Robinhood (HOOD) has introduced micro futures on bitcoin , solana and XRP in the United States., expanding its existing crypto futures offering for its nearly 26 million funded accounts. Micro contracts need far less collateral than full-size futures, letting traders take directional positions while committing a smaller slice of capital. The contracts offer traders more […]
The years-long legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) appears to have finally come to an end, after Ripple Labs CEO Brad Garlinghouse announced Friday that the company plans to drop its cross-appeal in the case. “Ripple is dropping our cross appeal, and the SEC is expected to drop their […]
Crypto exchange Coinbase (COIN) will start offering perpetual-style futures contracts in the U.S. on July 21, becoming one of the first regulated players to offer the globally popular product. The new vehicle, first available with bitcoin and ether , will trade on the Coinbase Derivatives Exchange, a CFTC-regulated venue. Unlike offshore perpetuals, which dominate global […]
Bitcoin’s double top prospects above $100,000 warrant caution, but a full-blown 2022-style crash looks unlikely unless an unexpected black swan hits, according to digital asset banking group Sygnum’s Head of Investment Research Katalin Tischhauser. “The crypto market is strongly sentiment-driven as fundamental valuations are challenging; therefore, technical analysis signals such as the double top warrant […]
A New York judge has rejected a joint request from the U.S. Securities and Exchange Commission (SEC) and Ripple Labs for her to approve a proposed settlement agreement that would slash Ripple’s civil penalty to $50 million and dissolve the permanent injunction against the firm. It is the proposed removal of the permanent injunction, and […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins the Thursday trading day, is changing hands above […]
Solana’s SOL token is trading at $144.04, down 0.62% in the past 24 hours, after briefly climbing as high as $147.73 earlier in the session, according to CoinDesk Research’s technical analysis model. The move came amid a spike in trading volume and fresh commentary from Syncracy Capital Co-Founder Ryan Watkins, who reaffirmed Solana’s long-term importance […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. After a tense weekend that saw the U.S. bomb an Iranian […]
Solana’s SOL token is trading at $145.47, up 7.63% in the past 24 hours, as traders responded to a breakout surge backed by strong futures activity. The rally gained traction after a sharp bounce from $133.55 to $144.10, supported by above-average trading volumes during the 17:00 and 22:00 hours, according to CoinDesk Research’s technical analysis […]
Ether (ETH) is trading at $2,420, up 8.61% over the past 24 hours, after surging sharply in the hours following former U.S. President Donald Trump’s unexpected announcement of a ceasefire agreement between Israel and Iran, according to CoinDesk Research’s technical analysis model. The move appears to have reversed recent war-driven market anxiety, fueling renewed bullish […]
Midnight Network, a privacy-focused blockchain leveraging zero-knowledge smart contracts, published its tokenomics paper and unveiled its ‘Glacier Drop’ airdrop mechanism in advance of claims for the native NIGHT token starting next month. The project said Glacier Drop is a novel process that allocates all NIGHT tokens to users across eight major blockchain ecosystems and rolls […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins the trading week, {{BTC}} is trading above $100,500 […]