Dogecoin {{DOGE}] jumped 4.8% over the past 24 hours, climbing from 18 cents to 19 cents amid renewed bullish momentum and significant trading volume. The rally, marked by a V-shaped recovery from key support levels, is indicative of DOGE’s resilience as it attracts attention from both retail and institutional investors. News Background Dogecoin’s latest rally … Read more
Bitcoin BTC stayed steady above $109,500 in Asian morning hours Wednesday, a rebound that started after last week’s profit-taking. However, all eyes are on ether ETH with traders commenting on upside volatility in the weeks to come and reporting record volumes for certain ETH-based products on some exchanges. ETH zoomed 5% in the past 24 … Read more
OpenTrade has raised $7 million in a strategic round led by Notion Capital and Mercury Fund, with backing from a16z crypto, AlbionVC, and CMCC Global. The latest funding brings the London-based company’s total haul to $11 million in just six months, a signal of investor confidence in the startup’s push to bring yield-bearing stablecoins to … Read more
Decentralized Layer 1 blockchain XRP Ledger’s (XRPL) sidechain that’s compatible with the Ethereum Virtual Machine (EVM) is set to go live in the second quarter, Jaazi Cooper, director of product management at Ripple, and David Schwartz, Ripple’s chief technology officer said at the ongoing APEX 2025 conference in Singapore. EVM compatibility refers to the ability … Read more
SINGAPORE – Brad Garlinghouse, CEO of crypto company Ripple Labs, stated at the XRP Ledger Apex, the Ripple (XRP) community conference in Singapore, that he remains bullish on stablecoins – a sentiment he said is reinforced by the recent blockbuster Circle CRCL initial public offering (IPO). “Circle IPO’s clearly went very well. That’s a reflection … Read more
Bitcoin BTC is trading at $109.7K as the Wednesday trading day begins in Asia, according to CoinDesk market data. While the world’s largest digital asset is trading flat in the early hours of the session, CoinDesk market data shows that it’s up 4% on the week. An expected Bank of Japan rate cut isn’t doing … Read more
President Donald Trump’s pick to be chairman of the U.S. commodities watchdog, Brian Quintenz, fielded crypto questions more than any other topic at his Senate confirmation hearing on Tuesday, and he assured the lawmakers that the agency can walk a middle ground between unhampered innovation and robust consumer safeguards. Even as Quintenz awaits the Senate … Read more
Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins. Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock markets Tuesday. The CoinDesk 20 — an index of the top 20 cryptocurrencies … Read more
Aptos’ APT token surged more than 4% following a bullish breakout, according to CoinDesk Research’s technical analysis model. The token smashed through resistance at the $5 level and is currently 4.2% higher, trading around $5.065. Despite facing a 19% monthly decline and competition from emerging blockchain platforms, APT’s recent price action suggests potential accumulation before … Read more
Solana SOL surged 5% in after U.S. hours on Tuesday on a Blockworks report saying that U.S. regulators are moving forward in the regulatory process necessary to make spot SOL exchange-traded funds (ETF) reality. The U.S. Securities and Exchange Commission reportedly asked prospective issuers to amend their S-1 filings in the next week, according to … Read more
Ether (ETH) ETH began the 24-hour session around $2,576 in early Asian trading, briefly dipped to $2,562 on light volume, then saw buying interest surge around 21:00 UTC on June 9 as turnover topped 436,000 coins, according to CoinDesk Research’s technical analysis model. A second wave of demand just before 11:00 UTC on June 10 … Read more
Bitcoin’s BTC rise to new all-time highs is happening on a backdrop of deep economic strain, according to a new report from Cathie Wood-led ARK Invest. Bitcoin’s 11.1% climb in May, outpaced gold and broke through key resistance levels, said ARK. Gains also coincided with clear signs of stress in the housing and auto sectors, … Read more
The House Agriculture Committee sent a major bipartisan message with a 47-6 advancement of the U.S. crypto market structure bill on Tuesday, marking the first of several expected developments in the advancement of digital assets legislation expected this week. A second congressional panel, the House Financial Services Committee, was also hashing out some of the … Read more
As President Donald Trump’s trade war threatens to upend the global economy, an interesting divergence has emerged that could potentially grease the bitcoin BTC bull run. The divergence in consideration is the elevated yields on U.S. Treasury notes that threaten to compound the fiscal issues, and the renewed negative flip in yields on Swiss government … Read more
The U.K.’s financial services regulator, the Financial Conduct Authority (FCA), appointed a deputy chief executive for the first time, naming Sarah Pritchard to the role as it looks to bolster its oversight of the crypto and digital assets industry. “The new role has been created to reflect the FCA’s expanding remit, with … regulation of … Read more
Ethereum’s ether ETH token, which has been in the shadows of bitcoin BTC for a long time, is now becoming the new favorite. Data from TradingView shows that the spread between Volmex’s annualized 30-day ether implied volatility index (EVIV) and bitcoin’s 30-day index (BVIV) has jumped to 34%, the highest since November 2022. Back then, … Read more
Decentralized finance (DeFi) firm Aave is arriving on Soneium, the Ethereum L2 blockchain linked to Japanese electronics giant Sony, the companies said on Tuesday. Decentralized finance, which shot to prominence during the so-called “DeFi summer” of 2020, is resurgent, amid a huge growth in stablecoins and crypto-backed lending. The integration of GHO, Aave’s decentralized overcollateralized … Read more
The Open Network (TON) cryptocurrency has demonstrated strong momentum, rising 4.1% in the last 24 hours, according to CoinDesk Research’s technical analysis model. The price action formed a clear uptrend with higher lows and higher highs, breaking through key short-term resistance levels on high trading volume before consolidating near $3.35. The CoinDesk 20 — an … Read more
Cardano’s native token ADA ADA added 3% in the past 24 hours after Nasdaq said it expanded its crypto benchmark index from five to nine assets, adding ADA alongside XRP XRP, Solana SOL and Stellar XLM. ADA experienced significant price volatility overnight, establishing a 8.8% trading range between $0.66 and $0.72, according to CoinDesk Research’s … Read more
Cryptocurrency is too often viewed through the narrow lens of price. The dominant narrative surrounding Bitcoin, Ethereum, and the broader crypto market has become fixated on one idea: numbers go up. Did Bitcoin break $100,000? Did Ethereum double in a month? Is this altcoin going to the moon? Financial media, X pundits, and even crypto … Read more
Avalanche’s token AVAX is demonstrating short-term strength, climbing from $20.91 to a peak of $22.47, which represents a 7.4% range, according to CoinDesk Research’s technical analysis model. The token then experienced a 1.65% correction. AVAX is up 4.2% in the last 24 hours. The CoinDesk 20 — an index of the top 20 cryptocurrencies by … Read more
Decentralized finance (DeFi) tokens UNI, AAVE and SKY all rose by more than 20% on optimistic comments from SEC Chair Paul Atkins at a Monday roundtable discussion about the sector. Atkins instructed the regulator to explore exemptions to let decentralized finance (DeFi) firms conduct operations without as many restrictions. “The right to have self-custody of … Read more
Artificial intelligence (AI) is widely regarded as one of the most transformative technologies of this century. Naturally, the prospect of decentralized AI systems powered by Web3 infrastructure holds significant conceptual appeal. However, despite this seemingly compelling value proposition, Web3-AI has failed to achieve meaningful traction in the broader AI ecosystem. As frontier AI capabilities accelerate … Read more
South Korean President Lee Jae-myung’s Democratic Party submitted a bill to parliament that would allow qualifying companies to issue stablecoins, Bloomberg reported on Tuesday. The Digital Asset Basic Act is aimed at improving transparency and encouraging competition in cryptocurrency, Bloomberg said. Companies would be able to issue their own stablecoins provided they have at least … Read more
Long-term holder (LTH) bitcoin supply, as tracked by Glassnode, has surged to a record 14.46 million BTC, signaling confidence that price gains are in store. LTHs, defined as investors holding bitcoin BTC for at least 155 days, are often seen as “smart money,” strategically buying during price dips and selling during bull market peaks. This … 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 3257.3, up 3.3% (+103.91) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: UNI (+21.6%) and AAVE (+17.0%). Laggards: XRP (+0.6%) and BTC (+0.9%). The … Read more
Polkadot (DOT) gained as much as 6.3% amid renewed interest in its parachain ecosystem and Polkadot 2.0 developments, and a wider rally in the crypto market. Closing price of $4.129 positions DOT above the psychological $4.10 resistance level, suggesting continued bullish sentiment, according to CoinDesk Research’s technical analysis model. DOT is currently 6% higher, trading … Read more
The future of money has arrived, with 60% of Fortune 500 companies actively working on blockchain initiatives, digital asset exchange Coinbase (COIN) said in its second quarter State of Crypto report published Tuesday. Stablecoin usage is exploding with a 54% growth in supply year-on-year, more than one third of small and medium sized businesses (SMB) … Read more
Long-time Ethereum advocate William Mougayar is to be the curator and editor of the Ethereum Market Research Center (EMRC), a community-led initiative aimed at raising the profile of the blockchain’s ecosystem among institutional and professional audiences. EMRC will feature contributions from prominent builders, researchers and analysts across the Ethereum landscape. It will include original research … Read more
The developers of Bitcoin Core, the primary open-source software for connecting the blockchain behind the world’s largest cryptocurrency, said October’s version 30 release will increase the default limit for OP_RETURN data transactions from the current 80 bytes to nearly 4MB, a limit imposed by Bitcoin’s block size. The proposal for the change, which was confirmed … Read more