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BONK Weakens as Repeated Stress Tests Limit Meme Token Momentum

BONK decreased to $0.00001073, down 2.1% in the last 24-hour window, as another attempt to reclaim higher grounds failed below the familiar $0.00001090 resistance band. The token is lagging broader crypto benchmarks by about 3.5 percentage points, extending a multi-session trend of relative underperformance even as major assets posted modest gains, according to CoinDesk Research’s

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Figment, OpenTrade and Crypto.com offer stable 15% yield product for institutions

Figment, a leading staking infrastructure provider with $18 billion in assets at stake, is partnering with OpenTrade and Crypto.com to offer a new yield product aimed at institutional investors seeking returns on stablecoins. The product offers annual returns of approximately 15%, based on past performance, by staking Solana GROUND$141.61 and use perpetual futures contracts to

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Even prediction markets didn’t see the BTC selloff coming

Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Bitcoin’s fall in the 90s forced prediction markets to

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ICP Falls as Breakdown Below $5.00 Extends Multi-Session Weakness

ICP fell to $4.8119 over the past 24 hours, down 5.57%, as the token extended its retracement from last week’s highs. The move pushed ICP firmly below the $5.00 threshold, a level that has repeatedly served as a pivot over the past few months, according to CoinDesk Research’s technical analysis data model. The decline extended

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HBAR fell 2.5% to $0.1480, breaking key support amid rising volumes

HBAR fell sharply on Tuesday, sliding 2.5% from $0.1518 to $0.1480 after falling below a key support level that triggered a wave of further selling. The move follows a spike in trading activity late on November 16, when 168.9 million tokens changed hands – a 94% jump above average – signaling strong institutional distribution. Short-term

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Degen Gambler liquidated for $168 million after shorting crypto bottom

A degenerate gambler who previously deposited hundreds of thousands of dollars into crypto casinos Stake and Roobet was liquidated on HyperLiquid over the weekend, losing $5.5 million after a short sale before Sunday’s rebound with a series of leveraged positions worth $168 million. Trader Short Sold Bitcoin BTC$91,965.49, XRP$2.1681 and zcash ZEC$631.93as well as smaller

Degen Gambler liquidated for $168 million after shorting crypto bottom Read More »

Company closes, citing ‘financially unsustainable’ market

DappRadar, a platform once widely used for tracking decentralized applications, announced via its X account on Monday that it was shutting down. Launched in 2018, the platform has become one of the most important analytics hubs for on-chain activity, reporting on everything from NFT markets to DeFi flows across dozens of blockchains. The team shared

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Cboe to Launch Bitcoin (BTC) and Ether (ETH) Perpetual Crypto Futures on December 15

Cboe Global Markets will launch Bitcoin BTC$91,679.64 and ether ETH$2,996.51 “continuous futures” on December 15, making it the first U.S. exchange to offer crypto derivatives designed to function like perpetual futures. The new contracts – Bitcoin Continu Futures (PBT) and Ether Continu Futures (PET) – will be listed on the Cboe Futures Exchange and are

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