Meme-inspired cryptocurrency PEPE surged more than 2.5% in the last 24-hour period, outperforming the memecoin sector as measured by the CoinDesk Memecoin Index (CDMEME), which went up 2.24% in the same period. The price jumped from $0.00000969 to a high of $0.00001027, with trading volumes crossing 314 billion tokens during a rapid price move in … Read more
Filecoin (FIL) rose 2% over the last 24 hours, advancing from $2.37 to $2.42, according to CoinDesk Research’s technical analysis model. The model showed that the digital asset formed robust support at the $2.31 level. The most notable price breakthrough materialized as FIL successfully penetrated the $2.37 resistance barrier amid heavy trading volume of 6,938,918, … Read more
Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin) … Read more
Plume Network, a modular Layer 2 blockchain dedicated to real-world assets (RWAs), is now an SEC-regulated transfer agent, streamlining the issuance, transfer, and management of tokenized securities. The network’s native token (PLUME) rose by 25% following the announcement as daily trading volume rose by 186%, according to CoinMarketCap. As a registered transfer agent, Plume will … Read more
Shares of Leap Therapeutics (LPTX) climbed 25% after the microcap cancer drug developer announced a $58.9 million private investment led by Winklevoss Capital to kickstart a crypto treasury strategy. The investment, structured as a private placement, includes common shares and warrants priced at $0.61439 per unit. Winklevoss Capital, founded by Cameron and Tyler Winklevoss, will … Read more
The Bitcoin (BTC) options market has grown so large and so structurally diverse that it is now influencing the price of bitcoin itself, according to a report by trading firm FalconX. Open interest in BTC options has swelled to nearly $80 billion, up from around $8 billion at the start of the year, putting it … Read more
The wave of massive contracts in the artificial intelligence (AI) and high-performance computing (HPC) sector continues, with the latest coming from OpenAI, which has agreed to buy tens of billions of dollars worth of chips from Advanced Micro Devices (AMD). The deal, according to the Financial Times, could also see OpenAI acquire up to a … Read more
BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury firm led by Fundstrat’s Thomas Lee, continued to buy ether (ETH) adding 179,251 tokens to its balance sheet through last week, worth roughly $820 million at current prices. With the latest purchase, the firm’s ETH stash surpassed 2.83 million tokens, more than 2% of the second … 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 4363.76, up 0.3% (+11.08) since 4 p.m. ET on Friday. Five of 20 assets are trading higher. Leaders: BTC (+1.5%) and ETH (+1.3%). Laggards: FIL (-2.5%) and LTC (-2.4%). … Read more
Shares of Galaxy Digital rose 8% in premarket trading Monday as the company rolled out GalaxyOne, a mobile and web platform built to give retail investors access to a blend of cash, crypto, and equity investing tools, with yield at the core. The app gives users access to FDIC-insured high-yield cash accounts, crypto trading, and … Read more
Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in bringing blockchain to credit markets, the broker said in a Monday report. The stock was 2% higher in early trade, around $41.10. Bernstein said Figure is doing for lending what stablecoins did for payments, tokenizing … Read more
With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period. Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add … Read more
The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report. Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating … Read more
Grayscale has introduced staking to its ether and solana investment products, becoming the first firm to offer staking through U.S.-listed spot crypto exchange-traded products (ETPs). The update applies to the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF (ETH), and Grayscale Solana Trust (GSOL), which were already available to investors. Grayscale’s ETHE has an … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Big weekend buzz: Bitcoin (BTC) shot up to record highs, and its dominance rate ticked up too, signaling fresh bias toward the top cryptocurrency. But the headline wasn’t just about crypto — Japan’s new prime minister openly backing “Abenomics” was an even bigger deal. That means … Read more
Ledn CIO John Glover, who correctly predicted recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market. BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed … Read more
BNB, the token that powers the BNB Chain and is used for fee discounts on Binance, rallied over 4% in the last 24-hour period, pushing past $1,200 and touching an intraday high of $1,223. The move was fueled by sharp volume spikes, renewed institutional interest, and rising network activity. The rally aligned with BNB Chain … Read more
Hong Kong-listed company China Financial Leasing Group (2312) says it plan to raise around 86.5 million Hong Kong dollars ($11.1 million), from which it will build a cryptocurrency investment platform. China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hong Kong dollars … Read more
Bitcoin has sustained its rally above $123,000, which it broke on Friday, finishing week 39 up 10% for its best weekly performance of the year, according to CoinDesk market data. Crypto stocks with exposure to Artificial Intelligence (AI) and High-Performance Computing (HPC) are doing better than their peers that lack the same exposure. Cipher Mining … Read more
Crypto data giant DefiLlama earlier today pulled Aster’s perpetuals data from its tracking page after spotting XRP trading volumes that mirrored those on Binance almost tick-for-tick, raising doubts about how the newest DEX challenger was reporting activity. If a new exchange can mirror Binance volumes too closely, it raises a question of how much of … Read more
Crypto markets may be distracted by the U.S. government shutdown in the coming week. With key data from the world’s largest economy not being published, traders may find difficulty in identifying big-picture catalysts for their positions. While the shutdown means new exchange-traded funds won’t be approved in the U.S., across the Atlantic U.K. retail investors … Read more
Polymarket bettors are putting their money on the U.S. Government remaining shut until Oct. 15, but they are also saying it will be back in operation within a month. Bettors are giving a 72% chance to the government being back in operation on Oct, 15 or later, with $1.4 million in volume in a $4 … Read more
No, the bull run is likely not over yet. Bitcoin (BTC) has pulled back from its record highs, and some alternative cryptocurrencies (altcoins) have seen profit-taking. However, this appears to be a typical bull-market breather, with analysts closely monitoring the bitcoin price action around $125,000. BTC hit record high on Sunday Over the weekend, BTC … Read more
Bitcoin (BTC) hit a record high against the Japanese yen (JPY) on Monday, leaving behind the bitcoin-dollar pair as Japan’s newly elected Prime Minister Takaichi Sanae voiced support for a return to the pro-stimulus “Abenomics” strategy Abenomics was an economic strategy introduced by former Prime Minister Shinzo Abe in late 2012 and early 2013 to … Read more
Dogecoin weathered early volatility before settling into a tight band, with institutional flows anchoring support near $0.251. Whales and mid-tier wallets boosted holdings, signaling accumulation as technical patterns compress into an ascending triangle. Traders are now watching if $0.25 can harden into a launch base toward $0.27–$0.30. News Background DOGE traded a 5.3% range in … Read more
XRP’s early rally into $3.07 met heavy distribution on elevated volume, leaving a high-volume ceiling intact and pulling price back to $2.98. Institutional prints confirmed $3.07 as resistance, while repeated defenses near $2.98 kept losses contained. News Background XRP slipped 1% from Oct. 5, 03:00 to Oct. 6, 02:00, retreating from $3.01 to $2.98 despite … 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. A ruble-backed stablecoin tied to a sanctioned Russian defense bank somehow … Read more
Solana is preparing for a major overhaul that could make its famously fast blockchain even faster — and a lot easier to run. In its “Crypto Monthly Recap for September 2025” research report published Oct. 3, global asset manager VanEck says Solana’s upcoming Alpenglow upgrade marks the biggest change to the network’s core software since … Read more
The Federal Reserve’s October rate decision could trigger unexpected shocks in U.S. stocks and Bitcoin as unresolved federal government shutdown risks cloud the outlook. Government shutdown delays key data ahead of FOMC meeting A partial federal government shutdown began on Oct. 1, shuttering many non-essential services including the Bureau of Labor Statistics (BLS). This shutdown … Read more
SWIFT, the backbone of the global financial messaging system, is taking a step toward becoming a full-fledged blockchain infrastructure provider. This week, the network unveiled plans to build a shared ledger platform that will let banks settle transactions involving stablecoins and tokenized assets across multiple blockchains. While SWIFT has long served as the messaging layer … Read more