Coindesk

Following a period of volatility where prices swung between $2.72 and $2.93, strong buying emerged for toncoin TON at lower levels, according to CoinDesk Research’s technical analysis model.The coin is up 3% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — which has risen 5.5% in the same period of time.Technical Analysis• Price experienced a 7.59% swing between $2.72 low and $2.93 high over 24 hours.• Strong buying emerged with above-average volume (4.08M), establishing support around $2.75.• Steady uptrend formed with peak of $2.93 before consolidation in $2.89-$2.91 range.• Higher lows throughout the period indicate strengthening bullish momentum.• Resistance around $2.93 remains...

Strategy (MSTR) is currently experiencing its lowest 10-day realized volatility since it first added bitcoin {BTC} to its balance sheet in 2020, according to Jeff Park, Head of Alpha Strategies at Bitwise Asset Management. Realized volatility refers to the actual historical movement of an asset's price over a specific period, in this case ten days. It is calculated using past price data and indicates how much the price has fluctuated in reality, as opposed to how much it is expected to fluctuate in the future.In addition to subdued historical price swings, MSTR’s implied volatility (IV) currently sits at 48.33 percent, which is among the lowest levels recorded for the stock in recent years. Implied volatility reflects the market’s forecast...

Uncertainty in the Middle East between Iran and Israel continues to shape cryptocurrency performance as ATOM demonstrates remarkable strength with a decisive breakout. The cryptocurrency surged from $3.787 to $4.042, establishing new support above the psychological $4.00 level with strong buyer conviction. Technical AnalysisATOM-USD demonstrated a 6.73% gain over 24 hours, with a total price range of $0.359 (9.52%).The decisive breakout occurred at 22:00 on June 23rd, with price surging through the $4.00 resistance level.Trading volume during the breakout reached 2,027,234 units, nearly double the 24-hour SMA of 1,023,000.A new high-volume resistance level was established at $4.09. • Post-breakout, ATOM maintained support above $4.00 with decreasing volatility, suggesting consolidation.In the most recent hour, ATOM experienced a bullish breakout at 12:03,...

By Omkar Godbole (All times ET unless indicated otherwise)"Always fade geopolitics," the founders of the LondonCryptoClub newsletter said Monday as bitcoin BTC fell below $100,000 after Iran fired missiles at U.S. airbases in the Middle East.It looks like they were right. BTC quickly reversed its drop and has since topped $105,000, restoring spirits in the broader market, where VIRTUAL, JUP and SEI are flashing gains of over 20%, according to CoinDesk data. The path of least resistance appears to be to the higher side, with President Donald Trump announcing a ceasefire between Israel and Iran, although unconfirmed reports of fresh aggression by Tehran and a response from Jerusalem introduce a note of caution.Also supporting a gain: At least two Fed...

Ethereum could soon run twice as fast.That’s according to a new proposal floated by core developer Barnabé Monnot to reduce the network’s slot time from 12 seconds to 6 seconds, effectively doubling the number of blocks produced per minute.The idea, part of EIP-7782, could be included in the upcoming Glamsterdam upgrade slated for 2026. Proposals or publicly discussed ideas are commonplace in the blockchain world, and may not necessarily move to testing.If implemented, the proposal would reduce time across three key consensus steps: block proposals (3 seconds), attestations (1.5 seconds), and aggregation (1.5 seconds). That would shave 6 seconds off the current 12-second cycle.Faster blocks mean quicker confirmations, fresher onchain data for wallets and apps, and a more seamless experience...