Although Bitcoin (BTC) has recorded slight gains over the past month – up 3.6% in the last 30 days – the leading cryptocurrency is experiencing a lack of Apparent Demand, indicating broader market weakness that could lead to a price slump in the near term. Bitcoin Apparent Demand Enters Negative Territory According to a recent…
Germany’s largest savings bank financial group, known as the Sparkassen-Finanzgruppe, have announced their plan to offer Bitcoin and other crypto trading services to private customers. The move comes after years of hesitation over digital assets risk and volatility. “We should offer customers the opportunity to trade cryptocurrencies at the Sparkassen as well,” said Matthias Dießl,…
Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week. Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin’s nearly three-month rally may be losing steam as buying pressure weakens and more traders start taking profits, crypto analysts say. “For…
Dubai, United Arab Emirates, July 1st, 2025, Chainwire Decentralized AI Framework Gains Recognition for Expanding Access to Compute Power. The digital economy has witnessed transformative platforms that fundamentally changed resource sharing: Grab revolutionized transportation, Airbnb transformed hospitality, and Shein disrupted supply chains. Now, a Vietnamese technology company is redefining the next frontier-computational power sharing itself….
Last Updated: June 30, 2025 at 9:29 p.m. ETFirst Published: June 30, 2025 at 1:08 p.m. ET Shares of Crocs Inc. are down more than 30% over the past 12 months, with its U.S. consumers and retailers continuingly worried about inflation and tariffs. During a conference this month, the clog and sandal maker’s chief executive said “almost…
Tech investors love to pay for potential. GameFi tokens, with sky-high valuations divorced from current user numbers or revenues, embody this optimism perfectly — as CoinDesk investigated in 2022, Decentraland’s then billion-dollar market cap didn’t quite match the number of active players on the platform. But, surprisingly, distributed compute tokens don’t seem to enjoy the…
On-chain data shows Dogecoin is the only cryptocurrency among the top 10 where investors are currently realizing more losses than profits. Dogecoin Investors Realized $124 Million In Loss Over The Last 24 Hours In a new post on X, the on-chain analytics firm Glassnode has shared how the major cryptocurrencies compare against each other in…
Ether (ETH) 3.5% in the past 24 hours to $2,519 as of 18:59 UTC on June 30, according to CoinDesk Research’s technical analysis model, supported by continued institutional demand, network upgrades, and major retail platform integrations. Institutional interest remains robust, with CoinShares reporting $429 million in net inflows into ether investment products over the past…
A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major liquidity traps, echoing patterns seen in past cycles. As the leading cryptocurrency aims for new all-time highs, the pundit suggests that market makers could be deliberately engineering conditions for bear traps before triggering a powerful…
Filecoin (FIL) experienced a dramatic 6.1% surge on June 29, jumping from $2.31 to $2.41 with exceptionally high trading volume, before encountering resistance and reverting lower, according to CoinDesk Research’s technical analysis model. The model showed that high-volume resistance has been established at the $2.41 leveI. Horizontal support zone has formed around $2.27-$2.28 where buyers…
