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The cryptocurrency market is experiencing significant volatility due to Israel’s strikes on Iran. Avalanche has been particularly affected, undergoing a substantial 13% correction with high trading volume. Despite the sharp decline, buyers have established strong support in the $18.57-$18.70 range, with recent price action showing signs of stabilization and
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Telegram’s token dipped 8% in 24 hours, dropping from $3.20 to a low of $2.93 with significant selling pressure, according to CoinDesk research’s technical analysis model. TON was hit harder than other cryptocurrencies in the CoinDesk 20: the index (which includes the top 20 coins by market capitalization except
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The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday."Four of the five operators in our coverage reported record revenue and profits," analysts Reginald Smith and Charles Pearce wrote.In aggregate,
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JPMorgan (JPM) raised its price targets for a number of bitcoin mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday.The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot Platforms (RIOT)
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By Francisco Rodrigues(All times ET unless indicated otherwise)Cryptocurrencies slid as Israeli airstrikes on Iran's nuclear and missile sites roiled global sentiment and sent investors fleeing risk assets.The CoinDesk 20 Index (CD20), a measure of the broad crypto market, lost 6.1% over 24 hours, and bitcoin (BTC), seen by some as
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Anthony Pompliano, a digital assets influencer and podcast host, is set to become CEO of ProCapBTC, a new investment vehicle aiming to acquire large amounts of bitcoin , according to the Financial Times, which cited three people familiar with the talks. Under the proposed deal, ProCapBTC plans to raise $750
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Bitcoin's hort-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil pricesThe seven-day skew, which measures the relative richness of Deribit-listed BTC calls to puts, slid to -3.84%, the lowest since
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MANHATTAN — U.S. President Donald Trump again touted his crypto bona fides at a conference Thursday, telling an audience it was an "honor" to be considered a crypto president.Speaking in a 90-second recorded video at Coinbase's (COIN) State of Crypto Summit (no relation to the CoinDesk newsletter with the same
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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
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In today’s Crypto for Advisors, Gregory Mall, chief investment officer from Lionsoul Global, writes about bitcoin’s current rally, and how it historically has and could potentially impact altcoins.Then, Kevin Tam looks at crypto trends, 13-F filings and institutional adoption in Ask an Expert.– Sarah MortonBitcoin's Breakout — Is the Altcoin
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