CoinDesk 20 Market Update: Chainlink (LINK) Surges 3.3% Leading the Index Forward
The CoinDesk 20 Index showcases significant gains, with Chainlink leading the charge and Ethereum also performing notably.

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The CoinDesk 20 Index showcases significant gains, with Chainlink leading the charge and Ethereum also performing notably.
Grayscale Ventures has unveiled two new investment trusts focused on Sui’s DeepBook and Walrus protocols, allowing accredited investors direct access to the underlying tokens.
Transak has successfully raised $16 million in a funding round aimed at boosting its stablecoin payment infrastructure and expanding into new markets.
The company is set on acquiring a significant portion of Ethereum, eyeing a $20 billion fundraise to boost its ETH holdings.
Circle announced a $428 million net loss for Q2, despite a revenue boost linked to its USDC stablecoin, while unveiling its new Arc blockchain aimed at enhancing stablecoin transactions.
The first-ever round-the-clock settlement of U.S. Treasuries utilizing tokenized assets and USDC has been achieved, marking a significant milestone in financial technology.

The global cryptocurrency market cap sees a rise as Bitcoin and Ether hold their ground while Ethena hits significant total value locked metrics, catching the attention of investors.
The Tokyo-headquartered firm has expanded its Bitcoin reserves to over $1.21 billion following a new purchase.
Traders are gearing up for potential market volatility as inflation data looms, impacting the outlook for Bitcoin and other risk assets.
The popular cryptocurrency DOGE experiences a sharp decline on high trading volume, approaching specific support levels.
Bitcoin's quick rebound has sparked discussions about its sustainability, driven largely by market positioning rather than buyer engagement.
The upcoming inflation reports could significantly influence Bitcoin's market momentum, according to analysts.

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