Coindesk

FLOKI FLOKI traded in a wide $0.00005422 range over the past 24 hours, swinging from a high of $0.00009435 to a low of $0.00008913 before settling at $0.00008946, down 1.87%, according to CoinDesk Research's technical analysis model. The token's volatile session was marked by a sharp 4% rally during the U.S. morning hours, followed by aggressive profit-taking as resistance formed near the $0.00009400 level. Trading volume spiked to 95.85 billion tokens at the height of the rally — more than 56% above FLOKI's daily average — before declining steadily into the U.S. afternoon.FLOKI's price action coincided with a key milestone announced by the project earlier today. The team revealed that FLOKI has been listed on Webull Pay, a popular U.S....

Circle, the U.S.-listed stablecoin issuer, has quietly arranged a revenue sharing agreement with Bybit, the world’s second-largest cryptocurrency exchange, according to two people with knowledge of the arrangement.Circle, which is sandwiched in competition between larger rival Tether and a growing crop of new stablecoins, shares 50% of the yield from reserves backing its U.S. dollar-pegged USDC stablecoin with crypto exchange Coinbase, a long-standing arrangement that has helped proliferate USDC across the industry. Although details of the Bybit arrangement are unknown, deals between Circle (CRCL) and exchanges like Coinbase (COIN), and more recently Binance, are to foster adoption of USDC by rewarding these platforms with a portion of the interest on Circle's reserves, and one-off payments in case of Binance.Circle’s pre-IPO...

Cronos (CRO), the native token of the Crypto.com blockchain, surged nearly 18% to $0.095 Wednesday following news that it could be included in a new exchange-traded fund (ETF) backed by Trump Media & Technology Group.The proposed ETF, which is awaiting approval from the U.S. Securities and Exchange Commission, would track a basket of five cryptocurrencies: bitcoin (BTC), ether (ETH), solana (SOL), XRP (XRP) and cronos (CRO). If approved, CRO would make up 5% of the fund’s weighting—its smallest component, but still a notable addition for a token that’s rarely featured in major institutional products.That news sent CRO soaring from about $0.08 Tuesday morning, outpacing the broader crypto market. The CoinDesk 20 Index, which tracks the top digital assets, rose just...

BNB Chain’s native token, BNB, is pushing higher as technical upgrades and fresh use cases draw investors into the network. The token climbed about 0.6% over the last 24 hours, riding a wave of heavy trading volumes and optimism tied to plans for tokenized stock offerings.Late last month, BNB Chain launched its so-called Maxwell hard fork, slicing block times from roughly 1.5 seconds to 0.75 seconds. That means transactions clear twice as fast, a move that could help the chain handle surges in activity.BNB Chain, which has around $6 billion in total value locked according to DeFiLlama data, is positioning itself as a faster alternative for decentralized apps handling high throughput.Earlier, Kraken and Backed Finance announced they are bringing their...

The journey of cryptocurrency trading constantly evolves and has been nothing short of revolutionary. Right from the start, the cryptocurrency landscape has been referred to as the “wild west” due to its nature of decentralisation and minimal oversight. However, now the space consists of increasingly sophisticated and regulated financial products and the transformation has been profound. The shift in perception has been a critical development in driving the need for robust frameworks that foster institutional adoption and, crucially, boost investor confidence.In its infancy, crypto trading was the domain of early tech evangelists and a niche community of retail investors leveraging the premise of decentralised permissionless finance. Bitcoin embodied this concept, and exchanges with varying degrees of transparency facilitated the trading...