Crypto News
CoinDesk 20 Performance Update: SOL Gains 10.8% as Nearly All Assets Trade Higher
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 2520.12, up 4.4% (+106.71) since 4 p.m. ET on Friday.Nineteen of 20 assets are trading higher.Leaders: SOL (+10.8%) and BCH (+8.0%).Laggards: ICP (-0.7%) and POL (+0.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Bitcoin Price Watch: Bulls Defend $84K as $88K Breakout Looms
Over the last 60 minutes, bitcoin ( BTC) is trading at $84,969 to $85,171 after a volatile 24-hour stretch that saw prices swing between $83,197 and $85,315. With a daily trading volume of $30.74 billion and a market capitalization of $1.68 trillion, bitcoin is holding ground amid mixed technical signals. The Bitcoin The market structureSource link
U.S. Crypto Lobbyists Flooding the Zone, But Are There Too Many?
Crypto's moment has seemingly arrived in Washington, D.C., and the industry is trying to make the most of it. But as new organizations hatch and leadership shifts at the top advocacy operations, the field of pro-crypto groups trying to carry the torch is more crowded than ever.No fewer than a dozen groups — including the Digital Chamber, Blockchain Association and Crypto Council for Innovation — are seeking to steer digital assets policies in the U.S., some of them substantially overlapping in their membership bases, funding sources and in the goals they're seeking to accomplish.Most of the leaders of those groups told CoinDesk they have a more-the-merrier view on pushing for friendly policy from President Donald Trump's highly receptive administration and...
Bitcoin Faces ‘Cloud Resistance’ at $85K, Neutralizes Risk Reward for Bulls
In markets, securing the best entry point is often half the battle, as timing and level significantly influence success by skewing the risk-reward ratio in traders' favour.While bitcoin's (BTC) near-term outlook may appear constructive with increased demand for bullish bets in the options market, the cryptocurrency's proximity to key resistance that capped the upside in recent months means the risk-reward profile for those looking to capitalize on the bullish prospects is less favourable.Since Saturday, BTC has been pushing against the lower boundary of the Ichimoku cloud at around $85K. Developed by a Japanese journalist in the 1960s, the Ichimoku cloud is a technical analysis indicator that offers a comprehensive view of market momentum, support, and resistance levels. The indicator comprises...
Seizable? Indeed! Crypto Is Now Closer to Functioning as Money in Brazil
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how an unfortunate ruling has brought cryptocurrency closer to being considered money in Brazil, making it seizable for settling debts. Latam Insights Encore: Crypto Gives a New Step to Become MoneySource link