According to CoinDesk Research technical analysis data model, BCH$553.05 pushed through $550 on a heavy-volume burst, then cooled into a tight band as traders gauged whether the new support would stick. Technical analysis highlights Path and result: BCH climbed from $540.24 to $554.52 for a 2.6% session gain, establishing higher lows and confirming an uptrend … Read more
BONK-USD reversed some of its losses from earlier in the week, rising 4.6% to $0.00001394 in a bullish movement that extended the meme token’s recovery streak. The Solana-based asset built steady upward momentum, marking a breakout above $0.00001380 and printing a new local high near $0.000013968. The 24-hour trading range tightened between $0.00001281 and $0.00001410, … Read more
ICP$3.4721 staged a recovery on Thursday into Friday, climbing 1.04% to $2.94 as the token reversed a portion of the week’s earlier declines. After falling below key short-term averages in prior sessions, ICP regained its footing, closing back above $2.92 resistance in a sign of traders buying the dip, according to CoinDesk Research’s technical analysis … Read more
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$110,066.28 slid to support, snapped back into resistance, and then settled into a tighter range as activity rose around key levels. Technical analysis highlights Path and range: Trading spanned about $4,296, with price probing a $106,391 low and later testing $110,700 before easing. Sell wave: The … Read more
Seventeen years after its publication, the Bitcoin white paper is still widely viewed as a novel technical achievement or the starting point for a new digital asset class. This narrow interpretation misses its deeper message. The white paper identified structural weaknesses in global payments and settlement that continue to affect consumers, businesses, and financial institutions … Read more
Bitcoin could be in the middle of an unofficial initial coin offering (ICO) as OG coin holders rotate out and fresh blood scoops up the tokens, distributing the supply across a broader number of people, macro analyst and Wall Street old hand Jordi Visser says. In a Saturday episode of entrepreneur Anthony Pompliano’s podcast and … Read more
Crypto bank Custodia, founded by Caitlin Long, still cannot get access to the Federal Reserve’s payment rails after an appeals court ruled against its years-long effort to get a so-called “master account” with the U.S. central bank. The 10th Circuit Court of Appeals ruled Friday that the Wyoming special purpose depository institution could not force … Read more
The native token of oracle network Chainlink LINK$17.13 bounced 3.6% on Friday, reversing some of Thursday’s losses as traders stepped in around key support level. LINK briefly cleared the $17 level with a surge in trading volume — some 3 million tokens changed hands during a morning breakout up —, pointing to renewed accumulation, CoinDesk … Read more
According to CoinDesk Research’s technical analysis data model, ether ETH$3,875.08 advanced on heavier-than-usual trading, then slipped late after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below. Analyst comment Crypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem to invest in and … Read more
Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School. Overcollateralized stablecoin issuers, who must maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, … Read more