CoinDesk

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Looks north; Dealer gamma, Vol and DXY in focus Bitcoin (BTC) just shattered records, surging past $123,000 early Monday, continuing the march to $140,000 levels indicated by the strong breakout in BlackRock’s IBIT last … Read more

Bitcoin (BTC) has surged to new all-time highs above $123,000 and just logged its highest-ever weekly close at $119,500, following another record weekly close the week before. Year to date, BTC is now up around 30%, pulling ahead of gold which has gained approximately 27% during the same period. According to analysis by Charlie Bilello, … Read more

Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is now among the wealthiest individuals — or group of individuals — on the planet, without ever moving a single dollar of their fortune or revealing any identifying details about themselves. With BTC climbing above $122,000 on Monday, Satoshi’s estimated 1.1 million coins are worth over $134 billion, according to … Read more

Aptos’ APT (APT) climbed as much as 4.5% in the last 24-hours. The token exploded higher at 01:00 UTC on massive volume of 1.64 million units, 29% above the daily average, according to CoinDesk Research’s technical analysis model. The model showed price spikes from $4.97 to $5.06 in single hour, establishing $4.96 as new support … Read more

What to know: DOGE rallied 5.05% between July 13 06:00 and July 14 05:00, rising from $0.200 to $0.210 with a total trading range of $0.01 (6% volatility). The breakout above $0.200 resistance was confirmed by back-to-back volume spikes of 615.53M and 581.80M during the 03:00–04:00 session. Institutional accumulation was visible as volume exceeded the … Read more

Bitcoin (BTC) extended its breakout to a new all-time high of $122,000 on Monday, triggering a broad crypto rally as ETF inflows, short liquidations, and policy optimism from Washington continued to buoy a bullish mood. Ether (ETH) broke through $3,000, supported by $383 million in ETF inflows on Friday. Majors tokens have surged in the … Read more

More than $680 million in crypto positions were liquidated over the past 24 hours with short traders taking the bulk of the pain as a bitcoin (BTC) breakout above $121,000 triggered a chain reaction across derivatives markets. Roughly $426 million of the total liquidations came from bearish bets, according to Coinglass data, making it one … Read more

What to know: XRP rose 6.04% from $2.77 to $2.93 between July 13 06:00 and July 14 05:00, with a $0.171 range and clear breakout through the $2.84 resistance level. Institutional accumulation appeared at 03:00, when trading volume spiked to 176M — double the hourly average — confirming breakout strength. XRP closed above $2.91 despite … Read more

Bill Zanker, who helped U.S. President Donald Trump and his family launch the eponymous NFT collection and memecoin, says there’s more to come from their collaborations. Zanker says he’s still in good graces with the president’s family despite receiving a cease-and-desist from it just weeks ago. “Every day, we’re focused on turning TRUMP into a … Read more

Traders are betting big on bitcoin (BTC) and ether (ETH) as the BTC rally rages on, and observers downplay Tuesday’s U.S. inflation data as a potential barrier for the bull. BTC, the leading cryptocurrency by market value, rose to record highs above $121,000 during Monday’s Asian trading hours, representing a 2.7% gain on a 24-hour … Read more

Metaplanet, the largest corporate bitcoin (BTC) holder outside North America, has purchased an additional 797 BTC, worth around $96 million, bringing its total bitcoin holdings to 16,352. Simon Gerovich, CEO of the Tokyo-listed hotelier, recently told the FT that the firm aims to leverage these holdings as collateral to finance acquisitions of cash‑generating businesses, particularly in … Read more

Bitcoin (BTC) rose past $120,000 for the first time on record, taking the year-to-date gain to 28%. BTC is currently trading above $121,000 as of midday Hong Kong time, according to CoinDesk market data. The move follows President Donald Trump’s decision to impose a 30% tariff on the EU and Mexico, starting Aug. 1, and … Read more

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Rest in Peace, Coinbase Wallet. No, the app itself isn’t going … Read more

Caffeine is an innovative platform built on the Internet Computer (ICP) blockchain that enables users to create decentralized Web3 applications using natural language commands — no coding skills needed. By simply describing what they want, users interact with an AI-powered system that instantly generates fully functional, secure, and scalable apps running entirely on-chain. These apps … Read more

“Hyperbitcoinization” — an almost apocalyptic term evoking end-of-days fiat collapse and bitcoin’s parabolic rise to global reserve status — is increasingly being discussed in more serious circles. For hardcore bitcoin maximalists, it’s long been the ultimate scenario: a financial utopia where individuals, institutions and even nations are all-in on a bitcoin-only system as the fiat-based … Read more

According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin (BTC) price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period. Bitcoin’s achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover … Read more

“Please don’t fall for misinformation,” Indian crypto exchange CoinDCX’s Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved user funds to non-compliant entities in Lithuania. The allegation was reportedly made by another Indian exchange, WazirX, which has been under scrutiny since last year’s $230 million hack. In an affidavit filed as … Read more

On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. If approved, the move would mark the expansion of PYUSD beyond its current availability on Ethereum and Solana. PayPal described Stellar as a … Read more

Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve, chief executive officer Siguang Peng said in a press release, adding that Ethereum has “emerged as the foundation of on-chain USD settlement and value transfer.” “By … Read more

12 minutes. That’s how long it took for Pump.fun’s token offering to raise roughly $500 million from retail investors across various exchanges, including Bybit, Kraken, and KuCoin. The sale priced 125 billion tokens at $0.004 apiece, implying a $4 billion fully diluted valuation for the Solana-based memecoin launcher’s new utility token. For now, holders must … Read more

Tether has announced it will wind down USDT on five lesser-used blockchains after usage on those networks wanes. Redemptions and token minting on Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand are set to stop on Sept. 1, 2025. Remaining tokens are to be frozen on the same day, according to a … Read more

Coinbase broke with its usual blue logo on X, posting a Pudgy Penguins non-fungible token as its profile picture alongside the quip “new pfp, who dis.” Minutes later, PENGU, the native token of the penguin-themed ecosystem, started surging. The token rose more than 60% in the rally before enduring a correction, but it’s still up … Read more

Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU). The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to letters Trump posted on his Truth Social account. “Mexico has been helping me … Read more

At the time of writing bitcoin (BTC) is hovering around the $118,000 level, flirting with the idea of setting a new all-time high this weekend. On Friday, Bloomberg Senior ETF Analyst Eric Balchunas noted on X that BlackRock’s spot Bitcoin ETF (IBIT) had reached an important milestone at the close of trading on the previous … Read more

Bitcoin’s rally to $120,000 this week has sparked a broader breakout across major crypto assets, with ether (ETH), Solana’s SOL, XRP, and dogecoin (DOGE) all posting high single-digit percentage gains. However, this time, price action isn’t just about momentum, as traders claim that market structure is evolving under the weight of institutional influence. “This isn’t … Read more

What to know: DOGE advanced 8.6% from $0.198 to $0.213 between July 11 06:00 and July 12 05:00 before closing at $0.202 — a full retracement of its intraday gains. Trading volumes surged past 1.1B during the 13:00–15:00 session, establishing resistance between $0.208–$0.213. Support held at $0.200–$0.201 through late-session volatility, with final hour price action … Read more

What to know: XRP rallied 8% from $2.58 to $2.78 between July 11 06:00 and July 12 05:00, with an intraday high of $2.96 at 15:00 before retracing. Afternoon price action saw exceptional volume — over 375M between 13:00–15:00 — with buyers repeatedly defending the $2.70–$2.75 zone. A $14.03M leveraged long was opened on Hyperliquid … Read more

Ethereum’s ether (ETH), the second largest crypto asset, is seeing renewed investor interest, with spot exchange-traded funds (ETFs) in the U.S. recording one of their strongest streak of momentum of their one-year history. On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) booked its largest daily inflow to date, with over $300 million, pushing its total assets … Read more

U.S. lawmakers may actually get a crypto bill to the president’s desk. The House is set to vote on market structure and stablecoin legislation next week, bringing the U.S. a vital step closer to drafting new rules for the industry. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and … Read more

With bitcoin (BTC) trading at a record high above $117,000, some of its largest institutional holders are sitting on massive gains — and show no sign of planning to cash out. Strategy (MSTR), the software company turned bitcoin holding giant, owns nearly 600,000 BTC, according to BitcoinTreasuries.Net data, and has made an estimated $28 billion … Read more