By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) and the wider cryptocurrency market recovered from overnight lows, with monero (XMR), XRP and SUI leading the bounce ahead of the pivotal U.S. nonfarm payrolls report, which is expected to show
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC broader outlook is constructive, but its short-term prospects remain bleak, according to technical analysis. The leading cryptocurrency by market value has bounced back to nearly
UK financial regulator the Financial Conduct Authority (FCA) said it will allow consumers access to crypto exchange traded notes (cETNs), as the watchdog aims at growing digital assets in Britain. The move means cETNs could be sold to individual consumers rather than
Global markets are navigating heightened uncertainty following a public spat between U.S. President Donald Trump and Tesla CEO Elon Musk. NEAR Protocol has demonstrated resilience amid this volatility, recovering from a sharp 5.2% decline to establish support at $2.42. The recent price
The cryptocurrency market continues navigating choppy waters as tensions between U.S. President Donald Trump and Tesla CEO Elon Musk increase. ATOM established crucial support around $4.25 after experiencing a 4.7% decline, with significant buying demand suggesting potential recovery. This price action comes
Metaplanet, the Tokyo-listed firm now positioning itself as a bitcoin BTC-focused treasury company, has launched a $5.3 billion plan to buy more BTC by issuing 555 million shares through stock acquisition rights. The deal, Metaplanet says, is the largest-ever issuance of stock
Price Action Solana (SOL) faced intense selling pressure over the past 24 hours, dropping 8.1% from $154.48 to $141.75 before recovering to stabilize near $147.40. The sell-off was largely driven by rising geopolitical tensions and global trade concerns, which spooked risk markets.
Yuga Labs CEO Greg Solano filed an Ape Improvement Proposal titled “Sunsetting the DAO and Launching ApeCo” in a pitch to wind down the two-year-old decentralized autonomous organization and pass its assets to a new entity to “supercharge the APE ecosystem.” Solano
Last month, CoinDesk discussed in detail how bond market activity is challenging the notion that the U.S. government is good for money, raising questions on the long-held “kayfabe” or illusion of fiscal stability. Now, billionaire tech entrepreneur Elon Musk has raised the
Cathie Wood’s ARK Invest bought nearly 4.5 million Circle (CRCL) shares on the stablecoin issuer’s first day of trading, a holding worth $373 million at the stock’s closing price. The St Petersburg, California-based investment manager was quick to add the USDC issuer