According to CoinDesk Research’s technical analysis data model, ether ETH$3,856.66 advanced on heavier-than-usual trading, then slipped late after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below. Analyst comment Crypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem to invest in and […]
New comments from Solmate’s Marco Santori and two widely followed analysts put the focus on SOL’s $238 pivot and what would confirm higher prices. Marco Santori’s comments In an X thread, Santori, a former Kraken CLO, introduced Solmate, which he described as “brand new Solana infrastructure” for the UAE, adding that he will be CEO. […]
Crypto analyst and macroeconomist Alex Krüger thinks the market looks ugly enough to turn bullish. On Saturday, Krüger wrote on X, that “most crypto charts now look so broken and bearish that it’s bullish.” He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not […]
Ether (ETH) pushed into uncharted territory Sunday, clearing $4,900 on Coinbase at 5:40 p.m. UTC and surpassing its prior record of $4,867 set on Nov. 8, 2021. The five-year ETH-USD price chart from TradingView shows a clean, multi-year breakout: ETH has finally vaulted the 2021 high after a long consolidation, leaving no historical overhead levels […]
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 its trading day, bitcoin is trading above $104,500 […]
Bitcoin is making its way from trading desks to corporate treasuries, and by the end of the decade, it could be standard practice, according to one analyst. “Across all the different strategies and implementations, I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a […]