Major cryptocurrencies are rising alongside gains in U.S. stocks as oil prices shed the war premium built up in recent weeks. But broader market participation remains elusive and limited to just a few pieces. Bitcoin BTC$74,392.92 and ether (ETH) are up 5% and 9%, respectively, over the past 24 hours, as digital asset treasuries like […]
Shin Hyun-song, the candidate to head the Bank of Korea, said a central bank digital currency (CBDC) and deposit tokens issued by banks should form the core of South Korea’s digital currency system, with stablecoins playing a secondary role. “I expect that digital currencies and central bank deposit tokens can coexist with stablecoins in a
Bank of Korea candidate supports CBDC-led system with limited stablecoin role Read More »
Bitcoin BTC$74,649.65 analysts seemed optimistic at the start of the week and the market agrees with them. The price of the cryptocurrency hit a four-week high above $74,000. As the recovery continues, several key levels are now in focus. Let’s look at them in detail. $75,000 per “exit point” This is perhaps the most important
Key Levels to Watch as the Rally Gains Momentum Read More »
Dogecoin is pushing higher again, with volume confirming the move, but it has yet to break through the level that really matters. The breakout appears constructive, although still early, with prices holding onto their gains rather than fading. News context • DOGE-linked investment products saw new inflows after weeks of inactivity, signaling a return of
Dogecoin climbs 3% towards 10 cents as ETH breakout spurs memecoin bets Read More »
Bitcoin’s breakout past $74,000 on Monday received help from Japan. Bank of Japan Governor Kazuo Ueda has dampened expectations of an interest rate hike at the upcoming policy meeting on April 28, signaling a more cautious stance amid uncertainty over the impact of the war in Iran on the Japanese economy. Such decisions have reverberated
Nikita Bier may have just told crypto what X is about to ship. “Crypto has had a rough year. Maybe we should launch something to fix it,” X’s product manager wrote Tuesday in a post that garnered more than 677,000 views in a matter of hours. Crypto has had a rough year. Maybe we should
X’s Nikita Bier says ahead of X Money launch Read More »
Steve Aoki told CoinDesk in August 2021 that NFTs would be “part of the culture” within five years. Almost exactly five years later, he liquidated what remained of his crypto portfolio. Data from Arkham Intelligence shows that Aoki’s wallet sold 1.785 billion SHIB for around $10,300 and traded 7.25 ETH for around $15,900 on Monday,
RaveDAO’s RAVE token, a little-known project until last week, burst onto the scene in a big way. It is now the third largest cryptocurrency behind bitcoin. BTC$74,189.01 and ether (ETH) – not by market capitalization, but by liquidations or forced closures of leveraged futures bets by exchanges. Over the past 24 hours, exchanges liquidated RAVE
RaveDAO ranks in top three alongside Bitcoin and Ether with $43 million in liquidations Read More »
XRP is pushing higher again, but the real story is the pattern underneath. Prices are rising on heavy volume, even as sentiment remains overwhelmingly negative, a combination that has historically preceded sharper moves. News context • Social sentiment fell to one of its most bearish levels in two years, a pattern that preceded strong rebounds.•
What’s next for Ripple-linked XRP as technicals suggest key breakthrough ahead Read More »
Ether (ETH) is ahead of Bitcoin in a clear rotation, with capital moving as Bitcoin ETFs see outflows and Ether funds and prices increase. ETH is up about 8% over the past 24 hours, compared to a gain of around 5% for Bitcoin, according to market data from CoinDesk, extending its outperformance to around 4
Ether outpaces Bitcoin as ETF flows split and Ethereum activity jumps 41% on the week Read More »
