Upexi (UPXI), a Nasdaq-listed crypto-tax company focused on solana SUN$124.15filed to raise as much as $1 billion in a shelf filing with the US Securities and Exchange Commission (SEC), The move gives the company the flexibility to raise capital by selling common stock, preferred stock, debt instruments, warrants or shares in one or more offerings […]
Solana’s fiscal Upexi requests capital raising of up to $1 billion Read More »
The Council of the European Union, an EU body that amends legislation and obligates national governments to adopt the bloc’s laws, said it backs the European Central Bank’s plan to explore an official digital currency, calling it an evolution of money and a tool for financial inclusion. However, in a Friday posting on its website,
The ECB gets support from the Council of the EU to keep limits on the digital euro Read More »
Filecoin FILE$1.2728 retreated 2.2% over 24 hours, falling from $1.32 to $1.29 as technical sellers dominated the price action. The decentralized storage token established a clear bearish channel pattern with successive lower highs confirming downward momentum across the 5-cent trading range, according to CoinDesk Research’s technical analysis model. The model showed that volume activity told
Filecoin (FIL) falls as bear tests support Read More »
Internet Computer (ICP) was also an underperformer, down 2% from Monday.
CoinDesk 20 Performance Update: Uniswap falls 3.7% as all index constituents fall Read More »
The price of BNB is hovering around the $850 mark after losing more than 1.5% of its value over the past 24 hours. The token has fallen from a recent high near the $870 level, coinciding with bitcoin’s drop from over $90,000 to the $87,000 range on Tuesday morning. Price action reflected this caution. After
BNB price falls back to the $850 level Read More »
Crypto Markets Today will be on hiatus for a while starting Wednesday. We’ll be back on January 5th with your regular trading update and market analysis. Wishing you and yours a wonderful holiday! It’s another risk-free day in the crypto market, with Cardano-based Midnight Network’s governance token, NIGHT, down 22% in 24 hours, the worst
Cardano based NIGHT crashes, ZEC, XMR also drop Read More »
Crypto Daybook Americas will be on hiatus for a while starting Wednesday. We’ll be back on January 5th with your regular wake-up call of what touched the industry overnight and what’s coming up in the day ahead. Wishing you and yours a wonderful holiday! By Omkar Godbole (All times ET unless otherwise noted) Sentiment in
Risk aversion boosts gold, hurts bitcoin (BTC) price: Crypto Daybook Americas Read More »
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoins BTC$87,797.29 The late-year attempt to regain balance ran into a glass ceiling on Monday, forcing prices back below $88,000. This ceiling is defined by a descending trendline drawn from October’s record high above $126,000, connecting the tops of subsequent
The trend line from $126,000 limits gains Read More »
Strategy (MSTR), the largest bitcoin BTC$87,642.09 holder among publicly traded companies, increased its dollar reserve to $2.2 billion, giving the company a two-and-a-half-year buffer to meet dividend obligations and the flexibility to navigate a potential “bitcoin winter” if BTC prices follow the conventional four-year market cycle. The company sold shares to add $748 million to
The MSTR liquidity buffer covers dividends and debt without systemic risk until 2027 Read More »
Falling bitcoin BTC$87,563.81 mining is often interpreted as a sign of network stress, reflecting weaker miner profitability, declining hash rate, and concerns over the economic sustainability of mining. It is widely believed to be bad for the bitcoin price. However, digital asset investment firm VanEck argues that periods of declining hash rate — the total
