Bitdeer Ramps Up Self-Mining Capacity, Ships 1.6 EH/s of SEALMINER A2s in May
Bitcoin BTC mining firm Bitdeer (BTDR) increased its self-mining capacity and expanded its international operations in May, according to the company’s monthly update. The Singapore-based firm mined 196 BTC last month — up 18% from April — as it pushed forward the deployment of its SEALMINER A2 rigs across...
Read More
Filecoin Rises 3.6% After Establishing Support Zone Around $2.68
Filecoin FIL has established a higher trading range amid significant market volatility, with multiple price bounces confirming support levels around $2.68-$2.69, according to CoinDesk Research’s technical analysis model. The token is currently 3.6% higher over 24 hours, trading around $2.755. The price action comes as ether ETH whales return...
Read More
TON Slides as Sell-Off Triggers Spike in Volume With Potential Bearish Pressure Signal
TON, the Telegram-linked cryptocurrency, saw a short-term bearish-to-bullish reversal pattern in recent trading, finding key support at $3.25 after significant selling pressure triggered a volume spike of over 152K in a single hour, according to CoinDesk Research’s technical analysis model. The CoinDesk 20 — an index of the top...
Read More
BNB Pushes Higher Despite Market Turbulence, Testing Resistance Near $674
Binance’s BNB token moved higher in the last 24 hours, defying broad market unease driven by geopolitical and economic crosswinds. The coin gained 1.75%, rising from $659.72 to $670.91, as investors monitored resistance levels near $674 for signs of a breakout. The token’s performance comes amid the backdrop of...
Read More
Why the Market Needs a Rules-Based Benchmark for Centralised Exchanges
Despite billions flowing through centralised exchanges daily, there remains no consistent way to evaluate their underlying operational quality. Surface-level metrics dominate, and transparency varies widely. CoinDesk’s Exchange Benchmark report addresses this gap by offering a structured, independently verified framework to assess counterparty risk. The April 2025 edition of the...
Read More
AVAX Adds 4% as $22 Support Zone Holds
Avalanche’s AVAX AVAX token has established strong support around the $22 level, successfully defending against multiple downward tests, according to CoinDesk Research’s technical analysis model. AVAX is up 4% in the last 24 hours, outperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization,...
Read More
Sweden’s H100 Group Rallies Another 30% After Raising $10M for Bitcoin Treasury Strategy
Sweden-based H100 Group, a publicly-traded health and longevity company that recently adopted a bitcoin BTC strategy, said it has raised $10.5 million (SEK 101 million) from a group of crypto-focused investors including Blockstream CEO Adam Back, UTXO Management, and several family offices. According to a Wednesday press release, the...
Read More
Paul Tudor Jones Says Bitcoin Should Be in Every Portfolio as U.S. Debt Mounts
Billionaire investor Paul Tudor Jones says bitcoin isn’t just a speculative asset — it’s a necessity in the current economic environment. In a Bloomberg TV interview, Jones argued that the U.S. is stuck in a “debt trap” and that policymakers will likely keep real interest rates below inflation to...
Read More
Sam Altman’s World Chain Adds Native USDC Stablecoin and Circle’s Cross-Chain Service
World Chain, the blockchain of Sam Altman-backed World Network, is now host to natively minted USDC, the stablecoin issued by recently listed crypto firm Circle (CRCL), the companies said on Wednesday. World Network also joined Circle’s Cross-Chain Transfer Protocol (CCTP V2), allowing holders to move USDC across a range...
Read More
Bitcoin Holder GameStop Gets an ETF From Bitwise
Bitwise Asset Management is tapping into the fervor surrounding GameStop’s (GME) bitcoin pivot with the launch of a new exchange-traded fund designed to offer exposure to GME and income. Dubbed the Bitwise GME Option Income Strategy ETF (IGME), the fund will apply a covered call strategy to both provide...
Read More