Month: June 2025

Bitcoin DeFi Project Elastos Debuts BTC-Backed Stablecoin BTCD

A Bitcoin-blockchain based decentralized finance (DeFi) project debuted a stablecoin fully backed by bitcoin BTC tokens as part of its effort to build a financial system centered on the largest and oldest cryptocurrency. Elastos, developer of the BeL2 protocol, unveiled its bitcoin dollar (BTCD) on Wednesday. The project aims...
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How the Next Wave of RWAs is Becoming Crypto’s Real Edge

In the search for stable, scalable yield on-chain, real world assets (RWAs) have become a cornerstone of digital asset strategies. Tokenized treasuries and private credit brought off-chain yield on-chain, delivering much-needed stability and quickly emerging as one of the strongest-performing segments in crypto. Top crypto categories by market cap...
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Why CoinDesk’s Top 50 Women in AI and Web3 List Points to a Unified Future

CoinDesk’s inaugural Top 50 Women in Web3 & AI list, launched in June 2025, celebrates innovators who are reshaping technology and finance. But the real story isn’t about women succeeding in isolation — it’s about how their achievements demonstrate the power of unified innovation across gender lines. It’s terrific...
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AVAX Stages Short-Term V-Shaped Recovery, Struggles to Maintain Momentum

Avalanche AVAX struggled to maintain short-term momentum, with trading patterns showing a descending channel formation despite attempts to stabilize around key support levels, according to CoinDesk Research technical analysis model. The token has fallen 1.4% in the last 24 hours to $18.43 while the CoinDesk 20 — an index...
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Polkadot’s DOT Drops as Much as 5% After Failed Breakout Triggers Selling Wave

Polkadot DOT encountered substantial selling pressure, dropping as much as 5% before rebounding and potentially forming a double bottom pattern that points to continued upward movement, according to CoinDesk Research’s technical analysis model. After initially attempting to establish an uptrend with a peak at $3.787, DOT encountered strong resistance...
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TON Drops 3.1% as Volatility Rocks Crypto Market

Toncoin TON is experiencing heightened volatility amid broader market turbulence, with significant selling pressure breaking through the $2.92 support level during peak trading hours, according to CoinDesk Research’s technical analysis model. Despite the sharp decline, buyers have emerged near the $2.87 level, forming what appears to be a potential...
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