AVAX Rebounds From Key Support After 6% Plunge
Avalanche AVAX found support after a substantial decline on the short-term, according to CoinDesk Research’s technical analysis model. The token is down 5.6% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins...
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NEAR Protocol Plunges 9% as Volatility Spikes Despite User Growth
The NEAR Protocol token is navigating through a period of heightened volatility, showing a clear downtrend with strong resistance at $2.730 and support emerging at $2.445. Recent price action indicates modest recovery from lows but remains below key resistance levels, suggesting continued bearish sentiment despite entering a slight consolidation...
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Crypto for Advisors: The Relationship Between Bitcoin and Altcoins
In today’s Crypto for Advisors, Gregory Mall, chief investment officer from Lionsoul Global, writes about bitcoin’s current rally, and how it historically has and could potentially impact altcoins. Then, Kevin Tam looks at crypto trends, 13-F filings and institutional adoption in Ask an Expert. – Sarah Morton Unknown block...
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TON Slips as Selling Pressure Mounts Despite Recovery Attempts
Telegram’s cryptocurrency TON, TON is experiencing significant downward pressure on the short-term, according to CoinDesk Research’s technical analysis model. The token saw a 4.67% intraday decline to as low as $3.15 on high volume (3.65 million), though recent price action shows modest recovery attempts from the lows with new...
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Singapore’s Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury
Singapore-based Trident Digital (TDTH) is looking to raise up to $500 million to build what it says will be one of the world’s first corporate treasuries centered around XRP. The listed tech firm, which on Nasdaq, said in a press release that the fundraise will support long-term XRP holdings,...
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Canadian Company Buys 10,000 HYPE as Hyperliquid Aims For New Highs
According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of the decentralized exchange Hyperliquid. At press time, the 10,000...
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Why South Africa May Leapfrog the World in Bitcoin Adoption: Interview With VALR CMO Ben Caselin
As the global crypto landscape matures, Africa is undoubtedly emerging as one of the hottest regions to watch – where regulatory clarity, grasroots adoption, and institutional interest are starting to covnerge. Positioning itself at the centr of this transformation, VALR is a Johannesburg-based exchange that’s now leading the continent...
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Bitcoin Price Rebounds as Trump Promises More Pro-Crypto Policies
After saying that it’s an honor to be called the first crypto President, Donald Trump promised that more favorable legislation is coming that will help the US dominate the future of the entire market. Bitcoin’s price posted a minor recovery after Trump’s statement started to circulate online, going from...
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Five altcoins to watch on Thursday and Friday: Memecoins and DeFi lead this week’s rally
Bitcoin rally is trickling into altcoins, and Defi tokens and memecoins are back in focus....
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GameStop’s $1.75b Bitcoin play sends shares into tailspin
After buying $513 million worth of Bitcoin in May, GameStop wants $1.75 billion more, and Wall Street isn’t happy. The stock fell over 15% as doubts linger over the company’s pivot from retailer to crypto whale. GameStop (GME) shares took…...
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