Bitcoin has returned to its week low of $85,500 after suffering the dreaded “Bart Simpson pattern” earlier on Wednesday, where the price quickly runs higher, flattens out for a few minutes, and then just as quickly crashes back to its previous spot. The resulting shape on the charts ends up resembling the head of the […]
Don’t read too much into the current action Read More »
BNB fell nearly 3% over the past 24 hours, falling to around $844, as a sharp reversal in bitcoin and renewed weakness in US tech stocks rippled through crypto markets. The token minutes earlier had risen to $872, but failed to hold gains until selling pressure accelerated, according to CoinDesk Research’s technical analysis data model.
BNB falls nearly 3% as bitcoin whipsaw and tech sell-off hit crypto market Read More »
APT$1.5183 down 5% to $1.50 in the past 24 hours. The token established lower highs and lower lows within a $0.1429 range, according to CoinDesk Research’s technical analysis model. The model showed APT rising to $1.64 on high volume before crashing back down. This created strong resistance at that level. Volume hit 258% above the
Aptos (APT) falls 5% to $1.50 as volume rises above monthly average Read More »
DOT$1.8265 crashed through critical support on Wednesday, falling 3% to $1.83 as technical selling overwhelmed bullish USDC integration news. DOT decisively broke below the $1.90 psychological bottom despite Coinbase (COIN) announcing direct Polkadot network support. Heavy distribution occurred during the last two trading hours, according to CoinDesk Research’s technical analysis model, as the token collapsed
DOT falls 3% to $1.83 as crypto markets bounce back Read More »
XRP fell sharply on Wednesday, breaking below the $1.92 support zone as heightened selling pressure collided with fierce volatility across assets in US trading hours. The move came amid sharp pullbacks in bitcoin, US stocks and AI-related stocks, leaving altcoins exposed as liquidity thinned and derivatives positioning reset. News background Crypto markets saw violent whipsaw
Ripple-linked token falls like bitcoin back below $87,000 Read More »
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency technology development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: New React Bug That Can Drain All Your Tokens Affects ‘Thousands’ Of Sites Ripple Extends $1.3B RLUSD Stablecoin to Ethereum L2s via Wormhole in Multichain Push Aave DAO pushes
Bug that can drain all your tokens affecting ‘thousands’ of sites Read More »
More than $110 million in bitcoin BTC$87,018.43 short positions were liquidated as the price of the largest cryptocurrency rose to $90,000 from an intraday low of $86,200 on Wednesday. Coinglass data shows that short positions were liquidated in the past hour, with the majority occurring on bitcoin trading pairs. The price increase also coincided with
Bitcoin shorts climb after the exits as BTC price rises Read More »
Circle (CRCL) Co-Founder, Chairman and CEO Jeremy Allaire spent 2025 turning a long-standing thesis — that dollar-backed digital money would become core financial infrastructure — into a mainstream policy and technology agenda. This feature is part of CoinDesk’s The list of most influential 2025. Allaire appears to be proud of the strong regulatory foundation for
Most Influential: Jeremy Allaire Read More »
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 2726.78, down 0.5% (-14.03) since 4 PM ET Tuesday. Two of the 20 assets are trading higher. Leaders: BCH (+0.8%) and SOL (+0.3%). Lagging behind: NEAR (-4.1%) and SUI
NEAR Protocol falls 4.1%, leading index lower Read More »
EquiLend, a securities finance giant with $40 trillion in lendable assets, said it made a “strategic” minority investment in Digital Prime Technologies, a regulated crypto finance provider. The company said it is responding to client demand for managed, transparent workflows that can flow directly from trading to post-trade processing and reporting across both traditional and
