Coindesk

Today’s Crypto for Advisor newsletter is coming to you from Consensus Toronto. The energy is high as digital asset policy makers, leaders and influencers gather to talk about bitcoin, blockchain, regulation, AI and so much more!Attending Consensus? Visit the CoinDesk booth, #2513. If you are interested in contributing to this newsletter, Kim Klemballa will be at the booth today, May 15, from 3-5 pm EST. You can also reply to this email directly.In today’s Crypto for Advisors, Harvey Li from Tokenization Insights explains stablecoins, where they came from and their growth.Then, Trevor Koverko from Sapien answers questions about the status of stablecoin regulations and adoption with regulations in Europe in Ask an Expert.Thank you to our sponsor of this week's...

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Imagine two major newspapers both endorsing the same presidential candidate. The joint support indicates that the candidate probably has a broad backing.Similarly, when price charts for both bitcoin BTC and Strategy (MSTR) — the largest publicly-listed BTC holder — show concurrent bullish signals, it’s likely a strong sign that the market and major institutional players are aligned.Daily price charts for both BTC and MSTR show their 50-day simple moving averages (SMA) crossing above their 100-day SMA to confirm a so-called bullish crossover. It's a sign the short-term trend is now outperforming the longer-term trend, which could be a signal of the beginning of a major bull...

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 3216.65, down 2.4% (-79.51) since 4 p.m. ET on Wednesday.None of the 20 assets are trading higher.Leaders: BTC (-0.9%) and LTC (-1.8%).Laggards: NEAR (-5.7%) and POL (-5.6%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Solana (SOL) is starting to see capital flow back in after several weeks of outflows.Glassnode data shows SOL's 30-day realized cap inflows are now firmly back in positive territory, growing at a pace of 4–5%, a level that puts it on par with XRP.While the inflows are relatively modest compared to frenzied periods in December and January, the move marks a trend reversal following a prolonged stretch of realized losses and capital outflows that reflected investor exit and fading conviction.Realized cap inflow is a metric used to gauge actual capital entering or exiting an asset, based on the USD value of coins as they last moved on-chain. It filters out noise from speculative price spikes and instead tracks where holders...

By Francisco Rodrigues (All times ET unless indicated otherwise)The cryptocurrency market pulled back over the last 24 hours, led by declines in major coins as retail investors switched out of large-cap tokens and into smaller, more speculative assets.Both bitcoin BTC and ether ETH dropped around 2% and the CoinDesk 20 Index (CD20), a measure of the broad market, fell 2.7%."We’ve observed a significant week-on-week increase in retail participation, reinforcing the broader narrative of rising optimism," said Jake O., an over-the-counter trader at Wintermute. “The shift down the risk curve is most evident in retail screen flows.”Institutional investors, for their part, have been more conservative. They're still stocking up on bitcoin, ether and XRP, while easing off positions in solana...