Coindesk

At the time of writing, Ether (ETH) is trading at around $2,505, up 0.56% in the past 24-hours, according to CoinDesk Research's technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is up 0.34% during the same period.SharpLink Gaming, Inc. (SBET) is a pioneering online performance marketing company specializing in the sports betting and iGaming industries. Headquartered in Minneapolis, SharpLink leverages its AI-powered C4 platform to deliver personalized, data-driven marketing content that enhances customer acquisition and retention for sportsbook and casino operators. The company has expanded through strategic acquisitions and partnerships, establishing itself as a leader in the evolving sports betting ecosystem.On July 4, 2025, SharpLink announced on X that it...

Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency.The Monetary Authority of Singapore (MAS) announced that Credit Suisse’s local unit, now part of UBS, faced the biggest penalty of S$5.8 million for gaps in anti-money laundering (AML) controls, Bloomberg reported. Citigroup’s Singapore business was also fined for compliance lapses.The enforcement wraps up a two-year investigation into a sprawling S$3 billion ($2.2 billion) case revealed in 2023.Ten individuals of Chinese origin, dubbed the Fujian gang, were convicted, while two ex-bankers were charged last year for their involvement.Authorities seized cash, property, high-end goods, and cryptocurrency...

U.S. exceptionalism, the notion that the U.S. economy and its financial markets are distinct compared to those of other nations, remains alive and well, at least according to the equity markets.Since the early April slide, Wall Street's tech-heavy Nasdaq index has surged 31%, while the broader S&P 500 index has rallied 24%, according to data source TradingView. Other major indices, such as Germany's DAX, France's CAC, Japan's Nikkei, and China's Shanghai Composite, have lagged behind Wall Street.Both Nasdaq and the S&P 500 traded at record highs Thursday. Demand for U.S. Treasury notes has held up amid concerns about fiscal sustainability, as noted by CoinDesk last month.The data contradicts the popular narrative that capital flows are rebalancing away from the U.S....

FLOKI FLOKI traded near $0.00007417 on July 5, up 1.32% over the past 24 hours, according to CoinDesk Research's technical analysis model. As for the broader memecoin sector as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period.Although FLOKI is often categorized as a meme coin, its ecosystem has long featured gaming-related functionality, including NFT-based characters, play-to-earn mechanics, and token integration for in-game rewards. But the launch of the Valhalla mainnet marks its most ambitious gaming milestone to date.On June 30, 2025, FLOKI officially launched Valhalla, a blockchain-based game inspired by Norse mythology. The game runs on opBNB, a Layer-2 network designed to enable fast and inexpensive transactions. Players take control of Veras — customizable...

Dogwifhat (WIF) continues to draw attention amid volatile market conditions, with the token consolidating around $0.8319 after dipping 1.17% over the past 24 hours, according to CoinDesk Research's technical analysis model. As for the greater memecoin section as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period.Price action formed a 5.1% range from $0.821 to $0.864, with critical support confirmed near $0.835 on significant volume. A sharp rally earlier this week to $0.92 drew profit-taking, but technical strength remains as WIF holds above its new local floor.Blockchain analytics show whale wallets have accumulated more than 39 million tokens, a pattern that aligns with broader memecoin rotation underway across Solana-based assets. This trend comes as BONK...