According to CoinDesk Research’s technical analysis data model, ether ETH$3,361.14 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers overwhelmed buyers at crucial price points. ETH posted a lower-high … Read more
XRP plunged sharply Wednesday as sellers overran key support zones, triggering widespread liquidation across exchanges while institutional flows drove the heaviest trading activity in over a week. News Background XRP fell 7.5% over 24 hours, sliding from $2.40 to $2.22 in a broad-based selloff that accelerated after the token breached the $2.28 technical support. The … Read more
Dogecoin slipped for a second straight session as heavy whale distribution and technical weakness overshadowed optimism surrounding Bitwise’s expected spot DOGE ETF launch within 20 days. News Background Bitwise Asset Management confirmed that its spot Dogecoin ETF may launch within 20 days under the Section 8(a) automatic-approval rule, pending no SEC intervention. The move follows … Read more
BONK-USD extended its decline on Thursday, slipping 4.06% to $0.00001174 in the last 24 hours as the Solana-based meme token failed to maintain its foothold above the $0.00001200 level. The move continued a week of uneven trading across smaller-cap digital assets, with BONK’s volatility underscoring growing uncertainty in the meme token segment. The token traded … Read more
Call it some air slipping out what might be an AI bubble, or the Fed engineering a tightening in liquidity into a growing economic slowdown, or some combination of the two, but markets are pulling back again on Thursday. Just before the noon hour on the east coast, the Nasdaq is lower by 2% and … Read more
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin hovered around $101,000 as the Friday trading day began in … Read more
Two years after clinching 1 BTC in a national competition of Bitcoin meetups at Bitcoin 2023, the Tampa Bay Bitcoin Meetup—now formalized as the nonprofit Bitcoin Bay Foundation—has channeled the prize into a thriving local ecosystem. Valued at roughly $25,000 to $30,000 at the time, that bitcoin has appreciated to over $100,000 amid bitcoin’s bull … Read more
Robinhood (NASDAQ: HOOD) executives say the company is still debating whether to add Bitcoin (BTC) to its corporate treasury, even as crypto-related revenues soar. Speaking on Robinhood’s third-quarter 2025 earnings call Wednesday, CEO Vlad Tenev said Robinhood has spent “a lot of time” evaluating the potential move. He emphasized that adding Bitcoin to the balance … Read more
A Samourai Wallet developer was sentenced Thursday to five years in prison for operating a crypto mixing service prosecutors say laundered $237 million in illicit funds. Keonne Rodriguez, the CEO of Samourai Wallet, received the statutory maximum from U.S. District Judge Denise Cote of the Southern District of New York, following an hour-long hearing in … Read more
ARK Invest CEO Cathie Wood has adjusted her long-term Bitcoin forecast, citing the rise of stablecoins as a force in the crypto space. Speaking on CNBC’s Squawk Box Thursday, Wood said that stablecoins are increasingly serving as digital dollars for payments and remittances — functions she previously expected Bitcoin to fulfill. “Stablecoins are usurping part … Read more