Bitcoin BTC$109,495.69 bottomed out at around $103,500 on Friday, marking an 18% correction from its all-time high of $126,200 reached on October 6. This is consistent with a standard bull market correction, where bitcoin typically retreats around 20%, a pattern that has defined the current cycle since it began in 2023. Price reduction from ATH […]
This cohort is the main force behind Bitcoin’s resistance in price Read More »
The crypto market has pulled higher after last week’s selloff, with BTC and ETH testing major levels of support. BTC is now trading around $111,000, while ether is back above $4,000. There are also glimmers of strength in the altcoin market; with LINK up 14% and FLOKI gaining 27% over the past 24 hours. Sentiment
BTC regains $111K, ETH tops $4K after last week’s selloff Read More »
Citi ( C ) said stablecoins have risen in line with the broader crypto market since the GENIUS Act was passed in July, prompting its analysts to raise their 2030 market cap outlook to $1.9 trillion last month. Stablecoins remain the primary path to crypto and have consistently accounted for 5%-10% of total market capitalization,
Wall Street Bank Citi (C) Sees Stablecoins Driving Crypto’s Next Phase of Growth 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 is trading around $110,300 Tuesday morning Hong Kong time
BTC holds firm as market resets after leverage flush Read More »
Although the US government remains shut down, the Senate is a hive of crypto activity this week, with Republican lawmakers now matching a planned Democratic meeting with industry leaders set for Wednesday. After CEOs like Coinbase’s Brian Armstrong and Chainlink’s Sergey Nazarov meet with as many as 10 Democratic senators, they will jump to a
Senate Republicans call for own meeting with crypto chiefs after Democrats’ sitdown Read More »
BNB, the BNB chain’s native token, rose 1.4% in the past 24-hour period despite sharp swings that saw its price move through a 7% range during a high-volume session, according to CoinDesk Research’s technical analysis data model. The gains come amid a rally in risk assets, with bitcoin up 2.6% in the past 24 hours,
BNB rises as crypto markets bounce back on potential Fed policy shift Read More »
Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has launched a Solana-branded version of its Gemini credit card with automatic wagering for SOL rewards. The card gives users a way to show support for the network while earning returns on everyday purchases, the company said in a blog post Monday. Cardholders can earn
Crypto Exchange Gemini (GEMI) Launches Solana-Themed Credit Card With Automatic Rewards Read More »
As the AI/HPC frenzy continues to sweep through the bitcoin mining industry, markets are quickly rewriting companies that are shifting their focus towards powering the next generation of computing infrastructure. CleanSpark ( CLSK ) joined the move Monday, announcing an evolution in its business model beyond pure-play bitcoin mining. As part of this strategic pivot,
Bitcoin (BTC) Miner CleanSpark (CLSK) Increases AI Push Read More »
There is a growing sense that 2025 will be a bust for long-awaited US legislation to establish a fully regulated crypto sector, but talks in the Senate could at least build momentum again, according to the sentiments of those scheduled to speak with Senate Democrats this week. Crypto leaders such as Coinbase CEO Brian Armstrong,
Crypto’s unfinished legislative agenda tilts as CEOs meet with Democrats Read More »
A weeend jump in crypto stalled during Monday’s US session, with investors still fearing further declines Bitcoin BTC$110,921.52 traded just above $111,000 late Monday, up nearly 2% over the past 24 hours but off previous highs. Ether ETH$3,987.72 fell just below $4,000, down 0.2% on the day. XRP$2.5066 and Chainlink CONNECTION$18.85 led gains in the
