Coindesk

DWF Labs is investing $25 million in World Liberty Financial (WLFI), the decentralized finance protocol backed by U.S. President Donald Trump and his family. The crypto market maker is also entering the U.S. market with a new office in New York City as part of its broader expansion plans, according to a press release on Wednesday. By establishing a physical presence in the U.S., DWF aims to work more closely with traditional financial institutions, expand its local workforce and engage more directly with U.S. regulators.The firm also plans to deepen ties with American colleges and universities to promote education on cryptocurrencies. The WLFI token purchase gives DWF Labs a governance stake in the project, which includes USD1, the project’s soon-to-launch...

By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrency prices are down across the board over the last 24 hours amid a wider risk asset sell-off triggered by deepening U.S.-China trade tensions.The White House said China now “faces up to a 245% tariff on imports” and imposed new restrictions on chip exports to the country. Bitcoin (BTC) fell more than 2.2% while the broader market, measured by the CoinDesk 20 (CD20) index, declined 3.75%.Nasdaq 100 futures are also down, losing more than 1% while S&P 500 futures dropped 0.65%. While bitcoin has remained notably stable as the trade war escalated, some metrics suggest the bull run may have ended.The largest cryptocurrency slipped below its 200-day simple moving average on March...

Bitcoin’s (BTC) on-chain metrics are flashing a key signal once again, as the short-term holder (STH) MVRV ratio fell to 0.82 — a level historically associated with market stress and capitulation, according to Glassnode data. This metric compares the market value (current BTC price) to the realized price (average cost basis of coins held by short-term holders). A STH MVRV value below 1.0 indicates that recent buyers are, on average, underwater, holding unrealized losses. At 0.82, this means short-term holders are down roughly 18% on average, a sign that many are experiencing significant pain.This level closely mirrors previous MVRV cycle lows: 0.84 in August 2024 and 0.77 in November 2022, both of which preceded market bottoms and trend reversals.Historically, such...

The crypto bull run may have ended, with the market poised for a winter characterized by prolonged losses and stagnation, according to Coinbase's institutional arm. "The 200DMA model on bitcoin does suggest that the token’s recent steep decline qualifies this as a bear market cycle starting in late March. But the same exercise performed on the COIN50 index (which includes the top 50 tokens by market capitalization) shows the asset class as a whole has been unequivocally trading in bear market territory since the end of February," David Duong, global head of research at Coinbase Institutional, said in a note published Monday.Bitcoin slipped below its 200-day simple moving average (SMA) on March 9 and has since established a foothold below...

Bitcoin (BTC) and major cryptocurrencies fell over 3% as profit-taking followed Tuesday's rally. Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200 a day earlier. Ether (ETH) and Cardano’s ADA fell as much as 5% to lead losses among majors.The cryptocurrency market added 8% over 7 days, stabilising at the $2.7 trillion level since Saturday.FxPro’s Alex Kuptsikevich says a move higher could bolster hopes for further gains, but these expectations will “only be confirmed after a solid consolidation above the 200-day moving average, which is now near $2.97 trillion.“"Bitcoin continues its cautious rise, trading above its 50-day moving average and reaching $85,700. This is an important technical...