Business

Miners, Robinhood Earnings and Interest Rate Decisions: Crypto Week Ahead

Business / Leave a Comment

After a disappointing October, the crypto market will be watching for signs of whether November will prove more uplifting for bitcoin BTC$107,870.97 and other major cryptocurrencies. Impulses can be created by interest rate decisions from the Bank of England, the Central Bank of Brazil and the Bank of Mexico. Missing from the lineup is the […]

Miners, Robinhood Earnings and Interest Rate Decisions: Crypto Week Ahead Read More »

Balance the hack? DeFi Platform Hit by Apparent Exploitation as $70M in Crypto Moves

Business / Leave a Comment

Balancer, a decentralized finance (DeFi) protocol with over $750 million in value locked up, appears to have been hit by another major exploit, with on-chain data showing around $70.9 million in digital assets drained to a new wallet. The affected funds include 6,850 osETH, 6,590 WETH and 4,260 wstETH, blockchain data analyzed by CoinDesk showed

Balance the hack? DeFi Platform Hit by Apparent Exploitation as $70M in Crypto Moves Read More »

Trump tells CBS News he ‘doesn’t know’ who Binance’s Changpeng Zhao is

Business / Leave a Comment

President Trump reiterated his claim that he does not know who Binance founder Changpeng ‘CZ’ Zhao is during an interview with CBS News. Trump granted Zhao a presidential pardon in October, nearly a year after the Binance founder pleaded guilty to violating the Bank Secrecy Act and served a four-month prison sentence. Trump told CBS’s

Trump tells CBS News he ‘doesn’t know’ who Binance’s Changpeng Zhao is Read More »

Why did the Fed inject a massive $29.4 billion in liquidity and what does it mean for BTC

Business / Leave a Comment

The US Federal Reserve (Fed) pumped $29.4 billion into the banking system on Friday, sparking optimism on crypto social media. While the move was intended to ease liquidity problems and supports risk assets including bitcoin, it is nothing out of the ordinary. The Fed pumped billions through overnight repo operations, the largest since the 2020

Why did the Fed inject a massive $29.4 billion in liquidity and what does it mean for BTC Read More »

Chart becomes neutral, repeated $2.55 rejections Define next breakout zone

Business / Leave a Comment

XRP dipped below the $2.50 mark during Tuesday’s session, falling 1.2% to $2.49 as repeated rejections at $2.55 confirmed strong resistance. The decline came on the back of heavy institutional activity, with volume rising 85% above its recent average as sellers consolidated control at the upper end of XRP’s trading range. News background The digital

Chart becomes neutral, repeated $2.55 rejections Define next breakout zone Read More »

Drops to $0.18 when ‘Death Cross’ price action appears

Business / Leave a Comment

Dogecoin fell 2.3% to $0.1827 during Tuesday’s trading session, decisively breaking below key support at $0.1830 as the whale distribution accelerated and long-term holders began exiting positions. The decline came on the back of a deteriorating technical backdrop and increased sales activity across major wallets. News background DOGE fell from $0.1870 to $0.1827 across the

Drops to $0.18 when ‘Death Cross’ price action appears Read More »

Cautious calm returns to BTC markets as traders rebuild risk

Business / Leave a Comment

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 BTC$109,797.89 trades above $110,000 and Ether is at $3,880

Cautious calm returns to BTC markets as traders rebuild risk Read More »

Scroll to Top