Coindesk

Dogecoin staged a sharp recovery following a dramatic weekend selloff, during which the token plummeted to a low of $0.143 before rebounding above $0.153. The move came amid surging trading volume — over five times the daily average — confirming buyer interest at critical support levels and hinting at a potential momentum shift as broader markets remain turbulent.News BackgroundGlobal macroeconomic uncertainty continues to rattle digital assets. Geopolitical tensions and trade disputes between major economies have amplified volatility across risk markets. Meanwhile, inflation concerns and ongoing scrutiny of Federal Reserve monetary policy have contributed to cautious sentiment in crypto.DOGE’s latest bounce came during a period of intense selling pressure, but strong volume-backed support at $0.145 appears to have triggered a reversal....

Crypto media outlet Cointelegraph has confirmed its website was compromised by a front-end exploit on Sunday, with attackers injecting a malicious pop-up that falsely claimed to offer “CoinTelegraph ICO Airdrops” and “CTG tokens.”The fake banner urged readers to connect their crypto wallets in exchange for nearly $5,500 worth of tokens, citing a “fair launch” event and a bogus CertiK audit to lend legitimacy to the scam.“Do not click on these pop-ups, connect your wallets, or enter any personal information,” Cointelegraph warned in a post on X, adding that it was “actively working on a fix.”Victims are typically tricked into connecting wallets for token claims, identity verification, or loyalty rewards — only to have their funds siphoned immediately after.The tactic mirrors...

American poet Charles Bukowski famously said: "The crowd is always wrong," and his words seem to sum up the situation in the financial markets perfectly.Just 24 hours ago, social media was abuzz with fears that the U.S. airstrike on Iran's nuclear sites, combined with the talk of Iran mulling the closure of the Strait of Hormuz, will trigger a massive surge in oil prices, leading to a slide in stocks and cryptocurrencies.The reality, however, has turned out to be different. Oil prices on both sides of the Atlantic gapped higher by just 3% and have since erased most of the gains, according to data source TradingView.As of writing, a barrel of Brent oil changed hands at $77, up just 1.4%...

Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.As Asia begins the trading week, BTC is trading above $100,500 as the initial volatility from news over the weekend that the U.S. struck some of Iran's nuclear facilities begins to subside.While prices briefly dipped below six figures on Sunday in a risk-off reaction, markets have since stabilized. Equity futures are flat, and gold is up only marginally, suggesting that traders are not yet pricing in a broader escalation.The lack of follow-through in traditional markets may reflect expectations...

Solana (SOL) SOL is trading at $128.82, down 8.33% in the past 24 hours, after a steep intraday correction linked to rising geopolitical tensions. The token dropped from $140.39 to $127.25, with the sharpest hourly decline occurring at 13:00, when sell pressure spiked and trading volume exceeded 4 million, according to CoinDesk Research's technical analysis model. The market reaction followed confirmed reports of U.S. military strikes targeting Iranian nuclear sites, triggering widespread risk aversion across crypto markets.Some traders now worry that a closure of the Strait of Hormuz, even if temporary, could send oil prices soaring. That would likely stoke inflation, reduce the odds of near-term Fed rate cuts, and prolong the risk-off environment hurting crypto markets. A direct attack...