Analyst: Skip Bitcoin FOMO, Altcoins Offer Better Gains Now
Bitcoin (BTC) has sent the crypto community into delirium, hitting a new all-time high (ATH) of almost $119,000 after brief stops around $113,000 and $116,000. However, despite the excitement, prominent analyst CrediBULL Crypto has cautioned traders not to chase the rally blindly, suggesting that the real opportunity lies in...
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Robinhood Probed by Florida AG’s Office Over Allegedly ‘Deceptive’ Crypto Pricing Claims
Robinhood Crypto is under investigation in Florida for allegedly falsely advertising its platform as the least expensive way to buy crypto. In a Thursday press statement, Florida Attorney General James Uthmeier said his office has evidence to suggest that crypto traders actually pay more, on average, when using Robinhood...
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Grayscale Challenges SEC’s Delay of GDLC ETF Launch, Calls Stay Order Unlawful
Grayscale has pushed back against the U.S. Securities and Exchange Commission’s (SEC) decision to halt the launch of its large-cap crypto ETF, calling the agency’s stay order both unlawful and harmful to investors. The asset manager filed a letter with the SEC on Friday in response to the unexpected...
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Defi Tokens Are Soaring, Leaving Behind OG Coins Like LTC, BCH and XMR
Bitcoin’s surge to an all time high on Thursday evoked mixed reactions from altcoins, with some outperforming the largest cryptocurrency by market cap and others lagging behind. And that’s split along industry lines. Tokens associated with decentralized finance (DeFi) and those from layer-2 blockchains are outperforming as investors transition...
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Spot Bitcoin ETFs See $1B of Inflows as IBIT Becomes Fastest Fund to Hit $80B in Assets
The spot bitcoin exchange-traded funds (ETFs) raked in over $1 billion in inflows on Thursday, marking one of their strongest single-day totals since launch. The surge came as bitcoin broke a new all-time high above $118,000. Leading the pack was BlackRock’s iShares Bitcoin Trust (IBIT), which crossed $80 billion...
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CoinDesk 20 Performance Update: HBAR Surges 13.5% as All Assets Trade Higher
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 3513.86, up 5.3% (+176.17) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: HBAR (+13.5%) and ADA (+12.6%). Laggards:...
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Ethereum Foundation Sells 10,000 ETH to SharpLink in First-Such OTC Deal
The Ethereum Foundation has sold 10,000 ether (ETH) to SharpLink Gaming in an OTC deal worth $25.7 million, marking the first time a publicly listed company has directly acquired the token directly from the protocol’s core steward. The transaction was executed at an average price of $2,572.37 per ETH...
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Shiba Inu’s 18% Monthly Price Gain Signals Potential Double Bottom Rally
Shiba Inu’s (SHIB) month-to-date price rally seems to be setting the stage for a double bottom pattern, a major bullish setup. The joke cryptocurrency has risen 18% this month, its best performance since November, with prices gaining over 7% in the past 24 hours alone, according to CoinDesk data....
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PEPE Jumps 14% as Whales Pile In, Bitcoin Breaks $118K in Broad Crypto Rally
The price of PEPE (PEPE) shot up 14% over the last 24 hours, driven by large-scale buying and a broader rebound across the cryptocurrency space that saw bitcoin (BTC) top the $118,000 mark. The token surged from $0.000011141 to $0.000012812, adding fuel to a sector that thrives on online...
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BNB Climbs Toward $700 as $1B Token Burn and Corporate Treasury Plans Fuel Demand
BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve. Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved...
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