Ant Group, the Alibaba-affiliated fintech giant behind Alipay, has filed a trademark application for AntCoin in Hong Kong, suggesting possible plans to expand into blockchain-based financial services and stablecoins. The June filing has attracted significant attention on crypto-social media just days before Ant Group chairman Eric Jing is scheduled to speak alongside Hong Kong Financial […]
Privacy-focused cryptocurrency ZEC$356.22 has recently increased in price, prompting several blockchains to integrate the token into their ecosystems. On October 16, Solana, the world’s second largest smart contract platform, launched wrapped ZEC via the Zolana bridge. However, these wrapped tokens act as standard Solana Program Library (SPL) tokens and do not offer the privacy protections
Restoring privacy to ZEC on Solana via Encifher Read More »
Japan has done what its Asian peers cannot: launch a stablecoin that can circulate globally. Japan’s JPYC today announced the world’s first yen-pegged stablecoin, a fully redeemable digital yen backed by domestic deposits and Japanese government bonds (JGB). The stablecoin issuer said it will not charge a transaction fee and instead generate income from interest
Japan’s New Yen Stablecoin is Asia’s only truly global Fiat-Pegged Token Read More »
DOGE is outperforming broader crypto markets as volume rises nearly 10% above weekly averages, signaling early accumulation within the breakout structure. News background Dogecoin rose 1.4% to $0.21 in Tuesday’s session, marking its first decisive move above the $0.2026 resistance threshold since late August. The meme coin’s price action demonstrated relative strength relative to the
Breaks multi-month range as $0.21 becomes support Read More »
Bitcoin BTC$111,700.54 has recently crossed above the 50-day simple moving average (SMA), a commonly observed indicator of a short-term bullish trend. This breakout is validated by technical indicators, including a fresh bullish crossover on the daily MACD histogram and a bullish cross between the 5- and 10-day SMAs, signaling increasing upside momentum. The recent rally
Prices are moving above the 50-day moving average. What next? Read More »
Bitcoin could be set up for a big move, author Adam Livingston said, after The Kobeissi Letter noted that bank cash at the Federal Reserve fell to about $2.93 trillion. Kobeissi Letter is an independent macro market newsletter and widely followed X account run by analyst Adam Kobeissi. In its Oct. 25 post, the newsletter
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’s rally above $114,000 this week reflects a measured reset rather
Bitcoin holds above $114,000 as whales absorb supplies and shorts rebalance Read More »
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 »
