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Why the copper-to-gold breakout could point to a bitcoin (BTC) breakout

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The copper-to-gold ratio has broken above its 200-day moving average for the first meaningful time since September 2020, a development that has historically coincided with the early stages of bitcoin BTC$80,181.26 bull markets. The ratio currently stands at 0.00142, with copper trading at $6.65 per pound and gold near $4,700 per ounces. Previous increases in […]

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Tokenized Treasuries Hit $15B As BTC Prices Stall, Fed Rate Hike Worries Emerge: Crypto Daily

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This is an extract from CoinDesk’s ‘Diary’ newsletter. Sign up here if you haven’t already. While bitcoin BTC$80,492.82 remains pegged above $80,000, another interest-sensitive corner of the crypto market is booming and could siphon capital from other coins. The total value locked in tokenized government bonds has risen to $15.35 billion, topping the peak in

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Bitcoin (BTC) price holds below $81,000 with Trump-Xi talks on horizon

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Bitcoin BTC$80,600.68a leading indicator of risk sentiment, remains a paragon of stability ahead of President Donald Trump’s arrival in Beijing for talks with his Chinese counterpart, Xi Jinping. The major cryptocurrency recently traded 0.5% higher since midnight UTC at $80,900, in line with gains by the CoinDesk 5 Index (CD5). All five members of the

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bitcoin is testing key resistance zone to form next major breakout

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Bitcoin BTC$80,949.32 is fighting an important technical battle, trading just below two closely watched long-term trend indicators: the 200-day Simple Moving Average (200SMA) at $82,455 and the 200-day Exponential Moving Average (200EMA) at $82,027, according to Glassnode data. The 200SMA calculates the average closing price over the last 200 days and weights each day equally.

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EToro reiterates its commitment to crypto despite declining activity in Q1

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EToro (ETOR) doubled its commitment to crypto even as digital asset activity weakened in the first quarter and into April. Revenue from cryptoassets fell 38% from the previous quarter to $2.15 billion, the company said in its first-quarter earnings report released Tuesday. Net trading revenue from crypto derivatives fell 57% to $33.4 million, while total

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Prediction Market Conference blamed Nevada’s pressure to move. The regulators say no.

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Predict 2026 says it moved to New York from Las Vegas due to “regulatory pressure” from the Nevada Gaming Control Board. A spokesman for the supervisory authority says otherwise. “The Nevada Gaming Control Board has not directed, requested or otherwise pressured any licensee or venue to cancel or decline to host any recent or upcoming

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XRP traders aim for $1.5 as Ripple-linked token tops bitcoin (BTC) volume in Korea

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XRP is back on top of South Korean trading screens. The token’s winning pair was the most-traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows. On Bithumb, XRP/KRW recorded around $41 million in volume, ranking second only

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Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains

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Bitcoin BTC$81,181.05 pulled off the inflation scare almost as quickly as the print landed. The biggest cryptocurrency fell to $79,879 in late US hours on Tuesday after the consumer price index for April came in at 3.8% year-on-year, hotter than economists had estimated, with petrol prices rising the most since the Iran war began. BTC

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