LUNCH$0.0₄6315the repurposed token from the collapsed Terra ecosystem, posted one of the biggest gains in the crypto market over the past 24 hours, rising more than 74% to $0.0000072 on exploding trading volume. The token has risen more than 160% in the past week. The rally comes ahead of the Dec. 11 sentencing of Terraform […]
LUNC up over 160% in one week as Kwon judgments and token burns draw traders Read More »
XRP fell towards the $2 mark in the early US hours on Friday as social sentiment around the token soured sharply, with new data from research firm Santiment showing the deepest stretch of bearish commentary since October. The reversal in crowd sentiment comes after a two-month decline of around 31%, leaving the token vulnerable to
Ripple Token faces downside as social sentiment turns wildly negative Read More »
The Bank of Japan is preparing to raise interest rates at its December policy meeting, a move that will lift the country’s benchmark interest rate to the highest level since 1995 and potentially reverberate through global risk markets, including crypto. People with knowledge of the matter told Bloomberg that policymakers are leaning toward a 25
Japan puts BTC in the crosshairs for a yen bear relaxed Read More »
The European Commission, the executive arm of the European Union (EU), proposed ending individual countries’ oversight of cryptocurrency companies and transferring responsibility to the bloc’s market regulator as part of moves to “fully integrate” EU financial markets. The commission wants to address the inconsistencies resulting from different supervisory approaches among the 27 member states and
The European Commission wants to transfer crypto supervision to ESMA Read More »
APT$1.7282 weakened sharply during Friday’s session, falling 6% to $1.85 as technical selling overwhelmed buyers. The token lagged the broader crypto market, with the CoinDesk 20 index down 2.5% at press time. Trading volume remained muted at just 10.8% of the 30-day average, suggesting APT’s decline lacks broad participation, according to CoinDesk Research’s technical analysis
Aptos (APT) falls 6% to $1.85 as technical breakdown accelerates Read More »
Monet Bank, a small community bank in Texas owned by a billionaire political supporter of President Donald Trump, has entered the field of crypto lenders, billing itself as an “infrastructure bank” focused on digital assets. “Monet is focused on being the leading financial institution for digital assets, providing innovative and forward-looking solutions for the digital
Small Texas Lender Monet Joining Field of Crypto-Focused Banks Read More »
Strategy’s ( MSTR ) senior perpetual preferred stock, STRF, has increasingly emerged as the company’s most successful credit instrument since launching in March. Trading at $110, STRF is up 36% since issue and is up 20% from its Nov. 21 low of $92. That date also marked bitcoin’s local bottom near $80,000, highlighting the strong
STRF has performed best during the latest rejection 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 2903.22, down 1.5% (-45.1) since 4 PM ET Thursday. One in 20 assets are trading higher. Leaders: BCH (+0.5%) and ETH (-0.4%). Laggards: APT (-5.5%) and ICP (-4.9%). The
The index falls 1.5% as almost all components fall Read More »
Not waiting for what has become its usual Sunday night rush hour, bitcoin BTC$89,361.79 gets an early start to the weekend this holiday season, continuing an overnight decline and slipping back to $90,000 in early US trading. The move reverses much of the rejection from last Sunday night’s panicked plunge that pushed bitcoin all the
BTC Back to $90,000 as Bounce Fails for now Read More »
Cantor Fitzgerald’s Brett Knoblauch had caught up on the sharp decline in the price of Strategy ( MSTR ) and lowered his 12-month price target for Strategy ( MSTR ) to $229 from $560, citing a weaker environment for raising capital tied to bitcoin BTC$89,138.90. The new target still suggests nearly 30% upside from the
