Cryptocurrency prices fell in the past 24 hours, with the CoinDesk 20 Index (CD20) losing 1.7% and all members lower. Token prices were hit by a sell-off in US stocks after tech firms Meta ( META ) and Microsoft ( MSFT ) raised their AI investment projections, raising concerns about overspending. Bitcoin BTC$109,485.27 was the […]
BTC Drops, XPL, ENA Fall as AI Spending Concerns Hit US Equities Read More »
Investment bank HC Wainwright upgraded Coinbase (COIN) to buy from sell and raised its price target on the stock to $425 from $300 before the crypto exchange reported third-quarter earnings on Thursday. The investment bank said its outlook for crypto prices had turned bullish as seasonal strength and growing institutional demand aligned with favorable regulatory
HC Wainwright turns bullish on Coinbase (COIN), double upgrades to buy with $425 target Read More »
FILE$1.5052 posted a 4.3% gain over the past 24 hours, amid a rally in broader crypto markets that bounced off yesterday’s big drop. The broader market gauge, the CoinDesk 20 Index, was 2.5% higher at press time. The decentralized storage token traded from a low of $1.40 to highs near $1.52 as traders tested critical
Filecoin (FIL) rises over 4% as tokens rebound Read More »
BONK-USD reversed some of its losses from earlier this week, rising 4.6% to $0.00001394 in a bullish move that extended the meme token’s recovery streak. The Solana-based asset built steady upward momentum, marking a breakout above $0.00001380 and posting a new local high near $0.000013968. The 24-hour trading range tightened between $0.00001281 and $0.00001410, reflecting
BONK is regaining some ground with a 4.6% gain Read More »
ICP$2.9408 staged a recovery from Thursday to Friday, rising 1.04% to $2.94 as the token reversed some of the earlier week’s decline. After falling below key short-term averages in previous sessions, ICP regained its footing and closed back above the $2.92 resistance in a sign traders are buying the dip, according to CoinDesk Research’s technical
ICP bounces back above $2.92 to reverse some mid-week losses Read More »
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$109,482.28 slid into support, bounced back into resistance, then settled into a narrower range as activity picked up around key levels. Technical analysis highlights Path and Range: Trade extended around $4,296, with price testing a $106,391 low and later testing $110,700 before easing. Selling wave: The
“Ignoring Bitcoin for 17 years is the scariest thing,” says Metaplanet’s Phil Geiger Read More »
Crypto bank Custodia, founded by Caitlin Long, still can’t access the Federal Reserve’s payment rails after an appeals court ruled out its years-long effort to obtain a so-called “master account” with the US central bank. The 10th Circuit Court of Appeals ruled Friday that the Wyoming special-purpose institution could not compel the Fed to give
Crypto Bank Custodia Suffers Another Court Dismissal in Fed Master Account Pursuit Read More »
According to CoinDesk Research’s technical analysis data model, ether ETH$3,874.69 advanced on heavier than usual trade and then slipped late after an upper band rejection, leaving a narrower range and a clear set of checkpoints above and below. Analyst Commentary Crypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem
Analyst says ‘$ETH is on the verge of making a new all-time high north of $5,000’ Read More »
The native token of the oracle network Chainlink CONNECTION$17.00 jumped 3.6% on Friday, reversing some of Thursday’s losses as traders entered around the key support level. LINK briefly cleared the $17 level with a surge in trading volume — about 3 million tokens changed hands during a morning breakout — indicating renewed accumulation, CoinDesk Research’s
Modest Bounce as Stellar Integration Extends RWA Reach Read More »
Indiana University has reversed course on its decision to stop reporters from including news coverage in the print version of its college newspaper, after weeks of intense criticism from the community and accusations of censorship. In a letter to The Indiana Daily Student published Thursday night, David Reingold, the university’s chancellor, said he acknowledged the
Indiana University lifts ban on printing news in College Newspaper Read More »
