XRP finally found buyers near the bottom of its range after spending much of May grinding lower, but the rally has yet to change the broader setup. The move above $1.30 came with one of the strongest volume breakouts in days, although the price remains well below the levels that would signal a true trend […]
XRP bounces back above $1.30 after volume surge, but bears still rule the bigger picture Read More »
A convergence of record highs in global stocks, oil at multi-month lows and a tentative extension of the US-Iran ceasefire did little to support bitcoin BTC$73,344.39 prices. The largest token is still hovering near $73,000 after falling nearly 6% on the week as institutional buyers await US regulatory clarity rather than macro headlines. Ether (ETH)
Bitcoin, Ether Steady Despite Record Stocks, Falling Oil and Alleviation of War Fears Read More »
Retail traders piled into ether (ETH) bets even as the second-largest token fell below $2,000 for the first time since late March, a signal some analysts say means a deeper decline is on the way. Social media lit up with buy-the-dip calls the moment ETH cracked the round number, and research firm Santiment’s gauge of
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1961.44, down 3.1% (-62.25) since 4 PM ET Wednesday. One in 20 assets is trading higher. Leaders: XLM (+10.5%) and HBAR (-1.7%). Laggards: NEAR (-12.2%) and BCH (-12.1%). The
Stellar (XLM) jumps 10.5% as almost all assets fall Read More »
The crypto sector remains deeply out of favor not only from a price perspective, but also in terms of investor sentiment. Capital flows and market attention have increasingly shifted towards other high-growth sectors, most recently semiconductors and memory-related stocks, which have effectively replaced crypto as the market’s dominant momentum trade. This analysis compares the performance
BTC drifts as hot money chases other assets Read More »
Ethereum treasurer Bit Digital (BTBT) made its first ether (ETH) purchase since the peak of the crypto market in October, but it is already underwater on the purchase as crypto prices pull back again. The company said it bought about 8,568 ether (ETH) worth $20 million on May 11 at an average price of $2,334
Bit Digital (BTBT) bought ether for the first time since October before falling 15% Read More »
Asset manager VanEck has launched the first US exchange-traded fund to offer spot exposure to BNB, further expanding its crypto ETF offerings. The VanEck BNB ETF, which trades under the ticker VBNB, began trading shares backed by BNB held in cold storage through custodian Anchorage Digital Bank, according to the company. The fund carries a
VanEck launches first US spot BNB ETF on Nasdaq Read More »
Asset management giant Grayscale is the latest crypto firm to delay its plans to go public due to market conditions, according to a person with knowledge of the matter. The Stamford-based investment firm has paused its IPO preparations and is unlikely to restart the process until the fourth quarter at the earliest, said the person,
Grayscale IPO Delayed As Crypto Firms Reevaluate Public Market Plans Read More »
All in the space of a few weeks, Anthropic unveiled new agents for finance, Circle launched nanopayments, MoonPay launched a payment card for agents, and Gemini launched agent trading, signaling that the agent finance battle is here. While the products are new, the underlying business model remains the same. Every exchange and brokerage earns more
Disciplined AI agents are the disruptor needed to break the exchange churn model Read More »
Ethereum core developers may soon have a new source of funding: a blockchain lottery. Decentralized lottery protocol Megapot said Thursday it is teaming up with Protocol Guild, an independent funding collective for Ethereum protocol contributors, to introduce what it describes as the crypto industry’s first programmable charity lottery. During the event, users can purchase tickets
A blockchain lottery plans to use crypto gambling fees to fund Ethereum development Read More »
