Cryptocurrency Analysis and News Portal
Toncoin established strong support at $2.94-$2.96 before making a decisive move upward, demonstrating resilience even after a sharp pullback, according to CoinDesk research’s technical analysis model.The token is up 1.5% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market
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Binance Coin (BNB) climbed over the last 24 hours even as geopolitical tensions rattled the markets, driven by surging usage of the BNB Chain, which recorded more than 16 million transactions a day earlier this month.That transaction figure marks a massive jump when from the near 4 million transactions a
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In recent months, the federal Office of the Comptroller of the Currency (OCC) has signaled a more permissible regulatory stance towards national banks and federal savings associations (collectively, banks) engaging in crypto-asset activities. “I will continue to work diligently to ensure regulations are effective and not excessive, while maintaining a
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Tron, the blockchain founded by billionaire Justin Sun, is looking to go public in the U.S., the Financial Times reported on Monday.Tron will go public via a reverse merger with Nasdaq-listed SRM Entertainment, the report said, citing people familiar with the matter. The deal is being managed by Dominari Securities,
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By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin's continued choppy trading near January's highs of around $110,000 has some observers drawing parallels with 2021, when the bull market ended with twin peaks closer to $70,000. Not everyone agrees."The market dynamics between 2021 and today are completely different," Jeff
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Pakistan has taken a significant leap toward integrating digital assets into its economic roadmap by hosting bitcoin advocate Michael Saylor, Executive Chairman of Strategy (MSTR).In a high-profile meeting with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib, discussions centered around positioning bitcoin
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H100 Group (H100), a Swedish health-technology company, said it reached an agreement that could see Blockstream CEO Adam Back lend it as much as 750 million kronor ($79 million) to support its long-term bitcoin treasury strategy.Back signed up for an initial 150 million-krona tranche, known as Tranche 6, of
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This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.A key indicator suggests that bitcoin's price could soon become more volatile, possibly leading to the next leg higher in the cryptocurrency.This indicator is based on the gap between the bollinger bands, which are volatility
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Shiba inu's (SHIB) supply-side dynamics are screaming bullish, yet the second-largest joke cryptocurrency by market value trades under pressure.Early this week, SHIB's burn rate surged to over 112,000%, with more than 116 million coins transferred to wallets that cannot spend money. In other words, these coins were permanently taken out
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Bitcoin (BTC) is holding firm above $105,000 after recovering from a sharp downturn triggered by escalating tensions in the Middle East. The leading cryptocurrency dropped below $104,000 following Israel’s strike on Iran, but quickly regained lost ground, now trading at $105,590, up 0.15% in the past 24 hours.Bitcoin’s swift
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