Coindesk

Avalanche’s token AVAX recently broke out of a consolidation phase, establishing strong support levels, according to CoinDesk Research’s technical analysis model. The token is up 0.8% in the last 24 hours.The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, exchange coins and memecoins — lost 0.4% over the same period.Technical Analysis• AVAX demonstrated resilient price action during the 24-hour period, establishing a small uptrend.• After initial consolidation between $17.13-$17.35, AVAX broke out with significant volume, forming strong support at $17.07 confirmed by above-average volume during reversal.• The asset established higher lows throughout the period, with resistance at $17.63 tested multiple times, suggesting accumulation phase completion and potential for continued upward momentum.• AVAX...

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 2955.67, down 0.4% (-11.81) since 4 p.m. ET on Thursday.Nine of 20 assets are trading higher.Leaders: AAVE (+3.0%) and APT (+2.2%).Laggards: FIL (-2.0%) and XRP (-1.8%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Crypto investors lost over $2.1 billion to hacks and exploits in the first half of 2025, marking the worst six-month period on record for crypto security and an indication of some nation-states intensifying their cyber campaigns in the crypto space.The 75 recorded incidents crossed the previous H1 high from 2022 by roughly 10% and nearly match the entire 2024 total, a TRM Labs report released Friday said. But raising alarms is who is doing a major part of the stealing.Researchers say North Korean-linked groups are responsible for $1.6 billion, or 70% of all stolen funds this year.At the center of the surge is the $1.5 billion Bybit hack in February, now believed to have been carried out by North Korea,...

By Francisco Rodrigues (All times ET unless indicated otherwise)One of the biggest bitcoin BTC options expiries of the year has come and gone, and the largest cryptocurrency has declined just 0.6% in the past 24 hours to a little under $107,000.In bitcoin terms, that's pretty much rock steady. For a look at how unperturbed traders are at the moment, consider Deribit’s BTC Volatility Index (DVOL), a measure of implied volatility. That's now dropped to 37, its lowest level since late 2023. The broader crypto market is less sanguine, with the CoinDesk 20 (CD20) index down 1.2%.Bitcoin's reduced volatility is "perhaps a sign that the market is increasingly confident in its macro-hedge role," Deribit's Chief Commercial Officer Jean-David Péquignot told CoinDesk....

Sui (SUI) SUI is trading at $2.6481, down 2.03% in the past 24 hours, after rebounding from the $2.58–$2.60 support range during the June 26–27 session, according to CoinDesk Research's technical analysis model. The bounce followed a steep intraday decline from $2.70 to $2.58 but was supported by renewed volume and improved sentiment tied to institutional interest.A key development came via Lion Group Holding Ltd. (LGHL), which on June 26 announced its intention to acquire SUI tokens as part of a broader $600 million crypto treasury strategy. In a press release, the Singapore-based Nasdaq-listed firm confirmed a $2 million acquisition of HYPE tokens at an average price of $37.30, marking the first strategic purchase under this program. The company also...