Glassnode data shows that bitcoin’s “death cross,” a technical analysis term that may indicate a bearish signal, is imminent, but with a catch. The 50-day moving average for bitcoin at $110,669 is now on the verge of slipping below the 200-day moving average at $110,459, potentially triggering the death cross. This crossover is widely viewed…
Today in crypto, Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, a crypto executive weighs in on investor outlook beyond Bitcoin and Ethereum. Meanwhile, Steak ‘n Shake announces expansion into El Salvador. Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report The Scaramucci family has invested…
The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs) collectively bled $869.86 million Thursday, registering their second-highest outflow on record, according to data source SoSoValue. Investors have pulled out $2.64 billion over three weeks, signaling growing caution and shifting sentiment in the market. Thursday’s outflow coincided with Bitcoin’s fall below the key $100,000 support level and…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. It’s unusual to see ether ETH$3,147.47, the world’s second-largest cryptocurrency by market cap, showing relative strength against market leader bitcoin on a day when the market is under pressure. Today is exactly that rare instance. While bitcoin BTC$95,340.23 has slipped…
Bitcoin miner American Bitcoin (ABTC) reported a third-quarter profit and said revenue more than doubled from the year-earlier period as it expanded its mining capacity and completed its first full quarter as a publicly traded company. Net income at the Miami-based company 20% owned by Donald Trump Jr. and Eric Trump rose to $3.47 million,…
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum. News Background The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend, with sentiment pinned in the fear zone as volatility spikes…
Both major meme-assets traded through high-velocity volatility windows, with Dogecoin rebounding sharply from a heavy-volume flush while Shiba Inu broke key support before staging an aggressive intraday reversal. News Background Broader crypto markets continued their risk-off rotation as sentiment remained pressured by AI-bubble concerns, $800M in Bitcoin ETF outflows, and tightening liquidity across speculative assets….
BitMine Immerision (BMNR), the largest corporate holder of ether ETH$3,202.82, said on Friday it has appointed Chi Tsang as its new chief executive officer, succeeding Jonathan Bates, who led the company from its early days through its listing on the NYSE American. Shares are lower by 3.4% premarket alongside a continuing slide in crypto in…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3051.08, down 2.6% (-80.64) since 4 p.m. ET on Thursday. Three of 20 assets are trading higher. Leaders: DOT (+1.2%) and APT (+1.0%). Laggards: AAVE (-7.8%) and UNI (-5.5%)….
Stablecoin giant Tether is in discussions to lead a €1 billion ($1.16 billion) funding round for Neura Robotics, a German start-up developing AI-powered humanoid robots. The potential deal would value Neura between €8 billion and €10 billion, the Financial Times reported, citing sources familiar with the talks. If finalized, the investment would represent a sharp…
