Author: MAK Gojar

With much of the globe celebrating Christmas, bitcoin (BTC) quietly appeared set to retake the $100,000 level after having fallen to below $93,000 just ahead of the holiday.The rally, however, stalled at just above $99,800 as Asia opened for business on Thursday morning and declined rapidly to roughly $95,000 only a few hours later.Bitcoin at press time was trading at $95,300, down 3.1% over the past 24 hours.The broader CoinDesk 20 Index was lower by 4.2% over the same time frame, with ETH, SOL, XRP, ADA and AVAX among cryptos in that gauge sporting 4%-7% losses.U.S. markets are open on…

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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 3333.82, down 5.0% (-176.57) since 4 pm ET on Wednesday.None of the 20 assets are trading higher.Leaders: ETH (-3.7%) and BTC (-3.7%).Laggards: HBAR (-8.2%) and APT (-7.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk’s Most Influential 2024, was compromised and used to promote a fictitious token, the company said in a post on the social media platform.Animoca, a metaverse and gaming venture capital firm, posted a warning on its own account at 01:36 UTC on Thursday saying Siu’s account had been compromised and the company was not introducing an official token or non-fungible token (NFT). The exploit was probably perpetrated through a phishing email that purported to come from X and be related to copyright infringement, according to ZachXBT. The crypto exploit…

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Regulatory overhaul in America and a thawing of crypto antagonism globally in 2025 will usher in a new generation of decentralized capital formation, which was first popularized in 2017 as “ICOs” (initial coin offerings).During the 2010s, crypto hadn’t settled on a productive use case for Bitcoin and altcoins until Ethereum smart contracts enabled early-stage teams to raise capital from supporters dispersed around the world. We saw Ethereum bootstrap a global decentralized computer which spawned DeFi, NFTs and various crypto primitives funded by less than $20 million raised from a global community.Many other projects soon followed suit and we observed a…

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It’s no big secret that the cost of attending a four-year college or university in the United States is out of control. It’s almost gravity defying how the cost of college has increased relative to regular inflation over the past twenty years. In fact, more than 500 nonprofit private colleges have shut down in the last decade according to the Wall Street Journal, which was “three times what it was in the decade prior.”The news is about to get worse, and there is a stern warning announcement coming from the pilot in the cockpit. 2025 is going to have a lot of…

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South Koreans are paying a full 3% more to buy bitcoin (BTC) than their U.S. counterparts as they seek protection from the plummeting won, CryptoQuant data show.Priced in won, the largest cryptocurrency is valued at 145,000,000 ($98,600) on the country’s largest crypto exchange, Upbit. That compares with about $96,700 on Coinbase (COIN). The move follows a vote by the South Korean parliament to impeach Han Duck-soo, the prime minister and acting president, just weeks after impeaching President Yoon Suk Yeol. The won slumped to a 15-year low against the dollar.”This unfolding saga is fundamentally about election fraud and the erosion…

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A Pump.Fun memecoin zoomed from zero to an $80 million market capitalization on Thursday after a father’s plea for donations to a research study for his daughter’s rare brain cancer attracted swathes of crypto traders.The MIRA token’s price has fallen 80% from a Thursday peak and trades at just over a cent as of Friday. But while late buyers are sitting on losses, the effort raised over $1 million for the cause.In an X post on Thursday, Siqi Chen, founder of the Runway corporate finance planning application, said his daughter Mira was diagnosed with a type of brain tumor in…

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