Hedera’s HBAR token endured a sharp selloff over the past 24 hours, falling 5% from $0.24 to $0.23 as traders unloaded positions in heavy volumes. The steepest decline came early Wednesday, when more than 277 million tokens changed hands between 06:00 and 09:00 UTC, forcing prices through the $0.235 support level and briefly dragging the […]
News Background XRP continues to trade under regulatory uncertainty as markets await key SEC decisions on spot crypto ETFs in September. Active XRP Ledger addresses rose 20% over three days, signaling renewed network engagement ahead of the planned September 12 Decentralized Media launch. Chinese fintech firm Linklogis integrated its trillion-dollar supply-chain financing platform with the […]
The Ethereum Foundation shared a new blog post on Friday detailing a major initiative aimed at breaking down the barriers between Ethereum’s growing constellation of Layer-2 networks. The initiative marks a strategic pivot: after years spent scaling throughput and lowering costs, the protocol team is now zeroing in on interoperability as the key to user […]
An attempted rally in crypto earlier on Thursday was met by steady selling throughout the U.S. afternoon hours. After rising above $113,000 level at one point, bitcoin (BTC) retreated to $111,800 late in the session, down about 0.7% over the past 24 hours. The selling in ether (ETH) and XRP (XRP) was a bit more […]
Polkadot’s DOT earlier Thurwday rose more than 2%, with institutional volume patterns suggesting professional participation, according to CoinDesk Research’s technical analysis model. The model showed the digital asset demonstrating textbook institutional accumulation behavior, initially testing support at $3.81 before executing a measured advance to $4.02 accompanied by substantial volume of 4.6 million units. Trading volumes […]
The Commodity Futures Trading Commission — under its ongoing “crypto sprint” to open a wider path for U.S. crypto business — issued an advisory on Thursday that firms residing outside the U.S. that are willing to register with the agency as foreign boards of trade can deal directly with U.S. customers. “American companies that were […]
BONK, the Solana-based meme token, advanced 4% in the last 24 hours, reaching $0.0000218 before settling around $0.0000213. The strongest push came at 19:00 UTC on Wednesday, when BONK jumped 1.9% from $0.0000211 to $0.0000215, propelled by a 574.8 billion-token volume spike. Sellers capped momentum at $0.0000215, yet support consistently re-emerged near $0.0000212, reinforcing the […]
Internet Computer Protocol (ICP) demonstrated resilience during the last 24 hours, staging a rally that lifted the token nearly 3% to $5.13. The move capped a V-shaped recovery that began with an overnight retreat to support levels around $4.98, where a high volume of buying activity took hold, according to CoinDesk Research’s technical analysis data […]
Internet Computer Protocol (ICP) demonstrated resilience during the last 24 hours, staging a rally that lifted the token nearly 3% to $5.13. The move capped a V-shaped recovery that began with an overnight retreat to support levels around $4.98, where a high volume of buying activity took hold, according to CoinDesk Research’s technical analysis data […]
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. China’s growing focus on stablecoins is less about embracing crypto and […]
Nvidia (NVDA) reported stronger-than-expected earnings for the second quarter on Wednesday, posting revenue of $46.7 billion, a 56% increase from a year earlier. The results underscore the chipmaker’s role at the center of the AI boom, as demand for its high-powered processors showed little sign of slowing. Shares of the company fell 1.7% in after-hours […]
VersaBank, a Canadian digital bank with a focus on business clients, has started testing a tokenized deposit that the bank says provide a safer and more compliant alternative to stablecoins. The pilot, run through the bank’s U.S. subsidiary VersaBank USA, will trial a U.S. dollar version of the bank’s blockchain-based Digital Deposit Receipts (DDRs) tech. […]