Ethereum has demonstrated remarkable strength in recent trading, forming a clear uptrend with higher lows and higher highs while reclaiming the critical $2,550 pivot level. The price action shows a convincing rebound from the $2,470-$2,495 demand zone, though technical indicators suggest caution as ETH approaches the significant $2,800 resistance level where on-chain data reveals a … Read more
Binance Square, the social network platform rolled out by crypto exchange Binance in October 2022, is launching a livestream product. The feature, Binance said, will provide experienced traders and content creators another means of engaging their audience. Livestreams should foster learning, increase engagement on the platform, and enhance users’ market insights. Livestreaming is already a … Read more
The U.S. Senate has never been closer to approving a major piece of crypto legislation as it mulls the stablecoin-regulation bill, but some Democrats are insisting that the final debate needs to address the accused conflicts of President Donald Trump. Proponents of the U.S. stablecoin legislation were hoping to cap off their effort in a … Read more
Strategy (MSTR) has acquired an additional 4,020 bitcoin BTC for roughly $427 million, pushing its total holdings to 580,250 BTC, the company said. The latest acquisition was funded through three ongoing at-the-market (ATM) equity programs, according to a press release. Between May 19 and May 25, Strategy sold 847,000 shares of its common stock (MSTR) … Read more
Pakistan has committed 2,000 megawatts of electricity to bitcoin mining and artificial intelligence data centers, the country’s finance ministry said. The committed energy is being directed from coal-fired power plants that are currently running at 15% capacity, Bloomberg reports, in an initiative spearheaded by the Pakistan Crypto Council. By tapping surplus energy, the government hopes … Read more
A U.S. cryptocurrency investor is facing criminal charges after allegedly kidnapping and torturing a man in Manhattan for weeks in an attempt to steal his bitcoin BTC. John Woeltz, 37, was arraigned on Saturday on multiple charges, including kidnapping, assault, and illegal gun possession, after he held a 28-year-old Italian man captive in a luxury … Read more
Privacy-focused cryptocurrency monero XMR has overtaken litecoin LTC and toncoin TON to rank among the top 25 digital assets by market value. The so-called flippening is characterized by XMR’s market capitalization topping $7.5 billion, racing ahead of TON’s $7.48 billion and LTC’s $7.35 billion, according to data source Coingecko. Monero (XMR) is a decentralized, peer-to-peer … Read more
The original meme coin continues its bullish momentum as global economic uncertainties push investors toward alternative assets. DOGE’s technical structure shows a series of higher lows and higher highs, with support firmly established at $0.225 and resistance at $0.230 recently breached. Market analysts point to the formation of a “bull flag” pattern suggesting continuation of … Read more
One of the most closely watched crypto wallets in recent weeks is now betting on pepe (PEPE), days after drumming up a record billion-dollar notional position on bitcoin BTC on the onchain trading platform Hyperliquid. The wallet has gone long on PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes … Read more
10x Research, led by Markus Thielen, likes bearish options bets on Strategy (MSTR) as the Nasdaq-listed bitcoin BTC holder’s share price diverges from the upward trending BTC price. In a report sent to clients Friday, Thielen recommended a bear put spread on MSTR, involving a long position in the $370 put option and a short … Read more
Geopolitical tensions and shifting trade policies continue to influence cryptocurrency markets, with Shiba Inu ‘s SHIB token demonstrating remarkable resilience amid broader economic uncertainty. After experiencing a significant mid-day sell-off, SHIB staged an impressive recovery during the 22:00 hour, surging 3.0% on nearly 900 billion in volume before establishing a new resistance level at $0.0000147. … Read more
Bitcoin BTC rebounded to just under $110,000 on Monday after a turbulent weekend sell-off triggered by U.S. President Donald Trump’s abrupt tariff threats on the European Union (EU). After the tariff announcement, a temporary easing in trade tensions contributed to a recovery in digital assets. Trump extended the deadline for the proposed 50% tariffs on … Read more
TRX has demonstrated remarkable stability amid broader market volatility, establishing a higher trading range between $0.269-$0.273 with significant volume support, according to CoinDesk Research’s technical analysis data model. The resilience comes as traditional markets struggle with uncertainty from escalating trade disputes between major economies. While Bitcoin and other cryptocurrencies experience price fluctuations, TRX’s consistent performance … Read more
Global economic tensions and trade disputes continue to influence cryptocurrency markets, with ETH showing resilience despite broader market uncertainty. The second-largest cryptocurrency is currently navigating a critical technical zone between $2,500-$2,530, which analysts identify as immediate resistance that must be overcome for continued upward movement. Institutional interest remains strong, with spot Ethereum ETFs recording consecutive … Read more
Global economic tensions are weighing heavily on cryptocurrency markets as XRP experiences a significant correction amid heavy selling pressure. The recent announcement of potential 50% tariffs on European Union imports by the US government has triggered widespread market uncertainty, with XRP falling alongside most major cryptocurrencies despite Bitcoin recently reaching new all-time highs. Technical analysts … Read more
Bitcoin’s recent pullback has established strong volume-based resistance near $108,300, with support forming in the $106,700-$107,000 zone. The correction accelerated with a notable price surge from $107,373 to $107,671 between 13:06-13:36, followed by a sharp reversal. Technical analysis suggests Bitcoin is now trading within a compression zone, trapped between two major fair value gaps that … Read more
What happens when retail logs off from crypto and Wall Street tunes in? Looking at bitcoin’s BTC recent all-time-high, one would say it feels bullish and the industry is maturing. That might as well be the case, but we might not be there yet. So before we floor our Lambos, let’s look under the hood. … Read more
The cryptocurrency market faces renewed pressure as Solana (SOL) dropped below its stable $177 trading range, reflecting broader concerns about global economic stability. The correction coincides with increasing geopolitical tensions that have rattled financial markets worldwide, forcing investors to reassess risk exposure across digital assets. Despite the pullback, Solana’s ecosystem continues to expand with R3’s … Read more
A U.S. judge has overturned the fraud and market manipulation convictions of Avraham Eisenberg, the crypto trader accused of draining $110 million from the now-defunct decentralized finance protocol Mango Markets. On Friday, U.S. District Judge Arun Subramanian ruled that prosecutors failed to prove Eisenberg made false representations to the platform. He also moved to acquit … Read more
If you’ve ever wanted to have your Solana wallet on your wrist while flexing your wealth, Swiss watchmaker Franck Muller is making that a reality. The watch market is stepping into the Web3 ecosystem with a Solana-inspired, limited-edition series of watches that contain an embedded unique QR code to directly link to the user’s Solana … Read more
DDC Enterprise (DDC), an Asian food company, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury. The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, according to … Read more
Global economic uncertainties and trade policy shifts are creating ripple effects across cryptocurrency markets, with Dogecoin showing resilience despite recent downward pressure. The meme coin has formed a clear bearish channel with resistance at $0.236, though strong buying emerged at support levels, indicating investor confidence remains despite broader market concerns. Technical Analysis Highlights DOGE experienced … Read more
Shiba Inu (SHIB) has stabilized following significant price volatility, establishing a consolidation pattern between $0.00001440 and $0.00001456. The meme token faced intense selling pressure with volume reaching 1.72 trillion during peak decline, but multiple tests of support at $0.00001440 showed strong buyer interest. Despite short-term fluctuations, blockchain data reveals remarkable holder loyalty, with over 1.13 … Read more
Mihailo Bjelic, one of the four co-founders of Polygon, is exiting the network. Bjelic made the announcement on X, “After much thought and reflection, I’ve decided to step down from the board of the Polygon Foundation, and wind down my day-to-day involvement with Polygon Labs,” he said. With Bjelic’s exit, co-founder Sandeep Nailwal becomes the … Read more
Bullish crypto bets lost over $500 million in the past 24 hours as traders took profits and markets slid following President Donald Trump’s fresh threats of tariffs on European imports and Apple products, sparking a wave of liquidations. Bitcoin, which had been trading above $111,000, dropped quickly to around $108,600, wiping out intraday gains and … Read more
The crypto market turned red over the weekend, with Dogecoin (DOGE), Cardano’s ADA, and XRP each dropping over 7% as profit-taking set in after a strong week. Bitcoin fell from a daily high of $111,200 to just over $107,000 on Friday, causing a swift change in sentiment. The drop came as President Donald Trump revived … Read more
Crypto stocks suffered a red day on Friday, especially bitcoin BTC treasury companies such as Strategy (MSTR) and Semler Scientific (SMLR) — each down roughly 6% even as bitcoin slipped only a bit more than 2%. Japan-listed Metaplanet is lower by 24%. The price action comes amid a continuing debate taking place on social media … Read more
Crypto traders betting on a steady bitcoin BTC rally got a sharp reminder of headline risk from Donald Trump’s latest tariff threats. Over $300 million worth of leveraged derivatives positions were liquidated across centralized exchanges in the past four hours, according to CoinGlass data, as crypto prices plunged following the news. Nearly all liquidations came … 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 3239.11, down 3.2% (-107.44) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: SOL (-1.1%) and BCH (-1.8%). Laggards: SUI (-6.8%) and NEAR … Read more
Medical equipment company Semler Scientific (SMLR) announced its third-largest bitcoin BTC purchase since adopting a bitcoin standard roughly one year ago. The company in the ten days ending May 22 acquired 455 BTC for $50 million, averaging $109,801 per bitcoin. This acquisition, funded through its at-the-market (ATM) equity offering program, brings Semler’s total holdings to … Read more