Artificial intelligence-linked cryptocurrencies extended their surge Monday after Nvidia CEO Jensen Huang laid out the company’s vision for the next phase of AI infrastructure during his keynote at Nvidia’s GTC developer conference. Among the big movers were AI-focused blockchain NEAR$1.5034, climbing more than 10% over the past 24 hours, reaching its strongest level since late […]
Already on a tear ahead of the war in Iran, Circle (CRCL) might be an unlikely beneficiary of the conflict. The stock rose 10% on Monday, outperforming other crypto-linked equities, with the shares now up by 86% over the past month, though they remain sharply lower since their peak post-IPO frenzy last summer. Japanese bank […]
Crypto markets were in rally mode on Thursday alongside sizable gains in stocks, a U.S. presidential pardon for Binance founder Changpeng Zhao, and ahead of tomorrow’s key reading on September inflation. In mid-afternoon U.S. trading, bitcoin BTC$109,538.70 was up 2.7% over the past 24 hours to $110,700, down a hair from the day’s high of […]
Stellar Lumens (XLM) climbed 3% over a 23-hour stretch ending October 6, rising from $0.40 to $0.41 as institutional trading surged above 71 million tokens. The move followed a technical rebound from $0.39, with traders driving demand during peak trading hours and supporting a steady rally through key resistance levels. XLM’s ability to hold above […]
With bitcoin BTC$112,156.69 stuck just above $110,000 and ether (ETH) consolidating after hitting fresh records, Solana SOL$209.96 has emerged as a standout performer in the crypto market recently. The token traded around $211 on Monday, up 33% from early August lows, making it one of the best performers in the CoinDesk 20 Index in the […]
Digital asset treasury (DAT) firms, seen as high-beta plays on crypto prices, sold off sharply on Friday as the August crypto rally showed signs of exhaustion. Strategy (MSTR) fell another 3% on Friday, extending its decline to 20% since July’s high and 33% from the November 2024 all-time high. The MSTR/IBIT ratio dropped to 5.43, […]
Bitcoin has mounted another attempt for a fresh all-time record climbing near $123,000, a four-week high during the Wednesday U.S. session. Two previous attempts, spiking to $122,300 on Monday and topping $123,000 on July 14, were met with heavy selling, knocking down prices intraday below $120,000 on both occasions. Ethereum’s ether (ETH) was also inching […]
Bitcoin’s rally to $120,000 this week has sparked a broader breakout across major crypto assets, with ether (ETH), Solana’s SOL, XRP, and dogecoin all posting high single-digit percentage gains. However, this time, price action isn’t just about momentum, as traders claim that market structure is evolving under the weight of institutional influence. “This isn’t a […]
After softly rising over the weekend, bitcoin slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at the […]
Gold exchange-traded funds (ETFs) have overtaken bitcoin ETFs in assets under management as investors shift toward the traditional safe-haven asset as BTC price tumbled more than 19% over the past three months, while the precious metal climbed 12.5%. Bitcoin ETFs, which saw significant inflows following their U.S. launch in January last year, have experienced major […]