News with the tag "Markets"

AI-focused NEAR token halted its 10% rally on Thursday as traders began to take profits from a rally that was spurred by Bitwise's announcement that it is launching a NEAR exchange traded product (ETP) in Germany. "The NEAR Staking ETP on Xetra opens a new bridge to NEAR for institutions by providin...

Bitcoin is nearing a historically significant resistance level at $120,000. This multi-year trendline has capped price since 2021, making the coming wseeks pivotal for BTC’s long-term direction. Bitcoin’s ( BTC ) price is inching toward a major high time frame resistance level that has historically ...

BitcoinWorld Bitcoin’s Crucial Edge: Arthur Hayes Unveils Urgent Warnings on U.S. Bonds and Stablecoin Shifts In the ever-evolving world of finance, where traditional wisdom often clashes with innovative insights, one voice consistently cuts through the noise: Arthur Hayes, co-founder of the pioneer...

As bitcoin (BTC) hovers near a fresh all-time high, the Solana-based memecoin, BONK (BONK), is leading the major altcoin rally. The surge coincides with renewed optimism in risk assets following bitcoin's recovery above $110,000, which has triggered widespread gains across established cryptocurrenci...

The altcoin market took a backseat on Thursday as crypto majors bitcoin and ether attempted to rally to new highs. As billions of dollars worth of liquidity flowed into shorting bitcoin on the brink of record highs, altcoins like ATOM consolidated, finding support at the $4.20 level. Typically when ...

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. The newly launched REX-Ospre...

Tokenized equity offerings for OpenAI being offered to Robinhood users in Europe are not officially authorized by the company, the AI giant said in a social media post. "These 'OpenAI tokens' are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it,"...

Bitcoin came close to a return to $110,000 on Wednesday as major altcoins like Ethereum and Dogecoin put up larger gains.

Wow, the ETF hype sure didn’t last long

The Ether (ETH) price surged to $2,601 on July 2, capping a breakout that began after 16 hours of tight consolidation, according to CoinDesk Research's technical analysis model. The move coincided with growing institutional focus on Ethereum’s emerging role as a platform for tokenized financial prod...