Tether’s dominance in the cryptocurrency market has risen sharply, reaching its highest level since April, underscoring the risk aversion in the broader crypto market. Tether is the world’s largest dollar-pegged stablecoin, trading at a market capitalization of $184 billion at press time. While the stablecoin is widely used to fund crypto purchases and for lending […]
Stellar faced selling pressure during Tuesday’s session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels. The breakdown accelerated at 14:00 when trading volume spiked to 76.24 million tokens—115% above the […]
The heat is rising on digital asset treasuries in the Far East. Japan Exchange Group (JPX), which operates the Tokyo Stock Exchange, is considering measures to curb the growth of listed companies that hoard digital tokens as treasury assets, according to Bloomberg. The bourse is exploring actions such as stricter enforcement of backdoor listing rules […]
Market Overview Solana SOL$153.61 faces renewed selling pressure as the token tumbles from $160.72 to $152.81, posting a 4.9% decline despite continued institutional support through exchange-traded fund products. The drop occurs on elevated volume running 17.25% above the seven-day average. Active repositioning dominates rather than passive drift. Selling intensifies following another scheduled token unlock from […]
The memecoin broke below the critical $0.1720 level on heavy volume as sellers dominated the U.S. session, testing the resilience of long-term technical support. News Background Dogecoin extended its decline Tuesday, tumbling 5.5% from $0.1831 to $0.1730 as bearish momentum accelerated across European trading hours. The sharp move unfolded within a $0.0121 range as price […]
Monday’s rebound in crypto markets quickly unwound on Tuesday with bitcoin BTC$103,337.35 slipping back below $104,000. After briefly topping $107,000 overnight, the largest cryptocurrency fell to $103,200 by U.S. morning hours. The drop erased the gains fueled by President Donald Trump’s “tariff dividend” plan and rising optimism the U.S. government shutdown is about to end. […]
DOGE broke above key $0.1815 resistance during Tuesday’s session as volume surged 96% above average before a late-session reversal erased most intraday gains. The move created a lower high formation that signals a potential short-term shift in momentum. News Background Dogecoin advanced 3.1% to $0.1824 in Tuesday’s trading, extending a multi-session recovery before encountering selling […]
Stellar’s XLM surged 3.62% to $0.3004 on Tuesday, breaking above key resistance as trading volume spiked nearly 19% above its 30-day average. The move outperformed the broader crypto market by 4.86%, pushing XLM closer to the 5% relative strength threshold that often marks the start of major breakout trends. Trading activity intensified during European hours, […]
XRP extended its breakout sequence Tuesday, surging 6.2% to $2.40 as institutional flows accelerated across major exchanges. The token broke decisively above the $2.35 resistance level on 169% above-average volume, marking its strongest single-session gain in over a week and establishing new cycle highs near $2.43 before consolidating. News Background Canary Capital, Bitwise, Franklin Templeton, […]
Cryptocurrency prices nudged higher after U.S. President Donald Trump said a direct tariff dividend of “at least” $2,000 will be paid out to most Americans. In a Truth Social post, Trump said the U.S. is generating “trillions of dollars” in tariffs and said the funds would both reduce the country’s $37 trillion national debt and […]
For years, South Korea was the global heartbeat of crypto speculation. It became the place where digital coins traded at a premium, and where retail investors moved markets overnight. The “Kimchi Premium” became shorthand for a national obsession: Rampant and frenetic trading activity unrivaled by any region across the globe. But by late 2025, the […]
This week saw the Second Circuit Court of Appeals hear arguments in Sam Bankman-Fried’s appeal of his criminal conviction. The three-judge panel appeared very skeptical of his attorney’s arguments. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative […]