Coindesk

Dogecoin Rebounds From 16 Cents as Triangle Pattern Signals 60% Price Swing

Dogecoin is stabilizing near $0.170 after a sharp reversal from session lows, showing signs of accumulation as macroeconomic tensions rattle global markets. The meme cryptocurrency found strong support at $0.16, and is now coiling within a symmetrical triangle — a technical pattern known to precede major directional moves.News BackgroundAnalysts are increasingly focused on DOGE’s tightening technical structure. The current symmetrical triangle setup, combined with compressing volume and narrowing volatility, suggests a breakout could be imminent. Historical precedence for this pattern points to a potential 60% price move — though the direction remains unclear.As the Federal Reserve prepares to issue its next policy guidance and risk assets remain under pressure, DOGE’s positioning near a breakout point could present opportunity — or...

KindlyMD Raises Another $51.5M for Bitcoin Treasury Strategy

KindlyMD (NAKA), a Salt Lake City-based health-care data firm merging with bitcoin-focused holding company Nakamoto, raised another $51.5 million for bitcoin BTC purchases, the companies announced Friday.The private placement equity financing round, also known as PIPE, was priced at $5 per share of common stock in KindlyMD. The financing was fully subscribed in less than three days, according to Nakamoto founder and CEO David Bailey. "We continue to execute our strategy to raise as much capital as possible to acquire as much bitcoin as possible," he said in a statement.This fundraising brings the firm's total capital raise to around $763 million, including previous PIPE financing and convertible notes offering.NAKA shares fell around 7% in the early Friday session. The Nasdaq...

TON Breaks $3 Barrier Amid Surging Volume, Riding Telegram’s Growth

The Telegram-native cryptocurrency TON has broken through the psychologically significant $3 barrier, demonstrating robust momentum with exceptional trading volume nearly triple the period average. This surge coincides with growing interest in Telegram's ecosystem as WhatsApp begins implementing advertisements, positioning TON as a beneficiary of the shift toward ad-free, crypto-integrated messaging platforms. Despite recent volatility, TON has established strong support levels while maintaining its upward trajectory, reflecting increased institutional participation and growing adoption of Telegram's blockchain infrastructure.Technical analysisClear uptrend formation with higher lows and higher highs, breaking through key resistance at $2.97 on exceptional volume.Strong support established at $2.94, with new support level forming at $2.982 after recent volatility.High-volume trading during the 8:00 hour saw over 3 million in volume, nearly...

Polkadot’s DOT Bounces 4% After Forming Triple Bottom at $3.47 Support Level

DOT rebounded, gaining 4%, after dropping 3.67% to $3.464, where it found strong support, according to CoinDesk Research's technical analysis model. The move higher was on strong volume, the model showed.A bullish reversal pattern has formed with consecutive higher lows since the bottom, which suggests further potential upside, according to the model.In recent trading, DOT was 0.5% lower over 24 hours at around $3.57. The broader market gauge, the CoinDesk 20, was 1.2% higher at publication time.Technical Analysis:DOT experienced a 3.67% correction from $3.596 to $3.464 before finding strong support. Volume exceeded 2.5M units at the $3.47 support level, significantly above the 24-hour average. A bullish reversal pattern formed with consecutive higher lows since the bottom. V-shaped recovery pattern emerged...

Crypto Daybook Americas: Bitcoin Buoyed by Trump, but Analysts Eye $92K Risk

By Francisco Rodrigues (All times ET unless indicated otherwise)Risk assets, cryptocurrencies among them, breathed a sigh of relief after President Donald Trump ruled out an immediate entry into the Israel-Iran war, saying he may wait two more weeks before deciding whether to add U.S. firepower to the conflict.Bitcoin (BTC) is hovering around $106,000, up 0.9% in the past day, and the broader CoinDesk 20 index has gained 0.77%. In traditional markets, oil prices slipped 1.7% after a three-week rally and European stock indexes rose. U.S. equity futures are slightly higher than they were this time Thursday. Trump's comment reduced the odds of U.S. military action before the end of the month on prediction market Polymarket from around 70% to 40%....