Global economic tensions and regulatory developments continue to influence XRP’s price action, with the digital asset showing remarkable resilience despite recent volatility. After experiencing a significant dip to $2.307 on high volume, XRP has established an upward trajectory with a series of higher lows, suggesting continued momentum as it approaches resistance levels. Technical indicators point […]
Global economic tensions and shifting trade policies continue to influence cryptocurrency markets, with SUI showing particular resilience. The asset established a trading range of 4.46% between $3.70 and $3.86, finding strong volume support at the $3.755 level. A notable bullish momentum emerged with price surging 1.9% on above-average volume, establishing resistance at $3.850. The formation […]
Geopolitical tensions and evolving trade policies continue to influence cryptocurrency markets, with Dogecoin showing resilience amid broader economic uncertainty. Despite macroeconomic headwinds, DOGE has maintained support above key moving averages while forming a potential bull flag pattern that could target $0.35 if validated by continued buying pressure. Technical Analysis Highlights DOGE experienced significant volatility with […]
The cryptocurrency market continues to navigate complex global economic conditions as BNB trades within a tight consolidation range between $636-$646, according to CoinDesk Research’s technical analysis data model. The token’s price action shows resilience amid international trade disputes, with higher lows forming since recent dips while resistance remains firm around the $643-$645 zone. Decreasing volume […]
The cryptocurrency market continues to navigate complex global economic conditions as BNB trades within a tight consolidation range between $636-$646, according to CoinDesk Research’s technical analysis data model. The token’s price action shows resilience amid international trade disputes, with higher lows forming since recent dips while resistance remains firm around the $643-$645 zone. Decreasing volume […]
Billions of dollars have flowed into the U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) in recent weeks, as the cryptocurrency chalked out a sharp recovery rally from $75,000 to $100,000. Most of the investment is likely driven by bold, strategic bullish directional bets rather than market-neutral arbitrage plays, data analysis suggests. The 11 spot ETFs […]
A 26-year-old man from Alabama has been sentenced to more than a year in prison for his role in a social media hack that briefly sent the price of bitcoin BTC soaring. Eric Council Jr. of Huntsville pleaded guilty to charges tied to the January 2024 hack of the U.S. Securities and Exchange Commission’s X […]
CoinDesk hosted its annual Consensus conference in Toronto this week. It was busy, to put it mildly. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Read more The narrative It’s been a hectic week, watching the Senate’s ongoing negotiations […]
Two of the year’s most chaotic token blowups — Movement Labs’ MOVE scandal and the collapse of Mantra’s OM — are sending shockwaves through crypto’s market-making businesses. “These scandals have definitely changed trust dynamics between market makers and project teams, where trust is no longer assumed—it’s engineered,” Zahreddine Touag, Head of Trading at Woorton, said […]
Major tokens slumped Saturday as investors digested the implications of Moody’s Ratings downgrading the U.S. credit score, with ether (ETH), XRP, and dogecoin (DOGE) dropping roughly 3%. The broader crypto market held at $3.3 trillion, paring earlier gains after briefly touching the week’s high. The move came after rating giant Moody’s cut the U.S. sovereign […]
Blockchain development platform Alchemy said it has acquired Solana developer DexterLab for an undisclosed fee. The acquisition will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand, Alchemy said in an emailed announcement on Friday. DexterLab’s technology has previously powered the Solana development of Google and the Solana Foundation, establishing itself as […]
“There’s a famous saying that sometimes the enemy of your enemy is actually your best friend,” Eric Trump told the crowd at Consensus in Toronto, Canada. “That was the Trumps with the crypto community. And I think the banks made the biggest mistake of their lives.” The son of U.S. President Donald Trump and co-founder […]