Polygon (POL) rose 9% in early U.S. morning trading hours from $0.206 to $0.225 before selling emerged in the afternoon, CoinDesk Analytics data shows. The token saw significant volatility overnight as volume surges to 708,489 and 804,401 units, crushing the 24-hour average of 410,606, before heavy selling pressure emerged, establishing critical resistance for near-term action. […]
Participants in liquid staking, including depositors and providers, do not need to worry about securities law disclosures, the U.S. Securities and Exchange Commission said in a staff statement on Tuesday. The statement, published by the Division of Corporation Finance, is specific to liquid staking, where participants deposit “covered crypto assets” into a third-party staking protocol […]
Slash, a San Francisco-based neobank for businesses, launched a payments and treasury platform powered by a new U.S. dollar stablecoin issued by Stripe’s Bridge on Tuesday. The product, called the Global USD Account, is aimed at companies seeking U.S. dollar access and cross-border payments without a U.S. bank account. It introduces Slash’s own stablecoin, USDSL, […]
BNB fell over 1% in the past 24 hours to briefly drop below the $750 support level, which it is currently holding on to. The drop came after a brief rally that moved it over the $760 line. The cryptocurrency’s previous rally was driven by corporate adoption and Binance product rollouts. The drop came as […]
Coinbase has introduced a tool in its Coinbase Developer Platform (CDP) designed to let developers integrate self-custodial wallets into their apps without any hiccups. The Embedded Wallets software developer kit (SDK) includes built-in features like crypto onramps, token swaps and a 4.1% annual return on USDC balances, aiming to eliminate the tradeoff between user experience […]
Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year. Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald […]
Digital Currency Group’s (DCG) Barry Silbert has been re-appointed as chairman of the board at asset manager Grayscale, one of DCG’s subsidiaries, alongside several other new, high-ranking hires at the firm. Silbert, who owns Grayscale, resigned in December 2023 after the company was hit with a lawsuit from the New York Attorney General’s office which […]
The price of BNB climbed nearly 2% in the past 24 hours to top the $760 mark, with data showing a burst of activity behind the price rise. Volume spiked nearly 50% above daily averages, according to CoinDesk Research’s technical analysis model. The price action followed a textbook two-phase accumulation: early consolidation, then a breakout […]
The famous Satoshi Nakamoto statue, an ingenious line-of-sight illusion envisioned by Italian artist Valentina Picozzi, that was reported missing on Sunday was recovered from a nearby lake, Satoshigallery, the artistic project run by Picozzi, said in a post on X. The gallery reported the statue missing on Aug. 3 with a photo showing only empty […]
NEAR Protocol delivered a standout performance during the 24-hour trading window from August 3 at 15:00 to August 4 at 14:00, rallying 4.20% from $2.43 to $2.53. This price action was driven by a sharp uptick in trading activity, notably during the final hour when volume spiked to 2.7 million tokens—more than double the daily […]
NEAR Protocol delivered a standout performance during the 24-hour trading window from August 3 at 15:00 to August 4 at 14:00, rallying 4.20% from $2.43 to $2.53. This price action was driven by a sharp uptick in trading activity, notably during the final hour when volume spiked to 2.7 million tokens—more than double the daily […]
While President Donald Trump’s tariff war aims to spark a manufacturing boom at home, corporate America’s spending focus remains firmly on “bits” rather than “bricks and mortar.” This contrast is evident in the spending patterns of the Magnificent 7 (Mag 7) stocks – a group comprising large-cap tech companies, including Alphabet (parent company of Google), […]