Tag: News

A newly confirmed bearish shark harmonic pattern has formed on Bitcoin’s intraday chart, pointing to a potential retracement in the short term. With the value area high now under pressure and volume metrics signaling a lack of strong buyer commitment,…...

Pi Network price has been flat in June and is not participating in the ongoing crypto bull run.  Pi coin (PI) token was trading at $0.63 on Tuesday, June 10, where it has remained since May 31. It has dropped…...

Humayun Sheikh, CEO of Fetch.ai (CRYPTO: FET), dismissed the notion that AI agents forming collectives or decentralized autonomous organizations (DAOs) is imminent, labeling it an overhyped crypto narrative. In an interview with Benzinga, Sheikh argued that the concept of AI agents autonomously creating DAOs lacks a clear purpose and...

Decentralized finance (DeFi) firm Aave is arriving on Soneium, the Ethereum L2 blockchain linked to Japanese electronics giant Sony, the companies said on Tuesday. Decentralized finance, which shot to prominence during the so-called “DeFi summer” of 2020, is resurgent, amid a huge growth in stablecoins and crypto-backed lending. The...

The Open Network (TON) cryptocurrency has demonstrated strong momentum, rising 4.1% in the last 24 hours, according to CoinDesk Research’s technical analysis model. The price action formed a clear uptrend with higher lows and higher highs, breaking through key short-term resistance levels on high trading volume before consolidating near...

Cardano’s native token ADA ADA added 3% in the past 24 hours after Nasdaq said it expanded its crypto benchmark index from five to nine assets, adding ADA alongside XRP XRP, Solana SOL and Stellar XLM. ADA experienced significant price volatility overnight, establishing a 8.8% trading range between $0.66...

Cryptocurrency is too often viewed through the narrow lens of price. The dominant narrative surrounding Bitcoin, Ethereum, and the broader crypto market has become fixated on one idea: numbers go up. Did Bitcoin break $100,000? Did Ethereum double in a month? Is this altcoin going to the moon? Financial...

Avalanche’s token AVAX is demonstrating short-term strength, climbing from $20.91 to a peak of $22.47, which represents a 7.4% range, according to CoinDesk Research’s technical analysis model. The token then experienced a 1.65% correction. AVAX is up 4.2% in the last 24 hours. The CoinDesk 20 — an index...

Decentralized finance (DeFi) tokens UNI, AAVE and SKY all rose by more than 20% on optimistic comments from SEC Chair Paul Atkins at a Monday roundtable discussion about the sector. Atkins instructed the regulator to explore exemptions to let decentralized finance (DeFi) firms conduct operations without as many restrictions....

Global Macro Investor’s head of research Julien Bittel used a marathon X thread on 9 June to stitch together what he calls “The Everything Code”―a demographic-debt-liquidity feedback loop that he believes will catapult the digital-asset complex from today’s roughly $3.5 trillion capitalization to $100 trillion within a decade. Speaking...