Coindesk

There are few things more insufferable in financial markets than seasonal indicator discussions. The grandaddy may be "sell in May, then go away," which gets dragged out every spring, but probably hasn't been a valid signal since the days of Jesse Livermore, when traders literally sold in May and then headed to the beach for the summer.A set of seasonal indicators have developed around crypto even as the markets — just a few years old — have far too few observations for anything to be statistically valid. Among the favorites is that August tends to be rough month for prices.Credit where it's due, though — the seasonality fans got it right this time, at least for bitcoin (BTC).Despite continuing inflows...

Given the Trump administration’s vocal and demonstrated support for crypto, some investors are wondering whether gold’s days as the world’s favorite hedge asset are numbered.André Dragosch, European head of research at Bitwise Asset Management, suggests the choice isn’t so simple. In a post on X Saturday, he offered a rule-of-thumb: gold still works best as protection against stock market losses, while bitcoin increasingly acts as a counterweight to bond market stress.Gold: Equity Hedge of ChoiceThe reasoning starts with history. When equities sell off, investors often rush into gold. Decades of market data back this up. Gold’s long-run correlation with the S&P 500 has hovered near zero, and during market stress it often dips negative. For example, in the 2022 bear...

News BackgroundDogecoin fell 5% in the 24-hour period from Aug. 28 at 09:00 to Aug. 29 at 08:00, tracking broader risk-asset weakness.Between Aug. 24–25, an unknown whale shifted 900 million DOGE (~$200 million) to Binance wallets, fueling concerns of distribution and triggering market volatility.Open interest in DOGE futures slipped 8% after the inflows, reflecting lighter speculative positioning.On-chain data shows whales continue to build exposure, with 680 million DOGE accumulated in August, signaling institutional demand despite retail selling.Dogecoin’s network fundamentals remain firm, with hashrate climbing above 2.9 petahashes per second, underscoring mining security at record levels.Price Action SummaryDOGE dropped from $0.22 to $0.21 in the 24-hour trading window, a 5% decline across a $0.011 (≈3%) range between $0.23 and $0.21.The sharpest...

Crypto analyst and macroeconomist Alex Krüger thinks the market looks ugly enough to turn bullish.On Saturday, Krüger wrote on X, that “most crypto charts now look so broken and bearish that it’s bullish.” He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not be far behind.The bearish chartsKrüger attached a series of charts from Binance and derivatives dashboards. They included bitcoin (BTC) and ether (ETH) spot price charts, both of which had fallen below short-term upward trendlines, creating a technically bearish picture. He also posted a solana (SOL) chart that showed relative resilience compared with BTC and ETH. Alongside those, he shared BTC-USDT and ETH-USDT derivatives charts, which combined...

Web3 startups raised $9.6 billion in venture funding during the second quarter of 2025, making it the second-largest quarter on record, even as the number of deals fell to multi-year lows, according to a new report by Outlier Ventures.The research by the London-based venture capital firm could present a maturing market in which investors are putting more money into fewer projects. The findings suggest that Web3 fundraising is evolving from hype-driven activity toward targeted, durability-focused investment, with investors favoring foundational infrastructure and proven teams over volume.Only 306 deals were disclosed in the quarter, the lowest since mid-2023, but the median deal size rose across every stage. Outlier said this reflects a shift from broad, speculative investing to strategic, high-conviction allocations.Series...