The native token of the BNB Chain, BNB, slipped slightly over the last 24-hour period, moving to $933 after briefly surging to $974, as broader crypto markets showed signs of stress tied to tightening financial conditions. The token’s price action played out in a narrow $46 range. Volume rose sharply during the morning’s move higher, […]
Melee, a new prediction market startup that says speculation and betting should be as open as online discussion, has raised $3.5 million from Variant, DBA and a group of angel investors to roll out what it calls “Viral Markets.” Crypto native companies have witnessed the runaway success of Polymarket, the digital asset betting platform that […]
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. Hyperliquid’s validator community has chosen Native Markets to issue USDH, ending […]
U.S. SEC Chair Paul Atkins said crypto’s time has come, pledging to modernize the U.S. securities rulebook and expand “Project Crypto” to bring markets on-chain. Speaking in Paris on Sept. 10 at the OECD’s inaugural Roundtable on Global Financial Markets, Atkins said the SEC is shifting away from enforcement-driven policymaking and will provide clear rules […]
Bitcoin (BTC) has bounced from early Asian-session lows near $108,760 to over $110,000, but the prospects of sustained recovery appear bleak as on-chain activity points to weak network adoption. “The price momentum is weakening with the RSI close to the oversold zone and a bearish MACD,” said Timothy Misir, head of research, BRN. “The Spot CVD […]
Welcome to CoinDesk’s weekly macro column, where analyst Omkar Godbole writes about his macro observations and analysis in the broader markets. The views expressed in this column aren’t investment advice.A major currency pair, which is barely considered volatile, is now rivaling notoriously explosive bitcoin’s price performance—unimaginable, right? Not anymore. In June, EUR/USD, the most liquid […]
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 […]
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, […]
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, […]
A U.S. judge has overturned the fraud and market manipulation convictions of Avraham Eisenberg, the crypto trader accused of draining $110 million from the now-defunct decentralized finance protocol Mango Markets. On Friday, U.S. District Judge Arun Subramanian ruled that prosecutors failed to prove Eisenberg made false representations to the platform. He also moved to acquit […]
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, […]
The ongoing U.S.-China trade war is likely to bring down inflation in the U.S. economy, key sections of the financial market indicate, offering bullish cues to risk assets, including bitcoin (BTC). In his inaugural address on Jan. 20, President Donald Trump promised to “tariff and tax foreign countries to enrich our citizens,” and then fired […]