BNB (BNB) moved in a narrow $5.73 band between $656.83 and $662.61 during the last 24-hour stretch, as traders navigated a mix of global macro developments and ongoing regulatory scrutiny tied to Binance, the exchange associated with the token. Volatility in BNB clocked in at just 0.87%, reflecting a wider sense of caution across risk […]
Benchmark’s Mark Palmer initiated coverage of Semler Scientific (SMLR) with a buy rating and a $101 price target, citing the company’s dramatic pivot from medical diagnostics to bitcoin (BTC) accumulation as a key value driver. Semler, which spent over 15 years focused on chronic disease detection, adopted bitcoin as its primary treasury reserve asset in […]
Tether, the company behind the world’s largest stablecoin USDT (USDT), has made a strategic investment in blockchain analytics firm Crystal Intelligence to increase efforts to root out crypto-related crime with its token. The investment gives Tether direct access to Crystal’s suite of tools for real-time risk monitoring, fraud detection and regulatory intelligence, bolstering the company’s […]
BONK continued its explosive run, climbing 11% over the 24 hours ending July 8 with trading volume surpassing $1 billion. After plunging to $0.000021124, BONK staged a dramatic recovery and closed at $0.000022868. As of the latest reading, the token trades at $0.0000228, slightly off highs but firmly within bullish territory. A consolidation zone formed […]
By Omkar Godbole (All times ET unless indicated otherwise) The one thing bitcoin (BTC) bulls constantly discuss is liquidity easing through Fed interest-rate cuts and the possibility of rates falling back to zero, just as in 2020-21. Back then, the zero rate triggered an unprecedented bull run throughout the financial markets, including low-cap altcoins. Now, […]
By Omkar Godbole (All times ET unless indicated otherwise) It’s said that price is the best measure of appeal of any asset. To the dismay of bitcoin (BTC) bulls, the largest cryptocurrency’s price hasn’t gone anywhere in over 50 days, trading directionless above $100,000. That stagnation has, unusually, eroded the call bias in long-term options. […]
A new Ethereum proposal, co-authored by Vitalik Buterin and Toni Wahrstaetter. aims to impose a hard cap on the maximum gas a transaction can consume in a move developers say could strengthen network stability and make the chain more viable for certain applications. The proposal, EIP-7983, suggests limiting individual transactions to 16,777,216 gas (2²⁴) — […]
Latin American cryptocurrency exchange Mercado Bitcoin plans to tokenize over $200 million in real world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL). The move marks one of the largest tokenization efforts by a Latin American institution on XRPL, according to a press release. The tokenization of real-world assets […]
Bitcoin (BTC) whales, investors who already hold in excess of 10,000 BTC, are buying up more of the largest cryptocurrency in a sign of confidence in further upside even as the price sits just a few percent below its all-time high around $112,000. The whales have shifted into aggressive accumulation mode over the past few […]
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The consensus in the bitcoin BTC market remains bullish even though the price has held above $100,000 every day bar one for two months, with analysts’ projections for resistance levels ranging from $140,000 to over $200,000. One way to identify […]
At the time of writing, Ether (ETH) is trading at around $2,505, up 0.56% in the past 24-hours, according to CoinDesk Research’s technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is up 0.34% during the same period. SharpLink Gaming, Inc. (SBET) is a pioneering online […]
Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency. The Monetary Authority of Singapore (MAS) announced that Credit Suisse’s local unit, now part of UBS, faced the biggest […]