Render climbs 3.3% while Solana adds 3.0%, helping drive the index upward.

<div><div><div><p><a href="https://www.coindesk.com/indices/" rel="nofollow">CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href="https://www.coindesk.com/indices/cd20/" rel="nofollow">CoinDesk 20 Index</a>.</p></div></div><div><div><p>The CoinDesk 20 is currently trading at 1971.01, up 1.3% (+25.63) since yesterday's close.</p></div></div><div></div><div><div><p>Thirteen of 20 assets are trading higher.</p></div></div><div><div><p>Leaders: RNDR (+3.3%) and SOL (+3.0%).</p></div></div><div><div><figure><picture><source></source><source></source><source></source><source></source><source></source><source></source><img src="https://www.coindesk.com/resizer/63x1PSuGppIuTphMQ3vrIeio0Xk=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CUDXAZGA4NCOFP2E26HN2O3AA4.jpg" alt="9am CoinDesk 20 Update for 2024-08-14: leaders"></picture><figcaption><span></span></figcaption></figure></div></div><div><div><p>Laggards: ATOM (-2.0%) and APT (-1.6%).</p></div></div><div><div><figure><picture><source></source><source></source><source></source><source></source><source></source><source></source><img src="https://www.coindesk.com/resizer/YWvso2Xt9Ew3j-c5wrg8Y1z2ue0=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3YOCPHWML5C4POTLEB7DHJVH54.jpg" alt="9am CoinDesk 20 Update for 2024-08-14: laggards"></picture><figcaption><span></span></figcaption></figure></div></div><div><div><p>The <a href="https://www.coindesk.com/indices/cd20/" rel="nofollow">CoinDesk 20</a> is a broad-based index traded on multiple platforms in several regions globally.</p></div></div><div><p>Edited by Stephen Alpher.</p></div></div><div><div><div><div></div></div></div></div><div><div><div></div></div></div>

CoinDesk 20 Performance Update: RNDR and SOL Propel Index to a 1.3% Increase

Bitcoin's fundamentals have never changed; what has changed is its price in a continuously depreciating fiat currency system.

The real risk of Bitcoin is never price pullbacks.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
---------------------------------------------------------------
A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...

The absence of black swan events suggests there may be other reasons for Bitcoin's current oversold condition.

Author: BruceBlue, Bing Ventures
Prologue: The Pendulum of Time, the Neighing of the Red Horse

We stand at a historical juncture. While the world's clamor leaves us bewildered about the future, ancient Eastern wisdom has already marked the next crucial point on the timeline: 2026, the Year of the Fire Horse.

This is no ordinary year. In the sixty-year cycle, it is given a powerful name: the Red Horse. Together with the following Year of the Red Sheep, 2027, it forms a cycle that has repeatedly stirred up tremendous waves in the long river of history: the Red Horse...