What to know: XRP rallied 8% from $2.58 to $2.78 between July 11 06:00 and July 12 05:00, with an intraday high of $2.96 at 15:00 before retracing. Afternoon price action saw exceptional volume — over 375M between 13:00–15:00 — with buyers repeatedly defending the $2.70–$2.75 zone. A $14.03M leveraged long was opened on Hyperliquid […]
Ethereum’s ether (ETH), the second largest crypto asset, is seeing renewed investor interest, with spot exchange-traded funds (ETFs) in the U.S. recording one of their strongest streak of momentum of their one-year history. On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) booked its largest daily inflow to date, with over $300 million, pushing its total assets […]
Sequans Communications (SQNS), a leading cellular semiconductor maker, has announced its acquisition of 370 bitcoin BTC as part of a newly launched bitcoin treasury strategy. The purchase was funded by proceeds from its recent equity and convertible debenture offering that closed on July 7. “We are excited to begin executing our strategic plan to accumulate […]
Polkadot’s DOT (DOT) surged as much as 5% in the last 24-hours, climbing from $3.52 to $3.70 as bulls dominated the session, according to CoinDesk Research’s technical analysis model. The model showed that a key breakout occurred at 19:00 on July 9, with DOT spiking to $3.63 on heavy volume of 4.21 million. The rally […]
BIT Mining Surges 250% on Solana Pivot
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Cryptocurrency miner BIT Mining is shifting its focus to Solana with plans to raise up to $300 million to acquire SOL tokens. BIT Mining said it wants to “capture emerging opportunities across the broader blockchain” industry and attract investors seeking exposure to Solana in an announcement on Thursday. The company’s New York Stock Exchange-listed shares […]
By Omkar Godbole (All times ET unless indicated otherwise) Everyone’s buzzing about bitcoin (BTC) finally catching a bid, setting record prices on several exchanges and igniting bullish excitement. But don’t let the spotlight on BTC cast AI coins into the shadow. Major tokens supposedly associated with artificial intelligence, such as TAO, ICP, RENDER and FET, […]
The European Securities and Markets Authority (ESMA), the financial watchdog for the 27-country trading block, has carried out a peer review of Malta’s application of the Markets in Crypto Assets (MiCA) regime, with specific attention to the island’s fast-tracked authorization of a certain unnamed crypto firm. ESMA’s Peer Review Committee (PRC) focuses on the authorization […]
Credit card users in Japan can now convert their loyalty points into crypto. Major conglomerate SBI Group’s APLUS is letting cardholders redeem APLUS points for small amounts of bitcoin (BTC), ether (ETH), or XRP (XRP). 2,100 points will earn users over 2,000 japanese yen worth of tokens, around $13 at current exchange rates. The crypto […]
If the U.S. House of Representatives manages to reach a floor vote on the Senate’s stablecoin bill next week, it could result in President Donald Trump fulfilling at least half of his mission to deliver new laws for the crypto sector this summer. That’ll be a highlight among a bundle of actions during a period […]
Shiba Inu (SHIB) whales have stepped up their sales as the cryptocurrency’s price recovery looks to gather steam alongside an uptick in futures market activity. The path of least resistance still appears to be on the higher side. SHIB, the world’s second-largest meme token by market value, traded above the 23.6% Fibonacci retracement of the […]
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) is hovering around $108,600, pretty much unchanged over 24 hours. The broader CoinDesk 20 (CD20) index added 1.8%, shrugging off the uncertainty surrounding President Trump’s recent tariff threats against various countries. President Donald Trump sent letters to 14 nations, including key partners in Asia, […]
Polymarket is locked in another controversy over the interpretation of UMA, a decentralized oracle that utilizes token holder voting to resolve prediction markets. UMA – a protocol which is a separate entity from Polymarket – is no stranger to controversy, having ruled before with interpretations that even Polymarket doesn’t agree with. This time, it’s about […]