By Omkar Godbole (All times ET unless indicated otherwise) Big weekend buzz: Bitcoin (BTC) shot up to record highs, and its dominance rate ticked up too, signaling fresh bias toward the top cryptocurrency. But the headline wasn’t just about crypto — Japan’s new prime minister openly backing “Abenomics” was an even bigger deal. That means […]
Ledn CIO John Glover, who correctly predicted recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market. BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed […]
BNB, the token that powers the BNB Chain and is used for fee discounts on Binance, rallied over 4% in the last 24-hour period, pushing past $1,200 and touching an intraday high of $1,223. The move was fueled by sharp volume spikes, renewed institutional interest, and rising network activity. The rally aligned with BNB Chain […]
Hong Kong-listed company China Financial Leasing Group (2312) says it plan to raise around 86.5 million Hong Kong dollars ($11.1 million), from which it will build a cryptocurrency investment platform. China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hong Kong dollars […]
Bitcoin has sustained its rally above $123,000, which it broke on Friday, finishing week 39 up 10% for its best weekly performance of the year, according to CoinDesk market data. Crypto stocks with exposure to Artificial Intelligence (AI) and High-Performance Computing (HPC) are doing better than their peers that lack the same exposure. Cipher Mining […]
This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. As bitcoin (BTC) trades in uncharted territory near record highs, traders may be searching for cues on what comes next, especially key levels that could act as magnets or resistance points. Here are three important levels worth watching closely. $126,100 This […]
Dogecoin bounced sharply in early Sunday trade, recovering from Saturday’s slide to reclaim the $0.26 handle. The move higher came after a mid-session flushout drove price to $0.248 on heavy volume, clearing weak longs before buyers stepped in. DOGE is now consolidating just above $0.26 with traders eyeing the $0.30–$0.33 zone as the next resistance […]
XRP pushed back over the psychological $3.00 level in early Sunday Asia trade, reversing Saturday’s breakdown that saw the token hit lows near $2.95. The rebound followed a heavy-volume flushout that cleared leveraged longs, with bargain hunters and whales stepping in aggressively. Traders now view the $3.10–$3.30 range as the key battleground, with breakout projections […]
Bitcoin (BTC) surged to a record high of over $125,000 Sunday, extending the weekly gain to 11%, according to CoinDesk data. The rally followed a massive demand for U.S.-listed spot exchange-traded funds (ETFs). which collectively registering a net inflow of $3.24 billion last week. This marks the second-largest weekly inflow on record, according to data […]
Many investors are currently viewing bitcoin through an end-of-cycle lens, suggesting that Q4 could mark the close of the current market cycle. However, two key metrics point to the possibility that the bull market may actually be in its early stages. Glassnode data shows that the 200-week moving average (200WMA), which smooths bitcoin’s price over […]
Ethereum’s next major network upgrade, Fusaka, could reshape how users experience the blockchain by lowering costs and boosting efficiency, according to asset manager VanEck. In its September crypto market recap, VanEck’s research team said Fusaka, expected to go live in December, is designed to tackle one of Ethereum’s biggest hurdles: data availability for rollups, the […]
Ripple cryptographer J. Ayo Akinyele says he’s pushing to make the XRP Ledger (XRPL) the “first choice for institutions seeking innovation and trust” — and to do it with privacy-first tooling. Akinyele, a senior director of engineering at Ripple, lays out the case in a blog post published Thursday, arguing that finance can’t function without […]