Cosmos’ native token ATOM posted a robust 4% gain over the past 24 hours, surging from $4.78 to $4.89 between July 27 at 15:00 and July 28 at 14:00 UTC. The token’s bullish advance was supported by clear technical signals, including multiple higher lows and a decisive breakout above the $4.84 resistance level, powered by … Read more
Decentralized systems like the electric grid and the World Wide Web scaled by solving communication bottlenecks. Blockchains, a triumph of decentralized design, should follow the same pattern, but early technical constraints caused many to equate decentralization with inefficiency and sluggish performance. As Ethereum turns 10 this July, it’s evolved from a developer playground into the … Read more
During the NFT boom of 2021, NFT-aficionados said “I’d love it even if it went to zero” as a tongue-in-cheek countercultural declaration that meaning and membership mattered more than profit. It became kind of like a punk rock ethos in Web3. Burning money (figuratively or literally) was a flex to signal individual belonging to an … Read more
BONK has rallied 6%, recovering from earlier declines to reach $0.000036. The Solana-native meme coin traded in a wide 12% range, moving between $0.00003276 and $0.00003670, with pronounced volatility offering opportunity for accumulation by strategic buyers. Price momentum was strongest between 12:00 and 13:00 UTC on July 28, when BONK surged to its daily high … Read more
Digital payments giant PayPal (PYPL) said it is rolling out a service that lets U.S. merchants accept over 100 cryptocurrencies in payment for purchases as it aims to cut cross-border fees. The feature, dubbed Pay with Crypto and available in the coming weeks, enables shoppers to use crypto wallets like MetaMask and Coinbase at checkout. … Read more
Stablecoin-focused blockchain Plasma has closed its public token sale with $373 million in commitments, more than seven times the $50 million it was targeting. The sale, according to available data, has led to an oversubscription of around $320 million looking to get around $209,000 worth of XPL that weren’t purchased. The token’s launch is expected … Read more
Ether ETH treasury firms are emerging with a new playbook: Treat the cryptocurrency not just as a reserve asset, but as yield-generating capital. In recent months, several companies have unveiled ether treasury strategies that generate passive yield through ETH staking. These include BitMine Immersion Technologies (BMNR) and SharpLink Gaming (SBET). According to a report from … Read more
Bitcoin (BTC) volatility bulls may soon get their wish because seasonal patterns in Cboe’s Volatility Index (VIX) suggest Wall Street is poised for increased turbulence. The VIX measures the anticipated 30-day swings of the S&P 500 benchmark. Its historical pattern, according to Barchart.com, shows a frequent August surge, often preceded by a decline in July. … Read more
The decentralized finance (DeFi) market ballooned to a three-year high of $153 billion on Monday, spurred by ETH’s ascent toward $4,000 and significant inflows into restaking protocols. DefiLlama data shows that the uptick in inflows and asset prices over the past week lifted the sector above its December 2024 high to its highest point since … 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 4105.18, up 5.0% (+194.55) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: AVAX (+16.2%) and HBAR (+11.9%). Laggards: LTC (+1.8%) and BTC (+1.8%). The … Read more
A popular pseudonymous crypto analyst on X known as “Wolf has outlined a bullish roadmap for ether, predicting the second-largest cryptocurrency could hit $13,000 as early as the fourth quarter. While $13,000 is his optimistic scenario, Wolf’s conservative target still places ETH above $8,000 — more than double its current level. In a chart-based post … Read more
Bitcoin (BTC) mining profitability increased 5.3% in June, buoyed by a 1.2% increase in the cryptocurrency’s price and a 6.7% drop in the network hashrate, according to a report by investment bank Jefferies. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a … Read more
Grove, a credit protocol in the Sky (formerly MakerDAO) ecosystem, is expanding to the Avalanche (AVAX) network with plans to allocate up to $250 million into tokenized credit products, the companies said Monday. Grove will invest in the Janus Henderson Anemoy AAA CLO Fund (JAAA) issued through Centrifuge, a blockchain platform that specializes on tokenization. … Read more
MetaMask, the Ethereum-based crypto wallet, is offering its users the ability to earn interest on their stablecoins thanks to a new partnership with decentralized lending protocol Aave. The feature, called Stablecoin Earn, gives MetaMask’s million-plus users access to yield on USDC, USDT and DAI without leaving their wallet. The earnings come from Aave’s lending infrastructure, … Read more
Mill City Ventures III, a publicly traded specialty finance firm, is making a dramatic pivot into crypto with the announcement of a $450 million private placement that will largely fund a new treasury strategy centered on SUI, the native cryptocurrency of the Sui blockchain. Roughly 98% of the funds will be used to purchase SUI … Read more
Zodia Markets, the crypto trading firm majority-owned by Standard Chartered (STAN), has raised $18.25 million led by Pharsalus Capital. The Series A funding round will be used to support Zodia’s international expansion effort and further develop its stablecoin payments services, according to an announcement on Monday. Zodia is aimed at financial institutions, offering them a … Read more
BNB rose over 6.6% in the last 24-hour window as a wave of corporate treasury purchases and a recently announced trade deal between the U.S. and the European Union (EU) drove trading activity upward. The trade deal has seen equities in Europe climb in today’s trading session and boosted Wall Street futures as well. It … Read more
Wall Street bank JPMorgan reshuffled ratings and price targets on a group of bitcoin miners to begin the week. Updating estimates for the group to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price, the bank upgraded MARA Holdings (MARA) to overweight and lifted its price target to $22 from $19, … Read more
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Correction risks mount Bitcoin (BTC) continues to trade directionless near $120,000 amid data from the Deribit-listed options showing a significant positive dealer gamma at the $120,000 and $120,500 strikes. When dealers have a positive … Read more
OKX says it is the first global crypto exchange to launch regulated derivatives products for retail traders in the United Arab Emirates (UAE), offering access to futures, perpetual contracts, and options with up to 5x leverage. The launch falls under the Virtual Assets Regulatory Authority (VARA)’s pilot framework, which allows select platforms to test innovative … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) traded little changed around $120,000, struggling to build on a weekend bounce characterized by consistent demand at around $117,000. Other tokens were less moribund. The CD20 Index, which captures about 80% of the digital asset market, rose 2% over 24 hours while the CD80 … Read more
Clearmatics, one of the first startups to explore how financial instruments can live on blockchains, is unveiling an entirely new class of decentralized futures products, which it is calling forecast markets. These fully on-chain instruments take the form of dated futures contracts that can track any public time series data, whether it’s crypto indexes, inflation … Read more
Metaplanet (3350) said it bought 780 more bitcoin (BTC), bringing its total holdings to 17,132 BTC valued about $2 billion at current prices. The Tokyo-based company paid an average 17.5 million yen ($118,176) per coin, according to a Monday disclosure. Metaplanet uses a metric, called BTC Yield, to track shareholder value in relation to dilution. … Read more
As bitcoin (BTC) holds near its record highs, traders looking to join the uptrend may be facing a dilemma: should they enter now, or wait for a more favorable pullback? According to Markus Thielen, founder of 10x Research, a pullback to the former resistance-turned-support level of the May high, under $112,000, would be the best … Read more
What to Know DOGE traded within a narrow $0.010 range between $0.234 and $0.244 during the 24-hour session from July 27 at 03:00 to July 28 at 02:00, marking a 4.12% intraday spread. The token opened at $0.238 and closed marginally higher at $0.239 after testing both support and resistance zones multiple times throughout the … Read more
Markets kicked off the week with a renewed wave of optimism after U.S. President Donald Trump confirmed a tariff deal with the European Union, scaling levies down to 15% from the previously threatened 30%. The announcement sent S&P 500 futures up 0.3%, Dow contracts higher by 180 points and Bitcoin (BTC) to nearly $120,000 for … Read more
XRP posted modest gains despite intraday volatility, recovering from early lows to close near $3.22 on strong afternoon volumes. Institutional accumulation and a late-session rally hint at upside continuation. What to Know XRP advanced 1.3% during the 24-hour period ending July 27 at 20:00, trading between a low of $3.15 and a high of $3.23. … 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. Bitcoin (BTC) traded at $119,430 in early Asia hours on Monday, … Read more
Strategy (MSTR) is pulling off some form of financial alchemy: using bitcoin, historically a volatile asset, to create something that looks a lot like stability. That’s the firm’s $2 billion “Stretch” Preferred Stock (STRC) offering offers a variable 9% dividend and is designed to keep the share price hovering near $100. The offering doesn’t give … Read more
Michael Saylor’s controversial bitcoin treasury strategy is no longer fringe — it’s being mimicked across corporate America. According to a recent Wall Street Journal report, companies have raised more than $85 billion in 2025 to buy cryptocurrencies for their corporate treasuries — more than double the amount raised in U.S. IPOs this year. Unlike in … Read more