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Polkadot's DOT encountered substantial bearish momentum over the last 24 hours, retreating from $3.76 to $3.56, or more than 5%, according to CoinDesk Research's technical analysis model.The model showed that DOT initially demonstrated resilience, achieving an intraday high of $3.87 on July 31, yet subsequently confronted relentless selling pressure accompanied
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Shares of US crypto companies fell sharply on Friday amid a broader sell-off in risk assets, driven by disappointing economic data and renewed tariff threats.Shares of Coinbase (COIN), Riot Platforms (RIOT) and CleanSpark (CLSK) dropped between 7% and 16% in Friday trading. The declines mirrored broader market weakness, with the
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With the passage of the GENIUS Act and growing momentum behind the CLARITY bills in Congress, regulatory clarity for digital assets is finally within reach—delivering the legal framework the crypto industry long demanded. But as that clarity arrives, are crypto incumbents the real winners?For years, the dominant narrative from the
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How did the police officer end up becoming a thief?
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Opinion by: Kevin Rusher, founder of RAACCrypto is a movement born from a cultural rejection of traditional finance, driven by the belief that transparency, decentralization and code can build a better financial system than the one that led to the 2008 financial crisis. Indeed, for many, the creation of Bitcoin
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Key points:Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness.BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze.Evidence of dip-buying emerges on major exchange Bitfinex.Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a
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The United Kingdom’s Financial Conduct Authority (FCA) has lifted the ban on retail access to cryptocurrency exchange-traded notes (cETNs).Companies in the UK will soon be able to offer retail consumers cETNs, with regulatory changes effective Oct. 8, according to an FCA announcement on Friday.The new development in the UK’s regulatory
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Shiba inu (SHIB) dropped sharply early Friday as President Donald Trump's new tariffs weighed on market leader bitcoin and strengthened the U.S. dollar. The price chart still offers bullish hints.SHIB crashed 6% in a brutal 24-hour selloff from July 31, 13:00 to August 1, 12:00, plummeting from $0.000013 to $0.000012.
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The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency.With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a
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