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This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A momentum indicator, with a strong track record of forecasting major bitcoin (BTC) price moves, has flipped bullish, reinforcing analysts’ recent predictions of a rally to $150K–$200K. The technical analysis indicator is called the Moving Average Convergence Divergence (MACD) histogram, … Read more

Thailand’s Ministry of Finance is set to issue 5 billion baht ($150 million) of its digital investment token – the G-Token, to raise funds from the public, Finance Minister Pichai Chunhavajira said at a Tuesday briefing. This story was originally reported by Bloomberg. The announcement came after the cabinet endorsed the new token’s initiative and … Read more

Messaging app Telegram has closed thousands of channels belonging to suspected Chinese crypto-crime marketplaces after new research shed light on the situation, according to Elliptic. The closure follows a report published by the blockchain analytics firm on Tuesday into the fast-growing Telegram-based marketplace called Xinbi Guarantee. The Colorado-incorporated marketplace has processed over $8.4 billion worth … Read more

Global markets are navigating uncertain waters as trade tensions between major economies intensify, creating ripple effects across traditional and cryptocurrency markets. Against this backdrop, Solana has emerged as a standout performer, surging over 5% in a volatile 24-hour period and establishing new support above the crucial $180 level for the first time since February, according … Read more

By Omkar Godbole (All times ET unless indicated otherwise) Investors are still rotating money into altcoins, lifting valuations for ETH, RAY, ENA, MKR and other tokens while leaving bitcoin (BTC) little changed above $100,000. While the biggest cryptocurrency by market value is just 7% short of hitting a new high, its 30-day options-based implied or … Read more

Bitcoin (BTC) has changed a lot in four years, distancing itself from shady centralized entities like FTX and emerging as the plat du jour among institutional investors. However, this month’s drive back into six-figures amid cooling tariff tensions is presenting a number of warning signs that appear eerily similar to the 2021 cycle high. In … Read more

Standard Chartered (STAN) is now providing banking services for institutional prime broker FalconX. The San Mateo, California-headquartered broker will access a range of currency pairs, helping to enhance the speed and reliability of its cross-border settlement, FalconX said in an announcement on Wednesday. Prime brokers are an important cog in financial markets, providing financing, trading … Read more

Ethereum-based derivatives powerhouse Synthetix is considering buying options trading platform Derive in an token-for-token deal valued at $27 million that would see the project absorbed back into the protocol that gave it birth. The proposal, SIP-415 on Synthetix and DIP on Derive, needs to be approved by both communities and would see Derive’s treasury, codebase … Read more

Ether (ETH) and dogecoin (DOGE) led majors gains on Wednesday with a 9% jump in the past 24 hours, extending a bullish streak that’s seen both tokens gain double digits over the past week. The broader crypto market showed modest gains with total capitalization up 1.7%, per CoinGecko, with bitcoin (BTC) hovering around $103,700 in … Read more

Shares of stock and crypto trading platform eToro (ETOR) have debuted at $52 a share after the company hit the Nasdaq exchange on Tuesday evening. The company raised about $310 million from investors as it sold 6 million shares at a price of $52 a piece. The listing values the company at $4.2 billion. The … Read more