BNB, the native token of BNB Chain and widely used for trading fee discounts on Binance, fell more than 2% in the last 24 hours amid increasing trading volume and slowing BNB Chain memecoin transactions. The token fell from $1,308 to a low of $1,255 earlier in the session, returning to $1,270, where it is […]
BNB Falls 2% as Memecoin Trades Happen Despite ‘Hard to Ignore’ Rally Read More »
SON$2.2717 fell as much as 7% in the last 24 hours, from $2.39 to $2.23, according to CoinDesk Research’s technical analysis model. The model showed that the token had a range of $0.19, which represents a volatility of 7.9%. Sellers dominated at the $2.41 resistance level as trading volume exploded to 5.92 million tokens traded,
Filecoin (FIL) Falls Up to 7% as Selling Pressure Intensifies Read More »
The native token of the Oracle Chainlink network LINK$9:75 p.m. encountered significant institutional selling pressure during the 24-hour trading session, falling to its lowest price in over a week. LINK fell 4% to a session low of $21.30, reversing more than 8% from Monday’s local high, according to CoinDesk data. This decline occurred alongside weakness
Token Falls 4% as Selling Pressure Increases Read More »
The governance token of major decentralized lending protocol Aave AAVE$271.53 faced significant selling pressure over the past 24 hours, briefly falling below the $270 level. The DeFi bluechip plunged 5% early in Thursday’s session, sliding nearly 10% from this week’s high. It recovered slightly later in the day during US hours, changing hands at around
Dips 5% Below Key Support Amid Crypto Weakness Read More »
Hedera Hashgraph’s HBAR token fell nearly 5% from $0.22 to $0.21 between October 8 and 9 as institutional caution intensified amid continued regulatory uncertainty. Volatility soared to 5.4%, with heavy sales between 1:00 a.m. and 8:00 a.m. on October 9, pushing volumes above 100 million units per hour. Analysts cited strong resistance at $0.22 and
HBAR Falls 5% as Government Shutdown Delays Critical ETF Approvals Read More »
Stellar’s XLM token extended its decline over the past day, sliding 5% from $0.39 to $0.38 between October 8 at 3:00 p.m. and October 9 at 2:00 p.m. The sell-off occurred against a backdrop of intense institutional activity, with volumes reaching 35.51 million – well above average levels – confirming strong pressure on distribution. The
XLM plunges 5% as key support levels collapse Read More »
Wall Street giant Citi (C) initiated coverage of crypto exchange OSL (0863) with a Buy/High Risk rating and a target price of 21.80 Hong Kong dollars ($2.80), which is 22 times the projected 2025 sale price. Citi said OSL is well positioned as a regulated digital asset trading and payments platform, with strong growth prospects
Wall Street Bank Citi (C) sees OSL as best bet in Hong Kong crypto sector Read More »
An attempt at Bitcoin BTC$121,439.03 the return to a record high was quickly snuffed out and reversed during Thursday’s morning U.S. action. Trading just below $124,000 just before the stock market opened, bitcoin fell back below $121,000 about ninety minutes later. The action occurred alongside pullbacks in the previously red-hot gold and silver markets. Gold
A new disk will have to wait Read More »
In today’s “Crypto for Advisors” newsletter, Joshua De Vos, head of the research team at CoinDesk, details crypto trends and adoption from CoinDesk’s quarterly digital assets report. Next, Kim Klemballa answers what advisors need to know about “Ask an Expert” crypto. Thanks to our newsletter sponsor this week, Grayscale. For financial advisors near Denver, Grayscale
Q3 Digital Asset Quarterly Review Read More »
Wall Street broker Benchmark remains bullish on Strategy (MSTR) despite the stock’s recent struggles, arguing that its bitcoin-linked perpetual preferred shares give it something no other digital asset treasury can match: permanent capital. The broker reaffirmed its strategy Buy rating and $705 price target in Thursday’s report. The stock was down 2% in early trading,
Strategy (MSTR) is a game changer for fixed income Read More »
