Coindesk

Cryptocurrency exchange Bitpanda is "looking much closer" into a public listing than previously, co-founder Eric Demuth said in an interview with the Financial Times.Demuth ruled out London as a likely venue for a public market debut, despite the crypto exchange's recent expansion of U.K. operations. The lack of liquidity in share trading is putting Vienna-based Bitpanda off seeking a listing on the London Stock Exchange (LSE), he said."Currently, everybody's moving away from the LSE," Demut said. "Liquidity-wise, the LSE is not doing too well."He added that a listing in New York was more likely, based on the support by the U.S. government's support for digital assets.This month saw the New York Stock Exchange debut of crypto firm Bullish (BLSH), which...

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin's (BTC) technical outlook has deteriorated over the past 24 hours, with prices dropping below a key moving average for the first time since April. This breakdown has left BTC at a disadvantage compared to major tokens such as Ether (ETH), XRP, and Solana (SOL).BTC loses 100-day SMABTC has dropped over 1% in the past 24 hours, hitting a low of $109,172 at one point.In the process, the cryptocurrency has convincingly dipped below the 100-day simple moving average (SMA), a widely tracked momentum indicator and support/resistance line, for the first time since April 22.Further, prices have crossed below the Ichimoku cloud, indicating a bearish shift in momentum.The...

Bitcoin (BTC) and ether (ETH) options worth over $14.6 billion are set to expire Friday on Deribit in what's shaping up to be one of the most significant derivative events of 2025.The expiry is heavily skewed toward BTC put options, underscoring a continued demand for downside protection, whereas it's more balanced for ether.As of the time of writing, 56,452 BTC call option contracts and 48,961 put option contracts were due for settlement, totalling a notional open interest of $11.62 billion, according to data source Deribit Metrics. Deribit is the world's largest crypto options exchange, accounting for 80% of the global activity. On Deribit, one option contract represents one BTC or ETH.A closer look at open interest reveals concentrated activity in...

XRP faced steep swings in the August 25–26 trading window, sliding from $3.01 to $2.91 for a 3.2% loss. A burst of institutional liquidation during the 19:00–20:00 GMT hour drove the sharpest drop, with volumes tripling daily averages. Recovery attempts late in the session brought the token back above $2.90, but the market remains split on whether upside momentum can sustain.News BackgroundXRP has traded with elevated volatility through August, with repeated failures above $3.00.Whale wallets and institutional flows have driven short-term swings, adding pressure on retail positioning.Broader crypto benchmarks posted steadier gains, leaving XRP trailing peers amid regulatory overhang in the U.S.Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, told CoinDesk it has teamed up with Ripple to launch...

Prediction markets are signaling skepticism that Donald Trump will be able to bend the Federal Reserve to his will this year, even as the U.S. President moves to fire a Fed Governor for what he believes is just cause.On Polymarket, bettors put the chance of Jerome Powell being forced out as Fed Chair in 2025 at just 10%, suggesting investors don’t believe Trump can override the central bank’s independence before Powell’s term expires in May 2026.Trump’s push to fire Fed Governor Lisa Cook tells a different story. He wants her removed over allegations of mortgage fraud, per a letter posted on Truth Social, making her the first sitting governor ever targeted by a presidential dismissal.Cook, however, has refused to step...