Bitcoin hovered around $111,000 on Thursday afternoon Hong Kong time, steady after another volatile stretch as China’s latest retaliatory trade measures against the United States reignited risk aversion across global markets. The broader crypto market slipped back into cautious mode, with total capitalization unchanged at around $3.8 trillion. Ether ETH$4,044.48 traded near $4,000, BNB at […]
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoins BTC$111,167.91 The price recovery after Friday’s crash has been tepid at best, leaving prices dangerously close to the key support zone. The result here could form the basis for significant features. BTC rose to $116,000 after Friday’s sharp decline, which
How far can prices drop below $107K-$110K Support? Read More »
Bitcoin price today: struggling at $111k as trade tensions, risk aversion weigh
Bitcoin price today: struggling at $111k as trade tensions, risk aversion weigh Read More »
On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion of PayPal Holdings Inc.’s PYUSD stablecoin on Ethereum — a “fat finger” glitch on the blockchain that far exceeded the total $2.4 trillion circulating supply of the U.S. dollar. “At 15:12 EST, Paxos erroneously minted excess PYUSD as part of an internal transfer. Paxos immediately identified
Paxos Fat-Fingers $300T of PayPal’s PYUSD, Exceeds US Dollars (USD) $2.4T Supply Read More »
Heavy selling across digital assets drives DOGE 5% lower; desk formation of eye base as liquidation pressure shows early signs of exhaustion. News background DOGE followed the broader market liquidation triggered by renewed US-China tariff rhetoric, falling 5% from $0.21 peaks to settle at $0.20. President Trump’s proposed 100% tariff plan wiped out about $19
Trading Desk Flows Tip Bonding. See $0.214 Flip for Momentum Read More »
Volatility Shares, one of the most aggressive ETF issuers in the crypto space, has filed with US regulators to launch a suite of 5x leveraged exchange-traded funds tracking bitcoin BTC$111,640.80ether ETH$4,029.82and XRP. The proposed products will amplify daily price movements by five times, meaning it can turn a 2% move in the underlying asset into
Volatility shares files for 5x leveraged Bitcoin, Ether, Ripple ETFs Read More »
While the recent wave of tokenized stocks has mostly targeted offshore users, a new platform called SoloTex aims to bring stock tokens to US retailers in a compliant way. Texture Capital, a US-based broker-dealer registered with the SEC and FINRA, said it has received regulatory approval to launch SoloTex, a retail venue that lets investors
SoloTex Brings Equity Tokens to US Retailers Following FINRA Nod Read More »
Bitcoin BTC$111,607.35 Mining firm Bitdeer Technologies ( BTDR ) surged as much as 30% on Wednesday after announcing new steps to accelerate its expansion into high-performance computing (HPC) and artificial intelligence (AI) infrastructure. The Singapore-based company said it will directly manage the development of its own AI data centers instead of relying on outside partners,
Bitdeer (BTDR) accelerates AI pivot 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 Daybook Americas. QCP Capital says the market has moved beyond simple interest
QCP says global liquidity, not Fed cuts, is driving the market Read More »
Crypto exchange Backpack said it is adding SEC-registered US stocks to its trading platform with Superstate, the blockchain finance startup led by Compound founder Robert Leshner. Announced Wednesday, the deal embeds Superstate’s Opening Bell platform into Backpack, allowing non-US users to trade tokenized shares of public companies on the chain. With the addition, Backpack claimed
Superstate expands SEC-registered stock tokens with backpack Read More »
