Shiba Inu Tanks 6% But ‘Inverted Hammer’ Offers Hope to Bulls
Shiba inu (SHIB) dropped sharply early Friday as President Donald Trump’s new tariffs weighed on market leader bitcoin and strengthened the U.S. dollar. The price chart still offers bullish hints. SHIB crashed 6% in a brutal 24-hour selloff from July 31, 13:00 to August 1, 12:00, plummeting from $0.000013...
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Shiba Inu Celebrates Its 5th Birthday With Burn Rate Spiking To 5,800%
Shiba Inu (CRYPTO: SHIB) marked its fifth anniversary with renewed bullish sentiment, as on-chain activity and burn data point to a potential breakout. Cryptocurrency Ticker Price 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001227 -10.5% Dogecoin (CRYPTO: DOGE) $0.2077 -10.2% Pepe (CRYPTO: PEPE) $0.00001058 -14% Trader Notes: Crypto trader Vegeta...
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Cardano Founder Hails ‘Most Advanced Stablecoin Ever Built’
Cardano founder Charles Hoskinson has intensified the ecosystem’s push into regulated, privacy-preserving digital dollars, declaring on July 31 that “Moneta’s USDM is becoming the most advanced stablecoin ever built.” The remark, posted on X, came in the wake of a multi-day workshop in Buenos Aires that he said was...
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Pepe Dollar ($PEPD) Presale Picks Up Pace as Ethereum (ETH) Hovers Over $3,600
[PRESS RELEASE – Covina, United States, August 1st, 2025] Within the Ethereum ecosystem, Pepe Dollar ($PEPD) has entered its presale phase. Described as a meme token with integrated utility and cultural references, $PEPD introduces a tokenomics structure intended for long-term application. Certain Ethereum wallet holders have initiated ETH transfers...
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Fed Holds Rates, Trump Strikes With New Tariffs as Bitcoin and Alts React: Your Weekly Crypto Recap
Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago. But before it, bitcoin’s price had recovered from last week’s plunge below $115,000 on Friday and had returned to its familiar...
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Did the IMF Just Formally Recognize Bitcoin? Here Are the Top Cryptos to Buy in August
Sometimes it takes only a few words to mark a major policy shift. For all the attention given to recent US crypto legislation, including the GENIUS Act and CLARITY Act, the International Monetary Fund and United Nations Statistical Commission may have done just as much for crypto adoption in...
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Crypto Price Analysis August-01: ETH, XRP, ADA, SOL, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Despite a serious attempt to reach $4,000, Ethereum failed to hit this key psychological target. Sellers returned at around $3,900 and pushed the price lower, which made this cryptocurrency close this week in red...
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Filecoin Drops Over 6%, Breaks Key Support at the $2.38 Level
Filecoin (FIL) displayed sharp volatility with a trading range of over 6% during the last 24-hours, according to CoinDesk Research’s technical analysis model. The token broke key support at the $2.38 level on high volume, the model showed. AI platform SingularityNET has chosen Filecoin for metadata storage through Lighthouse,...
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Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan
Bitcoin (BTC) miners enjoyed another strong month in July, with profitability reaching the highest level since the last halving event, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Bitcoin miners earned an average of $57,400 per EH/s in daily block reward revenue in July, up 4%...
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CoinDesk 20 Performance Update: Bitcoin (BTC) Price Drops 1.3% as All Assets Decline
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 3811.95, down 2.5% (-97.17) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-1.3%) and BCH...
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