Cryptocurrency Analysis and News Portal
U.S. lawmakers may actually get a crypto bill to the president's desk. The House is set to vote on market structure and stablecoin legislation next week, bringing the U.S. a vital step closer to drafting new rules for the industry.You’re reading State of Crypto, a CoinDesk newsletter looking at the
Read More
With bitcoin trading at a record high above $117,000, some of its largest institutional holders are sitting on massive gains — and show no sign of planning to cash out.Strategy (MSTR), the software company turned bitcoin holding giant, owns nearly 600,000 BTC, according to BitcoinTreasuries.Net data, and has made
Read More
This week, bitcoin hit a new all-time-high (above $118K) on the back of strong ETF flows and at least $280 million in new bitcoin treasury investments.Treasury projects are also cropping up for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink ETH treasury bought 10,000 ETH for that project, and Bitmine announced
Read More
Grayscale has pushed back against the U.S. Securities and Exchange Commission’s (SEC) decision to halt the launch of its large-cap crypto ETF, calling the agency’s stay order both unlawful and harmful to investors.The asset manager filed a letter with the SEC on Friday in response to the unexpected pause on
Read More
Bitcoin's surge to an all time high on Thursday evoked mixed reactions from altcoins, with some outperforming the largest cryptocurrency by market cap and others lagging behind. And that's split along industry lines.Tokens associated with decentralized finance (DeFi) and those from layer-2 blockchains are outperforming as investors transition to a
Read More
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE,
Read More
Aptos's APT gained as much as 9% in the last 24 hours as crypto markets surged higher.Strong support was established at $4.57 with high-volume confirmation during the bounce, according to CoinDesk Research's technical analysis model.Technical targets point to $5.20 from $4.57 base, the model showed, with resistance at the $5.03
Read More
Bitcoin's {{BTC}} climb to a record left crypto stocks with mixed reactions as some companies closely tied to the industry advanced while others fell.The largest cryptocurrency by market capitalization rose more than 4% on Thursday, closing in on $118,000. It was recently trading at $117,700, up 5.78% over 24 hours.Strategy
Read More
Bitcoin's (BTC) bull runs have evolved. Gone are the days of adrenaline-pumping rallies marked by wild price swings that kept traders awake night after night in fear of sudden whipsaws and liquidations of leveraged bets. Now, prices climb steadily, much like the boring bull runs in stock markets.For example, from
Read More
CoinDesk Analytics is CoinDesk's AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk's editorial team before publication. The tool synthesizes market data
Read More