Tag: Doge

Bitcoin rounded out an exceptionally strong 2024 (up 120% yoy) with a whimper, logging the first overbought “sell” signal on its weekly bar chart since mid-April according to the stochastic oscillator, which is an indicator of trend exhaustion. The signal suggests bitcoin will remain range-bound, at least in the...

Crypto markets had been on a nice bull run the the final quarter of 2024, but the trend of rising government bond yields across the globe appears to have become to strong to ignore. Considered the benchmark that sets the standard across the world, the U.S. 10-year Treasury yield...

Aethir’s decentralized Graphics Processing Units (GPUs) network began as a solution for cloud gaming, but co-founder Mark Rydon says the company is now focused on artificial intelligence — an industry where soaring demand for compute power is driving up GPU value and colliding with U.S.-China geopolitics. Aethir, founded in...

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 3430.34, down 1.1% (-39.46) since 4 p.m. ET on Tuesday. Two of 20 assets are trading higher. Leaders: XRP (+2.0%) and XLM (+1.7%)....

HyperLiquid, the layer-1 blockchain known for its derivatives exchange, has responded to criticism over an apparent lack of decentralization and issues around validators. The concerns were initially published by Kam Benbrik, an employee at ChorusOne which operates several nodes across different blockchains. Many of the issues stemmed from HyperLiquid...

Appchains are launching on Starknet, the layer-2 blockchain on Ethereum known for its embrace of zero-knowledge (ZK) cryptography. StarkWare, the primary developer of Starknet, shared the news on Wednesday, telling CoinDesk that its “SN Stack” will let developers easily build blockchains tailored to specific crypto use cases. StarkWare originally...

By Omkar Godbole (All times ET unless indicated otherwise) Just a day ago, I highlighted that the bias for protective puts in the S&P 500 options market are painting a cautious picture for risk assets. Fast forward to today, the tide has turned and risk assets, including BTC, are...

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) The bitcoin (BTC) development company MicroStrategy (MSTR) is one of the most volatile and traded equities on the market. Volatility within an equity can be beneficial as it allows for high-volume trading. Even though MicroStrategy has a...

This year is expected to be a game changer in terms of acceptance and adoption of bitcoin (BTC), the world’s largest cryptocurrency, Fidelity Digital Assets said in a research report Tuesday. “We anticipate more nation-states, central banks, sovereign wealth funds, and government treasuries will look to establish strategic positions...

An XRP exchange-traded fund (ETF) could soon become a reality as favorable U.S. crypto regulations bear well for local businesses, Ripple President Monica Long said in a Bloomberg interview on Tuesday. “I think we will see one very soon,” Long said. “I think that we will see more crypto...