Bitcoin was trading around $114,501 at 23:35 UTC on Oct. 26, extending a clean break above $112,000 as short sellers bore most of the day’s liquidation and traders analyzed new US-China trade talk posts ahead of this week’s FOMC meeting. Breakout summary CoinDesk Research’s technical analysis model observed a move from $111,453 to $113,572, led […]
2.6% gain as $319m. in shorts liquidated; Trump-Xi meeting ahead Read More »
Solana’s upcoming Alpenglow upgrade could mark a turning point for the network’s stake economy. CoinDesk sat down with Michael Repetny, CEO of Marinade Labs, the company that supports Solana’s liquid stake protocol Marinade, to discuss how the update aims to change the economics of running a validator on Solana, significantly lowering the barrier to entry.
A proposed XRP Ledger change, Batch (XLS-56), is generating excitement among developers and validators alike. A pseudonymous XRP validator, Vet, has shared his experience testing the Batch functionality on the dev network, where multiple transactions, including minting and payments for non-fungible tokens (NFTs), can be aggregated and executed automatically. The change, according to Vet, enables
XRP Ledger Validator Sees NFT-to-NFT trading potential in batch additions Read More »
Major cryptocurrencies are trading higher, with key events including Federal Reserve (Fed) and Bank of Japan (BOJ) interest rate decisions and earnings reports from influential Mag 7 stocks lined up for the coming week. The Fed is likely to cut interest rates The Federal Reserve is widely expected to cut its key interest rate by
Fed rate decision, Mag 7 earnings, Trump-Xi summit to move markets Read More »
Gold’s record-breaking run took a breather this week, snapping an eight-week winning streak as traders took profits ahead of the Federal Reserve’s October policy decision. The pullback has eased safe-haven demand and, for the first time in weeks, has tilted some attention back to risk assets, including bitcoin BTC$113,686.51. Spot gold fell more than 6%
Gold Rally takes breath in boost for BTC Bulls Read More »
Investor demand for XRP is “tremendous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for quick traction and calling the fund his firm’s most successful launch to date. Gilbertie said the influx reached “hundreds of millions” in about 16 weeks and described the response
Bitcoin climbed above $113,000 in late Asian hours Sunday, the highest in nearly two weeks, as traders cheered signs of progress in U.S.-China trade talks that eased fears of another tariff spiral. Top negotiators from both nations said they had reached a “tentative consensus” on several contentious issues — including export controls, fentanyl and shipping
Bitcoin Tops $113,000, SOL, ADA, ETH Jump As US-China Trade Raises Risk Appetite Read More »
Bitcoin BTC$113,324.85 has long been described as “digital gold” and, like the precious metals, is often set up as a hedge against inflation. But new data from NYDIG suggests that the narrative is not true. In his weekly summary, NYDIG’s global head of research Greg Cipolaro found that inflation is not a reliable factor driving
Bitcoin is not digital gold, it is a ‘liquidity barometer’, says NYDIG Read More »
If confirmed, current SEC official Mike Selig will take over the US commodities watchdog as it prepares to gain broad authority over crypto.
Trump Names SEC Crypto Task Force Head Selig as Next Nominee to Lead US CFTC Read More »
The first US-listed exchange-traded fund (ETF) offering spot exposure to XRP has surpassed $100 million in assets under management (AUM) just one month after launch, according to issuer REX-Osprey. The ETF, REX-Osprey XRP ETF (XRPR), has seen rapid growth since its launch in September. It offers investors direct exposure to XRP, which is currently the
First US Spot XRP ETF Surpasses $100M in assets under management Read More »
