Filecoin Gains as Much as 9% as the Token Breaks Out on High Volume

Filecoin (FIL) exhibited remarkable bullish strength in the last 24 hours, climbing from $2.44 to $2.65 in a decisive 9% advance, according to CoinDesk Research’s technical analysis model. The momentum intensified notably during the 16:00-21:00 timeframe on July 10, as price rocketed from $2.44 to $2.58 amid extraordinary trading volume of 8.18 million tokens at … Read more

GMX Exploiter Return $40M Days After Hack, Token Zooms Higher

The attacker who drained over $40 million from GMX’s V1 contracts earlier this week has started returning funds, suggesting they’ve accepted the project’s $5 million white-hat bounty. The first signs came Friday via an on-chain message: “ok, funds will be returned later.” Hours later, over $10.5 million in FRAX was sent back to GMX’s deployer … Read more

Aptos’ APT Jumps as Much as 9% as Crypto Markets Explode Higher

Aptos’s APT gained as much as 9% in the last 24 hours as crypto markets surged higher. Strong support was established at $4.57 with high-volume confirmation during the bounce, according to CoinDesk Research’s technical analysis model. Technical targets point to $5.20 from $4.57 base, the model showed, with resistance at the $5.03 level. Aptos Labs … Read more

ETH Surges Past $3K as Glassnode Flags Rare Flip in Futures Volume Over Bitcoin

At the time of writing, Ether (ETH) was trading at $3,012, up 8.22% in the past 24-hour period, according to CoinDesk Research’s technical analysis model. The broader crypto market, as gauged by the CoinDesk 20 Index (CD20), was up 6.39% during the same period. In a recently-released research paper titled “Blockchains as Emerging Economies”, the … Read more

Bitcoin at High Leaves Crypto Stocks Mixed as Strategy, Galaxy Gain, Coinbase Falls

Bitcoin’s BTC climb to a record left crypto stocks with mixed reactions as some companies closely tied to the industry advanced while others fell. The largest cryptocurrency by market capitalization rose more than 4% on Thursday, closing in on $118,000. It was recently trading at $117,700, up 5.78% over 24 hours. Strategy (MSTR), the holder … Read more

Bitcoin, Ether, Solana, XRP Price Analysis: BTC Resistance at $120K?

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Resistance at $120K? Bitcoin’s (BTC) upswing has gathered pace, as indicated by the “negative dealer gamma buildup” and IBIT’s bull flag breakout. Bull momentum looks strong, evidenced by the 14-day RSI topping 70 and … Read more

Bitcoin’s Rally Reflects Dollar Weakness, Other Assets Highlight the Barriers Ahead

Bitcoin BTC reached an all-time high on Thursday, and is now in price discovery above $117,000, but the largest cryptocurrency by market cap remains below earlier records set against gold, benchmark equity indexes and the British pound. That’s because much of the recent rally reflects the weakness of the dollar rather than any broad catalyst … Read more

What’s Next for Ether, Solana, XRP and Other Majors as Bitcoin Clears $118K

Bitcoin’s (BTC) decisive break above $118,000 has flipped the risk-on switch for crypto markets, and traders are now watching if altcoins follow with similar momentum or get left behind in a BTC-dominant rally. Historically, bitcoin breaking to new highs acts as a liquidity signal, pulling sidelined capital back into the market and eventually rotating into … Read more