Jamie Crawley is a CoinDesk news reporter based in London.
CoinDesk 20 Index: 2,056.03 +1.34% Bitcoin : $64,350.91 +1.14% Ether : $2,6424.48 +0.09% S&P 500: 5,722.26 -0.19% Gold: $2,678.25 +0.8% Nikkei 225: 38,925.63 +2.79%
to around $64,300, trading just over 1% higher in the last 24 hours. Other major tokens also registered gains, with ether adding 0.4% to $2,630. The CoinDesk 20 Index, a weighted measurement of the digital asset market at large, rose nearly 1.2%. In other markets, gold hit a record high and Asian stocks surged amid reports that China's central bank will inject around $142 billion of stimulus into the biggest state banks to increase their capacity to support the struggling economy.
The seven-day moving average of the measure on Celo has climbed to nearly 700,000, nearly matching Tron's tally, according to data tracked by Artemis. The surge follows Tether's decision to deploy its industry-leading dollar-pegged stablecoin, USDT, on Celo in March. Since then, USDT worth over $200 million has been issued on Celo. On Wednesday, Ethereum founder Vitalik Buterin cheered Celo's progress on X, galvanizing investor interest in the CELO token.
Options expiring on Nov. 8, are pricier compared to later dates, a sign traders anticipate significant market movement around the U.S. election results.award-winningin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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