Cryptocurrency Analysis and News Portal
The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to put the new stablecoin law into effect.The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — the first major U.S. law to erect a regulatory system in the
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Stablecoin issuer Circle (CRCL) has acquired Malachite, the consensus engine that is set to underpin payments-focused blockchain Arc, from software development firm Informal Systems, according to a Monday press release.Several people from Informal Systems will join Circle as part of the acquisition. The firms didn't reveal details about pricing.The deal
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Stellar’s XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 to $0.41 in a 6% decline. Trading volumes during the 24-hour period topped $30 million, representing roughly 7% of daily turnover. The most notable liquidation event
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HBAR faced strong downward pressure in the last 24 hours, slipping 6.68% from $0.26 to $0.24, while trading activity surged past 109 million tokens—nearly double the daily average. The steepest drop occurred during overnight sessions, when sellers accelerated outflows and forced prices down at a pace far sharper than normal.
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Internet Computer Protocol (ICP) fell over the last 24 hours, losing 7% of its value. The token dropped to a low of $5.27, breaking through critical support levels and raising concerns about sustained institutional interest in the project, according to CoinDesk Research's technical analysis data model.Market data showed ICP falling
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Core Scientific (CORZ) reported weaker-than-expected revenue but topped adjusted EBITDA estimates in its second-quarter 2025 results. Yet the main focus remains its proposed merger with AI cloud provider CoreWeave (CRWV), which is set for a shareholder vote in the fourth quarter, investment bank Jefferies said in a research report Monday.At
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The Bitcoin network hashrate rose 4% in the first two weeks of the month to an average of 937 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Monday.The hashrate refers to the total combined computational power used to mine and process transactions on a
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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 4068.44, down 1.6% (-66.75) since 4 p.m. ET on Friday.Seven of 20 assets are trading higher.Leaders: LINK (+16.3%) and POL (+8.2%).Laggards: XLM (-4.3%) and BCH
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AI cloud platform Fluidstack has exercised its option to expand at TeraWulf's (WULF) Lake Mariner data center campus in Western New York.The expansion adds CB-5, a new purpose-built data center building providing an incremental 160 MW of critical IT load, with operations expected to commence in the second half of
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This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin remains susceptible to further downside, having lost over 7% since hitting record highs above $124,000 on Thursday.Bullish momentum fadingThe weekly chart (candlestick format) shows that BTC's ongoing decline follows repeated bull failure to secure a
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