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...
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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...
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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,...
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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...
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ETH Futures Open Interest Hits New ATH, Exceeding $41B

Ethereum (ETH) isn’t just climbing price-wise; it’s also positioning itself as the centerpiece of a massive derivatives play, with data from CoinGlass showing ETH futures open interest (OI) has surged to a historic high, going past $41 billion. This milestone coincided with Ethereum breaking key resistance levels and significantly...
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