Tag: News

TL;DR The crypto market crash this week wiped out billions of dollars as every digital asset plunged hard. However, DOGE managed to remain north of a key support line on the daily scale. This suggests an upcoming rally, according to analysts, and a potential surge by triple digits. The...

Ethereum (ETH) hit a new yearly low of $2,076 earlier today, further weakening sentiment around the second-largest cryptocurrency by market cap. If Ethereum falls below $2,000, it could trigger additional losses for investors. Ethereum Sentiment At A 12-Month Low According to data from CoinGecko, Ethereum has dropped roughly 28%...

[PRESS RELEASE – Denver, United States, March 1st, 2025] An increasing number of L1s and L2s are integrating Bitcoin into their ecosystems, showcasing user enthusiasm for Bitcoin’s adoption. Today, Bitlayer has taken decisive actions to connect a multichain ecosystem with a fully diluted valuation of tens of billions of...

Recent reports revealed that Ukraine’s lawmakers “remain debating” crypto tax rates amid the government’s push to legalize digital assets this year. An expert suggested that the upcoming bill could take longer than expected as the parliament considers lower taxation. Ukraine’s Crypto Legalization Could Take Until Next Year In a...

The Tron network’s stablecoin market is witnessing a clear leader. USDT has established itself as the primary asset for value transfers and trading. In fact, CryptoQuant’s latest analysis revealed the overwhelming dominance of USDT on the Tron network, which accounts for 98.5% of the total stablecoin supply. USDT’s Market...

The U.S. Securities and Exchange Commission has been busy over the past few weeks, hinting at a brighter future for crypto companies. PS: I’ll be in San Francisco next week for the American Banker Payment Forum. Say hello. You’re reading State of Crypto, a CoinDesk newsletter looking at the...

A developer from THORChain, known as Pluto, has announced his departure from the decentralized liquidity protocol following a contentious decision involving North Korean-linked transactions. The controversy emerged after a vote by the network’s validators to block these transactions was swiftly overturned, raising concerns about the platform’s governance and resilience...

Bitcoin has shown a continuation to its crash during the last 24 hours. Here’s what on-chain data says regarding whether a bottom is close or not. Bitcoin NVT Golden Cross Is Now In Oversold Territory As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin NVT...

U.S. President Donald Trump will host a crypto summit on March 7, the White House announced. White House Crypto and AI Czar David Sacks and Bo Hines, the executive director of a working group on digital assets, will run the meeting, though Trump will speak at the summit, a...

One month into Donald Trump‘s presidency, the cryptocurrency industry’s euphoria over anticipated deregulation is giving way to a sobering realization: meaningful change may take years, not weeks. At a Denarii Labs-hosted panel titled “Regulatory Crossfire: What’s Next for Crypto in 2025,” held at the Eth Denver summit, legal experts Jonathan...