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75 of the top 100 coins are trading below key averages

The cryptocurrency market is flashing deep bearish signals as the year-end approaches. At the time of writing, data from TradingView showed that 75 of the top 100 coins by market capitalization were trading below both their 50-day and 200-day simple moving averages (SMAs), indicating overall weakness in the digital asset market. This indicates capital flight

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Token Slides 15% After Circle Deal Takes Dev Team, Leaves AXL

Axelar’s AXL token fell as much as 13% on Tuesday, according to CoinDesk market data, after stablecoin giant Circle said it had signed an agreement to acquire the team and proprietary intellectual property of Interop Labs, the original and core developer behind the Axelar Network. Loading… The agreement explicitly excludes the AXL token and the

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StraitX debuts Singapore and US dollar stablecoins on Solana for fast currency exchange

Solana users could soon exchange Singapore dollars (SGD) for US dollars (USD) instantly online, marking the popular high-speed blockchain’s first access to digital tokens tied to one of the leading Asian currencies. That’s because crypto infrastructure firm StraitX said Tuesday it plans to launch its Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on

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This new React bug can drain your wallets if not caught

A critical vulnerability in React Server Components is being actively exploited by multiple threat groups, putting thousands of websites — including crypto platforms — at immediate risk, with users possibly seeing all their assets drained if affected. The bug, tracked as CVE-2025-55182 and called React2Shellallows attackers to execute code remotely on affected servers without authentication.

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Ripple linked token sees risk of deeper pullback

Market participants appeared to be focused on liquidity conditions and risk reduction, with selling pressure intensifying around previously well-defined support levels. News background XRP traded significantly lower in the recent session as broader crypto markets faced renewed risk-off pressure. Despite continued spot ETF inflows over recent weeks, short-term price action has been dominated by technical

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Dogecoin’s dive below $0.13 attracts institutional attention

Dogecoin lost a critical technical level after a sharp sell-off in high volume, signaling a change in the short-term market structure and forcing traders to reassess risk in the short term. News background Dogecoin fell 5.5% over the past 24 hours, falling from $0.1367 to $0.1291 as selling pressure intensified across the broader crypto market.

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Why bitcoin ETFs appear to be falling short even as their role grows: Asia Morning Briefing

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 Diary Americas. With only two weeks left in the year and many

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