Bitcoin price is stabilizing near channel support, and a developing three-drive pattern hints at a potential relief bounce if a market structure break confirms the setup. Summary Bitcoin remains within a large channel, trading near channel low support. A developing three-drive pattern suggests seller exhaustion and rising demand. A market structure break is required to
If you’ve ever wanted XRP exposure without managing wallets, private keys, or exchange accounts, Evernorth is built for that exact itch. It’s positioning itself as an XRP treasury company for institutions. This means it holds a large reserve of XRP and wraps that exposure in a familiar stock format. Why do people care about an
In a landmark deal for the digital assets sector, the crypto payments infrastructure provider Mesh has successfully closed a $75 million Series C funding round, catapulting the company to a coveted $1 billion valuation and achieving official unicorn status. This substantial capital infusion, led by premier venture firm Dragonfly and reported by The Block on
With a price tag of $87,867, bitcoin isn’t exactly shy about taking up space on the market cap leaderboard—still clocking in at a dominant $1.75 trillion. Meanwhile, its 24-hour trading volume surged to $40.97 billion, all while swinging in a tight intraday range between $87,180 and $88,763. But don’t let the narrow price band fool
Citrea Launches Mainnet, Bringing Lending, Trading, and USD Settlement to Bitcoin Citrea, a Bitcoin application platform backed by Founders Fund and Galaxy Ventures, announced today the launch of its mainnet, in hopes to unlock lending, trading, and other capital market activity directly on the Bitcoin network. Alongside the mainnet debut, Citrea introduced ctUSD, a U.S.
Neither buyers nor sellers are dominating on the market today, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) is almost unchanged since yesterday’s bar’s closure. On the hourly chart, the price of BTC is going down after a false breakout of the local resistance at $88,772. If a breakout of the local support occurs,
Tokenization is supposed to make markets faster and more accessible. But many onchain versions of real-world assets have fallen short of that promise, offering thin liquidity, slow settlement and prices that drift from reality, argues Yuki Yuminaga, co-founder and CEO of Tenbin Labs. His New York-based startup wants to change that by building institutional-grade tokenized
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 2682.58, down 0.3% (-7.53) since 4 p.m. ET on Monday. Three of 20 assets are trading higher. Leaders: BCH (+2.0%) and AAVE (+0.7%). Laggards: POL (-3.1%) and ICP (-3.0%).
Financial institutions may be returning to South Korea’s crypto market and privacy-focused blockchain project Miden is trying to get ahead of the curve. Miden has signed a strategic memorandum of understanding (MOU) with Korea Digital Asset (KODA), South Korea’s largest institutional digital-asset custodian, to collaborate on infrastructure and standards for regulated digital-asset adoption in the