Ethereum developers are preparing for the network’s second upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a mix of the names Fulu + Osaka – consists of two upgrades that happen on Ethereum’s consensus and execution layers at the same time. The goal of the upgrade is to enable […]
Ethereum’s Fusaka Upgrade, Grayscale Chainlink Trust: Crypto Week Ahead Read More »
HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO reveals that one company is paying a lot for that position. According to filings published Monday with the Hong Kong stock exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, about double the previous year, as its Hong
HashKey leads Hong Kong’s crypto market as losses widen ahead of IPO Read More »
XRP fell 7% to $2.05 as a flurry of institutional selling broke through critical support levels, drowning out strong ETF inflows and forcing the token back into its November correction range. • XRP spot ETF inflows reached $666.6M. this month, led by 21Shares’ new TOXR listing• Supply of exchanges fell 45% over 60 days, showing
Slides 7% as technical split opens, moves to $1.80 Read More »
Bitcoin Price Today: Drops to $86,000 as Yearn Finance Pool Break Rattles Markets
Bitcoin Price Today: Drops to $86,000 as Yearn Finance Pool Break Rattles Markets Read More »
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A much-watched momentum indicator has flashed red, a warning that has signaled the start of extended bitcoin BTC$86,085.26 downturns in all major cycles since 2012. This indicator is the moving average convergence divergence (MACD) histogram of the monthly chart. The
Bitcoin Bear Market Confirmed, Ether Sees Death Cross Read More »
Crypto markets were hit by a fresh wave of forced liquidations early Monday as nearly $646 million in leveraged positions were wiped out across major exchanges, adding to the month’s torrid closes and extending losses in bitcoin, ether and large-cap altcoins. Coinglass data shows that longs accounted for nearly 90% of the total, with the
BTC, XRP, ETH, ADA fall as Bitcoin falls liquidates $500 million Read More »
Dogecoin plunged nearly 8% after its key support level collapsed, triggering a high-volume liquidation wave that overshadowed muted ETF inflows and sent the memecoin towards new monthly lows. • DOGE ETFs from Grayscale and Bitwise generated only 2.16 million. USD in first week inflows• The ETF launch was expected to attract institutional attention, but demand
Dogecoin Falls 9% Amid Bitcoin Weakness. Will there be a larger landfill? Read More »
Mainland China has reiterated its anti-crypto stance and vowed to intensify its efforts against speculation in virtual currencies, according to a report by China Daily. Virtual currencies lack the legal status of fiat money and cannot be used as currency in markets. All related activities qualify as illegal financial operations, officials from the People’s Bank
China to step up crackdown on virtual currencies, including stablecoins: Report 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 Diary Americas. Bitcoin slipped below $90,000 in Hong Kong morning hours as
BOJ Rate Hike Bets Trigger Asia Selloff and Bitcoin Slide Read More »
Bitcoin BTC$90,993.53ether ETH$3,007.72 and other major tokens slipped early Monday, extending a bruising close to November amid fresh panic from DeFi platform Yearn Finance. BTC, the leading cryptocurrency by market capitalization, fell over 3% to nearly $87,000 in early Asian hours. Ethereum’s native token ETH fell 5%, while SOL, DOGE, XRP fell over 4%, according
Bitcoin Falls to $87,000 Amid yETH Exploitation of the Year Read More »
