Cryptocurrency Analysis and News Portal
Bitcoin broke out of its recent very tight trading range during U.S. Wednesday afternoon hours, threatening to topple its May record of $112,000.The largest crypto briefly notched a new record in U.S. dollar terms on some exchanges including Binance, Coinbase and Bitstamp, before retreating towards $111,000. However, price data
Read More
Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin and ether in ETF markets.The Solana REX-Osprey SOL + Staking ETF (SSK), which launched July 2,
Read More
Monad Foundation, the organization behind high-speed layer-1 blockchain Monad, is acquiring stablecoin infrastructure platform Portal Labs in an effort to scale up blockchain-based payments.Monad said the acquisition will accelerate its push into the stablecoin space and improve tools available for developers and fintechs building with digital dollars. Monad is a
Read More
Bitcoin surged to $109,343 on July 9, up 0.8% over the prior 24 hours, according to CoinDesk Research's technical analysis model. In a Truth Social post at 10:00 a.m. ET, Trump declared that the U.S. federal funds rate is “at least 3 points too high,” referring to a 300 basis
Read More
Cronos (CRO), the native token of the Crypto.com blockchain, surged nearly 18% to $0.095 Wednesday following news that it could be included in a new exchange-traded fund (ETF) backed by Trump Media & Technology Group.The proposed ETF, which is awaiting approval from the U.S. Securities and Exchange Commission, would track
Read More
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter.In this issue:Vitalik Buterin's New Proposal Seeks 16.7M Gas Cap on Ethereum to Rein In Transaction BloatJack Dorsey Unveils Bitchat: Offline, Encrypted Messaging Inspired by BitcoinVolkswagen ADMT
Read More
Crypto industry insiders including Ripple CEO Brad Garlinghouse outlined their hopes for how the Senate might seek to regulate digital assets markets in the U.S., while Senator Elizabeth Warren shared some of the top Democrat objections during a Wednesday hearing."For the last decade, the legal and regulatory uncertainty surrounding crypto
Read More
Dubai-based Emirates Airline unveiled plans to introduce cryptocurrency payments for its customers as part of a preliminary deal with digital asset exchange Crypto.com, the companies said Wednesday.The parties signed a Memorandum of Understanding (MoU) to explore integrating Crypto.com Pay into Emirates’ payment systems, with plans to roll out the feature
Read More
The journey of cryptocurrency trading constantly evolves and has been nothing short of revolutionary. Right from the start, the cryptocurrency landscape has been referred to as the “wild west” due to its nature of decentralisation and minimal oversight. However, now the space consists of increasingly sophisticated and regulated financial products
Read More
Internet Computer (ICP) advanced 2.98% over the past 24 hours to trade at $4.9487, breaking past the critical $4.90 resistance and forming a base for further upside toward the key psychological $5.00 level. The rally reflects not only strong technical momentum but also growing traction in the protocol’s ecosystem -
Read More