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Outage Sends Ripple-Linked Token Toward $2.20 Defense Zone

Le XRP a fortement chuté mercredi alors que les vendeurs ont dépassé les zones de support clés, déclenchant une liquidation généralisée sur les bourses tandis que les flux institutionnels ont entraîné l’activité commerciale la plus importante depuis plus d’une semaine. News context XRP fell 7.5% over 24 hours from $2.40 to $2.22 amid a broad […]

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Drops to $3,331 as Whales Buy $1.37 Billion During Outage

According to CoinDesk Research’s technical analysis data model, ether ETH$3,359.05 fell 3.3% to $3,331 over the past 24 hours, falling below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-month chart (CoinDesk data) The decline erased recent gains as sellers overwhelmed buyers at crucial price levels. ETH displayed a lower-high pattern,

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US listing soon, but DOGE technicals paint a bearish picture for now

Dogecoin slipped for a second straight session as strong whale distribution and technical weakness overshadowed optimism surrounding Bitwise’s planned launch of the DOGE ETF within 20 days. News context Bitwise Asset Management has confirmed that its Dogecoin spot ETF could launch within 20 days under the Section 8(a) automatic approval rule, pending any intervention from

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New Liquidity Inflows Have Dry Up: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$102,023.33 continues to decline around $103,000, struggling to extend Wednesday’s rally below $100,000. The CoinDesk 20 Index is up 2% in 24 hours, alongside gains of 18% for ZEC, ICP and QNT. The crypto market currently resembles a game of musical chairs: liquidity flows from

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Central Bank of Ireland fines Coinbase $24.6 million for anti-money laundering failures

The Central Bank of Ireland has fined Coinbase Europe €21.4 million ($24.6 million) for breaching its anti-money laundering (AML) and counter-terrorist financing obligations between 2021 and 2025, the bank announced in a press release on Thursday. Coinbase Europe was fined due to flaws in the configuration of its transaction monitoring system, which resulted in poor

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Hadron from Tether and Bitfinex Securities to tokenize KraneShares ETFs

USDT USDT$0.9997 Hadron, the tokenization arm of issuer Tether, is partnering with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies announced in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and create the necessary systems for them to be traded on regulated digital

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“Extremely Bearish:” Is Bitcoin’s New Price Target $91,000?

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 was hovering around $101,000 at the start of

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Tenerife Council to sell Bitcoin purchased in 2012 after price rises almost 10,000%

More than a decade after purchasing 97 bitcoins for €10,000 (around $11,500) as part of a research project, Tenerife City Hall is preparing to sell the cryptocurrency for nearly €10 million. BTC was purchased in 2012 by the Instituto Tecnológico y de Energías Renovables (ITER), a public technology center focused on research into renewable energy

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Ethereum is like a shark. If he stops moving he will die

Fusaka’s upgrade to Ethereum, expected to go live in early December, promises to bring the world’s second-most valuable blockchain into an era of institutional-level adoption. For too long, Ethereum has been too slow and too expensive to attract meaningful activity to Wall Street. This could change as Fusaka implements major improvements in the way the

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