Led by Executive Chairman Michael Saylor, Strategy (MSTR) added modestly to its bitcoin holdings last week. The company purchased 1,895 BTC for $180.3 million, or an average price of $95,167 each, according to a Monday morning SEC filing. The buys were funded via sales $128.5 million of common stock and $51.8 million of STRK preferred … Read more
Ethereum co-founder Vitalik Buterin is calling for a major simplification of the protocol, aiming to reduce its complexity to a level closer to Bitcoin’s while preserving its unique strengths in programmability and scalability. In a blog post published Saturday, Buterin argued that Ethereum’s growing technical sprawl — from its consensus mechanisms to its virtual machine … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The outlook for bitcoin (BTC) looks bullish even after the largest cryptocurrency pulled back to $95,000 from Friday’s highs above $98,000 and the total crypto market capitalization dropped under $3 trillion Among the signals, U.S.-listed spot bitcoin ETFs are rapidly absorbing supply. Last week, the 11 … Read more
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) weekend price movement has brought attention to the $88,800 support level, while XRP, the payments-focused cryptocurrency, seems close to confirming a bearish chart pattern known as the “death cross.” BTC fell 1.5% on Sunday (UTC), diving out of … Read more
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 2699.5, down 2.9% (-80.53) since 4 p.m. ET on Friday. Three of 20 assets are trading higher. Leaders: SUI (+0.7%) and LTC (+0.7%). Laggards: NEAR (-7.4%) and AVAX (-7.4%). … Read more
Bitcoin (BTC) slipped below $95,000 on Monday, with traders now eyeing a possible retreat to $90,000 or lower amid growing macro uncertainty and a shift in market focus to this week’s Federal Reserve meeting. The pullback follows a strong two-week rally, during which BTC briefly pushed past $98,000, drawing in retail interest and institutional flows. … Read more
Semler Scientific (SMLR) added to its bitcoin (BTC) holdings last week. The company acquired 167 BTC for $16.2 million, or an average price of about $97,000 each, according to a Monday morning SEC filing. The purchases appeared to be mostly or totally funded via sales of common stock, with the company disclosing it’s sold 1.166 … Read more
Chainlink is rolling out a new community rewards program to incentivize participation in its ecosystem, starting with a token distribution from decentralized data platform Space and Time (SXT). The program, called Chainlink Rewards, allows those projects based on the network to reward eligible Chainlink node operators and community members who help secure the network. Founded … Read more
Tether is about to enter the $25 billion crypto artificial intelligence sector, according to a post by its CEO Paolo Ardoino on X. Tether AI, according to Ardoino, is a “fully open-source AI runtime, capable of adapting and evolving on any hardware and device, no API keys, no central point of failure, fully modular and … Read more
Crypto traders aiming to profit from a volatility surge should watch the Binance-listed ether-bitcoin (ETH/BTC) ratio, which could soon experience wild swings, according to a key indicator called Bollinger Bands. Bollinger Bands are volatility bands placed two standard deviations above and below the 20-day simple moving average of an asset’s price. The so-called Bollinger band … Read more
