Cryptocurrency Analysis and News Portal
Dogecoin (DOGE), the largest memecoin by market cap, dropped below a short-term uptrend line on Monday, signaling an end to the recovery from December lows and potentially the conclusion of a five-month rally.Since then, prices have dropped below the 38.2% Fibonacci retracement level of the run that started in August
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3796.28, up 3.3% (+120.73) since 4 p.m. ET on Monday.Seventeen of 20 assets are trading higher.Leaders: XRP (+6.6%) and XLM (+5.3%).Laggards: RENDER (-2.7%) and NEAR
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Ondo Finance, a tokenized real-world asset platform, is bringing its $185 million U.S. Treasury token to the enterprise-focused XRP Ledger network to expand the offering for institutions, the companies said Tuesday.The Ondo Short-Term US Government Treasuries (OUSG) token is backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and allows
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By Omkar Godbole (All times ET unless indicated otherwise)The crypto market is showing signs of stabilizing, with bitcoin recovering to $102,000 and positive signals from futures tied to the Nasdaq. Leading the recovery among major cryptocurrencies is XRP, up 11%, followed by SOL with a 7% increase. AI coins, hit
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Metaplanet (3350), the Japanese hotel investor, has announced the largest capital raise in Asian equity market history to buy bitcoin (BTC).Metaplanet has issued 21 million shares through 0% discount moving strike warrants, raising approximately 116 billion yen ($745 million). This allows holders to buy shares at an exercise price equal
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KuCoin has pled guilty to one count of operating an unlicensed money transmitting business and has agreed to pay penalties of over $297 million, the United States Attorney's Office for the Southern District of New York said in a release on Tuesday."KuCoin avoided implementing required anti-money laundering policies designed to
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Brad Garlinghouse, CEO of crypto company Ripple Labs, supports the idea of a U.S. digital asset reserve encompassing multiple tokens and not just bitcoin (BTC) or XRP."I own XRP, BTC, and ETH, among a handful of others – we live in a multichain world, and I’ve advocated for a level-playing
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Bitcoin (BTC) managed a minor bounce of its worst levels of the day, but the bitcoin mining stocks were unable to reverse any of their plunge as Chinese AI startup DeepSeek threw into question ideas that the miners had value as data center plays.The largest cryptocurrency was recently trading at
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Elon Musk, picked by President Donald Trump to lead the new Department of Government Efficiency, proposed using blockchain technology as part of the operation, Bloomberg reported.Musk suggested that using a digital ledger would be a cost-efficient way to track federal spending, secure data, make payments and manage buildings, according to
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