Coindesk

Polygon’s native token POL (previously MATIC) rose nearly 3% over the past 24 hours, outperforming the broader market, after establishing multiple support zones, according to CoinDesk Research's technical analysis data.The token climbed from $0.184 to $0.189 with a trading range of $0.0082 (4.28%), reflecting constructive volatility patterns, according to the model.The token built solid support foundations within the $0.183 to $0.184 corridor, where buyers consistently emerged. Exceptional volume activity up to 597,718 substantially surpassed the daily average of 189,000, indicating robust institutional engagement during rally phases and confirming successful penetration above $0.187 resistance, the model showed.The technical landscape also shows progressive higher lows between $0.1890-$0.1892, indicating foundational support strength, while overhead resistance persists around $0.1897, establishing a compressed trading band...

Insurance stands as one of finance’s foundational primitives—an essential scaffold that undergirds every major market from commodities to credit. Since the 1600s, no vibrant financial ecosystem has thrived without a robust insurance mechanism: market participants demand quantifiable measures of risk before committing capital.Yet in decentralized finance(DeFi)’s first wave—lending, exchanges, derivatives—insurance remained an afterthought, implemented in rudimentary forms or absent altogether. As DeFi targets its next inflection point, embedding sophisticated, institution-grade insurance models will be critical to unlocking deep pools of capital and delivering enduring resilience.A Brief History of Risk and InsuranceModern insurance has a long history. In the 16th century, Gerolamo Cardano’s early treatises on games of chance pioneered probabilistic thinking, framing uncertainty in mathematical terms (eventually he would give...

Memecoin FLOKI rockets 12.1% in a 24-hour session, blasting from $0.0000815 to $0.0000915 on massive volume, while the broader CoinDesk 20 market index gained only 1.4%. Trading range hit $0.0000136, representing 16.8% volatility, in accelerated price action, specifically around the 13:00-16:00 UTC window on July 8. FLOKI smashed through multiple resistance barriers, according to the model. The volume exploded to 274.1 billion tokens at 16:00 UTC, which is five times the 24-hour average of 58.4 billion. Strong volume support materialized at $0.0000851 level during the 12:00-13:00 UTC timeframe. This established launch pad for a breakout above $0.0000880 resistance. This sustained upward momentum, combined with elevated trading volumes, signals institutional accumulation and potential bullish sentiment.The move comes amid news of FLOKI...

Internet Computer (ICP) delivered a solid recovery on Tuesday, climbing 1% after encountering early selling pressure. The rebound from intraday lows showcased the asset’s structural strength and growing buyer conviction at key technical levels.After slipping early in the European morning, ICP found support near the $4.72 mark, where trading activity intensified and buyers stepped in aggressively. This level now stands as a high-conviction support zone, marking a potential base for further upside, according to CoinDesk Research's technical analysis data. The price stabilized above this threshold and gradually climbed toward previous highs, suggesting the presence of accumulation and reinforcing bullish sentiment.Volume trends surrounding the reversal were notably elevated, indicating institutional participation and strong reaction at support. The strength of the bounce...

BioSig Technologies (BSGM), a medical-technology company fresh off a merger with tokenization firm Streamex, said it signed definitive agreements for up to $1.1 billion in financing to fund a gold-backed treasury model and scale its tokenization platform for real-world assets (RWAs) like gold and other commodities.The capital raise includes $100 million in senior secured convertible debentures and a $1 billion equity line of credit. The debentures accrue 4% interest and are convertible into common shares, giving holders the rights to a sizable equity position. Under the equity line of credit, the firm may issue new shares and sell up to $1 billion of common stock to investors for up 36 months.BSGM shares plunged as much as 43% to $6.54 on...