Uniswap’s UNI UNI token is down 6.36% to $7.3864 over the past 24 hours, as traders absorbed another wave of geopolitical tension following an aggressive new message from President Donald Trump. The token had briefly recovered from a sharp overnight crash—bouncing 9.5% from $6.82 to over $8.40—but has since slipped again as risk sentiment deteriorated….
The cryptocurrency market is experiencing significant volatility due to Israel’s strikes on Iran. Avalanche AVAX has been particularly affected, undergoing a substantial 13% correction with high trading volume. Despite the sharp decline, buyers have established strong support in the $18.57-$18.70 range, with recent price action showing signs of stabilization and potential consolidation, according to CoinDesk…
Expectations of a more benign regulatory environment in the U.S. is leading to an increase in the number of crypto companies looking to go public and an uplift in venture capital (VC) funding, investment bank JPMorgan (JPM) said in a research report Wednesday. The GENIUS Act’s progress in the Senate has become a “key factor…
Telegram’s token TON dipped 8% in 24 hours, dropping from $3.20 to a low of $2.93 with significant selling pressure, according to CoinDesk research’s technical analysis model. TON was hit harder than other cryptocurrencies in the CoinDesk 20: the index (which includes the top 20 coins by market capitalization except for stablecoins, memecoins and stablecoins)…
According to CNBC’s Power Lunch, Galaxy Digital CEO Mike Novogratz thinks Bitcoin could climb all the way to $1 million per coin if big institutions keep piling in. The cryptocurrency hit a weekly peak of $110,290 on Tuesday. It slipped 4.5% to $104,300 by Thursday, but it’s still climbed 1.75% over the past seven days….
Brazilian fintech firm Meliuz (CASH3) plans to raise R180.08 million ($32.4 million) through an equity offering, according to a filing. The funding is earmarked specifically for the purchase of bitcoin, aligning with the company’s recent strategic shift to incorporate bitcoin into its balance sheet. The offering, priced at R7.06 ($1.27) per share, was about 5%…
The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Four of the five operators in our coverage reported record revenue and profits,” analysts Reginald Smith and Charles Pearce wrote. In aggregate, the miners earned…
The XRP price could be preparing for its biggest rally yet, as a crypto analyst now points to a potential breakout that could send this altcoin soaring. After weeks of stabilization and momentum building, XRP is now testing key resistance levels, with the daily timeframe hinting at a possible surge above $2.33. XRP Price Gears…
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 3027.78, down 4.4% (-137.85) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-2.2%) and XRP (-2.9%). Laggards: SUI (-8.2%) and NEAR…
Cardano co-founder Charles Hoskinson has floated the idea of converting $100 million worth of ADA tokens into bitcoin BTC and stablecoins. “We could take $100 million of ADA in the treasury, convert it to a blend of stablecoins incumbent in Cardano so USDM and USDA and convert some of it in bitcoin to prime bitcoin…
