Litecoin price hits ceiling at $130, key support now in focus
Litecoin surged 9.66% in an impressive breakout but has since faced rejection at a key high time frame resistance. The move now sets up a potential range-bound structure between support and resistance. Following its recent rally, Litecoin (LTC) has hit…...
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Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher
A modestly hot name since obtaining a U.S. listing on the Nasdaq a few months back, Galaxy Digital (GLXY) is seeing some selling after posting second quarter earnings on Tuesday morning. Global Markets revenue rose 28% quarter-over-quarter to $55.4 million despite a 22% decline in trading volumes, as Galaxy...
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Worried About Timing the Bitcoin Market? A ‘Lookback Call’ Might Be the Answer
Imagine you’re a bitcoin (BTC) bull, confident prices will rally, but anticipating a pullback first. Like many people, however, you are not adept at perfectly timing such market entries and feel you may miss the optimal moment to load up on bullish exposure. For traders facing this common predicament,...
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U.S. CFTC Considers Allowing Spot Crypto Trading on Registered Futures Exchanges
The U.S. Commodity Futures Trading Commission (CFTC) said it is looking to allow the trading of spot crypto contracts on registered exchanges and is seeking input from stakeholders as it looks to implement President Donald Trump’s crypto ambitions. The agency wants stakeholders to work with it to provide regulatory...
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Retail XRP Holders Can Now Tap DeFi on Flare, No Seed Phrase Needed
Flare Network has introduced Luminite, a non-custodial, seedless wallet designed to make decentralized finance (DeFi) accessible to XRP (XRP) holders as part of a broader push to give smart contract functionality to assets that historically lacked it. “By removing complex barriers of entry, we’re enabling anyone – from first-time...
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Solana’s Jito Proposes Routing 100% of Block Engine Fees to DAO Treasury
Jito Labs proposed a new governance proposal on Tuesday, called JIP-24, aimed at decentralizing the network further by routing all its Block Engine and Block Assembly Marketplace (BAM) fees directly to the Jito DAO treasury. If approved, the DAO would assume control over protocol revenue streams, directing them to...
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FinCEN Warns Financial Institutions of Crypto Kiosk Scams
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to watch for suspicious activity tied to crypto kiosks.d These convertible virtual currency (CVC) kiosks, which allow users to access and transact in cryptocurrency, offer consumers a simple way to buy crypto, the money...
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CoinDesk 20 Performance Update: AAVE Declines 2.1% as Index Trades Lower
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 3823.76, down 0.2% (-7.53) since 4 p.m. ET on Monday. Eight of 20 assets are trading higher. Leaders: POL (+6.4%) and LTC (+4.6%)....
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Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark
Semler Scientific (SMLR) is trading just above the market value of its bitcoin holdings, with a market NAV (mNAV) of 1.04, highlighting what broker Benchmark calls a significant valuation disconnect. Markets, argued analyst Mark Palmer following the company’s second quarter earnings yesterday, are giving “virtually no credit for [Semler’s]...
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Nasdaq, S&P 500 eye gains as stocks rebound
Wall Street opened higher on Tuesday as stocks looked to extend the positive start to the week, with earnings in focus as investors continued to monitor the macroeconomic environment. The S&P 500 had added 0.1% and Nasdaq Composite was edging…...
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