Tag: Crypto

Bitcoin’s seasonal weakness in August has long puzzled traders. On-chain data, however, reveals a recurring driver in the form of miner sell pressure. Miner Pressure You Can’t Ignore Miners secure the Bitcoin network and earn revenue in BTC, yet their expenses, such as electricity, hardware, and cooling, are denominated...

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. XRP: Prints spinning bottom XRP (XRP) chalked out a “spinning bottom” candlestick pattern on Monday, which occurs when prices swing back and forth in a broad range, but end the day near the opening price....

Japanese cryptocurrency exchange Coincheck, whose Netherlands-based holding company listed the trading platform on the Nasdaq last year (CNCK), has acquired Aplo, a digital asset prime brokerage firm regulated in France by the Autorité des Marchés Financiers (AMF). The acquisition will help Coincheck, a popular exchange in Japan, expand into...

Chinese investors have borrowed a record amount to buy local stocks, offering risk-on cues to global markets, including cryptocurrencies. However, crypto traders still appear to be more cautious. According to Bloomberg, margin trades outstanding in China’s onshore equity market surged to 2.28 trillion yuan ($320 billion) on Monday, surpassing...

California Governor Gavin Newsom on Friday teased a new satirical memecoin called “Trump Corruption Coin,” part of what he described as a broad push to mock US President Donald Trump’s growing ties to the crypto scene. The governor made the remark during a high-profile appearance on the Pivot podcast...

Crypto exchanges Coinbase and OKX are closing in on Australia’s self-managed superannuation funds (SMSF), according to a Bloomberg report. The move will enable everyday Australians to add digital assets to their retirement fund and further increase the country’s pension funds’ crypto exposure. With cryptocurrencies getting more mainstream, this could...

WLFI trading debut boosts Trump family holdings to $6 billion, briefly making it their most valuable asset....

Ethena price trades near $0.67 after a strong rebound, but a $25M token unlock could challenge the rally despite rising fees and market activity....

El Salvador’s National Bitcoin (CRYPTO: BTC) Office teased on Monday a two-day state-backed cryptocurrency conference, BITCOIN HISTÓRICO, set to take place in November in the country’s capital, San Salvador. ‘World’s Leading Minds’ To Converge The National Bitcoin Office, an agency tasked by the El Salvador government to oversee all...

Japanese firm Metaplanet secured shareholder approval to raise approximately $884M through the issuance of up to 550M new shares overseas. The funds raised are primarily earmarked for expanding Metaplanet’s Bitcoin holdings, and are spearheaded in large part by Eric Trump, son of US President Donald Trump, and a Metaplanet...