XRP plunged sharply on Wednesday as sellers breached key support zones, triggering widespread liquidation across exchanges, while institutional flows drove the heaviest trading activity in over a week. News background XRP fell 7.5% in 24 hours, falling from $2.40 to $2.22 in a broad-based selloff that accelerated after the token broke technical support at $2.28. […]
Crash Sends Ripple-Linked Token Towards $2.20 Defense Zone Read More »
According to CoinDesk Research’s technical analysis data model, ether ETH$3,364.14 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-month chart (CoinDesk data) The decline erased recent gains as sellers overwhelmed buyers at crucial price points. ETH posted a lower-high structure,
Fall to $3.331 with whales buying $1.37B during split Read More »
Dogecoin slipped for the second session in a row as heavy whale distribution and technical weakness overshadowed optimism surrounding Bitwise’s expected launch of the DOGE ETF within 20 days. News background Bitwise Asset Management confirmed that its spot Dogecoin ETF can launch within 20 days under the Section 8(a) automatic approval rule, pending no SEC
US listing soon, but DOGE Technicals paint a bearish picture for now Read More »
Bitcoin BTC$101,859.36 holding around $103,000 after rising from Wednesday’s level below $100,000. The CoinDesk 20 Index (CD20) is up 1.8% in 24 hours. Still, the major cryptocurrency remains in a technical downtrend from its Oct. 6 record high of $126,000, having formed a lower high of $116,000 as well as consecutive lower lows. The altcoin
Bitcoin Holds $103K as Altcoins Lag and Traders Hedge Downside Read More »
Ireland’s central bank has fined Coinbase Europe 21.4 million euros ($24.6 million) for breaching its anti-money laundering (AML) and terrorist financing monitoring obligations between 2021 and 2025, the bank said in a press release on Thursday. Coinbase Europe has been fined due to errors in the configuration of its transaction monitoring system, which resulted in
Central Bank of Ireland fines Coinbase $24.6m for anti-money laundering errors Read More »
USDT USDT$0.9997 Issuer Tether’s tokenization arm Hadron is teaming up with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies said in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and build the systems necessary for them to trade on regulated digital asset platforms.
Tether’s Hadron, Bitfinex Securities tokenize ETFs by KraneShares Read More »
Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin hovered around $101,000 as Friday’s trading day began in
‘Extremely Bearish:’ Is $91K New Bitcoin Price Target? Read More »
Chinese car transaction service platform Cango (CANG) pivoted to bitcoin BTC$101,145.47 mining a year ago, plans to strengthen are foothold in this area as well as enter the artificial intelligence (AI) high-performance computing (HPC) market. Cango said it will prioritize optimizing its bitcoin mining business by improving uptime and improving the energy efficiency of its
Cango (CANG) Eyes Strengthening Bitcoin Mining, Entering AI HPC Market Read More »
The Fusaka upgrade to Ethereum, expected to go live in early December, promises to usher the world’s second most valuable blockchain into an era of institutional-grade adoption. For far too long, Ethereum has been too slow and too expensive to attract meaningful Wall Street business. That could change as Fusaka implements major improvements to how
Ethereum is like a shark. If it stops moving, it dies Read More »
Aave’s Horizon market, the DeFi protocol’s institutional-grade platform for real-world assets (RWAs), is getting a big boost as Securitize and VanEck bring their tokenized treasury fund, VBILL, to the platform. The integration, powered by Chainlink’s NAVLink oracle technology, represents another leap forward in bridging traditional finance and decentralized finance (DeFi). Since launching in August, Horizon
Securitize, VanEck Bring VBILL Tokenized Treasury Fund to Aave Read More »
