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Prices are moving above the 50-day moving average. What next?

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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 […]

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Massive benefit to Bitcoin? Author Adam Livingston on the ‘Mother-of-All Liquidity Pivots’

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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

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Bitcoin holds above $114,000 as whales absorb supplies and shorts rebalance

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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

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2.6% gain as $319m. in shorts liquidated; Trump-Xi meeting ahead

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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

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Solana CEO of Marinade Labs sees lower barrier to entry for validators after Alpenglow upgrade

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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.

Solana CEO of Marinade Labs sees lower barrier to entry for validators after Alpenglow upgrade Read More »

XRP Ledger Validator Sees NFT-to-NFT trading potential in batch additions

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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

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Fed rate decision, Mag 7 earnings, Trump-Xi summit to move markets

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Major cryptocurrencies are trading higher, with key events including Federal Reserve (Fed) and Bank of Japan (BOJ) interest rate decisions and earnings reports from influential Mag 7 stocks lined up for the coming week. The Fed is likely to cut interest rates The Federal Reserve is widely expected to cut its key interest rate by

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Teucrium CEO Praises ‘XRP Army’, Calls Firm’s Leveraged XRP ETF Admission ‘Extraordinary’

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Investor demand for XRP is “tremendous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for quick traction and calling the fund his firm’s most successful launch to date. Gilbertie said the influx reached “hundreds of millions” in about 16 weeks and described the response

Teucrium CEO Praises ‘XRP Army’, Calls Firm’s Leveraged XRP ETF Admission ‘Extraordinary’ Read More »

Bitcoin Tops $113,000, SOL, ADA, ETH Jump As US-China Trade Raises Risk Appetite

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Bitcoin climbed above $113,000 in late Asian hours Sunday, the highest in nearly two weeks, as traders cheered signs of progress in U.S.-China trade talks that eased fears of another tariff spiral. Top negotiators from both nations said they had reached a “tentative consensus” on several contentious issues — including export controls, fentanyl and shipping

Bitcoin Tops $113,000, SOL, ADA, ETH Jump As US-China Trade Raises Risk Appetite Read More »

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