Analysis

Costs. (Geralt/Pixabay)
Bitcoin Breakout Halts as U.S. Inflation Data Looms
The Bureau of Labor Statistics is set to release March 2024 CPI data Wednesday at 8:30 a.m. ET (12:30 UTC).
Costs. (Geralt/Pixabay)

A C-17 Globemaster III from the 437th Air Wing, Charleston Air Force Base, S.C., air delivery pallets of water and food to Mirebalais, Haiti, Jan 21, 2010 to be distributed by the members of the United Nations.  Department of Defense assets have been deployed to assist in the Haiti relief effort  following a magnitude 7 earthquake that hit the city on Jan. 12, 2010. (U.S. Air Force photo/Tech. Sgt. James L. Harper Jr.)
Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets
Eigenlayer has a 66% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
A C-17 Globemaster III from the 437th Air Wing, Charleston Air Force Base, S.C., air delivery pallets of water and food to Mirebalais, Haiti, Jan 21, 2010 to be distributed by the members of the United Nations.  Department of Defense assets have been deployed to assist in the Haiti relief effort  following a magnitude 7 earthquake that hit the city on Jan. 12, 2010. (U.S. Air Force photo/Tech. Sgt. James L. Harper Jr.)

a cleaver chops a lemon in half
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially...
a cleaver chops a lemon in half

Davide Ragusa/Unsplash/Modified by CoinDesk
Crypto Has 'Too Many Tokens' and Mergers Are Coming
M&As could give birth to tokens such as 'ShibaPepes' and 'FlokiDoges,' according to one expert.
Davide Ragusa/Unsplash/Modified by CoinDesk

Typewriter with paper saying "HEDGE FUNDS"
Hedge Funds Hold Record Bearish Bitcoin Bets, Data Show
Most funds may have taken short positions as a part of a "carry trade," one observer said.
Typewriter with paper saying "HEDGE FUNDS"

(Taylor Vick/Unsplash)
Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate.
(Taylor Vick/Unsplash)

(Christian Wiediger/Unsplash)
Telegram's Pivot to TON Payments for Ads Boosts Toncoin
The messaging app's switch to TON from Euro creates a circular economy for the closely-linked crypto.
(Christian Wiediger/Unsplash)

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
Who Will Trump Pick for Veep? Polymarket Gives Tim Scott Best Odds: Prediction Markets
Plus: Free money? "Democrat wins New York" contract trades at 90 cents on the dollar.
Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Blockchain's fortune tellers have no more a crystal ball than in any other sphere of life. But these predictions are as good as any. (Francis Hayman/Metropolitan Museum of Art, modified by CoinDesk)
How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket
Plus: Tesla's delivery numbers will fall short of record, Kalshi traders signal; "Ghostbusters" fandom underestimated.
Blockchain's fortune tellers have no more a crystal ball than in any other sphere of life. But these predictions are as good as any. (Francis Hayman/Metropolitan Museum of Art, modified by CoinDesk)

President Trump Delivers Remarks in New Orleans; Jan 14, 2019
Nearly $100M Wagered on U.S. Presidential Election on Polymarket
Bettors on the crypto-based prediction market platform see a clear path to victory for Trump, and are bullish on Ethereum's ETH hitting an all-time high in 2024 – just not bef...
President Trump Delivers Remarks in New Orleans; Jan 14, 2019