time…

XRP’s 2025 Chart Fractal May Repeat Another 66% Price Rally to $2.35

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive gains. Key takeaways: XRP is currently displaying a technical pattern similar to the 2025 price action that ignited a 66%…

Bitcoin Rallies Higher Even As Derivatives Lack Conviction

Key takeaways: While Bitcoin onchain activity and derivatives show a lack of participation from traders, record spot ETF inflows point to strong institutional demand. The absence of leveraged longs may actually fuel further upside as sellers are forced to buy back if Bitcoin edges higher. Bitcoin (BTC) gained 7% over the past week, breaking above…

Kalshi, Hyperliquid, IB Still Serve Dutch Users as Polymarket Ban Fails to Clear the Market

Dutch users can still access crypto prediction markets despite a previous ban on market leader Polymarket. Polymarket was banned by the Dutch Gaming Authority (Ksa) in February for operating without a gambling license. However, US-based Kalshi, crypto exchange Hyperliquid and investment giant Interactive Brokers are still offering prediction markets to Dutch users, according to an…

Ripple CEO Says Market Structure Bill Not a ‘Done Deal,’ Despite Stablecoin Compromise

Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not guarantee success for the legislation, speculating that the next two weeks would be crucial. Speaking at the Consensus crypto conference in Miami, Garlinghouse said that the likelihood of the market structure…