Price

Bitcoin’s Support at $88.8K in Focus After Trendline Break; XRP Eyes Death Cross: Technical Analysis

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 …

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Chart of the Week: ’10x Money Multiplier’ for Bitcoin Could Take Wall Street by Storm

Adopting Michael Saylor’s strategy of buying for the balance sheet has clearly taken off among many publicly traded firms, substantially enriching their stock prices and shareholders. But what does it mean for the future of the bitcoin price? NYDIG …

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Gold Continues Correcting and That Might Be Good for Bitcoin

What may or may not have been a blow-off top last week in the price of gold appears to have benefitted bitcoin (BTC) and that trend could be set to continue. Already among the best-performing küresel assets in recent months, gold’s rally powered to …

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ATOM Surges More Than 4% With Broader Market as Cosmos Ecosystem Attracts Institutions

The Cosmos ecosystem is gaining significant institutional attention amid broader market volatility, with ATOM showing remarkable resilience after recovering from a drop to $4.23 on April 30th to stabilize above $4.38. The price of ATOM rose more …

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How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

There’s something that stands out about Monday’s suspicious transfer of more than 3,520 BTC ($330.7 million) to privacy coin monero (XMR), a conversion that blockchain sleuth ZachXBT said was probably linked to a hack: coordinated activity in the …

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Shiny New ZORA Token Loses Its Spark as Traders Remain Wary of VC-Backed Tokens

Zora’s much-hyped ZORA token launch was meant to be a celebration — a “fun” moment for its community, and a supposed triumph for the tokenization of content creators everywhere, with strong demand expected for the Coinbase Ventures-backed …

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Bitcoin Traders Eye Long Term BTC Accumulation by Selling Put Options

Would you offer insurance when expecting low odds of a claim being made? Most likely, you would, while pocketing the premium without a second thought. Bitcoin (BTC) traders are doing something similar in the Deribit-listed BTC options market, hinting …

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Strategy Stock Saw $180M in Failed Trades in March, Possible Short Squeeze Indicator

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR) Traders shorting Strategy (MSTR), the bitcoin buyer whose share price gained 13% in March, may be struggling to find enough stock to repay the lenders who underpinned their …

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Bitcoin Futures Open Interest Surge Shows Investor Confidence on Trade Deals, Powell

As bitcoin (BTC) and ether’s (ETH) recovery rally gathered momentum Tuesday, the perpetual futures market saw an even more pronounced increase in open interest, pointing to growing investor confidence as the Trump administration dialed back on its …

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AVAX Surges 10.7% as Bullish Breakout Signals Strong Momentum

Avalanche’s AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index(DLCS), has demonstrated …

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