CoinDesk

This week, bitcoin hit a new all-time-high (above $118K) on the back of strong ETF flows and at least $280 million in new bitcoin treasury investments. Treasury projects are also cropping up for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink ETH treasury bought 10,000 ETH for that project, and Bitmine announced plans to raise $2 … Read more

At the time of writing, solana (SOL) is trading at around $166.28, up 6.23% in the past 24-hour period, according to CoinDesk Research’s technical analysis model. Upexi (UPXI), a Tampa-based consumer brands company listed on Nasdaq, announced Friday it has secured approximately $200 million in new financing through a combination of equity and convertible note … Read more

As bitcoin BTC pushed past all-time highs and other cryptocurrencies surged, the rise in stablecoin supply is offering a signal that this rally may have deeper roots. Tether’s USDT and Circle’s USDC, the two largest dollar-pegged stablecoins, each reached new record supplies this week, according to TradingView data. Since the start of July, USDC’s market … Read more

Robinhood Crypto is under investigation in Florida for allegedly falsely advertising its platform as the least expensive way to buy crypto. In a Thursday press statement, Florida Attorney General James Uthmeier said his office has evidence to suggest that crypto traders actually pay more, on average, when using Robinhood than when using competing platforms. “Crypto … Read more

Grayscale has pushed back against the U.S. Securities and Exchange Commission’s (SEC) decision to halt the launch of its large-cap crypto ETF, calling the agency’s stay order both unlawful and harmful to investors. The asset manager filed a letter with the SEC on Friday in response to the unexpected pause on its plan to convert … Read more

Bitcoin’s surge to an all time high on Thursday evoked mixed reactions from altcoins, with some outperforming the largest cryptocurrency by market cap and others lagging behind. And that’s split along industry lines. Tokens associated with decentralized finance (DeFi) and those from layer-2 blockchains are outperforming as investors transition to a risk-on approach. Others, such … Read more

The spot bitcoin exchange-traded funds (ETFs) raked in over $1 billion in inflows on Thursday, marking one of their strongest single-day totals since launch. The surge came as bitcoin broke a new all-time high above $118,000. Leading the pack was BlackRock’s iShares Bitcoin Trust (IBIT), which crossed $80 billion in assets under management (AUM), making … Read more

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3513.86, up 5.3% (+176.17) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: HBAR (+13.5%) and ADA (+12.6%). Laggards: AAVE (+2.1%) and SUI (+2.4%). The … Read more

The Ethereum Foundation has sold 10,000 ether (ETH) to SharpLink Gaming in an OTC deal worth $25.7 million, marking the first time a publicly listed company has directly acquired the token directly from the protocol’s core steward. The transaction was executed at an average price of $2,572.37 per ETH and settled on-chain via the foundation’s … Read more

Shiba Inu’s (SHIB) month-to-date price rally seems to be setting the stage for a double bottom pattern, a major bullish setup. The joke cryptocurrency has risen 18% this month, its best performance since November, with prices gaining over 7% in the past 24 hours alone, according to CoinDesk data. The rally is consistent with the … Read more

The price of PEPE (PEPE) shot up 14% over the last 24 hours, driven by large-scale buying and a broader rebound across the cryptocurrency space that saw bitcoin (BTC) top the $118,000 mark. The token surged from $0.000011141 to $0.000012812, adding fuel to a sector that thrives on online hype and sudden bursts of trading. … Read more

BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve. Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved up, amid a broader cryptocurrency market … Read more

By James Van Straten (All times ET unless indicated otherwise) Bitcoin BTC broke through to new highs above $118,000, but still has more to prove. It needs to reclaim records against other major assets such as gold and the British pound to demonstrate that it is outpacing them on a relative basis. Since July 9, … Read more

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

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’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

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’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

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 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

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

Bitcoin’s (BTC) bull runs have evolved. Gone are the days of adrenaline-pumping rallies marked by wild price swings that kept traders awake night after night in fear of sudden whipsaws and liquidations of leveraged bets. Now, prices climb steadily, much like the boring bull runs in stock markets. For example, from November last year, bitcoin’s … Read more

NEAR traders are demonstrating bullish sentiment over the past 24 hours, with the token advancing from $2.26 to a session high of $2.38 before settling near $2.34. The $0.12 trading range represented a notable 5.04% gain, with peak activity occurring during the July 9 7:00 PM hour when trading volume reached 4.62 million units—nearly triple … Read more

Bitcoin (BTC) clinched a fresh record high above $112,000 on Thursday, attempting to break away from the range it has been trading in for months. The largest and oldest cryptocurrency hit $112,702 during the U.S. session, CoinDesk price data shows. The new record comes less than a day after it briefly topped $112,000 on some … Read more

Sui (SUI), the native token of the Sui network, rose nearly 10% in the past 24 hours after several catalysts over the past week pushed the token in a breakout zone. The token delivered a bullish performance, climbing to $3.24 from $2.94 with a trading range of $0.34 that reflects 11.5% volatility, according to CoinDesk … Read more

Goodbye to vague notions of “soft power” and “impact investing.” Hello to benchmarking, concrete KPIs, and sovereign capital deployed with precision. In the 20th century, Bretton Woods and the Marshall Plan set the financial blueprint for postwar recovery. While the stakes today are just as high, the tools are different. From Ukraine to sub-Saharan Africa, … Read more

Japanese real estate investment firm GATES Inc. unveiled plans to tokenize $75 million of income-generating properties in central Tokyo using the Oasys blockchain to make it easier for foreigners to gain access to the country’s real estate market. The company said Thursday it plans to expand quickly, aiming to eventually tokenize more than $200 billion … Read more

German state-owned development bank NRW.BANK has issued a €100 million ($116.7m) blockchain-based bond, marking one of the largest public-sector moves yet into digital securities in Europe. The two-year bond was issued on the Polygon blockchain and registered using the infrastructure of Cashlink Technologies, a BaFin-licensed crypto securities registrar. This is the first time NRW.BANK has … Read more

Decentralized Autonomous Organizations (DAOs) have epitomized crypto’s boldest dreams: radical decentralization, community-driven innovation, and a wholesale rejection of traditional corporate power structures. Yet even the most daring revolutions often find their way back to familiar territory. Consider the Oneida Community, an audacious 19th-century experiment nestled in the idyllic landscapes of upstate New York. Founded by … Read more

ATOM surged 3.90% over the past 24 hours, climbing from $4.20 to $4.36 peak before settling at $4.33. The range reflects strong momentum as bulls push through critical $4.31 resistance at 19:00 GMT on July 9. Volume spiked 165% above the daily average, confirming bullish sentiment. Price now consolidates between $4.31-$4.35 as traders digest gains. … Read more