Bitcoin’s weak October could help create the conditions for a year-end rebound – the so-called “Santa Claus Rally” that has historically lifted crypto markets in December. Data from Coinglass shows that bitcoin has ended six of the past eight Decembers in the green, with gains of between 8% and 46%, indicating a consistent seasonal tailwind […]
Traders expect Santa rally amid Trump’s $2,000 pledge Read More »
DOGE broke above key resistance at $0.1815 during Tuesday’s session as volume surged 96% above average before a late-session reversal erased most intraday gains. The move created a lower high formation that signals a potential near-term shift in momentum. News background Dogecoin rose 3.1% to $0.1824 in Tuesday’s trade, extending a multi-session rally before encountering
Test $0.18 Floor after intraday breakout sparks profit-taking Read More »
Institutional flows accelerated on Tuesday as XRP broke from broader crypto weakness, posting steady gains amid improved regulatory clarity and controlled accumulation across key support zones. News background XRP rose 1.55% to $2.53 in Tuesday’s session, outperforming the broader crypto market by 2.33 percentage points. The gain came as investors continued to build positions on
Bulls target $2.65 in next move for Ripple-Linked Token Read More »
Shares of IREN, the bitcoin miner turned AI infrastructure player, are up more than 500% year-to-date, but that may just be the beginning, according to a Wall Street bull. After the company’s third-quarter earnings report last week and its five-year, $9.7 billion deal with Microsoft to provide 200 megawatts of AI computing at its Childress,
Cantor Fitzgerald’s Brett Knoblauch thinks IREN could be a $384 stock in three years 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. Six years after China’s eCNY debut, Hong Kong’s FinTech Week
Hong Kong’s FinTech Week belonged to Stablecoins, not CBDCs Read More »
BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury (DAT) firm led by Wall Street strategist Thomas Lee, continued to buy ether ETH$3,627.83 through last week, added 110,288 tokens worth nearly $400 million at current prices to its treasury, the company said Monday. The purchases raised the company’s ETH holdings to over 3.5 million tokens,
BitMine (BMNR) Keeps Buying Ether (ETH) Read More »
Cryptocurrency exchange giant Bybit is in talks to acquire Korbit, one of the oldest crypto exchanges in South Korea, according to media reports in the country. Bybit, the second-largest crypto exchange, met with Korbit executives, Maeil Business reported, citing sources in the virtual asset industry. Korbit told the newspaper: “We cannot comment on ongoing cases.”
Bybit is said to be in talks to buy South Korean crypto exchange Korbit: Report Read More »
BONK rose 1.7% to $0.00001332 over the past 24 hours, extending its recent breakout move while testing higher resistance levels. The Solana-based meme token is trading in a tight upward channel after decisively breaking through the $0.00001320 threshold and maintaining its bullish structure through moderate volatility, according to CoinDesk Research’s technical analysis data model. Volume
BONK Extends Gains to $0.00001332 on 82% Volume Increase Confirming Breakout Pattern Read More »
According to CoinDesk Research’s technical analysis data model, dogwifhat (WIF) staged a measured accumulation phase before explosive gains took the memecoin to session highs near $0.497 during Tuesday trading. WIF spent most of the 24-hour period consolidating between $0.4754-$0.4897 before breaking out dramatically overnight on institutional-level volume. The outbreak took place on 10 November at
Dogwifhat (WIF) rose 5% to $0.497 before retreating as profit-taking emerged Read More »
The Senate Agriculture Committee released its draft crypto market structure legislation on Monday, bringing the body a necessary step closer to advancing its response to the House Clarity Act legislation to define how exactly the Commodity Futures Trading Commission can monitor spot market trading. The bill, which still includes parentheses denoting sections where lawmakers have
Senate committee drafts crypto bill to define CFTC’s role in overseeing markets Read More »
