Bitcoin was hovering around $111,000 on Thursday afternoon Hong Kong time, stable after another volatile period as China’s latest trade retaliation against the United States reignited risk aversion in global markets. The broader crypto market has returned to caution mode, with total capitalization unchanged at around $3.8 trillion. Ether ETH$4,044.48 was trading near $4,000, BNB […]
This is daily analysis from CoinDesk analyst and certified market technician Omkar Godbole. Bitcoin BTC$111,136.94 The price recovery from Friday’s crash has been tepid at best, leaving prices dangerously close to the key support zone. The result here could pave the way for meaningful action. BTC rebounded to $116,000 after Friday’s sharp decline, during which
How far could prices fall below the support at $107,000 to $110,000? Read More »
Bitcoin price today: Struggling at $111,000 as trade tensions and risk aversion weigh
Bitcoin price today: Struggling at $111,000 as trade tensions and risk aversion weigh Read More »
On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on Ethereum – a “big finger” error on the blockchain that far exceeded the total circulating supply of US dollars of $2.4 trillion. “At 3:12 p.m. EST, Paxos mistakenly minted excess PYUSD as part of an internal transfer. Paxos
Digital asset selloff drives DOGE down 5%; offices see base forming as liquidation pressure shows first signs of exhaustion. News context DOGE followed the broader market sell-off triggered by new tariff rhetoric between the United States and China, sliding 5% from a high of $0.21 to settle at $0.20. President Trump’s proposed 100% tariff plan
Trading desk feeds suggest a bottom. Watch $0.214 Flip for Momentum Read More »
Volatility Shares, one of the most aggressive ETF issuers in crypto, has filed with US regulators to launch a suite of 5x leveraged exchange-traded funds tracking bitcoin. BTC$111,687.63ether ETH$4,030.81and XRP. The proposed products would amplify daily price movements fivefold, meaning they could turn a 2% change in the underlying asset into a 10% change in
Volatility Shares Files for 5x Leveraged Bitcoin, Ether and Ripple ETFs Read More »
While the recent wave of tokenized stocks has primarily targeted foreign users, a new platform called SoloTex aims to bring stock tokens to US retail traders in a compliant manner. Texture Capital, a US-based broker-dealer registered with the SEC and FINRA, said it has received regulatory approval to launch SoloTex, a retail trading platform that
SoloTex Brings Stock Tokens to US Retail Traders After FINRA Green Light Read More »
Bitcoin BTC$111,560.25 Mining company Bitdeer Technologies (BTDR) jumped as much as 30% on Wednesday after announcing new measures to accelerate its expansion into high-performance computing (HPC) and artificial intelligence (AI) infrastructure. The Singapore-based company said it will directly manage the development of its own AI data centers rather than relying on outside partners, starting with
Bitdeer (BTDR) Accelerates AI Pivot Read More »
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. QCP Capital says the market has moved beyond simple
QCP says global liquidity, not Fed cuts, is fueling the market Read More »
Cryptocurrency exchange Backpack said it is adding SEC-registered US stocks to its trading platform with Superstate, the blockchain finance startup led by Compound founder Robert Leshner. Announced Wednesday, the deal integrates Superstate’s Opening Bell platform into Backpack, allowing non-US users to trade tokenized shares of public companies online. With this addition, Backpack claimed the bragging
Superstate Expands Its SEC-Registered Stock Tokens with a Backpack Read More »
